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Off market
  • $283,100

    7860 Penny Ln, Milton, FL 32583

    2beds
    1,798sqft
    MultiFamily
    Built in 1975
    -- sqft lot
    $283,100 Zestimate®
    $157/sqft
    $1,173 Estimated rent

    Home value

    $283,100

    $249,000 - $326,000

    $1,173/mo

    Zestimate® history
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    What's special

    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

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced air, Heat pump, Electric
    Cooling
    • Central
    Appliances
    • Included: Refrigerator
    Features
    • Ceiling Fan(s), Pantry, Laminate Counters, BASEBOARDS
    • Flooring: Tile, Carpet, Linoleum / Vinyl
    • Doors: Storm Door(s)
    • Windows: SOME BLINDS
    Interior area
    • Total interior livable area: 1,798 sqft

    Property

    Features
    • Patio & porch: Patio
    • Exterior features: Wood, Brick
    • Fencing: Chain Link, Back Yard
    Details
    • Additional structures: Outbuilding
    • Zoning description: Res Single

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: GROUND FLOOR
    Materials
    • Roof: Other
    Condition
    • Year built: 1975

    Utilities & green energy

    • Electric: Circuit Breakers, COPPER WIRING
    • Sewer: Septic Tank
    • Water: Public
    Green energy
    • Energy efficient items: CEILING FANS, HEATPUMP, INSULATED CEILINGS, INSULATED WALLS

    Community & neighborhood

    Location
    • Region: Milton

    Other

    Other facts
    • WaterSource: Public
    • Flooring: Carpet, Tile, Vinyl
    • Sewer: Septic Tank
    • Appliances: Refrigerator, Electric Stove, OVEN/COOKTOP
    • InteriorFeatures: Ceiling Fan(s), Pantry, Laminate Counters, BASEBOARDS
    • HeatingYN: true
    • NumberOfUnitsTotal: 2
    • CoolingYN: true
    • PatioAndPorchFeatures: Patio
    • FoundationDetails: Slab
    • TenantPays: Cable TV, Electricity, Exterior Maintenance, Trash Collection, Water/Sewer, INTERNET, Telephone
    • ConstructionMaterials: Wood Siding, Brick
    • PropertyAttachedYN: true
    • Heating: Heat Pump, Central Electric
    • Cooling: Heat Pump, Multi Units
    • LeaseTerm: Month To Month, 7 TO 12 MONTHS
    • HomeWarrantyYN: True
    • Fencing: Chain Link, Back Yard
    • CoveredSpaces: 0
    • OperatingExpenseIncludes: Professional Management
    • OtherStructures: Outbuilding
    • DoorFeatures: Storm Door(s)
    • Roof: Composite Shingle, Gable
    • Electric: Circuit Breakers, COPPER WIRING
    • RoadResponsibility: City
    • ZoningDescription: Res Single
    • GreenEnergyEfficient: CEILING FANS, HEATPUMP, INSULATED CEILINGS, INSULATED WALLS
    • RoadFrontageType: CENTRAL ACCESS
    • WindowFeatures: SOME BLINDS
    • ParkingFeatures: DRIVE ONLY
    • ArchitecturalStyle: GROUND FLOOR
    • MlsStatus: Active

    Price history

    DateEventPrice
    1/31/2020Sold$155,000-11.4%$86/sqft
    Source: PAR #564425 Report a problem
    12/4/2019Listed for sale$175,000+34.7%$97/sqft
    Source: RE/MAX INFINITY #564425 Report a problem
    1/9/2019Listing removed$695
    Source: RE/MAX Infinity PM Report a problem
    11/30/2018Listed for rent$695+3%
    Source: RE/MAX Infinity PM Report a problem
    1/9/2018Listing removed$675
    Source: RE/MAX INFINITY #528514 Report a problem
    12/28/2017Listed for rent$675
    Source: RE/MAX Infinity PM Report a problem
    8/18/2017Listing removed$675
    Source: RE/MAX INFINITY #520361 Report a problem
    8/7/2017Price change$675-2.9%
    Source: RE/MAX INFINITY #520361 Report a problem
    7/4/2017Listed for rent$695+3%
    Source: RE/MAX INFINITY #520361 Report a problem
    7/26/2016Listing removed$675+12.5%
    Source: RE/MAX Infinity PM Report a problem
    5/8/2015Listing removed$129,900$72/sqft
    Source: RE/MAX INFINITY #465479 Report a problem
    9/14/2014Price change$129,900-3.8%$72/sqft
    Source: RE/MAX INFINITY #465479 Report a problem
    8/8/2014Price change$135,000-3.5%$75/sqft
    Source: RE/MAX INFINITY #465479 Report a problem
    8/1/2014Listing removed$600
    Source: RE/MAX INFINITY #466586 Report a problem
    7/3/2014Listed for sale$139,900$78/sqft
    Source: Kaylee Investments LLC #465479 Report a problem
    5/24/2014Listed for rent$600+9.1%
    Source: PCS REAL ESTATE SOLUTIONS, INC. #463407 Report a problem
    5/29/2011Listing removed$550
    Source: PCS REAL ESTATE SOLUTIONS, INC. #408081 Report a problem
    5/7/2011Listed for rent$550
    Source: PCS REAL ESTATE SOLUTIONS, INC. #408081 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 32583

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: EAST MILTON
    • Middle: KING
    • High: MILTON

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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