NOT LISTED FOR SALE

7135 Pearson Rd Unit 1-14 Pensacola, FL 32526

2 Beds
2 Baths
1,816 Sq Ft
1998 Built

Last Sold April 28, 2014

Last sale price $535,000 $295 Per Sq Ft

24 Days on Market

Highlights

  • Interior Lot
  • Central Heating and Cooling System
  • High Speed Internet
  • Tile Flooring
  • Ceiling Fan
  • 1-Story Property

About This Home

As of April 2014

Attention Investors! This property is amazing! 7 duplexes with a total of 14 2 bedroom, 2 bath units at approx. 908 sf per unit. Fenced area for each unit. Wrought iron gates give an upscale feel for this community. A true “diamond in the rough!” Each unit has a different level of finish but pictures generally represent condition and finish. This property is a pleasure to manage and cash flows well. Currently 13/14 units rented. Good rental history and low vacancy rate. CAP Rate of 8.19%

Last Agent to Sell the Property

CHRIS AIKEN

CENTURY 21 AMERISOUTH REALTY Listed on: 02/10/2014

Co-Listed By

Jodi Aiken

CENTURY 21 AMERISOUTH REALTY

Last Buyer's Agent

KATHLEEN RICHARDSON

Coldwell Banker Residential Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1998

Lot Details

  • Back Yard Fenced
  • Interior Lot

Home Design

  • Duplex
  • Hip Roof Shape
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,816 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Washer and Dryer Hookup

Kitchen

  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Sherwood Elementary School
  • Bellview Middle School
  • Pine Forest High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 28 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, internet
  • Assessor Parcel Number 102S312002001001

Property Details

Home Type

Multi-Family

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Stories: 1
  • Parcel Number: 102S312002001001
  • Property Type: Residential Income
  • Year Built: 1998
  • Electric: Circuit Breakers, Copper Wiring
  • Lease Term: 7 to 12 Months
  • Property Sub Type: Duplex
  • Horses: No
  • Co List Office Mls Id: AMSR01
  • Co List Office Phone: 850-478-6800
  • Subdivision Name: None
  • Directions: From Mobile Hwy, turn onto Marlane Dr. Slight right onto Cerny Rd. Left onto Patricia. Left onto Pearson.
  • Building Name: None
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, Vinyl, Carpet
  • Interior Amenities: Ceiling Fan(s), High Speed Internet
  • Living Area: 1816
  • Window Features: Blinds
  • Room Kitchen Features: Laminate Counters

Exterior Features

  • Roof: Composition, Hip
  • Fencing: Back Yard
  • Lot Features: Interior Lot
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Frame
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Parking Features: 1 Space/Unit

Utilities

  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air
  • Sewer: Public Sewer
  • Laundry Features: W/D Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Water Source: Public

Schools

  • Elementary School: Sherwood
  • High School: Pine Forest
  • Middle Or Junior School: Bellview

Lot Info

  • Zoning Description: Res Multi
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Internet

Multi Family

  • Number Of Units Total: 28
  • Property Net Operating Income: 44973
  • Annual Operating Expense: 45267
  • Vacancy Allowance Rate: 6

Range of Values:

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Average Value
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List Price
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
04/28/2014 04/28/14 Sold $535,000 -2.6% $295 / Sq Ft
03/05/2014 03/05/14 Pending -- -- --
02/09/2014 02/09/14 For Sale $549,000 -- $302 / Sq Ft
Source: Pensacola Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • CHRIS AIKEN

    Seller's Agent in 2014

    CHRIS AIKEN

    CENTURY 21 AMERISOUTH REALTY

    Section Image
  • Jodi Aiken

    Seller Co-Listing Agent in 2014

    Jodi Aiken

    CENTURY 21 AMERISOUTH REALTY

    (850) 375-3729

    Section Image

  • K

    Buyer's Agent in 2014

    KATHLEEN RICHARDSON

    Coldwell Banker Residential Real Estate

See All Agents

Map

Source: Pensacola Association of REALTORS®

MLS Number: 457847

Pensacola Association of REALTORS®

Florida Escambia County Pensacola 32526

7135 Pearson Rd Unit 1-14, Pensacola, FL

This home is located at 7135 Pearson Rd Unit 1-14, Pensacola, FL 32526 since 10 February 2014. This property was built in 1998. 7135 Pearson Rd Unit 1-14 is a home located in Escambia County with nearby schools including Sherwood Elementary School, Bellview Middle School, and Pine Forest High School.

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