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5468 Merlin Way, Milton, FL 32583, USA|Pace
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Amenities for 5468 Merlin Way, Pace
Features
| Walk-in Closet |
Appliances
| Dishwasher | In-Unit Laundry |
Grounds
| Garage Parking | Outdoor Space |
Other
| Exterior Type: Brick Veneer |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 5468 Merlin Way
Property Status: Active Don't miss out on this beautiful home in the Cambria subdivision. Available for move in on 5 June 2026. It is within walking distance to Bennett Russell Elementary and Avalon Middle School. Conveniently located 3 miles from I10, making any commute a breeze. It is also less than 5 miles to all shopping/amenities Pace and Milton have to offer. Downtown Pensacola, NAS Pensacola, Whiting Field, Pensacola Beach, UWF, PSC, Airports, and more are all within a 30 minute drive. It is zoned in an A-rated school district. The home is also located on a quiet cul de sac street. Features include a kitchen dining combo with a nice open floor plan with Master suite split from the other three bedrooms. Master suite includes a large walk-in closet, double vanity, and a walk in shower. The kitchen is loaded with granite countertops, stainless steel appliances, and large pantry. This home is equipped with smart home technology features to include smart light switches, keyless front entry, and more. The backyard is fully fenced. The large two car garage is perfect for your parking needs. All kitchen appliances, washer, and dryer are included. This is the home you have been looking for. Schedule your tour today!! Office Phone: (504) 810-3927 Copyright © 2026 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 5468 Merlin Way compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.2 mile away
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 5 miles away
- Greater distance from high schools
- The nearest high school is farther than 5 miles away
Address details
| Neighborhood | Pace |
|---|---|
| Zip code | 32583 |
| Type | House for rent |
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Rent trends in Pace
4-bedroom apartments at 5468 Merlin Way cost about 7% more than the average rent price for 4-bedroom apartments in Wallace.
Median rents as of Apr 4 2026.
Pace
Wallace
| Month | Median Rent |
|---|---|
| April 2024 | $2,110 |
| May 2024 | $2,150 |
| June 2024 | $2,200 |
| July 2024 | $2,212 |
| August 2024 | $2,126 |
| September 2024 | $1,998 |
| October 2024 | $2,057 |
| November 2024 | $2,067 |
| December 2024 | $2,052 |
| January 2025 | $2,053 |
| February 2025 | $2,050 |
| March 2025 | $2,097 |
| April 2025 | $2,125 |
| May 2025 | $2,190 |
| June 2025 | $2,162 |
| July 2025 | $2,115 |
| August 2025 | $2,114 |
| September 2025 | $2,093 |
| October 2025 | $2,064 |
| November 2025 | $2,036 |
| December 2025 | $1,995 |
| January 2026 | $1,971 |
| February 2026 | $2,020 |
| March 2026 | $2,056 |
| April 2026 | $2,050 |
| Month | Median Rent |
|---|---|
| April 2024 | $2,110 |
| May 2024 | $2,150 |
| June 2024 | $2,200 |
| July 2024 | $2,212 |
| August 2024 | $2,126 |
| September 2024 | $1,998 |
| October 2024 | $2,057 |
| November 2024 | $2,067 |
| December 2024 | $2,052 |
| January 2025 | $2,053 |
| February 2025 | $2,050 |
| March 2025 | $2,097 |
| April 2025 | $2,125 |
| May 2025 | $2,190 |
| June 2025 | $2,162 |
| July 2025 | $2,115 |
| August 2025 | $2,114 |
| September 2025 | $2,093 |
| October 2025 | $2,064 |
| November 2025 | $2,036 |
| December 2025 | $1,995 |
| January 2026 | $1,971 |
| February 2026 | $2,020 |
| March 2026 | $2,056 |
| April 2026 | $2,050 |
Affordability calculator
Can I afford to live at 5468 Merlin Way?
Bedrooms
4+ bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$88,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $88,000 annually to afford this 4-bedrooms monthly rent price of $2,200.
For more information on rent affordability, visit our rent calculator.
Schools near 5468 Merlin Way
Bennett C. Russell Elementary School
3740 excalibur way
milton, FL, 32583
PK, K-5Public
B
T.R. Jackson Pre-K Center
4950 susan st
milton, FL, 32570
PKPublic
Santa Rosa Online
5330 berryhill rd
milton, FL, 32570
K-12Public
B+
Santa Rosa Virtual Franchise
5330 berryhill rd
milton, FL, 32570
K-12Public
Santa Rosa Virtual Instruction Course Offerings
5330 berryhill rd
milton, FL, 32570
K-12Public
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Internet available near 5468 Merlin Way
Neighborhood
Pace | Wallace, FL
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Milton near 5468 Merlin Way
Walking
1/10
You’ll need another mode of transportation for getting around. Scooter, anyone?
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Points of interest for 5468 Merlin Way, Milton
Groceries
0/10
Closest supermarket further than a 30-minute walk
Shopping
2/10
Some shops within walking distance
Cafes
0/10
Few or no cafés within walking distance
Restaurants
2/10
Some restaurants within walking distance
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 5-minute walk
Nightlife
0/10
Few or no bars within walking distance
Explore the area around 5468 Merlin Way
Walmart Supercenter
4965 Highway 90
Publix
4739 Highway 90
ALDI
4770 Highway 90
ALDI
4770 US-90 W
Winn-Dixie
4224 Highway 90
Little Angel Boutique
4601 W Bushnell Rd
Walmart Supercenter
4965 Highway 90
DICK'S Sporting Goods
4881 Highway 90
maurices
4733 Highway 90
T.J. Maxx
4731 Highway 90
7 Brew Coffee
4874 Highway 90
Starbucks
4727 Highway 90
Starbucks
4830 Highway 90
Dunkin'
4804 US 90
Scooter's Coffee
4240 Highway 90
Oval Office
2790 Avalon Blvd
Chili's
4701 Highway 90
Spot Tavern
5271 Stewart St
Mugs & Jugs
12080 Scenic Hwy
Simply Seafood & Oyster Bar
2784 Avalon Blvd
Alternative Health Food Store
5533 Highway 90
Walmart Bakery
4965 Highway 90
Max Fit Sport Nutrition
5082 Highway 90
Wellness Center
4958 Highway 90
Doris Heart & Soul Food
4241 Avalon Blvd
Family Ty's Good Eats LLC
4241 Avalon Blvd
Gud Vybz Jamaican Grill LLC
4352 Avalon Blvd
Dog House Deli
4821 Tanbriar Way
Restaurant Avalon
2807 Avalon Blvd
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