Pensacola FL Multi Family for Sale

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Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1908
Baths:
MLS#:
652095
Subdivision:
New City Tract

ADDITIONAL INFORMATION

Great property with great rental income located in the East Hill neighborhood on Cervantes St, between 13th Ave and 14th Ave. Currently, the property consists of 3 separate units and is zoned R2. It is conveniently located one block away from Publix and has 74 feet of street frontage on Cervantes St. The property offers ample off-street parking and has over 2500 sqft of space with newer upgrades. East Hill offers easy access to the beautiful Gulf Coast beaches, where you can enjoy activities such as sunbathing, swimming in the crystal-clear waters, and leisurely walks along the shore. The community also provides a variety of amenities, including parks, schools, and shopping centers. This property presents an incredible opportunity to own a desirable office space in Pensacola.

Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1908
Baths:
MLS#:
645249
Subdivision:
Belmont Tract

ADDITIONAL INFORMATION

Nestled within the charming North Hill Historic District of Downtown Pensacola stands a distinguished residence with a rich history and promising future. Originally crafted by the esteemed "Moreno" family construction company for one of their beloved daughters, this stately home bears witness to generations of Pensacola's architectural heritage. Imbued with a timeless allure, the property seamlessly blends historical significance with contemporary versatility. Its current zoning permits selective commercial office use, offering an enticing opportunity for business endeavors within a coveted locale. Undergoing a thoughtful transformation, the residence is undergoing a new roof installation, a testament to the seller's dedication to preserving its structural integrity. Presently divided into three distinct units, each exudes a blend of character and modern comfort. Recent upgrades attest to meticulous maintenance, ensuring a turnkey investment for discerning buyers. Beyond its financial allure, this property transcends mere real estate—it offers a tangible connection to Pensacola's storied past. Enveloped by the North Hill Historic District, residents are immersed in the vibrant tapestry of the city's heritage, where cobblestone streets whisper tales of yesteryears, and architectural treasures stand as guardians of time. Don't miss this unparalleled opportunity to not only acquire a lucrative investment property but also claim a cherished piece of Pensacola's illustrious history. Whether as a discerning investor or a passionate steward of heritage, 615 N Spring St beckons with endless possibilities and enduring allure. All units individually metered for electric - Tenant pays electric only - PLEASE DO NOT DISTURB EXISTING TENANTS

Type:
Apartment
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1918
Baths:
MLS#:
644858
Subdivision:
New City Tract

ADDITIONAL INFORMATION

Own a piece of history with this charming 1918 Original East Hill Cottage turned into 5 Units. Currently Zoned R2 which would allow for up to 8 units if redeveloped per City of Pensacola code. Currently with reliable tenants, this property offers both character and convenience. This parcel is situated mere steps away from the newly established East Hill Publix, The Burrow, Ozone, and City Parks, residents enjoy unparalleled access to the vibrant pulse of East Hill living. Recent upgrades enhance the property's appeal, including a brand-new roof installed in 2021, fresh exterior paint in 2022, and newer hot water heaters and appliances. Meticulously maintained, this 5 Plex - Current Laid out as - (1) studio, (3) 1/1, (1) 2/2 - presents a lucrative investment opportunity for discerning buyers looking to capitalize on the flourishing East Hill market. PLEASE DO NOT DISTURB EXISTING TENANTS

Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Baths:
MLS#:
643152
Subdivision:
Belmont Tract

ADDITIONAL INFORMATION

Updated triplex in Historic North Hill area on the corner of N Palafox and W De Soto! This complex is close enough to enjoy shopping, dining, and entertainment in downtown Pensacola. Each unit is finished with modern appliances, luxury vinyl plank flooring throughout, and white quartz countertops. Property makes for a Great Buy and hold investment bring in a steady income, or for any Savy buyers looking to live in one unit and have renters help with the mortgage. Main building is a duplex with two 3 bed/2 bath units at 1452 sqft each and the third unit is a detached converted 1 bed/1bath unit at approx. 600 sqft.

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1885
Baths:
MLS#:
640546

ADDITIONAL INFORMATION

One of the most historic buildings in downtown Pensacola is now available. Located in the heart of the Old East Hill Neighborhood and once the home home of Mrs. King, of the family which East and West King Tracts are named after. The property is walking distance to all the amenities of the city center. The building is divided into four beautiful apartments all with unique features. Tongue and groove ceilings, original wood floors, exposed brick, fireplaces and beautiful custom mill work dress the spaces with style and grace. Each unit has a private entry with decks and porches for lounging. Units also have washers and dryers. The property is being offered fully furnished, turn key and income producing. Currently the building is grossing $96K per year on short term to mid term rentals. In addition the building has new plumbing and 3 new HVAC units. Located in Downtown Pensacola just a hop, skip and a jump from the thriving city center. Restaurants, entertainment venues, festivals, and festivals are at your disposal. This is the epicenter of the city! This well maintained income producing building will not last long, call today!

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Andrea Conner, License #BK3437731, Xome Inc., License #1043756, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75019


Copyright © 2024 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, re transmitted, copied, framed, re purposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.



Pensacola Real Estate

The median home value in Pensacola, FL is $240,000. This is lower than the county median home value of $246,900. The national median home value is $338,100. The average price of homes sold in Pensacola, FL is $240,000. Approximately 55.01% of Pensacola homes are owned, compared to 34.57% rented, while 10.42% are vacant. Pensacola real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Pensacola real estate agent to arrange a tour today!

Pensacola, Florida 32501 has a population of 53,845. Pensacola 32501 is more family-centric than the surrounding county with 26.32% of the households containing married families with children. The county average for households married with children is 22.79%.

The median household income in Pensacola, Florida 32501 is $59,119. The median household income for the surrounding county is $56,605 compared to the national median of $69,021. The median age of people living in Pensacola 32501 is 38.4 years.

Pensacola Weather

The average high temperature in July is 89.8 degrees, with an average low temperature in January of 41.7 degrees. The average rainfall is approximately 64.4 inches per year, with 0 inches of snow per year.

Pensacola Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    127
    30-day change

Pensacola Schools and Demographics

Education near Pensacola, FL

Metric City County
High School Graduates 92.84 90.6
College Degree - 2 year 12.1 11.86
College Degree - 4 year 40.07 27.39
Graduate Degree 10.43 7.16
Expenditures per Student 10,709 10,709
Students per Teacher 15.3 15.3

Elementary Schools near Pensacola, FL

School Grades Students P/T Ratio ZIP
A. K. Suter Elementary School PK - 05 438 13.7 32503
Beulah Elementary School KG - 05 976 15.3 32526
Blue Angels Elementary School PK - 05 927 15.7 32506
Brentwood Elementary School PK - 05 579 12.3 32505
Brown Barge Middle School 03 - 08 545 16 32503
C. A. Weis Elementary School PK - 05 570 13.9 32505
Cordova Park Elementary School KG - 05 687 14.9 32503
Escambia Virtual Instruction Program KG - 08 64 32503
Global Learning Academy PK - 05 782 16 32505
Hellen CARO Elementary School PK - 05 949 14.4 32506
Longleaf Elementary School PK - 05 801 14.3 32526
McMillian Learning Center PK - PK 124 32501
Montclair Elementary School PK - 05 325 11.6 32505
N. B. Cook Elementary School PK - 05 585 13.9 32503
O. J. Semmes Elementary School PK - 05 448 13.6 32503
Oakcrest Elementary School PK - 05 712 14.5 32505
Pine Meadow Elementary School KG - 05 909 14.7 32534
R. C. Lipscomb Elementary School KG - 05 922 14.2 32534
Reinhardt HOLM Elementary School PK - 05 460 11.5 32504
Scenic Heights Elementary School KG - 05 757 13.1 32504

Middle Schools near Pensacola, FL

School Grades Students P/T Ratio ZIP
A.A. Dixon Charter School of Excellence KG - 06 166 15.1 32501
Bellview Middle School 06 - 08 1,039 16.2 32526
Beulah Academy of Science 06 - 08 287 15.9 32526
Ernest Ward Middle School 06 - 08 458 16.4 32568
Ferry Pass Middle School 06 - 08 998 16.4 32514
J. H. Workman Middle School 06 - 08 946 15 32504
Jim C. Bailey Middle School 06 - 08 1,393 16.6 32506
Newpoint Academy 06 - 08 182 15.2 32534
Ransom Middle School 06 - 08 1,394 17 32533
Warrington Middle School 06 - 08 681 18.4 32507
Woodham Middle School 06 - 08 682 14.8 32503

High Schools near Pensacola, FL

School Grades Students P/T Ratio ZIP
Escambia High School 09 - 12 1,759 18.9 32506
Escambia Virtual Instruction (Course Offerings) 09 - 12 0 32503
J. M. TATE Senior High School 09 - 12 2,120 19.3 32533
Newpoint Pensacola 09 - 12 114 38 32534
Northview High School 09 - 12 497 15.1 32535
Pensacola High School 09 - 12 1,442 17.2 32501
Pine Forest High School 09 - 12 1,711 18 32526
Washington Senior High School 09 - 12 1,741 18.7 32504
West Florida High School/Technical 09 - 12 1,292 19.6 32526

Ungraded Schools near Pensacola, FL

School Grades Students P/T Ratio ZIP
* County Administrative Annex 09 - 12 113 1.2 32503
* Escambia Charter School 09 - 12 110 18.3 32560
* Judy Andrews Second Chance Center 09 - 12 56 11.2 32507
Camelot Academy of Escambia County 06 - 12 186 11.6 32507
Escambia Boys' Base 06 - 12 18 32511
Escambia Virtual Academy Franchise 05 - 12 196 206 32503
Escambia Virtual Instructional Program (District Provided) KG - 12 1 32503
Escambia Westgate Center PK - 12 232 5.8 32534
George Stone Area VOC-Tech Center AE - AE 0 32526
Lakeview Dropout Prevention 06 - 12 14 14 32501
Lakeview Special Education KG - 12 20 2.9 32501
Pace Program 06 - 12 51 6.4 32503

Demographics near Pensacola, FL 32501

Metric Zip Code City
Neighborhood Type Suburban
Population 53,845 318,828
Population Density 2,379 485
Median Age 38.4 37.5
People per Household 2.2 2.4
Median Household Income 59,119 56,605
Average Income per Capita 38,656 31,085