608 N 9th Ave Pensacola, FL 32501
Pensacola AreaEstimated payment $3,239/month
Highlights
- Attached Guest House
- Wood Flooring
- Cottage
- Updated Kitchen
- No HOA
- Porch
About This Home
*Seller financing with $350k down - NO "creative financing"* Located less than one mile from Downtown Pensacola, 608 N 9th Ave offers two fully furnished rental units on one property with established mid-term rental income already in place. Check the documents for proven cap rate info! The front unit is a 2 bedroom, 1 bath cottage with a covered front porch, bright exterior, and a layout that works well for furnished rental use. The back unit is a 2 bedroom, 2 bath residence, with off street parking, giving the property two separate rental options on one downtown-adjacent parcel. Both units are currently leased through the remainder of 2026, giving an investor immediate income without the initial vacancy period, furnishing expense, or setup work typically required when launching a furnished rental. The sale includes furnishings, and the property is currently self-managed with no property management fee built into the current operation. Projected 2026 gross revenue is approximately $66,506 based on seller-provided income history and existing lease agreements. The location supports multiple rental strategies, with quick access to Downtown Pensacola, Pensacola Bay Center, McGuire’s, the Sanctuary Event Venue, Publix, restaurants, festivals, and Pensacola Beach. The two-unit setup gives a buyer flexibility for mid-term rentals, furnished rentals, corporate housing, travel professionals, or a future owner-occupant scenario with personal residence in one unit and rental for the other. Financial information, income history, projected expenses, and lease details are available for review. Buyers should verify all figures, lease terms, taxes, and rental projections during due diligence.
Home Details
Home Type
- Single Family
Year Built
- Built in 1936
Home Design
- Cottage
- Pillar, Post or Pier Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,300 Sq Ft Home
- 1-Story Property
- Combination Kitchen and Dining Room
- Wood Flooring
- Updated Kitchen
Bedrooms and Bathrooms
- 4 Bedrooms
- Remodeled Bathroom
- 3 Full Bathrooms
Parking
- 1 Parking Space
- 1 Carport Space
Outdoor Features
- Patio
- Porch
Schools
- A.K. Suter Elementary School
- Workman Middle School
- Pensacola High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Additional Features
- 2,178 Sq Ft Lot
- Attached Guest House
Community Details
- No Home Owners Association
- New City Tract Subdivision
Listing and Financial Details
- Assessor Parcel Number 000S009025019062
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $3,843 | $221,290 | $44,590 | $176,700 |
| 2024 | $3,004 | $250,108 | $41,405 | $208,703 |
| 2023 | $3,004 | $174,851 | $41,405 | $133,446 |
| 2022 | $1,830 | $107,712 | $41,405 | $66,307 |
| 2021 | $1,685 | $93,611 | $0 | $0 |
| 2020 | $1,561 | $87,806 | $0 | $0 |
| 2019 | $1,518 | $84,712 | $0 | $0 |
| 2018 | $1,094 | $71,018 | $0 | $0 |
| 2017 | $909 | $47,944 | $0 | $0 |
| 2016 | $907 | $48,576 | $0 | $0 |
| 2015 | $827 | $42,375 | $0 | $0 |
| 2014 | $760 | $38,308 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/16/2026 09/16/26 | Price Changed | $550,000 | -15.4% | $423 / Sq Ft |
| 08/20/2026 08/20/26 | Price Changed | $650,000 | -5.8% | $500 / Sq Ft |
| 07/25/2026 07/25/26 | Price Changed | $690,000 | -1.4% | $531 / Sq Ft |
| 07/12/2026 07/12/26 | Price Changed | $700,000 | -6.5% | $538 / Sq Ft |
| 07/06/2026 07/06/26 | For Sale | $749,000 | -- | $576 / Sq Ft |
Source: Pensacola Association of REALTORS®
MLS Number: 685487
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Ask me questions while you tour the home.