NOT LISTED FOR SALE

1240 Lake Dr Unit 27 & 28 Cantonment, FL 32533

2 Beds
1 Bath
1,404 Sq Ft
1971 Built

Last Sold April 25, 2014

Last sale price $46,000 $33 Per Sq Ft

984 Days on Market

Highlights

  • Interior Lot
  • Patio
  • Vinyl Flooring
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of April 2014

Great investment property with good rental history. Each unit is 2-bedroom/1-bath with approx. 700 sqft. Living room with eat-in kitchen and open patio. [Unit #27 is currently rented at $325 per mth and has window a/c and central heating; Unit #28 is currently rented at $395 per mth and has central heat/air]. *** Owner is a licensed Real Estate Broker ***

Last Agent to Sell the Property

Eric Gleaton

ERIC GLEATON REALTY, INC Listed on: 07/18/2011

Last Buyer's Agent

Troy Alsaker

Gulf Real Estate Group, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Parking

  • Driveway

Home Design

  • Duplex
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,404 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Lipscomb Elementary School
  • Ransom Middle School
  • Tate High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace
  • Electric Water Heater

Additional Features

  • Patio
  • Interior Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 131N301001008001

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Stories: 1
  • Parcel Number: 131N301001008001
  • Property Type: Residential Income
  • Year Built: 1971
  • Electric: Circuit Breakers
  • Lease Term: 7 to 12 Months
  • Property Sub Type: Duplex
  • Horses: No
  • Subdivision Name: None
  • Directions: NORTH ON HWY. 29, RIGHT ON OLD CHEMSTRAND, LEFT ON LAKE DR.
  • Building Name: None
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Vinyl
  • Interior Amenities: Plant Ledges
  • Living Area: 1404

Exterior Features

  • Roof: Composition
  • Lot Features: Interior Lot
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Brick, Frame
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Central, Wall Furnace
  • Cooling: Central Air, Wall/Window Unit(s)
  • Sewer: Public Sewer
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Elementary School: Lipscomb
  • High School: Tate
  • Middle Or Junior School: Ransom

Lot Info

  • Zoning Description: County
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
04/25/2014 04/25/14 Sold $46,000 -29.1% $33 / Sq Ft
03/28/2014 03/28/14 Pending -- -- --
07/18/2011 07/18/11 For Sale $64,900 -- $46 / Sq Ft
Source: Pensacola Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Eric Gleaton

    Seller's Agent in 2014

    Eric Gleaton

    ERIC GLEATON REALTY, INC

    (850) 478-4607

    6 in this area

    93 Total Sales

    Eric Gleaton
    Section Image
  • Troy Alsaker

    Buyer's Agent in 2014

    Troy Alsaker

    Gulf Real Estate Group, LLC

    (850) 382-4681

    2 in this area

    75 Total Sales

    Troy Alsaker
    Section Image
See All Agents

Map

Source: Pensacola Association of REALTORS®

MLS Number: 411987

Pensacola Association of REALTORS®
Florida Escambia County Cantonment 32533

1240 Lake Dr Unit 27 & 28, Cantonment, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pensacola Association of REALTORS® Copyright© 2025 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information deemed reliable but not guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Nearby Homes