Bring your vision, the location's already perfect! Great investment opportunity. This property puts you minutes from Palafox, Wahoo Stadium, and Downtown Pensacola's restaurants, nightlife, and the Garden District. Opportunities this close to the heart of a growing downtown are getting harder to find. The property includes a 1938 duplex with two one-bedroom units (A and B), about 1,216 sq ft with a covered front porch and central heat and air. A detached 1941 building in the rear offers a third one-bedroom apartment (Unit C) over a garage/utility space. Buyers have options. Renovate the existing units and bring character homes back to life in a high-demand rental area, or start fresh on a generous 62' x 150' lot of roughly .23 acres. Buyer to verify all information during due diligence.
An extraordinary waterfront property awaits on the shores of Bayou Grande, where history, distinctive architecture, and an incredible setting come together to create a unique residential compound. Nestled among mature trees in historic Navy Point, this remarkable property sits in the heart of the Cradle of Naval Aviation, where generations of America’s naval aviators have trained in Pensacola for more than a century. At the water’s edge, the sprawling primary residence has a personality all its own. Spanish ranch influences, beautiful brickwork, and a broad waterfront lawn create a setting that feels wonderfully removed from modern-day life. Water views extend along two sides of the property, while established landscaping adds to its timeless Old Florida character. From the patio and lawn, the waterfront becomes part of everyday life—a picturesque backdrop for quiet Sunday afternoons, evening sunsets, and the unforgettable sight and sound of the Blue Angels overhead. Inside, original terrazzo flooring adds to the home’s character. Abundant natural light pours through large, bayou-facing sliding glass doors, opening the interior to beautiful water views. Once reportedly home to a restaurant years ago, the residence retains a character and history that cannot be recreated in new construction. The property includes two mid-century cottages and a separate French Colonial-inspired apartment, added in 2006, giving the grounds a distinctly New Orleans influence. Reclaimed wood originating from the former NAS Pensacola Officers’ Club was incorporated into the apartment. Previously utilized as rental-producing residences, these three additional living spaces offer flexibility for extended family, guests, or income-producing use. Together, the multiple residences, covered parking, expansive grounds, and waterfront setting create an incredible opportunity for a multigenerational family compound, private retreat, or investment property unlike the typical rental. Buyer to verify all information during due diligence.
*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.
Duplex Investment Opportunity – Solid Block Construction with New Roof Great opportunity to own a duplex with strong bones and plenty of upside. This concrete block, slab foundation property features two separate 1 bedroom / 1 bathroom units, offering an ideal layout for rental income, house hacking, or an investor looking for a value-add project. Both units need interior updates and repairs, providing the opportunity to customize finishes and increase value. The property has already received a major improvement with a new roof, helping provide peace of mind for the next owner.
This unique investment property features four income-producing units plus a versatile flex space with a full bathroom that could function as a private office, additional guest suite, or be incorporated as a third bedroom for Unit A. Whether you're an investor seeking multiple income streams or an owner-occupant looking to offset your housing costs, this property offers exceptional flexibility. An added bonus is the existing low-rate FHA assumable mortgage (subject to lender and FHA qualification requirements), presenting a unique opportunity for a buyer to live in one unit while renting the other three and potentially benefit from a significantly below-market interest rate. Just minutes from Downtown Pensacola, Blue Wahoo's Stadium, restaurants, shopping, and the waterfront, the property is surrounded by exciting revitalization, with new construction and luxury developments rising throughout the neighborhood. The location offers the perfect blend of historic charm and long-term growth potential. Unit A is a 2 bed, 1 bath unit with a full kitchen and private screened in porch. Unit B is a 1 bed, 1 bath with kitchenette and private screened in porch. Unit C is a studio apartment with a kitchenette. Unit D is a 2 bed, 1 bath unit with a private balcony, and is the only unit located on the second floor. With multiple income streams, flexible living options, and a prime location in the path of growth, 600 E. Jackson Street is a truly exceptional opportunity for both investors and owner-occupants alike.
This recently renovated 12-unit apartment building is located just west of Downtown Pensacola and offers investors a turnkey asset with strong in-place income and recent capital improvements. Each unit features a spacious 1-bedroom, 1-bathroom layout with approximately 610 sq. ft. of living space. Interior updates include new flooring, refreshed kitchens with updated cabinets and appliances, and renovated bathrooms, offering a clean and modern rental product for residents. Major exterior improvements include a new roof, new porch railings, and updated stairs, enhancing both curb appeal and long-term durability. The property is conveniently located just 4.4 miles from the NAS Pensacola Main Gate, 2.8 miles from Downtown Pensacola, and approximately 25 minutes from Pensacola Beach. Current effective rents average $1,160 per unit, including a $75 monthly utility fee that covers water, sewer, and trash. Electricity and internet are paid directly by residents. With strong in-place income, recent capital improvements, and a convenient location near major employment and lifestyle drivers, this 12-unit asset is a compelling addition to an investor’s portfolio.
Advertising the Future use of this property existing mobile home is in disrepair and the highest and best use is as a quadplex.
Investor Opportunity – Income-Producing Duplex at 1915 W Gadsden St Don't miss this excellent opportunity to own a duplex with immediate income potential. This property features two units, with one unit currently tenant-occupied providing rental income and one unit owner-occupied, offering flexibility for investors and owner-occupants alike. Whether you're looking to expand your rental portfolio, generate passive income, or live in one unit while collecting rent from the other, this property offers multiple possibilities. The tenant-occupied unit provides an existing income stream, while the second unit presents an opportunity for owner occupancy or additional rental income. Conveniently located near local amenities, schools, shopping, and major roadways, this property is well-positioned for long-term investment success. With room to add value and increase returns, this duplex is an attractive option for investors seeking cash flow and future appreciation. Property is being sold AS-IS. Seller will make no repairs. Buyers to verify all information deemed important. Schedule your showing today and explore the potential this income-producing duplex has to offer!
East Hill living and a luxury House-hack opportunity like no other! Four unit conversion in East Hill. Downstairs consists of a 2/1 with large completed updated kitchen and living area. Along with this unit, you have another efficiency 1/1 with an updated tile shower, wet bar, hot plate and convection oven. Upstairs, through a separate entrance, you have two more units. The unit on the backside of the house is a 2/1 with a fully remodeled bath and kitchenette with similar appliances as the downstairs. The second unit has a similar kitchen and fully remodeled bathroom with stand alone tub, tile shower and upgraded vanity. A shared laundry room with separate entrance available on the first floor as well. This home is full of upgrades and would act as the perfect house-hack for someone who wants to live in East Hill but not pay the price for what it commands. Down the road from the old hospital, this property is walking distance to the brewery, pizza shop, gelato, and the adjacent park. Perfect downtown living. Reach out to your realtor!
Rarely does a property combine the character of Historic North Hill with the flexibility, privacy, and income potential offered here. Built circa 1919 as a purpose-built fourplex, this property was designed as a multi-family residence rather than a single-family home converted into apartments. The two downstairs units have been combined into an approximately 2,800 square foot owner's residence with 4 bedrooms and 2 bathrooms, while preserving two separate upstairs apartments of approximately 1,500 square feet each. Each upstairs unit offers 2 bedrooms and 1 bathroom. The current configuration offers flexibility and potential to restore the original four-unit layout, subject to buyer verification and approvals. Each residence enjoys a private entrance, separate utility metering, central HVAC, and functional floor plan. Each upstairs apartment includes a flex room overlooking W Strong Street, ideal for a home office. Architectural details include hardwood floors, extensive millwork, abundant built-ins, interior columns, high ceilings, and classic clawfoot tubs. The owner's residence features a covered front porch and partially covered rear patio, while each upstairs apartment enjoys an oversized private balcony. Situated on an unusually deep lot, the property features a New Orleans-inspired courtyard. Surrounded by mature landscaping and greenery, the courtyard provides a peaceful setting for entertaining or outdoor dining. The outdoor space is exceptional today, yet still leaves room for a future owner to explore possibilities such as a pool, garage, or other outdoor enhancements, subject to buyer verification of zoning, historic district requirements, and other applicable regulations. Located minutes from Downtown Pensacola, Pensacola Beach, shopping, dining, and entertainment, this is a rare opportunity to own one of North Hill's most distinctive income-producing properties. Floor plans, lease information, and additional photos available upon request.
RARE MULTI-UNIT INVESTMENT OPPORTUNITY ON OVERSIZED LOT Don’t miss this unique opportunity to own a versatile dual-home property situated on a sprawling 0.79-acre lot in the heart of Pensacola. The property features a 4-bedroom, 1-bathroom main residence with a 2-car garage, along with a separate 1-bedroom, 1-bathroom guest house—ideal for longterm rental income, short-term rental/Airbnb, or multi-generational living. Both homes are equipped with durable metal roofs installed in 2020, offering peace of mind for years to come. The layout provides flexibility and potential for strong cash flow, with the ability to live in one unit while renting the other or lease both for maximum income. Conveniently located near Pensacola Christian College and Academy, the property benefits from consistent rental demand. With no HOA restrictions, ample land, and multiple income strategies, this is a rare find for investors and homeowners alike. Schedule your showing today to explore the full potential of this one-of-a-kind property.
Excellent opportunity to own a well-maintained duplex in Pensacola offering strong income potential and long-term investment value. Whether you are looking to expand your portfolio, house hack by living in one unit while offsetting your mortgage with rental income from the other, or secure a turnkey multi-family property, this duplex offers flexibility and proven performance. Both units are 2 bedrooms with 1 bath & have been thoughtfully updated and carefully maintained. Unit B features commercial-grade luxury vinyl plank flooring, updated cabinetry, fresh paint, new appliances, and a fully renovated bathroom completed in 2023. Unit A includes updated appliances, refreshed cabinetry, and bathroom updates. Exterior improvements include fresh paint and updated lighting fixtures, completed in 2022. Major systems have been consistently maintained, including newer HVAC systems and water heaters. Tenants pay all utilities, helping keep operating expenses low and maximizing investment efficiency. The property has demonstrated strong rental stability with minimal vacancy history and excellent income-producing potential. Conveniently located near NAS Pensacola, shopping, dining, schools, and Gulf Coast beaches, this property offers an attractive combination of cash flow opportunity and lifestyle convenience.
Exceptional new construction investment opportunity featuring two duplexes on one parcel! The duplex at the front of the lot offers two 2-bedroom, 2-bathroom units, each spanning approximately 933 square feet 1,866 total under roof), while the rear duplex features two larger 3-bedroom, 2-bathroom units at approximately 1,128 square feet each (2,256 total under roof). Each unit will include dedicated parking directly in front, complete with striped spaces and parking bumpers. Estimated for completion by the end of August 2026, the property will showcase durable, modern finishes throughout. Interiors will feature quartz countertops in both kitchens and bathrooms, complemented by stainless steel GE or Samsung appliances, including a French door refrigerator, slide-in range, built-in microwave, and dishwasher. Antique bronze hardware adds a cohesive, upscale touch across doors, cabinetry, and bath fixtures, while luxury vinyl plank flooring runs seamlessly throughout each unit. Built with longevity in mind, the exterior will feature concrete Hardie board siding and a 30-year GAF Timberline architectural shingle roof. Ideally located near local schools and just minutes from Mobile Highway, the property provides easy access for commuting, shopping, and dining. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the others, this property presents a rare opportunity to secure new construction with built-in cash flow potential.
PRIME BRICK DUPLEX ON CORNER LOT IN CENTRAL PART OF HIGHLY SOUGHT AFTER EAST HILL. Walkable tree lined quaint streets, friendly , well known neighborhood where people want to live. Invest and Profit--- Terrific and perfect Investment opportunity-live in one side and rent the other to boost your cash flow. Past revenue figures for furnished short term rental grossed an impressive $85,094.33 (2024 Air B & B) Both units updated and in TOP MOVE-IN CONDITION. Each unit is approximately 1703 sq ft with total of 3406 for the building. Both units are 3BR/2.5 BA. Last 4 yrs: new HVAC, Roof, Water heater, kitchen appliances, countertops, flooring. some plumbing fixtures, paint, irrigation system. Each unit has a well appointed kitchen with lots of light pouring in, laundry room and outside storage room/workshop. 2 covered parking spots plus extra open parking area. This prime property located on Lakeview, one of Pensacola's most beautiful streets, EZ walk or bike to Bayview Park with water access, Restaurants like East Hill Wine Bar, The Burrow, Ozone Pizza, Alga Beer, LaMonte Gelato, A Mano Panino, Publix, Wild Lemon Pilates, J's Bakery, A Curious Wine Shop, Cactus Flower, and so many more. Galleries, coffee shops, live music galore. Popular bars where friends gather, hair salons, family friendly parks, schools, churches and the ever popular and upscale downtown Palafox entertainment scene. St Christopher's weekly summer concerts right down the street. White sand beaches are 15 minutes away. Min Walk to schools, restaurants, entertainment spots, bakeries, hair salons, parks, churches, etc. . East Hill is an historic area boasting pride of Pensacola's great story--a beloved neighborhood. This is a sensible buy for being your own landlord in your own home with built in short term or long term income potential.
Exceptional opportunity to acquire a fully renovated, income-producing 4-plex in the highly sought-after East Hill neighborhood. The property generates approximately $10,000+ per month in gross rental income, with annual revenue exceeding $120,000. Ideally located just 4 blocks from Publix, 5 minutes to downtown Pensacola, and 15 minutes to the white sands of Pensacola Beach, this meticulously updated property consistently attracts both short-term and extended-stay guests. The property is currently operated as a 4-unit income-producing STR asset or rented as a whole for larger groups. It may also qualify for FHA financing, which allows an owner-occupant buyer to live in one unit while using the remaining units as income-producing rentals. The property features four thoughtfully designed units (A–D) with a versatile mix of layouts: Unit A offers a spacious king bedroom, full kitchen, and private laundry room. Unit B features a king suite with updated bath and a standout outdoor entertaining area complete with fire pit, grill, and dining space. Unit C is a fully renovated second-floor 2BR with dual king suites, smart TVs, and comfortable living space suited for families or groups. Units B & C have shared laundry utilities. Unit D is a stylish studio with a king bed, walk-in rain shower, in-unit laundry, and private deck with outdoor seating and grill. Recent improvements include full roof replacement in 2021, updated plumbing in B/C laundry area and installation of tankless water heater, all completed by a licensed plumber, enhancing efficiency and long-term reliability. The property demonstrates consistent rental performance with established income history and immediate cash flow potential for its new owner. Contact for showings of available units. Financial documents furnished upon request. The property is currently fully furnished, with furnishings available for purchase or negotiation with an acceptable offer.
Brand new construction duplex located just minutes from downtown Pensacola. This modern yellow townhome features two spacious units, making it an ideal opportunity for both investors and owner-occupants. Unit A offers 1,324 sqft and Unit B features 1,242 sqft—both thoughtfully designed with 3 bedrooms and 2 bathrooms, providing functional layouts, open living spaces, and contemporary finishes throughout. Built in 2025, this property delivers the benefits of new construction with minimal maintenance and strong long-term rental potential. Conveniently located near downtown, shopping, dining, and major roadways, this is a prime opportunity to own a cash-flowing asset in a growing area.
Brand new construction duplex located just minutes from downtown Pensacola. This modern Red townhome features two spacious units, making it an ideal opportunity for both investors and owner-occupants. Unit A offers 1,324 sqft and Unit B features 1,242 sqft—both thoughtfully designed with 3 bedrooms and 2 bathrooms, providing functional layouts, open living spaces, and contemporary finishes throughout. Built in 2025, this property delivers the benefits of new construction with minimal maintenance and strong long-term rental potential. Conveniently located near downtown, shopping, dining, and major roadways, this is a prime opportunity to own a cash-flowing asset in a growing area.
Brand new construction duplex located just minutes from downtown Pensacola. This modern blue townhome features two spacious units, making it an ideal opportunity for both investors and owner-occupants. Unit A offers 1,324 sqft and Unit B features 1,242 sqft—both thoughtfully designed with 3 bedrooms and 2 bathrooms, providing functional layouts, open living spaces, and contemporary finishes throughout. One unit is already leased at $1,850/month, offering immediate income, while the second unit provides flexibility for additional rental income or owner occupancy. Built in 2025, this property delivers the benefits of new construction with minimal maintenance and strong long-term rental potential. Conveniently located near downtown, shopping, dining, and major roadways, this is a prime opportunity to own a cash-flowing asset in a growing area. 5 Mins From Downtown Pensacola. No HoA
Located in the heart of Pensacola, 4200 W Jackson St. presents a rare opportunity to acquire a commercially zoned, income-producing property with immediate cash flow and future upside. Currently configured as two updated apartments, this property offers strong rental appeal with modernized interiors that attract and retain tenants. Even more compelling, the basement level provides the opportunity to convert into a third unit, creating additional income potential and increased long-term value. The commercial zoning adds flexibility and enhances the investment appeal, making this an excellent option for investors looking to strengthen their portfolio in a growing corridor of Pensacola. With both stabilized income and value-add potential, this property offers versatility that is increasingly hard to find at this price point. For those seeking to expand their footprint, this property can be purchased individually or bundled with 4143 W Gadsden St., an MDR-zoned vacant lot with development potential, or with 4202 W Jackson St., a larger commercial offering that includes a 4-plex and three duplexes. Acquiring multiple parcels together creates a unique opportunity to control a concentrated portfolio with strong income and future development upside. Whether you’re building your portfolio or positioning for long-term growth, 4200 W Jackson St. delivers flexibility, expansion opportunity, and solid investment fundamentals.
Great opportunity! Fantastic location only 8 blocks North of Garden St, and 3 blocks West of Palafox St. Zoned PR-2 North Hill Preservation Multiple-Family District. Currently utilized as a business office, this house can be made into a multi-family property with a 2BR/1.5BA and a 1BR/1BA...or a combination. Use 1 side as a residence, and the other side as an office or rental. Would be a great location for short-term rentals. This property had a 1000sqft addition on built-up slab in 2000, and a major update in 2018, including new roof.
Three One Bedroom rental units just outside Navy Point with quick and easy access to NAS Pensacola! Just two blocks from Navy Point park and boat launch! Property features 2 residential buildings. The first building (1328 SQ ft) is a duplex unit with TWO one bedroom units. Newer roof and recently replaced energy efficient windows as well as a new septic system. The second building (316 Chattman St--498 SqFt) is a cozy 1 bedroom cottage with a screened in patio area. Recently replaced energy efficient windows on this building as well.
Take a look at this great investment opportunity! These two homes in the cozy community of Myrtle Grove in Pensacola have nearby attractions such as the Naval Aviation Museum and the stunning beaches of Perdido Key. For prospective Multifamily / Single Family Rental Portfolio investors, the diverse range of amenities and the appeal of this growing coastal city make the location an attractive choice. Great neighborhood. Both homes have back yards for kids and pets to play. There are two houses on one parcel and they share one water meter. They do have separate electric service, and 907 has gas service for the central HVAC and water heater. 909 has window AC units. 907 N 57th Ave has 3 bedrooms and 2 baths. 909 N 57th Ave has 1 bedroom and 1 bathroom. The roof on 907 was replaced in 2019 for the house and 2018 for the shed. The roof on 909 was replaced in 2016. The lease on 907 is $1,195.00/month and expires on November 30th, 2026. The lease on 909 is $895.00/month and expires on February 28, 2027.
Property Type: Duplex (Residential Income) Location: Pensacola, FL Units: 2 (Each 3 Beds / 2 Baths) Total Sq Ft: 2,352 (Approx. 1,176 sqft per unit) Year Built: 2025 Parking: 8–10 off-street spaces Status: One Unit Vacant / One Unit Tenant-Occupied New Construction Duplex – One Unit Vacant Newly constructed duplex built in 2025. One unit is currently vacant and move-in ready, while the second unit is tenant-occupied with an active lease, providing rental income at closing. Each mirrored unit includes three bedrooms and two full bathrooms with open-concept layouts and modern finishes. Interior features include quartz countertops, stainless steel appliances, luxury vinyl plank flooring, washer/dryer hookups, and a primary suite with walk-in closet and dual vanity. The property allows for owner occupancy in the vacant unit while maintaining rental income from the occupied unit, or continued use as a full investment property. Situated on a corner lot with approximately 8–10 off-street parking spaces. Energy-efficient features include a heat pump HVAC system, insulated walls, and a tankless water heater. The existing lease transfers with the property. At lease end, the landlord may renew or terminate with proper notice. Convenient Pensacola location with access to downtown, schools, shopping, and major transportation routes. Tenant-occupied unit—do not disturb.
Investor’s Dream on Bayou Grande! Don’t miss this rare opportunity to own a waterfront quad-plex featuring four 1-bed/1-bath units Perfectly positioned for long-term or short-term rental income, this well-maintained property offers direct water access, a tranquil setting, and strong rental potential. Whether you're expanding your portfolio or looking for a cash-flowing asset in a high-demand area, this is a must-see!
Great investment opportunity. All are HUD Section 8 eligible (607 reinspected by HUD in July 2025).Three tenant occupied townhomes. Each unit consists of 2 bedrooms, three baths (two half baths & one full bath) and 1100 square feet, covered rear balcony. New A/C for 611 in June 2023. Unit 609 repainted with new flooring installed. Seller has roofer ready to install new roof on entire building with acceptable offer.
Pensacola is located in Florida. Pensacola, Florida has a population of 53,845. Pensacola is less family-centric than the surrounding county with 21.73% of the households containing married families with children. The county average for households married with children is 22.79%.
The median household income in Pensacola, Florida is $59,119. The median household income for the surrounding county is $56,605 compared to the national median of $69,021. The median age of people living in Pensacola is 38.4 years.
The average high temperature in July is 89.8 degrees, with an average low temperature in January of 41.7 degrees. The average rainfall is approximately 64.4 inches per year, with 0 inches of snow per year.
