2371 Le Ruth Dr Pensacola, FL 32514
Ferry Pass NeighborhoodEstimated payment $3,105/month
Highlights
- Softwood Flooring
- Interior Lot
- Tankless Water Heater
- Porch
- Multiple cooling system units
- Inside Utility
About This Home
Amazing real estate investment opportunity on over an acre close to UWF! This Triplex includes a 3 bedroom 2 bathroom, 2 bedroom/1 bathroom and Efficiency unit. All units come with new washer/dryer sets. This triplex is set up with tankless hot water heater. The amenities like separate entrances with outdoor spaces, new HVAC systems, marble countertops, farm sinks, luxury vinyl plank and hardwood floors add value and appeal to potential tenants. Being near Ferry Pass Bayou adds to its charm and potentially attracts renters seeking a unique location just off Nine Mile Road. All units have Full Bathrooms with some upgrades. The potential to add another building with more units could significantly increase your rental income and overall return on investment. Just think what you could do with this property as a short term investment so close to West Florida Hospital and University of West Florida. Parents coming to town and students who may need housing equal great potential as well the market for short term locations have become a great money maker. And think about all the professionals in the area who may need a home away from home as they travel. All units are currently renting off and on, so if you want to add this great investment to your portfolio before the units are rented out - Come quickly. If you want another option or a second investment take a look at MLS 639219 - 2370 Hencye Dr. adjacent property next door which is also for sale!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,059
Year Built
- Built in 1960
Lot Details
- Interior Lot
Home Design
- Triplex
- Off Grade Structure
- Frame Construction
- Shingle Roof
- Ridge Vents on the Roof
Interior Spaces
- 1,822 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Inside Utility
- Built-In Microwave
Flooring
- Softwood
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Rain Gutters
- Porch
Schools
- Mcarthur Elementary School
- Ferry Pass Middle School
- Tate High School
Utilities
- Multiple cooling system units
- Cooling System Mounted To A Wall/Window
- Multiple Heating Units
- Heating System Mounted To A Wall or Window
- Tankless Water Heater
- Septic Tank
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 051S300707000000
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 |
|---|---|---|---|---|
| 2024 | $3,059 | $231,271 | $42,000 | $189,271 |
| 2023 | $3,059 | $221,165 | $42,000 | $179,165 |
| 2022 | $2,830 | $201,868 | $42,000 | $159,868 |
| 2021 | $910 | $96,947 | $0 | $0 |
| 2020 | $2,147 | $157,676 | $0 | $0 |
| 2019 | $1,894 | $129,244 | $0 | $0 |
| 2018 | $1,822 | $121,533 | $0 | $0 |
| 2017 | $855 | $89,832 | $0 | $0 |
| 2016 | $844 | $87,985 | $0 | $0 |
| 2015 | $824 | $87,374 | $0 | $0 |
| 2014 | $812 | $86,681 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/07/2024 07/07/24 | Price Changed | $535,000 | -8.5% | $294 / Sq Ft |
| 02/17/2024 02/17/24 | Price Changed | $585,000 | -4.9% | $321 / Sq Ft |
| 01/25/2024 01/25/24 | For Sale | $615,000 | -- | $338 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $235,000 | Carver Darden Koretzky Tessier | |
| Warranty Deed | $235,000 | Absolute Title Of Florida | |
| Interfamily Deed Transfer | -- | Attorney |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $105,277 | Seller Take Back | |
| Previous Owner | $211,500 | Purchase Money Mortgage |
Source: Pensacola Association of REALTORS®
MLS Number: 639218
APN: 05-1S-30-0707-000-000
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