2371 Le Ruth Dr Pensacola, FL 32514
Ferry Pass NeighborhoodEstimated payment $3,080/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
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Copyright© 2025 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information deemed reliable but not guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
- 9400 Mabel St
- 2150 Academy Dr
- 10091 Hillview Dr
- 9825 Crestmont Cir
- 9812 Bridgewood Ln
- 2719 Copter Rd
- 9801 Pinebrake Ct
- 324 Mirabelle Dr
- 345 Mirabelle Dr
- 2360 Shoal Creek Dr
- 2354 Shoal Creek Dr
- 9168 Stillbridge Ln
- 9021 University Pkwy
- 2393 Shoal Creek Dr
- 364 Mirabelle Dr
- 375 Mirabelle Dr
- 49 Crabapple Ln
- 8573 Westview Ln
- 9852 Hillview Dr
- 9000 Governors Place Ct Unit Lot 9
- 2017 Wyatt St
- 1954 Wyatt St
- 2220 Gloria Cir
- 9823 Utopia Dr
- 10080 Hillview Dr
- 8990 N Davis Hwy
- 9601 University Pkwy
- 708 Thornwood Place
- 8917 N Davis Hwy
- 701 Thornwood Place
- 10300 University Pkwy
- 1878 E Nine Mile Rd
- 388 Mirabelle Dr
- 9009 University Pkwy
- 8707 N Davis Hwy
- 2410 Ladd St
- 9022 Governors Place Ct
- 9100 Baldridge Rd
- 12050 Scenic Hwy
- 1600 Governors Dr