$870,000
SOLD MAY 28, 2026
12 Beds
7 Baths
5,926 Sq Ft
1954 Built

Sale Details

Date Sold: May 28, 2026

$147 Per Sq Ft

8% Below List Price

85 Days on Market

Highlights

  • Granite Countertops
  • Fireplace
  • Recessed Lighting
  • Circular Driveway
  • Double Pane Windows
  • Storage

About This Home

As of May 2026

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.

Last Agent to Sell the Property

Erik Hansen

KELLER WILLIAMS REALTY GULF COAST Listed on: 11/25/2025

KELLER WILLIAMS REALTY GULF COAST

Last Buyer's Agent

Erik Hansen

KELLER WILLIAMS REALTY GULF COAST Listed on: 11/25/2025

KELLER WILLIAMS REALTY GULF COAST
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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
  • Drapes & Rods
  • 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

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0 Sq Ft Lot

Listing Details

  • Stories: 1
  • Parcel Number: 142S305001090001
  • Property Type: Residential Income
  • Year Built: 1954
  • Electric: Circuit Breakers, Copper Wiring
  • Property Sub Type: Other
  • Horses: No
  • Subdivision Name: None
  • Directions: From Mobile Hwy go West on Fairfield to N 61st Ave and turn Right. Property will be on Left.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Insulation
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Freezer, Refrigerator
  • Full Bathrooms: 7
  • Total Bedrooms: 12
  • Fireplace: Yes
  • Flooring: Vinyl
  • Interior Amenities: Storage, Ceiling Fan(s), Recessed Lighting
  • Window Features: Double Pane Windows, Blinds, Drapes, Drapery Rods, Some Blinds
  • Room Kitchen Features: Granite Counters, Laminate Counters

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard
  • Lot Features: Central Access
  • Construction Type: Frame
  • Exterior Features: Barbecue, Fire Pit, Rain Gutters
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Circular Driveway

Utilities

  • Heating: Multi Units
  • Cooling: Ceiling Fan(s), Central Air
  • Sewer: Septic Tank
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Elementary School: Sherwood
  • High School: Escambia
  • Middle Or Junior School: BELLVIEW

Lot Info

  • Zoning Description: Res Single

Multi Family

  • Number Of Units Total: 6

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2025
Closed on
May 20, 2026
Sold by
Bought by
Seller's Agent
Erik Hansen
KELLER WILLIAMS REALTY GULF COAST
Buyer's Agent
Erik Hansen
KELLER WILLIAMS REALTY GULF COAST
List Price
$950,000
Sold Price
$870,000
Premium/Discount to List
-$80,000
-8.42%
Views
75

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$684,000
Outstanding Balance
$683,348
Interest Rate
6.23%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 29, 2022
Sold by
Bought by

Purchase Details

Closed on
Dec 15, 2016
Sold by
Bought by

Purchase Details

Closed on
Feb 14, 2005
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $870,000 Clear Title
Warranty Deed $583,500 --
Warranty Deed $300,000 Surety Land Title Of Florida
Warranty Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $684,000 Credit Line Revolving
Previous Owner -- Unknown
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/28/2026 05/28/26 Sold $870,000 -8.4% $147 / Sq Ft
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®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,597 $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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 674186

Pensacola Association of REALTORS®

APN: 14-2S-30-5001-090-001

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