$325,000
SOLD DEC 19, 2024

17 W Cervantes St Pensacola, FL 32501

Downtown Pensacola Neighborhood
-- Bed
-- Bath
4,076 Sq Ft
1908 Built

Recently Sold

$80 Per Sq Ft

35% Below List Price

294 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Central Air
  • Pensacola High School Rated A-
  • Fireplace
  • Heating System Uses Natural Gas

About This Home

As of December 2024

Let your imagination breathe new life into this historic Queen Anne building located steps from famous Palafox St. This 4,076 SF building, originally built in 1908, is adorned with architectural detail from days gone by. Last used as an office, the building has undergone a partial renovation. Possibilities abound for the future use of this building. The existing floor plan allows for the building to be split up into multiple smaller separate offices or return it to one large office. This property would also be great for mixed use, with a business on the first floor and residential upstairs, or split into 4 separate rental units. This property may qualify for Historic Preservation Tax Incentives. Come see this amazing opportunity for yourself. Photos reflect properties current condition.

Last Agent to Sell the Property

Jamie Gillispie Turner

Kuhn Realty Listed on: 02/01/2024

Last Buyer's Agent

Drew Hardgrave

LPT Realty

LPT Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,396

Year Built

  • Built in 1908

Home Design

  • Off Grade Structure
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,076 Sq Ft Home
  • 3-Story Property
  • Fireplace
  • Wood Flooring

Outdoor Features

  • Balcony

Schools

  • Global Learning Academy Elementary School
  • Workman Middle School
  • Pensacola High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 4 Units
  • Belmont Tract Subdivision

Listing and Financial Details

  • Assessor Parcel Number 000S009010050032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,396

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Stories: 3
  • Parcel Number: 000S009010050032
  • Property Type: Residential Income
  • Year Built: 1908
  • Electric: Circuit Breakers, Copper Wiring
  • Property Sub Type: Other
  • Horses: No
  • Subdivision Name: Belmont Tract
  • Directions: Building is on the south side of the W Cervantes St, just west of N Palafox St.
  • Unit Levels: Three Or More
  • New Construction: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Fireplace Features: Two or More
  • Fireplace: Yes
  • Flooring: Hardwood

Exterior Features

  • Roof: Shingle
  • Lot Features: Central Access
  • Construction Type: Frame
  • Exterior Features: Balcony
  • Foundation Details: Off Grade
  • Property Condition: Resale

Utilities

  • Heating: Natural Gas
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Elementary School: Global Learning Academy
  • High School: Pensacola
  • Middle Or Junior School: Workman

Lot Info

  • Zoning Description: Commercial
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Dec 19, 2024
Sold by
Hammons Joseph L
Bought by
Landshark Homes Llc
Seller's Agent
Jamie Gillispie Turner
Kuhn Realty
Buyer's Agent
Drew Hardgrave
LPT Realty
List Price
$499,000
Sold Price
$325,000
Premium/Discount to List
-$174,000
-34.87%
Views
183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.84%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $325,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $260,000 Seller Take Back
Previous Owner $150,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2025 06/21/25 For Sale $399,000 +22.8% $98 / Sq Ft
12/19/2024 12/19/24 Sold $325,000 -7.1% $80 / Sq Ft
11/15/2024 11/15/24 Price Changed $350,000 -12.3% $86 / Sq Ft
09/05/2024 09/05/24 Price Changed $399,000 -8.3% $98 / Sq Ft
07/05/2024 07/05/24 Price Changed $435,000 -9.2% $107 / Sq Ft
04/02/2024 04/02/24 Price Changed $479,000 -4.0% $118 / Sq Ft
02/01/2024 02/01/24 For Sale $499,000 -- $122 / Sq Ft
Source: Pensacola Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,396 $491,718 $90,171 $401,547
2023 $8,396 $485,911 $75,143 $410,768
2022 $7,744 $443,771 $75,143 $368,628
2021 $7,290 $406,851 $0 $0
2020 $6,736 $380,638 $0 $0
2019 $6,926 $389,033 $0 $0
2018 $6,789 $375,354 $0 $0
2017 $6,290 $340,778 $0 $0
2016 $6,154 $328,661 $0 $0
2015 $5,844 $307,562 $0 $0
2014 $5,496 $285,898 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jamie Gillispie Turner

    Seller's Agent in 2025

    Jamie Gillispie Turner

    Kuhn Realty

    (850) 261-8416

    9 in this area

    125 Total Sales

    Jamie Gillispie Turner
    Section Image
  • JARRETT TURNER

    Seller Co-Listing Agent in 2025

    JARRETT TURNER

    Kuhn Realty

    (850) 292-7977

    25 Total Sales

    JARRETT TURNER
    Section Image

  • D

    Buyer's Agent in 2024

    Drew Hardgrave

    LPT Realty

    Section Image
See All Agents

Map

Source: Pensacola Association of REALTORS®

MLS Number: 639546

Pensacola Association of REALTORS®

APN: 00-0S-00-9010-050-032

Florida Escambia County Pensacola 32501 Downtown Pensacola

17 W Cervantes St, Pensacola, FL

This home is located at 17 W Cervantes St, Pensacola, FL 32501 and is currently priced at $325,000, approximately $79 per square foot. This property was built in 1908. 17 W Cervantes St is a home located in Escambia County with nearby schools including J.H. Workman Middle School, Pensacola High School, and Episcopal Day School of Christ Church Parish.

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