$475,000
$25K PRICE DROP

Estimated payment $3,043/month

Total Views 2,799
7 Beds
4 Baths
2,440 Sq Ft
$195 Price per Sq Ft

Highlights

  • Guest House
  • Wood Flooring
  • Granite Countertops
  • Pensacola High School Rated A-
  • Corner Lot
  • Porch

About This Home

Turn-Key Multi-Family Investment Property – Income-Producing Short-Term Rentals Minutes from Downtown Pensacola! Investor’s dream! This beautifully updated, income-generating multi-family property is currently operating as a short-term rental and offers exceptional potential for continued growth. Situated on a spacious .48-acre lot, this turn-key property features three separate units, each with private gated entrances, offering flexibility and privacy for guests or tenants. Located just 2 miles from vibrant Downtown Pensacola, Sanders Beach, and the Pensacola Yacht Club, and just 3 miles from Blue Wahoo's Stadium, 6 miles from NAS Pensacola, and 10 miles to the white sands of Pensacola Beach, this property is ideally positioned for both leisure and business travelers. Property includes: Main House – 4 Bed / 2 Bath (1,473 SF): Updated with hardwood floors, tiled showers, granite countertops, stainless steel appliances, newer kitchen cabinets and vanities, modern fixtures, and a spacious indoor laundry room. Garage Apartment – 2 Bed / 1 Bath (592 SF): Located above a detached 2-car garage, this unit features luxury vinyl plank (LVP) flooring, updated kitchen and bath with new cabinetry, countertops, vanity, and fixtures. Detached Studio Cottage (Approx. 400 SF): A charming and efficient layout with LVP flooring, updated kitchen and bath, tiled shower, and fresh finishes throughout. Additional highlights include: Detached garage with potential for conversion into a fourth rental unit or rentable storage space. Shared laundry facility in the garage for the apartment and studio. Vacant corner lot next to the main house offers even more expansion or development potential. Whether you’re looking to grow your short-term rental portfolio or house hack with multiple income streams, this property offers versatility, modern upgrades, and a prime location. Don’t miss this rare investment opportunity in one of Pensacola’s fastest-growing markets!

Listing Agent

Robb Colley

Coastal Stays Brokerage Email: robb@coastalstaysrealty.com Listed on: 08/01/2025

Coastal Stays

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • Back Yard Fenced
  • Chain Link Fence
  • Corner Lot

Home Design

  • Off Grade Structure
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,440 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Wood Flooring

Kitchen

  • Built-In Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window

Additional Features

  • Porch
  • Guest House

Community Details

  • 3 Units
  • West King Tract Subdivision

Listing and Financial Details

  • Assessor Parcel Number 000S009060001203

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Stories: 1
  • Parcel Number: 000S009060001203
  • Property Type: Residential Income
  • Year Built: 1940
  • Electric: Copper Wiring
  • Property Sub Type: Other
  • Horses: No
  • Subdivision Name: West King Tract
  • Directions: North of W. W St to East on W Desoto St. Property is on the corner of W Desoto St and N U St.
  • Building Name: None
  • Unit Levels: One
  • New Construction: No
  • Attribution Contact: robb@coastalstaysrealty.com
  • Special Features: None

Interior Features

  • Appliances: Built In Microwave, Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Flooring: Hardwood
  • Living Area: 2440
  • Window Features: Blinds
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard, Chain Link, Full
  • Lot Features: Corner Lot
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Foundation Details: Off Grade
  • Other Structures: Guest House
  • Patio And Porch Features: Porch
  • Property Condition: Resale

Utilities

  • Heating: Central, Wall/Window Unit(s)
  • Cooling: Central Air, Wall/Window Unit(s)
  • 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: WARRINGTON

Multi Family

  • Number Of Units Total: 3

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2025 09/08/25 Price Changed $475,000 -5.0% $195 / Sq Ft
08/01/2025 08/01/25 For Sale $500,000 -- $205 / Sq Ft
Source: Pensacola Association of REALTORS®

Source: Pensacola Association of REALTORS®

MLS Number: 668654

Pensacola Association of REALTORS®

APN: 00-0S-00-9060-001-203