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  • 3
  • 1798
  • 1975
  • 97
Active Status Duplex WaterFront
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Live in one side and rent out the other side: 7860 & 7862. Mirrored floorplans *Includes .93 acre vacant parcel next door for potential investment property. Excellent opportunity to live in a quiet country setting, while earning rental income with this wonderful all brick duplex in an established Milton neighborhood. The property sits off the main road and is actually two parcels totaling approximately 1.34 acres including the private road and is flanked by beautiful mature trees. The property is fully fenced in, with large separate backyards, and currently rented at $695 per side. Each unit is 899 square feet with 2 bedrooms and 1 bath, large eat-in kitchen and a cozy, bright living room with a full exposed brick wall for character. Both sides have new HVAC systems (2013 & 2019) and additional insulation blown in for energy efficiency. 7862 Penny Lane had all new windows installed in approx 2013 and appliances include fridge, stove, washer and dryer. 7860 Penny Lane includes fridge and stove. Both sides have a concrete patio and storm doors. This property has a solid rental history and both sides are currently rented out and managed by a professional property manager. The location is very convenient, just south of highway 90, near downtown Milton and minutes to the interstate, close to fishing and local boat ramps. Property is practically across the street from Peter Prince Field, a short drive to Whiting Field, and approximately 20 minutes to Navarre Beach. You can build your dream home on the large vacant lot and keep the duplex as a rental. The wooded vacant lot has been semi-cleared to showcase the tranquility and possibilities. This is a very unique property, and it would be a perfect location for a large extended family looking for a good space for all to live comfortably with room to grow. There’s so much potential here. Owner is selling both lots as a package but would consider splitting them for the right offer. Please do not approach tenants. appt only

Address: 7860 PENNY LN
Province: FL
City: Milton
Sub-Area: Santa Rosa
Zip Code: 32583
MLS#: 564425
MLS Area:

Price History

Date Price Event Change MLS#:
12/4/2019 $175,000 List Price 564425

Assigned School Zones

  • Elementary School:East Milton
  • Middle School:King
  • High School:Milton

Nearby Schools

East Milton Elementary School(Preschool-5)1
Santa Rosa Online Virtual Instruction Program(K-8)4
Berryhill Administrative Complex(Preschool-11)
Capstone Academy Milton Charter School(Preschool-K)
Bagdad Elementary School(Preschool-5)
T. R. Jackson Prek Center(Preschool-Preschool)
Santa Rosa Online Virtual Instruction Program(K-8)4
Santa Rosa Virtual Franchise(6-12)
Berryhill Administrative Complex(Preschool-11)
Learning Academy Of Santa Rosa(6-12)
Martin Luther King Middle School(6-8)5
Santa Rosa Virtual Franchise(6-12)
Berryhill Administrative Complex(Preschool-11)
Milton High School(9-12)3
Learning Academy Of Santa Rosa(6-12)

Interior Details

  • Appliances:None
  • Features:Baseboards, Ceiling Fans, Some Blinds
  • Furnished:
  • Floor Type:Tile, Vinyl, W/W Carpet
  • Cooling:2+ Units, Air/Air Htpmp
  • Heating:Air/Air Htpmp, Central Electric
  • Other Rooms:

Exterior Details

  • Home Construction
  • Features:Backyard Fence, Chain Link, Open Patio, Yard Building
  • WaterFront:Yes
  • WaterFront Description:NONE
  • Exposure:
  • Roof Type:Composite Shingle
  • Garage Spaces:
  • Pool:Yes
  • Utilities:
  • Lot Description:CENTRAL ACCESS
  • Lot Size:irregular
  • Parking:DRIVE ONLY
  • Foundation:SLAB

Community Details

Rental Information

  • Rental Income:$0
  • Rental Number:0

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Property Information Last Updated: 12/7/2019 9:31:26 PM
Property Listed By RE/MAX INFINITY