$457,000
SOLD JUN 11, 2025
8 Beds
8 Baths
3,848 Sq Ft
1983 Built

Recently Sold

$119 Per Sq Ft

4% Below List Price

72 Days on Market

Highlights

  • Fireplace
  • Central Heating and Cooling System
  • 1-Story Property
  • Tile Flooring
  • Ceiling Fan

About This Home

As of June 2025

Leases for all 4 units $52,800 per year/$4400 per month combined in 2024! Take a look at this incredible investment opportunity to add a turnkey, income-generating property to your portfolio! With 3 leases in place and a strong cash flow, this four-unit property is a smart investment. Each spacious 2-bedroom, 2-bathroom unit ensures high rental demand. Ideally situated near Publix, shopping, and quick access to downtown and then to the beach, this property offers tenants the perfect blend of convenience and lifestyle appeal. Each unit has central heat and air, a private patio, washer and dryer hookups, outside storage, and kitchen appliances included. New roof installed in 2019. Don't miss out on this prime investment! Verification of funds or prequalification letter is required before showing is scheduled. Days will vary when showings can be scheduled due to full occupancy.

Last Agent to Sell the Property

ANDREW BRAVOMALO

Better Homes And Gardens Real Estate Main Street Properties Listed on: 02/21/2025

Better Homes And Gardens Real Estate Main Street Properties

Last Buyer's Agent

Samantha Avila

Better Homes And Gardens Real Estate Main Street Properties

Better Homes And Gardens Real Estate Main Street Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $813

Year Built

  • Built in 1983

Home Design

  • Quadruplex
  • Slab Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,848 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Tile Flooring

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Schools

  • Sherwood Elementary School
  • Warrington Middle School
  • Escambia High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 132S304600001004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$813

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Stories: 1
  • Parcel Number: 132S304600001004
  • Property Type: Residential Income
  • Year Built: 1983
  • Electric: Copper Wiring
  • Property Sub Type: Quadruplex
  • Horses: No
  • Subdivision Name: None
  • Directions: Head South on Mobile Highway, then left on Massachusetts and right on Stara Cir
  • Building Name: None
  • Unit Levels: One
  • New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Full Bathrooms: 8
  • Total Bedrooms: 8
  • Fireplace: Yes
  • Flooring: Tile

Exterior Features

  • Roof: Shingle
  • Lot Features: Central Access
  • Home Warranty: No
  • Construction Type: Frame
  • Foundation Details: Slab
  • Property Condition: Resale

Utilities

  • Heating: Heat Pump, Central, Fireplace(s)
  • Cooling: Ceiling Fan(s), Heat Pump, Central Air
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Schools

  • Elementary School: Sherwood
  • High School: Escambia
  • Middle Or Junior School: WARRINGTON

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2025
Closed on
Jun 11, 2025
Sold by
Catlett Gunnar
Bought by
Korsun Andriy
Seller's Agent
ANDREW BRAVOMALO
Better Homes And Gardens Real Estate Main Street Properties
Buyer's Agent
Samantha Avila
Better Homes And Gardens Real Estate Main Street Properties
List Price
$475,000
Sold Price
$457,000
Premium/Discount to List
-$18,000
-3.79%
Views
115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-95.04%
Original Mortgage
$449,000
Outstanding Balance
$449,000
Interest Rate
6.76%
Mortgage Type
VA
Estimated Equity
-$198,333

Purchase Details

Closed on
Apr 21, 2023
Sold by
Luke 16 11 Llc
Bought by
Catlett Gunnar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2017
Bought by
Luke 16:11 Llc

Purchase Details

Closed on
Nov 21, 2016
Sold by
B & E Holdings Llc
Bought by
Mcnair Andrew and Andrew Mcnair Living Trust

Purchase Details

Closed on
Oct 1, 2016
Bought by
Luke 16:11 Llc
Source: Public Records

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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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $457,000 Surety Land & Title
Warranty Deed $457,000 Surety Land & Title
Warranty Deed $440,000 First International Title
Deed $100 --
Warranty Deed $89,000 First International Title
Deed $49,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $449,000 VA
Closed $449,000 VA
Previous Owner $330,000 New Conventional
Previous Owner $172,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2025 06/11/25 Sold $457,000 +0.4% $119 / Sq Ft
03/27/2025 03/27/25 Price Changed $455,000 -4.2% $118 / Sq Ft
02/21/2025 02/21/25 For Sale $475,000 -- $123 / Sq Ft
Source: Pensacola Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $813 $68,122 $10,000 $58,122
2023 $813 $48,063 $0 $0
2022 $748 $50,699 $3,600 $47,099
2021 $679 $40,427 $0 $0
2020 $617 $36,111 $0 $0
2019 $600 $34,521 $0 $0
2018 $578 $32,287 $0 $0
2017 $582 $31,850 $0 $0
2016 $568 $30,404 $0 $0
2015 $550 $30,404 $0 $0
2014 $542 $30,404 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 659474

Pensacola Association of REALTORS®

APN: 13-2S-30-4600-001-004