$150,000 - 3947 Ward Basin Rd, Milton

Appointments required to view this occupied multi-unit home. Discover the potential of this unique property in Milton, FL, offering space, versatility, and excellent proximity to the best of Northwest Florida’s outdoor lifestyle. Situated on 0.68 acres, this home is ready for renovation and provides a rare opportunity for buyers seeking value and flexibility. The main home requires updates, including foundation repair and reconnection of plumbing to the hall bath, and completion of a previously started kitchen renovation. The older roof, while not currently leaking, will likely need replacement for insurance eligibility. Septic was pumped 4 months ago and may need to be replaced. For buyers with vision, this property offers a solid footprint to reimagine and restore. A standout feature is the attached studio apartment, currently rented month-to-month at $900 including utilities. It is ideal for those seeking continued rental income, multigenerational living, or conversion into a private home office or creative space. Outdoor enthusiasts will appreciate the location—just minutes from public boat launches along the Blackwater River and Blackwater Bay, perfect for boating, kayaking, and fishing. The property also offers quick access to Interstate 10, making commutes to Pensacola, Crestview, or the beaches smooth and convenient. Additional highlights include a large detached shed/workshop with power, ideal for storage, hobbies, or equipment. With ample yard space suitable for parking boats, RVs, trailers, and no HOA, the possibilities are wide open. Whether you’re an investor, renovator, or someone looking to create a personalized homestead, this property delivers opportunity in a prime Milton location.