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Myrtle Grove Multifamily Homes & Duplexes for Sale

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    $1,050,000

    • 12 Beds
    • 7 Baths
    • 5,926 Sq Ft

    2001 N 61st Ave, Pensacola, FL 32506

    This fully operational 6-unit property offers a rare turnkey investment opportunity with excellent cash flow and consistent bookings through a well-established short-term rental program. Situated on a large parcel of land, each unit provides privacy and comfort, performing exceptionally well as individual rentals. The property includes a Single Family Unit F (1,590 sf, 3/2) Single Family Unit E

    Cinnamon Reed KELLER WILLIAMS REALTY GULF COAST

    2001 N 61st Ave, Pensacola, FL 32506
  • /15

    $1,650,000

    • 12 Baths
    • 9,200 Sq Ft

    668 N 72nd Ave, Pensacola, FL 32506

    MORE PICTURES COMING SOON!! 3 Quadraplex Units (12 total units) with income in the range of $180,000 annually w/ potential for more * Most units have been updated with some having major updates or modifications to make them more desirable and modern, not to mention many new features like roofs, a/c units, etc. * We have a pdf attached to this listing that details the rent being collected on each

    Michelle Downey MARK DOWNEY & ASSOCIATES, INC.

    668 N 72nd Ave, Pensacola, FL 32506
  • /15

    $270,000

    • 1,804 Sq Ft

    412 N 64th Ave Unit A & B, Pensacola, FL 32506

    Great investment opportunity! Well maintained duplex that offers 2 bedrooms and 1 bath on each side. Open concept kitchen, living and dining with a laundry room that leads to the spacious fenced in backyard. NEW ROOF replaced in 2022! Both sides are currently occupied with long term tenants. Don’t miss out on this wonderful property in the heart of Pensacola!

    Katie Duncan Wellhouse Real Estate

    412 N 64th Ave Unit A & B, Pensacola, FL 32506
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    $450,000

    • 3 Baths
    • 1,100 Sq Ft

    607, 609, 611 N 63rd Ave, Pensacola, FL 32506

    Great investment opportunity. Three tenant occupied townhomes, two with long term (15 years+) tenants. Tenants have expressed a desire to remain. All are HUD Section 8, guaranteeing reliable income. Each unit consists of 2 bedroom, three bath and 1100 square feet. New A/C for 611 in June 2023. Seller to install new roof with acceptable offer.

    JOHN WAAS John Waas Realty LLC

    607, 609, 611 N 63rd Ave, Pensacola, FL 32506

Why Live in Myrtle Grove

Myrtle Grove, a quiet suburb in Bellview, is located about 10 miles west of Pensacola Beach and 10 miles north of the Gulf-side Naval Air Station. This neighborhood is home to many service members, fostering a sense of camaraderie among residents. Myrtle Grove features a mix of suburban-style homes, including sprawling ranch-style houses, traditional concrete block homes, and split levels, with both older and new constructions available. Residents enjoy well-maintained lawns and tree-lined backyards. The area is known for its affordability compared to the rest of Pensacola. Myrtle Grove offers various things to do, from visiting neighborhood playgrounds and corner markets to exploring the hidden beach at nearby Fort Pickens. The neighborhood is bordered by Pensacola’s Naval Hospital and US Highway 98, providing convenient access to Pensacola International Airport and the Naval Air Station. Local amenities include chain stores like Walmart and ALDI, specialty shops such as Costellos Butcher and Deli, and dining options like Cazadores. For recreation, residents can visit Osceola Park, Gene Pickerill Park, and the Osceola Municipal Golf Course. Military families can enjoy activities at Corry Station, including a bowling alley and athletic leagues.

Home Trends in Myrtle Grove, FL

Housing Trends

Median Sale Price
$399,990
Median Single Family Sale Price
$380,945
Median Townhouse Sale Price
$350,000
Median 2 Bedroom Sale Price
$144,001
Average Price Per Sq Ft
$249
Number of Homes for Sale
7
Last 12 months Home Sales
25
Months of Supply
3.40
Median List Price
$369,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
7%
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