Pensacola FL Multi Family for Sale
$565,000
W Blount St Pensacola, FL 32501
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1948
- Baths:
- MLS#:
- 652252
- Subdivision:
- North Hill Highlands
ADDITIONAL INFORMATION
Attention Investors! Don’t miss this incredible investment opportunity in the heart of Pensacola’s highly sought-after North Hill Subdivision. This unique quad plex property features 4 income-generating units in a prime location. Perfect for short-term rentals, this property has produced an impressive: ?? **$84,000 in 2024** and ?? **$85,000 in 2023** in gross rental income. Located in one of Pensacola’s most vibrant and historic neighborhoods, these units are just minutes from **downtown Pensacola**, offering easy access to top restaurants, shops, and entertainment. This prime location also provides quick access to the beautiful **Pensacola Beach** and **Naval Air Station**, making it a highly desirable spot for both short-term vacation renters and long-term tenants. ### **Property Breakdown**: - **1411 North D St**: - **1 Bedroom, 2 Bathrooms** - **880 Sq. Ft.** - **Upstairs Unit** with a charming **screened-in patio**, ideal for enjoying Pensacola’s year-round warm weather. Perfect for short-term guests seeking privacy and a cozy space. - **1407-A North D St**: - **1 Bedroom, 1 Bathroom** - **572 Sq. Ft.** - **Upstairs Unit**. Recently updated, this unit provides a modern, comfortable space perfect for couples or solo travelers. - **1407-B North D St**: - **2 Bedrooms, 1 Bathroom** - **Downstairs Unit**, offering easy access with no stairs, making it an attractive option for longer stays or guests with mobility concerns. - **711 Blount St**: - **2 Bedrooms, 1 Bathroom** - **1,171 Sq. Ft.** Key Features Full furnished units, ready to generate income immediately Strong rental history and fully functioning STR business Prime Pensacola location in the historic North Hill neighborhood Minutes from downtown attractions, shopping, and dining Recently renovated interiors with modern finishes and updates. This turn-key property offers endless potential for rental income. Short or long term!
$460,000
1306 Cervantes Pensacola, FL 32501
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1908
- Baths:
- MLS#:
- 652095
- Subdivision:
- New City Tract
ADDITIONAL INFORMATION
Here is your chance to owner a fully occupied office space with potential for up to 9 offices. The property has a great rental history and is 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.
$350,000
N B St Pensacola, FL 32501
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1985
- Baths:
- 1.00
- MLS#:
- 651839
- Subdivision:
- West King Tract
ADDITIONAL INFORMATION
Downtown living awaits! This turnkey duplex offering a great house hack- live in one side and rent the other to pay your mortgage! Each side provides 2 bedrooms and one bath and have been beautifully remodeled. Including sound reduction between the units and a privacy fence around the back of each unit. Just a short walk to Palafox St and all the happenings that downtown Pensacola has to offer including restaurants, shopping and so much more. Enjoy the weekend mornings at Palafox Market choosing local produce and local crafts. Don't miss this fantastic opportunity to own your home providing income or to start your real estate rental home portfolio!
$974,500
E Wright St Pensacola, FL 32501
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1890
- Baths:
- MLS#:
- 649647
- Subdivision:
- East King Tract
ADDITIONAL INFORMATION
Are you ready to own a piece of Pensacola history? Take a look at this breathtaking two story commercial building located in the heart of Downtown, just one block from Palafox St. Thought to have been built in 1940, it has been discovered that the building was actually constructed in 1890, making it the oldest remaining building on the block. Not just here-say, the owners were able to locate the original abstract of title, handwritten on parchment paper, which includes over 100 documents relating to the construction and sale of the property. Also found were: old photographs of the building, blueprints, and dozens of newspaper articles and ads documenting the buildings long and rich history as a saloon, grocery store, boarding house, pharmacy, jewelry shop, diner, and much more. Did we mention it is historically registered? The property is currently being utilized as a two unit AirBNB. However, being zoned Downtown Retail Commercial (C-2A), the possibilities for the use of the building are endless. Make it a business, single family home, or keep it multi-family. Inside, the building features fully exposed brick walls throughout. Unit A, located on the ground floor, offers a wide open space with 14 foot ceilings. Stunning kitchen with reverse osmosis water system and featuring a more than 100 year old butcher block counter, which was removed from a butchers shop and imported from Belgium. Bathroom features a remarkable copper clawfoot tub, and massive walk-in closet. Unit B, located upstairs, showcases original and beautifully distressed 1890’s hardwood floors. These floors can be seen in some of the old photos. Custom shutters on the windows, electronic blinds, and new kitchen. In the bathroom you will find an original advertisement billboard, which was uncovered behind old panel walls and found partially intact. Owners restored the missing portion of the advertisement. Walk-in shower, closet space, and washer/dryer hookup.
$569,000
N Spring St Pensacola, FL 32501
- 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
$949,000
E Strong St Pensacola, FL 32501
- 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
$949,000
W Desoto St Pensacola, FL 32501
- 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.
$1,300,000
E Jackson St Pensacola, FL 32501
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Year built:
- 1946
- Baths:
- 5.00
- MLS#:
- 641623
- Subdivision:
- New City Tract
ADDITIONAL INFORMATION
Nestled in the heart of East Hill, just off N 14th Ave, this property showcases two charming duplexes boasting original brickwork and hardwood floors, ideal for investors seeking prime real estate. With a total of four Luxury Executive Rental units, comprising a 2 bed/2 bath currently renting month to month for $3200/mth, a 2 bed/1 bath, and two 1 bed/1 bath units, versatility meets opportunity. Each unit is fully furnished with high-end furnishing, turnkey, and currently utilized as short-term rentals, presenting a lucrative potential gross income of $118k annually. Residents benefit from an outdoor entertaining space, community laundry room, and the convenience of all utilities covered by the owner. Strategically located in the vibrant East Hill neighborhood, mere miles from Downtown Pensacola, Publix, diverse dining options, craft breweries, the iconic Three Mile Bridge, and the sandy shores of Pensacola Beach, this property epitomizes convenience and accessibility. With its blend of historic charm and modern amenities, coupled with its income-producing potential, this fourplex is a standout investment opportunity in Pensacola's desirable East Hill district. Don't miss your chance to own a piece of this prime real estate market.
$825,000
N 7th Ave Pensacola, FL 32501
- 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!
$399,000
W Cervantes Pensacola, FL 32501
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1908
- Baths:
- MLS#:
- 639546
- Subdivision:
- Belmont Tract
ADDITIONAL INFORMATION
Let your imagination breathe new life into this historic Queen Anne building located steps from famous Palafox St. This 4,076 SF building, originally built in 1908, is adorned with architectural detail from days gone by. Last used as an office, the building has undergone a partial renovation to turn it into a B&B. Possibilities abound for the future use of this building. Complete the renovations and have a 4-unit B&B, return the building to use as an office or business, or convert the upstairs into an apartment for a live-work space. This property may qualify for Historic Preservation Tax Incentives. Come see this amazing opportunity for yourself. Photos reflect properties current condition. If you are looking for a flip; Comparable Properties that have been remodeled in this area are listed around $850,000-$900,000. If you are looking for a future rental; Rental Projection for a 4 unit is $50k-$60k annually.
Pensacola Real Estate
The median home value in Pensacola, FL is $138,200. This is lower than the county median home value of $145,600. The national median home value is $219,700. The average price of homes sold in Pensacola, FL is $138,200. Approximately 51.33% of Pensacola homes are owned, compared to 35.98% rented, while 12.7% 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 52,689. Pensacola 32501 is more family-centric than the surrounding county with 25.21% of the households containing married families with children. The county average for households married with children is 21.09%.
The median household income in Pensacola, Florida 32501 is $46,569. The median household income for the surrounding county is $47,361 compared to the national median of $57,652. The median age of people living in Pensacola 32501 is 38 years.
Pensacola Weather
The average high temperature in July is 89.9 degrees, with an average low temperature in January of 42.2 degrees. The average rainfall is approximately 66.3 inches per year, with 0 inches of snow per year.