NOT LISTED FOR SALE
-- Bed
2 Baths
1,512 Sq Ft
10,890 Sq Ft Lot

Sale Details

Date Sold: June 26, 2017

Last sale price $365,000 $241 Per Sq Ft

60 Days on Market

Highlights

  • Corner Lot
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of June 2017

7 Cap- 88 GRM- Pensacola NAS cash cow. This 9 unit apartment building is perfectly positioned for tenant appeal being located in close proximity to downtown Pensacola, Bayou Chico, NAS Pensacola, entertainment venues, shopping, dining, major traffic routes and more. This investment has experienced historically high occupancy rates. The construction is on grade concrete slab, all brick, public water and sewer, composite shingle roof, concrete exterior second-level covered walkways lending to low maintenance costs. Call today for more information on this great investment.

Last Agent to Sell the Property

Kenneth Payne

RE/MAX HORIZONS REALTY Listed on: 02/14/2017

Last Buyer's Agent

Kenneth Payne

RE/MAX HORIZONS REALTY Listed on: 02/14/2017

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1968

Lot Details

  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,512 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Tile

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • 9 Units

Listing and Financial Details

  • Assessor Parcel Number 512S307061011022

Property Details

Home Type

Apartment

Year Built

Built in 1968

Lot Details

0.25 Acres

Listing Details

  • Stories: 2
  • Parcel Number: 512S307061011022
  • Property Type: Residential Income
  • Year Built: 1968
  • Electric: Circuit Breakers
  • Lease Term: 7 to 12 Months
  • Property Sub Type: Apartment
  • Horses: No
  • Subdivision Name: None
  • Directions: South of Barrancas on right
  • Unit Levels: Two
  • New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 2
  • Flooring: Tile, Carpet
  • Living Area: 1512

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Property Condition: Resale

Utilities

  • Heating: Central
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Elementary School: Warrington Elementary
  • High School: Escambia
  • Middle Or Junior School: Warrington

Lot Info

  • Zoning Description: County
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 9
  • Property Net Operating Income: 25596
  • Annual Operating Expense: 26901
  • Vacancy Allowance Rate: 5
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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 List to Sale Price per Sq Ft
06/26/2017 06/26/17 Sold $365,000 0.0% $241 / Sq Ft
06/01/2017 06/01/17 Off Market $365,000 -- --
04/11/2017 04/11/17 Pending -- -- --
02/10/2017 02/10/17 For Sale $405,000 -- $268 / Sq Ft
Source: Pensacola Association of REALTORS®

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
2025 $8,623 $614,291 $38,010 $576,281
2024 $8,231 $589,123 $38,010 $551,113
2023 $8,231 $521,594 $0 $0
2022 $7,481 $474,177 $16,290 $457,887
2021 $5,846 $419,441 $0 $0
2020 $4,673 $260,277 $0 $0
2019 $4,496 $245,223 $0 $0
2018 $4,397 $233,206 $0 $0
2017 $4,306 $221,818 $0 $0
2016 $4,347 $222,542 $0 $0
2015 $3,854 $199,434 $0 $0
2014 $3,757 $199,156 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 512835

Pensacola Association of REALTORS®

APN: 51-2S-30-7061-011-022

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