• 1601 E Cervantes, Pensacola, FL 32501 Main Photo

1601 E Cervantes
Pensacola, FL 32501

$725,000

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Listing Details

  • $725,000
  • MLS# 680916
  • Type Multi Unit - Multiple
  • Status Active
  • 80x132
    Lot Size
  • 1933
    Year Built

Listed By

Agency Name: Better Homes And Gardens Real Estate Main Street Properties
Agency Phone: 850-912-4123

Shown By

Agent Name: Michelle Fulford
Agent Phone: (850) 291-0083
Agency Title: Levin Rinke Realty

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Home Value Estimate


Description

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...read more

Features

  • Tankless Water Heater
  • Multi Units, Central Air, Wall/Window Unit(s)
  • Hardwood
  • Central, Wall/Window Unit(s), Fireplace(s)
  • Public
  • Built in 1933

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Pixel Lets search the best buys of Perdido Key Real Estate Contact Michelle Fulford of Levin Rinke Realty, your Perdido Key, West Side Pensacola, and Downtown Pensacola Expert