Excellent investment opportunity in the heart of Gulf Breeze! Located in the desirable A+ school district, 1281 Redwood Ln. offers a rare chance to own a four-unit multifamily property in a high-demand area. Each of the four units features 2 bedrooms, 1 full bathroom, and either a private balcony or back porch with yard access—perfect for tenants seeking outdoor space and comfort. This well-positioned property is just minutes from top-rated schools, shopping, dining, a local fire station, and a public boat ramp—making it highly attractive to renters. Two units are rent-ready, while the other two offer renovation potential to increase value and rental income. Each unit has a laundry room with washer/dryer hook ups and additional storage. Being sold **AS IS**, this property is ideal for investors looking to add value and build equity in a sought-after Gulf Breeze location. Don’t miss out on this promising multifamily opportunity!
For sale
$499,900
1281 Redwood Ln, Gulf Breeze, FL 32563
8beds
3,432sqft
Est.:
Quadruplex
Built in 1982
-- sqft lot
$-- Zestimate®
$146/sqft
$-- HOA
What's special
Additional storage
- 2 days
- on Zillow |
- 592 |
- 57 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: July 31, 2025 at 11:52am
Listed by:
Christy Smith 850-572-8952,
Emerald Coast Realty Pros
Source: PAR,MLS#: 668608

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Multi Units, Central
Cooling
- Ceiling Fan(s), Multi Units, Central Air
Appliances
- Included: Electric Water Heater
- Laundry: W/D Hookups
Features
- Flooring: Hardwood, Carpet
- Has basement: No
Interior area
- Total structure area: 3,432
- Total interior livable area: 3,432 sqft
Property
Parking
- Parking features: Parking Lot
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered
- Exterior features: Balcony, Irrigation Well, Lawn Pump
- Pool features: None
- Waterfront features: None
Lot
- Features: Central Access
Details
- Parcel number: 322s284820003000600
- Zoning description: Res Multi
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Brick
- Foundation: Slab
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1982
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Picnic Area, Sidewalks
- Subdivision: Santa Rosa Shores
Location
- Region: Gulf Breeze
Financial & listing details
- Price per square foot: $146/sqft
- Tax assessed value: $366,497
- Annual tax amount: $4,365
- Price range: $499.9K - $499.9K
- Date on market: 7/31/2025
- Lease term: None
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