Pensacola FL Multi Family for Sale
$700,000
N Donelson St Pensacola, FL 32502
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Year built:
- 1920
- Baths:
- 4.00
- MLS#:
- 657520
ADDITIONAL INFORMATION
VA ASSUMPTION ELIGIBLE: 2.75% RATE * This fully furnished 4-unit Downtown investment property is perfect for house hacking FHA or VA * All 4 units are currently short term rentals (listed on just AirBnB currently) grossing an impressive 4-year average of $97,249 annual rental revenue * Property appraised at $745,000 early 2024 * For the aspiring investor, this is a perfect opportunity to cash flow your housing by living in one unit while renting the others. Either continue renting the other 3 units short term, or place a long term tenant in one (or all) of the units for additional stability. The options are many, and you can’t find a better location for the price * The property is comprised of the following structures: 1) The main house with 3 bedrooms and 1 bathroom 2) A studio apartment boasting a large great room, sky-high ceilings, and a spiral staircase to the loft 3-4) The “carriage house” is an upstairs/downstairs duplex, each 1 bedroom and 1 bath 5) Garage/storage area with 300sqft for overflow * Located just one block north of Garden St, it’s a short walk to Palafox St, the Blue Wahoos Stadium, Bruce Beach, Pensacola Bay Center, and ALL the amenities of Downtown Pensacola! You can't find a property on the market with better potential *** Buyer and Buyer’s Agent to verify all features, dimensions, measurements, etc that may be important to you.
$995,000
N Spring St Pensacola, FL 32502
- Type:
- Apartment
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1880
- Baths:
- MLS#:
- 653539
ADDITIONAL INFORMATION
Step into a piece of history with the Gonzalez House, a beautifully preserved property built in 1880, now tastefully converted into five fully furnished apartments. This unique investment opportunity is perfect for those looking to maximize their return as an Airbnb host or homeowners seeking to live in one unit while renting out the others. Four of the units feature spacious living room areas, updated kitchens, one comfortable bedroom, and a full bath, providing modern conveniences while retaining historic charm. The fifth unit is designed as a cozy studio, ideal for singles or couples. Residents will enjoy the convenience of two separate laundry spaces shared between the units. The property boasts a fenced-in backyard, perfect for outdoor relaxation or gatherings, along with two designated parking spaces and ample street parking for guests. Located in the heart of historic downtown Pensacola, the Gonzalez House is just steps away from all the vibrant attractions the area has to offer. Catch a Blue Wahoos game, enjoy live performances at the Saenger Theater, explore the Palafox Market, or indulge in the diverse dining scene—all within a short stroll. Plus, the beautiful Pensacola Beach is only a quick drive away. Don’t miss out on this rare opportunity to own a piece of Pensacola’s history while generating income. Schedule a showing today and discover the endless possibilities the Gonzalez House has to offer!
$835,000
W Garden St Pensacola, FL 32502
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1943
- Baths:
- MLS#:
- 652556
- Subdivision:
- Maxent Tract
ADDITIONAL INFORMATION
4 Pieces of Property. 1 house is a 3/2, the other house is a 2/2. Each unit in both of the duplex buildings is a 2/2.
$1,690,000
W Garden St Pensacola, FL 32502
- Type:
- Apartment
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1908
- Baths:
- MLS#:
- 650667
- Subdivision:
- Maxent Tract
ADDITIONAL INFORMATION
Price Drop of $200K. Looking for a great and unique investment opportunity? Look no further! This incredible historic home in downtown has been lovingly renovated into nine private apartments surrounded by gardens and patios and within walking distance of Palafox Street. This home is a perfect blend of classic charm with modern amenities. Apartments feature wood floors, tiled baths, stained glass, transom lights, some with gas/electric fireplaces, and beautiful woodworking including board and beam ceilings in some of the units. Units vary in size from studio apartments (3), one bedroom suites (5) and one very beautiful and spacious three bedroom two bath apartment. Eight of the nine apartments fully restored and functioning as very successful short term rentals. The projected 20% ROI based on 2023 numbers makes it even more attractive. Plus, the artisan brickwork and surrounding gardens add significant curb appeal, enhancing its overall value.
$1,800,000
S I St Pensacola, FL 32502
ADDITIONAL INFORMATION
Just hitting the market, property for sale at 706 South I Street, Pensacola, FL, USA. Currently 2 deeded lots with multiple houses on both lots, both properties can be spilt into 4 deeded lots. This property is located in the historic Sanders Beach neighborhood and 2 blocks from Sanders Beach community center and the water. Corner lot location!
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Pensacola Real Estate
The median home value in Pensacola, FL is $335,000. This is higher 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 $335,000. 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 32502 has a population of 53,845. Pensacola 32502 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 32502 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 32502 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.