NOT LISTED FOR SALE

2624 W Desoto St Pensacola, FL 32505

West Pensacola Neighborhood
7 Beds
4 Baths
2,440 Sq Ft
0.47 Acres

Last Sold July 27, 2022

Last sale price $445,000 $182 Per Sq Ft

2 Days on Market

Highlights

  • Guest House
  • Wood Flooring
  • Granite Countertops
  • Pensacola High School Rated A-
  • Corner Lot
  • 2 Car Detached Garage

About This Home

As of July 2022

Huge income potential with this newly renovated turn-key multi-family property on .48 acres. This property is just 2 miles from downtown Pensacola and also the Pensacola Yacht Club and Sanders Beach, 3 miles from the Blue Wahoos Stadium, 6 miles from Pensacola Naval Air Station, and 10 miles from Pensacola Beach. Property currently has 3 units: (1.) 4 Bedroom/2 Bath House (1473 sf) with hardwood floors, tiled showers, granite countertops, new kitchen cabinets and vanities, stainless steel appliances, new fixtures, etc. (2.) 2 Bedroom/1 Bath Apartment (592 sf), which is located above a detached 2-car garage, with LVP Flooring throughout, new kitchen cabinets & countertops, new vanity, new fixtures, etc. (3.) A detached studio apartment/cottage of approximately 400 sf, with LVP flooring throughout, new kitchen cabinets & countertops, new vanity, tiled shower, new fixtures, etc. Each unit has it's own separate gated entrance! The main house has an indoor laundry room. The detached garage has an additional laundry facility, that could be shared by the 2-bedroom apartment and the studio tenants. The detached garage could possibly be converted to an additional apartment, similar to the one above it, or could be rented as storage space. There is also a vacant corner lot on the parcel, which has an RV hook-up. Current as-is gross income potential is approximately $4000 per month/$48,000 per year as a long term rental property, with potential to increase gross long term rent potential to approximately $6000 per month/$72,000 per year, by the possibility of converting the detached garage (ground level) to an additional apartment and putting an RV on the lot. Buyer to do their own due diligence regarding the potential for adding additional units to the property. This property may also be well suited for short term rental / Airbnb use, which could possibly increase income potential! OR... buyer could live in the main house, and rent the other units to pay the mortgage!

Last Agent to Sell the Property

Kathleen Green

Woodlands & Homes, LLC Listed on: 06/21/2022

Last Buyer's Agent

Robb Colley

Coastal Stays

Coastal Stays

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • Back Yard Fenced
  • Chain Link Fence
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Off Grade Structure
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,440 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 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

Parking

2

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
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Built In Microwave
  • 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

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Car Garage, Detached
  • Total Parking Spaces: 2

Utilities

  • Heating: Central, Wall/Window Unit(s)
  • Cooling: Ceiling Fan(s), 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

Lot Info

  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3

Range of Values:

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Sold Price
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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
07/27/2022 07/27/22 Sold $445,000 -1.1% $182 / Sq Ft
06/23/2022 06/23/22 Pending -- -- --
06/21/2022 06/21/22 For Sale $450,000 +187.5% $184 / Sq Ft
02/07/2022 02/07/22 Sold $156,500 0.0% $178 / Sq Ft
01/22/2022 01/22/22 Pending -- -- --
01/22/2022 01/22/22 Off Market $156,500 -- --
01/22/2022 01/22/22 For Sale $160,000 -- $182 / Sq Ft
Source: Pensacola Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kathleen Green

    Woodlands & Homes, LLC

    (850) 529-5437

    1 in this area

    18 Total Sales

    Kathleen Green
    Section Image
  • Jamie Gillispie Turner

    Seller's Agent in 2022

    Jamie Gillispie Turner

    Kuhn Realty

    (850) 261-8416

    2 in this area

    125 Total Sales

    Jamie Gillispie Turner
    Section Image
  • Robb Colley

    Buyer's Agent in 2022

    Robb Colley

    Coastal Stays

    (334) 358-3883

    2 in this area

    13 Total Sales

    Robb Colley
    Section Image

  • O

    Buyer's Agent in 2022

    Outside Area Selling Agent

    PAR Outside Area Listing Office

See All Agents

Map

Source: Pensacola Association of REALTORS®

MLS Number: 611114

Pensacola Association of REALTORS®

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

Florida Escambia County Pensacola 32505 West Pensacola

2624 W Desoto St, Pensacola, FL

This home is located at 2624 W Desoto St, Pensacola, FL 32505 since 21 June 2022. This property was built in 1940. 2624 W Desoto St is a home located in Escambia County with nearby schools including Warrington Middle School, Pensacola High School, and Escambia Christian School.

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