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Myrtle Grove, FL 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
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    $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
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    $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, Florida, is a quiet suburb located just outside Naval Air Station Pensacola, making it a convenient location for many service members. The community of 17,000 residents enjoys proximity to neighborhood playgrounds, corner markets, and local green spaces such as Big Lagoon State Park and Johnson Beach, which are less frequented by summer tourists. Myrtle Grove features budget-friendly homes, primarily dating back to the 1960s and 1970s, with newer constructions also available. Lawns are simple and well-maintained, often with tree-lined backyards. The area is served by Escambia County Public Schools, which have high ratings for diversity and college prep. Myrtle Grove is safer than the national average, with a crime risk assessment on par with the national score. Residents benefit from nearby amenities at Corry Station, including hospitals, retail stores, and recreational facilities like athletic fields and a bowling alley. The suburb is close to major thoroughfares such as Highway 98 and Interstate 10, facilitating easy travel. Pensacola International Airport is about 10 miles away, and downtown Pensacola's dining and retail options are just 6 miles from Myrtle Grove. The weather features short, mild winters and long, hot summers, with tropical weather risks during hurricane season.

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