$292,000
UNDER CONTRACT

Estimated payment $1,829/month

-- Bed
-- Bath
1,530 Sq Ft
$191 Price per Sq Ft

Highlights

  • Interior Lot
  • Tile Flooring
  • Ceiling Fan
  • Pensacola High School Rated A-
  • Kitchen Island
  • Baseboard Heating

About This Home

Investment Triplex Opportunity – Navy Point All-new interiors and fully renovated in 2024, this 3-unit triplex is primed for instant cash flow. Property features three 1-bedroom / 1-bath units with open-concept kitchens and living spaces. 2024 upgrades throughout include: new windows, flooring, electrical, split-unit A/C, designer bathrooms, and doors. All three units are on annual leases at $1200 a month. Two of the three are on the City of Pensacola section 8 program. Location Highlights: Minutes to the Naval Base, beaches, shopping, dining, and more. This turnkey property offers investors a rare chance to step into a fully remodeled triplex with strong rental demand and prime location appeal.

Listing Agent

Pamela Smith LLC

REAL ESTATE COUNSELORS Listed on: 11/24/2025

REAL ESTATE COUNSELORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • Interior Lot

Home Design

  • Triplex
  • Slab Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,530 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Kitchen Island
  • Laminate Countertops

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Driveway

Schools

  • Navy Point Elementary School
  • Bailey Middle School
  • Pensacola High School

Utilities

  • Wall Furnace
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 3 Units
  • Navy Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 502S307000002003

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Stories: 1
  • Parcel Number: 502S307000002003
  • Property Type: Residential Income
  • Year Built: 1948
  • Electric: Copper Wiring
  • Property Sub Type: Triplex
  • Horses: No
  • Subdivision Name: Navy Point
  • Directions: Heading west on Barrancas Avenue, turn left on Navy Blvd, right on W. Sunset Drive - follow it as it turns right toward north, turn on McCarroll Road, right on Holmes Drive.
  • Building Name: None
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Special Features: UnderContract

Interior Features

  • Appliances: Electric Water Heater, Refrigerator
  • Flooring: Tile
  • Interior Amenities: Baseboards, Ceiling Fan(s)
  • Room Kitchen Features: Kitchen Island, Laminate Counters

Exterior Features

  • Roof: Shingle
  • Lot Features: Central Access, Interior Lot
  • Pool Features: None
  • Construction Type: Frame
  • Foundation Details: Slab
  • Patio And Porch Features: Covered
  • Property Condition: Resale

Garage/Parking

  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: 2 Car Carport, Driveway
  • Total Parking Spaces: 2

Utilities

  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Utilities: Cable Available

Schools

  • Elementary School: Navy Point
  • High School: Pensacola
  • Middle Or Junior School: BAILEY

Lot Info

  • Zoning Description: County

Multi Family

  • Number Of Units Total: 3
  • Property Net Operating Income: 31980
  • Annual Operating Expense: 11220

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2025 11/24/25 For Sale $292,000 -- $191 / Sq Ft
Source: Pensacola Association of REALTORS®

Source: Pensacola Association of REALTORS®

MLS Number: 674173

Pensacola Association of REALTORS®