2001 N 61st Ave Pensacola, FL 32506
Estimated payment $5,614/month
Highlights
- Granite Countertops
- Fireplace
- Recessed Lighting
- Circular Driveway
- Double Pane Windows
- Storage
About This Home
This fully functioning 6-unit income property presents a rare, high-yield investment opportunity with strong existing cash flow and proven performance. Currently operating within a successful short-term rental program, the property delivers consistent bookings and requires no upfront improvements—making it a seamless, turnkey acquisition. Positioned on an expansive parcel, the site includes: Single-Family Unit F: 1,590 sq ft, 3/2 Single-Family Unit E: 1,136 sq ft, 3/1 Duplex Units A & B: 1,000 sq ft each, 2/1 Duplex Units C & D: 600 sq ft each, 1/1 Each unit rents exceptionally well on its own, yet the true financial upside lies in the property’s unique ability to host up to 35 guests, outperforming typical STR setups in the area. This scale positions the property for lucrative full-site bookings, weddings, retreats, corporate stays, family gatherings, and group travel—segments that consistently command premium nightly rates and longer stays. Outdoor spaces can be shared or marketed as group-friendly amenities, and with targeted upgrades or strategic branding, the entire site could be elevated into a high-demand boutique rental compound. Projected annual earnings exceed over $200,000, with substantial opportunity to drive revenue even higher through increased marketing, expanding to additional Online Travel Agencies (OTAs), and expanded event-based bookings. All units have been meticulously maintained, allowing investors to step into immediate profitability. Whether you are looking to strengthen your passive-income portfolio or scale into a high-performing hospitality venture, this property offers exceptional current income with significant long-term appreciation potential. See agent for additional financials and documentation.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1954
Parking
- Circular Driveway
Home Design
- Slab Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 5,926 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Recessed Lighting
- Fireplace
- Double Pane Windows
- Blinds
- Storage
- Inside Utility
- Vinyl Flooring
Kitchen
- Freezer
- Dishwasher
- Granite Countertops
- Laminate Countertops
Bedrooms and Bathrooms
- 12 Bedrooms
- 7 Full Bathrooms
Outdoor Features
- Fire Pit
- Built-In Barbecue
- Rain Gutters
Schools
- Sherwood Elementary School
- Bellview Middle School
- Escambia High School
Utilities
- Central Air
- Multiple Heating Units
- Electric Water Heater
- Septic Tank
Additional Features
- Energy-Efficient Insulation
- Back Yard Fenced
Community Details
- 6 Units
Listing and Financial Details
- Assessor Parcel Number 142S305001090001
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $6,569 | $444,572 | $41,433 | $403,139 |
| 2024 | $6,413 | $436,079 | $41,433 | $394,646 |
| 2023 | $6,413 | $413,494 | $41,433 | $372,061 |
| 2022 | $5,540 | $365,090 | $35,287 | $329,803 |
| 2021 | $5,087 | $300,679 | $0 | $0 |
| 2020 | $4,750 | $280,996 | $0 | $0 |
| 2019 | $4,567 | $265,289 | $0 | $0 |
| 2018 | $4,475 | $253,315 | $0 | $0 |
| 2017 | $4,286 | $234,678 | $0 | $0 |
| 2016 | $4,155 | $222,002 | $0 | $0 |
| 2015 | -- | $215,993 | $0 | $0 |
| 2014 | -- | $207,935 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/25/2025 11/25/25 | For Sale | $950,000 | +167.6% | $160 / Sq Ft | |
| 08/21/2020 08/21/20 | Sold | $355,000 | -2.7% | $222 / Sq Ft | View Prior Sale |
| 07/08/2020 07/08/20 | Pending | -- | -- | -- | |
| 06/26/2020 06/26/20 | Price Changed | $365,000 | -7.6% | $228 / Sq Ft | |
| 03/13/2020 03/13/20 | For Sale | $395,000 | -- | $247 / Sq Ft |
Source: Pensacola Association of REALTORS®
MLS Number: 674186
APN: 14-2S-30-5001-090-001
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Ask me questions while you tour the home.