NOT LISTED FOR SALE

1515 E Lakeview Ave Unit ABCD Pensacola, FL 32503

7 Beds
7.5 Baths
4,600 Sq Ft
1936 Built

Last Sold June 14, 2019

Last sale price $750,000 $163 Per Sq Ft

28 Days on Market

Highlights

  • Softwood Flooring
  • Sun or Florida Room
  • Granite Countertops
  • Pensacola High School Rated A-
  • High Ceiling
  • 3 Car Detached Garage

About This Home

As of June 2019

Investor opportunity!!! East Hill’s Iconic ART DECO Quadplex is up for sale! A perfect condo conversion with upside profit margin. This property has it all - location on Lakeview Ave., across from the park, unique beauty, 6 car detached garage, over 6200 sq. feet of living space, charming period features and comfortable floor plans. Built in 1936 by the Weis Family of Weis Fricker Mahogany for school teachers. One unit was added on to and totally redone. It was converted to a 1600 sq. ft one bedroom one and a half bath luxury home. The renovation on the other downstairs unit is almost complete with new kitchen cabinets and the red oak floors were just stripped and refinished. Many major renovations were done in 2008 and now in 2019. Roof has fifteen years life left, electrical has been redone over the years. This could be four exclusive condos with a view of the park and covered parking. Check out what you can buy for $300,000 in East Hill. You can’t find all this has to offer!! This must be a cash sale. Listing agent can direct you to attorney that did the last condo conversion in East Hill. It can also be bought as a 3100 sq. ft 3/3.5 residence and you rent the other two units as apartments or you convert them o condos, sell them and greatly reduce the cost of your 3100 sq. ft home. This is a cash sale unless buyer can arrange financing. Seller can provide Home inspection report.

Last Agent to Sell the Property

William Chavis

RE/MAX HORIZONS REALTY Listed on: 04/12/2019

RE/MAX HORIZONS REALTY

Last Buyer's Agent

William Chavis

RE/MAX HORIZONS REALTY Listed on: 04/12/2019

RE/MAX HORIZONS REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1936

Lot Details

  • Lot Dimensions: 120
  • Privacy Fence
  • Back Yard Fenced
  • Interior Lot

Parking

  • 3 Car Detached Garage
  • Side or Rear Entrance to Parking

Home Design

  • Quadruplex
  • Gable Roof Shape
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Rolled or Hot Mop Roof
  • Concrete Siding
  • Block Exterior
  • Steel Siding

Interior Spaces

  • 4,600 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sun or Florida Room
  • Inside Utility
  • Fire and Smoke Detector
  • Unfinished Basement

Kitchen

  • Oven
  • Dishwasher
  • Granite Countertops
  • Laminate Countertops

Flooring

  • Softwood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Rain Gutters
  • Porch

Schools

  • Oj Semmes Elementary School
  • Workman Middle School
  • Pensacola High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, internet, telephone, water/sewer
  • Assessor Parcel Number 000S009025006231

Community Details

Overview

  • 4 Units
  • New City Tract Subdivision

Recreation

  • Community Playground

Property Details

Home Type

Multi-Family

Year Built

Built in 1936

Lot Details

0

Parking

3

Listing Details

  • Stories: 2
  • Parcel Number: 000S009025006231
  • Property Type: Residential Income
  • Year Built: 1936
  • Electric: Circuit Breakers, Copper Wiring
  • Lease Term: Month To Month,None
  • Property Sub Type: Quadruplex
  • Horses: No
  • Lot Size: 120 x 132.5
  • Subdivision Name: New City Tract
  • Directions: 12th Ave to East on Lakeview Ave Building in the middle of the fifteen hundred block on the right across from the park
  • Building Name: None
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Efficiency: Heat Pump
  • Special Features: None

Interior Features

  • Appliances: Water Heater, Electric Water Heater, Dryer, Washer, Dishwasher, Refrigerator, Oven
  • Accessibility Features: Exterior Handicap Provision
  • Has Basement: Unfinished
  • Full Bathrooms: 7
  • Total Bedrooms: 7
  • Flooring: Hardwood, Wood, Vinyl, Carpet, Simulated Wood
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Elevator, High Ceilings, High Speed Internet, Walk-In Closet(s), Sun Room
  • Living Area: 4600
  • Window Features: Blinds, Drapes
  • Room Kitchen Features: Granite Counters, Laminate Counters, Pantry

Exterior Features

  • Roof: Shingle, Gable, Rolled/Hot Mop
  • Fencing: Back Yard, Partial, Privacy
  • Lot Features: Central Access, Interior Lot
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Block, Brick, Concrete, Frame, Steel
  • Exterior Features: Rain Gutters
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Porch

Garage/Parking

  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: 3 Car Garage, Detached, Oversized, Rear Entrance
  • Total Parking Spaces: 3

Utilities

  • Heating: Multi Units, Heat Pump, Central
  • Cooling: Ceiling Fan(s), Multi Units, Heat Pump, Central Air
  • Sewer: Public Sewer
  • Laundry Features: Inside, W/D Hookups
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Playground
  • Pets Allowed: Yes

Schools

  • Elementary School: Oj Semmes
  • High School: Pensacola
  • Middle Or Junior School: Workman

Lot Info

  • Zoning Description: City,Res Multi,Res Single
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Internet, Telephone, Water/Sewer

Multi Family

  • Number Of Units Total: 4
  • Vacancy Allowance Rate: 50

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
06/14/2019 06/14/19 Sold $750,000 -2.6% $163 / Sq Ft
04/30/2019 04/30/19 Price Changed $770,000 -7.8% $167 / Sq Ft
04/08/2019 04/08/19 For Sale $835,000 -- $182 / Sq Ft
Source: Pensacola Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • William Chavis

    Seller's Agent in 2019

    William Chavis

    RE/MAX

    (850) 501-0771

    42 in this area

    102 Total Sales

    William Chavis
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Map

Source: Pensacola Association of REALTORS®

MLS Number: 552211

Pensacola Association of REALTORS®
Florida Escambia County Pensacola 32503

1515 E Lakeview Ave Unit ABCD, Pensacola, FL

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