3111 Zepp Ln Milton, FL 32571
Estimated payment $4,035/month
Highlights
- Detached Guest House
- Updated Kitchen
- Traditional Architecture
- In Ground Pool
- 0.99 Acre Lot
- Granite Countertops
About This Home
Perfect INVESTMENT opportunity on ALMOST an ACRE right in the heart of Pace - just a mile from Five Points. This beautifully remodeled and unique MULTI-UNIT home is a total of 3,147 sq ft, located at the end of a private road, has a POOL, and features a trailer duplex on the property, as well. There is total of 4 units on this property, and all are currently leased, with 2 units being on a month-to-month basis, and 2 units being short-term. The main multi-unit home features 2 units, and each unit has 3 bedrooms and 2 bathrooms. The trailer duplex has a total of 779 sq ft, and there are 2 units, with each unit having 1 bedroom and 1 bathroom. The rental income for these 4 units is EXCELLENT, and there is potential for income growth with these units. The main multi-unit home has the following features: Roof 2024, New HVAC 2025, Hot Water Heater 2024, LVP flooring, granite countertops, stainless steel appliances, and many other upgrades. The trailer duplex has the following features: Metal Roof, HVAC 2024, Hot Water Heater 2024, LVP flooring, and granite countertops. There is beautiful fencing around the property, which just adds to the beauty of this unique find! There is a HUGE Building/Shop for storage and RV Hookups on the property too! Two other properties on Zepp Lane are available (MLS 666249 & 666233) - you could invest in just this property or you could potentially invest in all 3 properties on Zepp Lane. Opportunities like this don't come around often. Don't miss this OPPORTUNITY - it won't last!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,368
Year Built
- Built in 1987
Lot Details
- 0.99 Acre Lot
- Partially Fenced Property
- Interior Lot
Parking
- Driveway
Home Design
- Traditional Architecture
- Slab Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,926 Sq Ft Home
- 1-Story Property
- Ceiling Fan
Kitchen
- Updated Kitchen
- Breakfast Bar
- Built-In Microwave
- Dishwasher
- Granite Countertops
Bedrooms and Bathrooms
- 6 Bedrooms
- Remodeled Bathroom
- 4 Full Bathrooms
Outdoor Features
- In Ground Pool
- Patio
- Porch
Additional Homes
- Detached Guest House
Schools
- Wallace Lake K-8 Elementary And Middle School
- Pace High School
Utilities
- Multiple cooling system units
- Multiple Heating Units
- Central Heating
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 302N290000043010000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,368 | $338,383 | $29,610 | $308,773 |
| 2023 | $4,368 | $333,596 | $29,610 | $303,986 |
| 2022 | $0 | $323,449 | $29,610 | $293,839 |
| 2021 | $0 | $265,848 | $17,766 | $248,082 |
| 2020 | $0 | $245,835 | $0 | $0 |
| 2019 | $0 | $232,234 | $0 | $0 |
| 2018 | $0 | $225,283 | $0 | $0 |
| 2017 | $0 | $212,828 | $0 | $0 |
| 2016 | $0 | $207,053 | $0 | $0 |
| 2015 | -- | $200,323 | $0 | $0 |
| 2014 | -- | $202,059 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/17/2025 06/17/25 | For Sale | $689,000 | +129.0% | $175 / Sq Ft |
| 10/07/2022 10/07/22 | Sold | $300,810 | -14.1% | $96 / Sq Ft |
| 09/23/2022 09/23/22 | Pending | -- | -- | -- |
| 09/19/2022 09/19/22 | For Sale | $350,000 | -- | $111 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $795,000 | Guarantee Title | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $103,300 | -- | |
| Warranty Deed | $99,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $815,000 | Balloon | |
| Previous Owner | $80,042 | No Value Available | |
| Previous Owner | $81,500 | Commercial |
Source: Pensacola Association of REALTORS®
MLS Number: 666227
APN: 30-2N-29-0000-04301-0000
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