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$2,999,999

3 Baths

649118 MLS

***INVESTOR ALERT***Now on the market is one of the most unique waterfront properties in Navarre. Over 2 acres on the sound with 229 feet of sandy beach, high and dry flat level lot, vast majority of the property is in flood zone X. This investment property has a 1701 square foot main home on the water with SIX additional 2 bedroom/1 bath 738 sqft renovated fully furnished cottages that provide instant income. You will not find many properties like this on the Florida Panhandle. The wonderfully remodeled concrete block cottages at this gated property are currently rented through AirBnB. The property also features plenty of room for parking RVs, beautiful live oaks, breathtaking water views, and so much more. This property has gone through an extensive remodel and overhaul. Some of the improvements include: Brand new lift station serving the 6 cottages, full new plumbing work and fixtures, walk in showers added, new sewer line into the cottages, all new wiring including panels and meters, roofs and trusses replaced, HVAC systems, impact windows, luxury vinyl floors, quartz countertops, appliances, the list goes on and on. Last year rental income was $145k with four of the cottages renovated, now all six of the are completed and now being rented. Currently the owner does not do same day turnovers and does not rent during the winter months so more rental income could be generated. The main home could also be rented out, lived in, or provide housing for an onsite manager. Properties like this simply do not come around very often!

9661 Navarre Pkwy, Navarre

$1,990,000

650667 MLS

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.

705 Garden St, Pensacola

$1,900,000

7 Beds

9 Baths

643266 MLS

**Seller willing to split and sell units separately.** Boasting this one-of-a-kind HISTORIC premier and unique piece of WATERFRONT property situated on Bayou Chico. These townhomes could offer many possibilities... GREAT for an INVESTOR, or live in one and AIRBNB the other 2 that come FURNISHED with their own BOATSLIPS!! These very unique homes offer a treasure trove of captivating tales and events that unfolded through the years! The building was originally built in1900 as the kiln building for the Weis-Fricker Mahogany Mill. THREE TOWNHOMES have been completely renovated and include there own BOAT SLIP/LIFT, but still encapsulate the essence and unique beauty and style of its original history. Owners lovingly decorated and agreed to sell two units furnished. You will be enchanted by the rich antiques from estates and plantations from Florida, Mississippi, Louisiana and Alabama. The superior level of upgrades is evident with 18 ft ceilings, beautiful wood flooring, soaring original thick exposed brick walls, solid cement roofs, solid finished mahogany wood island bar top and so much more! This exceptional property has its own private entrance, private parking, each townhome includes a designated boat slip, with one including a covered boat slip and lift, private well that supplies water for yard, dock has water and power, 1263 - a/c replaced in 2021, all windows replaced in 2016, new fabric shield hurricane window and door covers, new boat lift was installed in 2023, has a built-in 3 kayak boat rack, upper deck was built to hold a 2 person hot tub. All 3 units were repainted in 2023, all dock walkways and back deck walkway were replaced in 2020, all units have solid cement roofs and the property borders over 100 ft of waterfront! This estate is positioned to enjoy panoramic views, early morning sunrises over the Bayou and fish from your own private dock. See attached detailed property list from owner under documents. Explore the links to video tour all 3 units!

1259 Mahogany Mill Rd Unit #1259,1261,1263, Pensacola

$1,300,000

7 Beds

8 Baths

648152 MLS

Don's miss this rare jewel. The possibilities are endless. Live in part of building as your primary residence, live in entire building, lease out part, lease out all, second home, investment, etc. These opportunities do not come along often and certainly not in East Hill on one of the most desirable streets, Lakeview Avenue. Over 6200 livable square footage, basement, 6 car garage for both renters and owners, directly across from the park, mixture of period architecture and modern conveniences. Apartment A, downstairs, was converted to a generous 1600-square foot apartment with upscale kitchen, 1 full bedroom and 2 bath. 2 living rooms allow for a guest room conversion. Apartment B, downstairs, has 2 bedrooms, 2 baths, sunroom, nice size laundry room. Very cozy, very well appointed. Apartment C, upstairs, is a 2 bedroom, 2 bath, living, dining, sunroom, mudroom. Apartment D, upstairs, has 2 bedrooms, 2 baths, sunroom and a tenant who has grown with the building for decades. Elevator on east side makes connection between Apartments A and C possible. Many renovations done in recent years have updated an historic find.

1515 Lakeview Ave Unit #A,B,C,D, Pensacola

$1,300,000

6 Beds

5 Baths

641623 MLS

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.

1400 Jackson St, Pensacola

$1,100,000

16 Beds

8 Baths

649500 MLS

8 quality units in the heart of Pace and located just a half mile north of the popular and growing 5 points intersection where you'll find the new Starbucks and Publix! All units are 2 bedroom / 1 bath and have: central heat & air, open living room and kitchen layout with washer dryer connections in the unit and a private patio plus a dedicated storage room outside the unit. The current gross rent is $8600 per month but with the most recent vacant units renting for $1250 per month there is room to increase revenue. 4 Units have been totally remodeled and rent has been increased but the other 4 units offer opportunities to increase your return through value add improvements and higher rent. The property has been well kept and the current owners have made over $75k in capital improvements(Interior renovation, fences, paved parking area, new windows in 2 units) in the last few years. Each unit is separately metered and the tenants pay their own utilities. The owner pays the electric bill for the lift station and splits the bill for the dumpster with the neighboring property. Lodging Cir is a small private circle drive community made up of 4 quadplexes with trees surrounding the neighborhood and a large area of green grass in the center. The current offering of 3378 & 3386 Lodging Cir sit next door to each other. Both buildings received a new roof in 2021. This is the ideal rental, it makes good money today but still offers lots of upside for the new owner!

3378 Lodging Cir, Pace

$974,900

649647 MLS

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.

118 Wright St, Pensacola

$965,000

3 Baths

647154 MLS

Island Tower BLDG.

Two gulf front bedroom suites with access to huge the balcony (8 x 40). Living room features floor to ceiling windows overlooking the beach and 9 ft ceilings. Wonderful kitchen with granite counters, stainless appliances and large bar area. Parking is easy. Drive up to parking garage, covered parking available with access to 2 elevators or 1 flight of stairs. This is a unique building with only 3 condos per floor. Island Tower amenities include infinity edge outdoor pool and climate controlled indoor pool, fitness center overlooking the white sandy beach, and private grilling area. SUPER LOCATION with everything you need in walking distance, including the Hangout, City Park, Coffee Shops, etc. Great rental with approx. $40,000 for this year thru July 31, 2024. Building has received an exterior restoration including balconies,pools,and boardwalk. Buyer to verify all information during due diligence.

521 Beach Blvd Unit #502, Gulf Shores

$949,999

644013 MLS

***Great Turn Key Investment Opportunity!*** This listing is for 3 separate, but adjacent properties with single family homes that are being sold together. Each home has 3 bedrooms, 2 baths, a covered porch and a 2 car garage. Homes are currently rented out as Air B&Bs, so they are fully furnished with all appliances including the washer and dryer. Wood look plank tile flooring throughout. 3cm granite countertops, all wood cabinets with soft close feature, tray ceilings with crown moulding, 17" tall toilet seats, fully irrigated sod, irrigation well, decorative stained concrete patio extensions in the back yard which also has a privacy fence. These homes are built in 2022 by a local builder with reputation of quality craftsmanship. PARCEL ID's for each lot and the square footage of each home are: Lot 12 is 40-1N-28-0090-57600-0120 with a 1305 SqFt home; Lot 13 is 40-1N-28-0090-57600-0130 with a 1561 SqFt home; Lot 14 is 40-1N-28-0090-57600-0140 with a 1305 SqFt home. Please see photos of all 3 homes for more details.

2952 - 2960 17th Ave, Milton

$949,000

644858 MLS

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

1224 Strong St, Pensacola

$825,000

640546 MLS

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!

522 7th Ave, Pensacola

$775,000

5 Beds

3 Baths

650191 MLS

Discover an unparalleled opportunity to own a truly unique multi-family or multi-generational property in the heart of East Hill! Boasting over 4,100 square feet of living space across three separate dwellings, this exceptional home perfectly blends the charm of the old with the conveniences of the new. Each self-contained unit features its own kitchen, bedrooms, and living space, offering endless possibilities for rental income or a spacious homestead for extended family. Recent upgrades in 2022 include brand new electrical throughout, new HVAC systems, two new water heaters, a new roof, and partial plumbing replacements. With original refinished hardwood floors, granite countertops, and a mix of classic and modern bathrooms, this property is truly one-of-a-kind. Experience the versatility of living in part while renting out the other, with ample room for everyone in this expansive and enchanting East Hill gem, or add this very lucrative investment property boasting a 10% cap rate to your portfolio.

2661 10th Ave, Pensacola

$744,000

644420 MLS

Welcome to the epitome of opportunity in East Hill! Discover a rare gem in this vibrant neighborhood, featuring three distinct properties on a single expansive lot, offering unparalleled potential for savvy investors or those seeking multifamily living options. Situated in the desirable East Hill neighborhood, this property is surrounded by parks, shopping, and dining options, enhancing its appeal to potential tenants and short-term guests alike. Main House: The centerpiece of this property is a charming main house with two bedrooms and two baths, with the possibility to expand by converting the existing sunroom into a third bedroom. Duplex Units: Adjacent to the main house, you'll find a fully-furnished duplex, each unit boasting a generously sized bedroom and bathroom. These units have a proven track record as successful short-term Airbnb rentals, providing immediate and lucrative income potential. Investment Highlights - Turnkey Income: All three units are currently leased and ready to generate rental income from day one. Proven Success: These units have a history of high occupancy, and the duplex units have operated as successful short-term Airbnbs with positive reviews in the past. Expansion Potential: The main house offers the opportunity to increase its value by adding an extra bedroom. Multi-Property Package: Diversify your portfolio with three separate rental opportunities on one lot. High Demand Area: East Hill's vibrant community and amenities make it a sought-after location for both long-term tenants and short-term visitors. NEW roofs installed July 2024. Online estimates do not accurately reflect the duplex on the property. Don’t miss out on this exceptional opportunity to own a piece of East Hill's charm and maximize your investment potential!

1629 Lakeview Ave, Pensacola

$735,000

3 Baths

641064 MLS

Amazing opportunity to own a brand new space less than 5 minutes to the Downtown Pensacola core. Live on one side and lease the other! This property offers all the conveniences and luxuries you would expect in a new home. Each side offers the same amenities designed to offer maximum rental potential. Enter through the deep front porch to find 9 foot ceilings throughout the entire home, Wood look luxury vinyl plank floors in all the rooms (no carpet), lots of large windows gathering natural light, and a light and bright color pallet. The home offers 3 bedrooms each with an attached bath plus a home office! The Kitchen is decked out with 42 inch upper cabinets, a built-in refrigerator, 5 burner GAS range, all stainless steel GE appliances and Dolomite (stone) counter tops. In addition there is a large panty. The first floor is laid out with one bedroom, one full bath, plus living areas. The second floor arrangement includes 2 bedrooms, 2 full baths, laundry room and office. All the bedrooms include walk-in closets! The primary bedroom is offered with a cozy balcony, and gracious bathroom. The primary bath boasts a large double vanity with dressing area, custom walk-in shower with frameless glass door and separate water closet. The tankless gas water heater provides endless hot water while offering energy efficiency. The relaxing rear yard is fully fenced and has a spacious patio. The entire yard is irrigated to help keep your yard looking great year round! This new home is not to be missed, call today and be sure to ask about the Seller Incentives to buy down your interest rate.

1712 Dr Martin Luther King Jr Dr, Pensacola

$729,000

2 Baths

638212 MLS

Welcome to this exceptional investment opportunity. This 4-plex multi-family building boasts a new Hardie board exterior and impact windows in desired Gulf Breeze FL. Perfect for the savvy investor, each unit within this property comprises 2 bedrooms, 2 baths, and spans approximately 1,000 square feet. The well-designed layout allows for comfortable living and includes private patios, providing a serene outdoor space for residents to relax and unwind. This property benefits from its close proximity to desirable amenities, such as shopping centers, dining establishments, and recreational facilities. Additionally, the area offers easy access to pristine Gulf Coast beaches, allowing residents to indulge in a coastal lifestyle filled with sun, sand, and relaxation.

3371 Green Briar Cir, Gulf Breeze

$729,000

2 Baths

638174 MLS

Welcome to this exceptional investment opportunity. This 4-plex multi-family building boasts a new Hardie board exterior and impact windows in desired Gulf Breeze FL. Perfect for the savvy investor, each unit within this property comprises 2 bedrooms, 2 baths, and spans approximately 1,000 square feet. The well-designed layout allows for comfortable living and includes private patios, providing a serene outdoor space for residents to relax and unwind. This property benefits from its close proximity to desirable amenities, such as shopping centers, dining establishments, and recreational facilities. Additionally, the area offers easy access to pristine Gulf Coast beaches, allowing residents to indulge in a coastal lifestyle filled with sun, sand, and relaxation.

3369 Green Briar Cir, Gulf Breeze

$725,000

2 Beds

2 Baths

652212 MLS

Luxury Duplex Investment Near Pristine Beaches! Experience luxury living with this exquisite duplex. Boasting 2 bedrooms and 2 bathrooms in each unit, and 2 two car finished garages this property offers upscale accommodations designed to attract discerning tenants. Situated just moments away from some of Florida's most beautiful beaches, this duplex presents an exceptional opportunity for investors seeking to capitalize on the allure of coastal living. Whether it's relaxing in the sun, swimming in crystal-clear waters, or enjoying seaside activities, residents will relish the convenience of beach access just a stone's throw away. With meticulously crafted interiors and a well-appointed yard, this duplex exudes sophistication and elegance at every turn. From luxurious amenities to stylish finishes, each unit epitomizes the epitome of modern coastal living, making it an irresistible choice for tenants seeking a premium residential experience. Don't miss your chance to invest in luxury living near pristine beaches. Schedule a viewing today and unlock the potential of this exceptional duplex property!

14013 Innerarity Pt Rd, Pensacola

$695,000

644807 MLS

Experience the charm of history with this captivating Original East Hill transformed into a Quadplex, meticulously renovated in 1994 from the ground up. With an impressive healthy income yearly, this Quadplex boasts reliable tenants and blends timeless character with modern convenience. Unit (1) offers 2 bedrooms and 2 bathrooms, Unit (2) features 1 bedroom and 1 bathroom, Unit (3) provides 2 bedrooms and 1 bathroom. Catering to diverse living needs. Ideally located a few blocks away from the newly established East Hill Publix, The Burrow, Ozone, City Parks, and Downtown Pensacola, residents enjoy unparalleled access to the vibrant pulse of East Hill living. Recent upgrades, including a new roof in 2021, fresh paint in 2023, and updated hot water heaters and appliances, enhance the property's appeal. Meticulously maintained, this Quadplex presents a lucrative investment opportunity for savvy buyers seeking to capitalize on the thriving East Hill market. PLEASE DO NOT DISTURB EXISTING TENANTS

917 Lee St, Pensacola

$649,000

8 Baths

642781 MLS

This is a 4-Plex for sale located in the Foxborough Townhome complex that is located in the Fox Run S/D. There are 4 separate addresses registered with the US Post Office. 10117 Vixen Place, 10119 Vixen Place, 10121 Vixen Place, and 10123 Vixen Place. The 4 properties have the same square footage and floor plans. and the end units have a fireplace. 2 bedrooms and a continental bath upstairs and there are pull down stairs to the attic access. Downstairs you have the great room area with laundry, 1/2 bath and equipped kitchen. Foxborough is a great location. Quite and peaceful yet located near UWF, Medical facilities, Shopping and Interstate. All of the 4 properties are in great shape. The properties have many recent upgrades. New roof in 2021, all new HVAC systems and newer water heaters. One of only 3 building in the Foxborough complex with copper plumbing.

10117 Vixen Pl, Pensacola

$625,000

6 Baths

643645 MLS

PRICE REDUCED!! INVESTOR SPECIAL!! TWO TRIPLEXES - SIX 1BR/1BA UNITS!! This sale includes property addresses 481 & 485 N. Fairfield Dr (two parcels with one triplex on each parcel) formerly 597 N. Fairfield Dr. NEW ROOF 2020 on both triplexes. ALL UNITS CURRENTLY RENTED!!! TRIPLEX at 481 N. Fairfield Dr has units A, B & C: UNIT A was renovated 2023, HVAC - 2019, CURRENTLY RENTED for $1000; UNIT B is not renovated and is CURRENTLY RENTED for $700; UNIT C renovation was completed April 2024, and includes NEW Appliances and Water Heater, HVAC - 2019, and is CURRENTLY RENTED for $1100 as of May 1, 2024. TRIPLEX at 485 N. Fairfield Dr. has units D, E & F: UNIT D is not renovated and is CURRENTLY RENTED for $549 by long term tenant; UNIT E renovation was completed April 2024, and includes NEW Appliances and Water Heater, HVAC - 2019, and is CURRENTLY RENTED for $1100; UNIT F renovation was completed April 2024, and includes NEW Appliances and Water Heater, HVAC - 2019, and is CURRENTLY RENTED for $1100 Both Triplexes share a Water Meter and Lift Station-NEW in 2020. Owner pays for Water/Sewer, Garbage/dumpster and lawn maintenance. The pictures are of a renovated unit, the other renovated units are finished similarly. DON'T WAIT! SEE THIS OPPORTUNITY TODAY!

481 Fairfied Dr, Pensacola

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