4574 Simpson St Milton, FL 32583
Estimated payment $763/month
Highlights
- The property is located in a historic district
- No HOA
- ENERGY STAR Qualified Air Conditioning
- Corner Lot
- Cottage
- 3-minute walk to Oyster Pile Boat Ramp
About This Home
Charming Fixer-Upper, Endless possibilities! Located in the heart of historic Bagdad — where small-town charm meets opportunity! Just one block from the public boat launch with fishing, a shaded picnic area, and beautiful waterfront views, this property is ideal for anyone who loves the outdoors or dreams of living near the water. This fenced-in corner lot features a home with great bones and tons of potential. Major updates have already been taken care of, including a 16-year-old metal roof, copper wiring, updated HVAC-estimated 2020 and a premium EcoSmart tankless water heater. The home is connected to city water and sewer. Outside, enjoy the practical and hobby-friendly spaces — a 10x10 storage shed, a 10x20 workshop with electric and water, including washer and dryer for added convenience. A 25x25 metal carport with a concrete foundation. The yard also features a mature pecan tree along the fence that flourishes with pecans each harvest season, adding a touch of Southern charm. With its corner lot visibility and proximity to the boat launch, there’s even potential for a small tackle shop or local hobby business (subject to city zoning approval). 'AS IS' BUT here’s a bonus for buyers — a renovation loan is available through a local lender, allowing the new owner to complete the renovations themselves and hire subcontractors directly, without the requirement of a general contractor. This flexible loan option gives buyers more control and can make transforming this home even more affordable and achievable. Whether you’re an investor, a first-time buyer, or a hands-on homeowner looking to bring new life to a historic property, this home offers a rare mix of character, location, and opportunity. Buyer and buyer’s agent to perform due diligence and verify all details of importance. Measurements taken from county records.
Home Details
Home Type
- Single Family
Year Built
- Built in 1955
Lot Details
- 7,841 Sq Ft Lot
- Back Yard Fenced
- Chain Link Fence
- Corner Lot
Home Design
- Cottage
- Hip Roof Shape
- Gable Roof Shape
- Off Grade Structure
- Frame Construction
- Composition Roof
Interior Spaces
- 1,089 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Combination Dining and Living Room
- Carpet
- ENERGY STAR Qualified Appliances
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- ENERGY STAR Qualified Dryer
- ENERGY STAR Qualified Washer
Parking
- 2 Parking Spaces
- 2 Carport Spaces
- Side or Rear Entrance to Parking
Eco-Friendly Details
- Energy-Efficient Lighting
- ENERGY STAR Qualified Equipment
Location
- The property is located in a historic district
Schools
- Bagdad Elementary School
- R. Hobbs Middle School
- Milton High School
Utilities
- ENERGY STAR Qualified Air Conditioning
- Central Heating and Cooling System
- Tankless Water Heater
Community Details
- No Home Owners Association
- Association fees include electricity, water/sewer
- Bagdad Subdivision
Listing and Financial Details
- Assessor Parcel Number 151N280120012000021
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 |
|---|---|---|---|---|
| 2025 | $995 | $83,742 | $18,700 | $65,042 |
| 2024 | $939 | $77,810 | $18,700 | $59,110 |
| 2023 | $939 | $71,649 | $13,090 | $58,559 |
| 2022 | $277 | $39,330 | $0 | $0 |
| 2021 | $257 | $37,214 | $0 | $0 |
| 2020 | $245 | $36,700 | $0 | $0 |
| 2019 | $236 | $35,875 | $0 | $0 |
| 2018 | $230 | $35,206 | $0 | $0 |
| 2017 | $206 | $34,482 | $0 | $0 |
| 2016 | $199 | $33,773 | $0 | $0 |
| 2015 | $199 | $33,538 | $0 | $0 |
| 2014 | $197 | $33,272 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/04/2025 11/04/25 | For Sale | $129,900 | -- | $119 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available |
Source: Pensacola Association of REALTORS®
MLS Number: 673310
APN: 15-1N-28-0120-01200-0021
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