$375,000
SOLD JUN 26, 2025

3061 N 16th Ave Pensacola, FL 32503

Southeast Pensacola Neighborhood
2 Beds
1 Bath
540 Sq Ft
1955 Built

Recently Sold

$694 Per Sq Ft

6% Below List Price

29 Days on Market

About This Home

As of June 2025

Investment Opportunity in East Hill! Located in the desirable East Hill neighborhood, this (fully renovated down to the stud) duplex offers incredible rental potential. The duplex contains 2 units: each unit contains 2 bedrooms, 1 bathroom, a kitchen, a living room, laundry, and a separate driveway. The sellers put up a new privacy fence as well. With a potential rental income of $1,500 per month per unit, this property has the potential to generate approximately $36,000 in gross annual rental income. With the duplex essentially being brand new, you can enjoy the peace of mind that comes with low maintenance and no immediate repair or update costs. Insurance quotes came in around $2700 per year. This is a rare opportunity to own a modern, well-located multi-unit property in East Hill – perfect for investors looking for a high-quality addition to their portfolio. Property comes unfurnished but was staged for photos.

Last Agent to Sell the Property

Cole Jenkins

Kuhn Realty Listed on: 04/21/2025

Co-Listed By

Patrick Price

Kuhn Realty

Last Buyer's Agent

Ashley Divin

Levin Rinke Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Home Design

  • 540 Sq Ft Home
  • Duplex
  • Shingle Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Oj Semmes Elementary School
  • Workman Middle School
  • Washington High School

Utilities

  • Central Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 000S009025009375

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Parcel Number: 000S009025009375
  • Property Type: Residential Income
  • Year Built: 1955
  • Electric: Copper Wiring
  • Property Sub Type: Duplex
  • Horses: No
  • Co List Office Mls Id: KUHN01
  • Co List Office Phone: 850-266-7557
  • Subdivision Name: None
  • Directions: North on 17th Ave, Left on E Hayes St, Left on 16th Ave, duplex is on the left.
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 540

Exterior Features

  • Roof: Shingle
  • Lot Features: Central Access

Utilities

  • Heating: Central
  • Heating Yn: Yes

Schools

  • Elementary School: Oj Semmes
  • High School: Washington
  • Middle Or Junior School: WORKMAN

Multi Family

  • Number Of Units Total: 2

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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
06/26/2025 06/26/25 Sold $375,000 -6.0% $694 / Sq Ft
05/20/2025 05/20/25 Pending -- -- --
04/21/2025 04/21/25 For Sale $399,000 +99.5% $739 / Sq Ft
11/21/2023 11/21/23 Sold $200,000 -9.1% $185 / Sq Ft
11/01/2023 11/01/23 Pending -- -- --
10/16/2023 10/16/23 For Sale $220,000 -- $204 / Sq Ft
Source: Pensacola Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2025

    Cole Jenkins

    Kuhn Realty

    (850) 736-1017

    2 in this area

    19 Total Sales

    Cole Jenkins
    Section Image
  • Patrick Price

    Seller Co-Listing Agent in 2025

    Patrick Price

    Kuhn Realty

    (850) 293-1622

    37 in this area

    81 Total Sales

    Patrick Price
    Section Image
  • Ashley Divin

    Buyer's Agent in 2025

    Ashley Divin

    Levin Rinke Realty

    (850) 291-3769

    3 in this area

    90 Total Sales

    Ashley Divin
    Section Image
  • Michael Moran

    Seller's Agent in 2023

    Michael Moran

    Aqua1Realty, Inc.

    (850) 221-8024

    3 in this area

    17 Total Sales

    Michael Moran
    Section Image
See All Agents

Map

Source: Pensacola Association of REALTORS®

MLS Number: 662950

Pensacola Association of REALTORS®

APN: 00-0S-00-9025-009-375

Florida Escambia County Pensacola 32503 Southeast Pensacola

3061 N 16th Ave, Pensacola, FL

This home is located at 3061 N 16th Ave, Pensacola, FL 32503 and is currently priced at $375,000, approximately $694 per square foot. This property was built in 1955. 3061 N 16th Ave is a home located in Escambia County with nearby schools including O.J. Semmes Elementary School, J.H. Workman Middle School, and Booker T. Washington High School.

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