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$895,000   Price Analysis
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522 N 7th Ave
Pensacola, FL 32501
Unknown bed None bath 3,138 SqFt ($285/SqFt)
0.23 acre lot. Built 1885
Listed 2024-02-19, Taxes $3,959
Ⓧ USDA Ineligible
due to price & location

near Pensacola

One of the most historic buildings in downtown Pensacola is now available.

Located in the heart of the Old East Hill Neighborhood and once the home home of Mrs. King, of the family which East and West King Tracts are named after. The property is walking distance to all the amenities of the city center. The building is divided into four charming ap artments all with unique features. Tongue and groove ceilings, original wood floors, exposed brick, fireplaces and pretty custom mill work dress the spaces with style and grace. Each unit has a private entry with decks and porches for lounging. Units also have washers and dryers. The property is being offered fully furnished, turn key and income producing. Currently the building is grossing $96K per year on short term to mid term rentals. In addition the building has new plumbing and 3 new HVAC units. Located in Downtown Pensacola a hop, skip and a jump from th thriving city center. Restaurants, entertainment venues, festivals and festivals are at your disposal. This is the epicenter of the city!

This well maintained income producing building will not last long, call today!


Presented by ERIC MILSTEAD at
Florida's Top Properties, Llc.
Listing Agent Photo

Property MLS #640546 from Pensacola

Boxed Ceilings
Ceiling Fan(s)
Crown Molding
High Ceilings
High Speed Internet
Flooring: Hardwood
Window Features: Some Blinds, Some Drapes

Water Heater
Electric Water Heater
Microwave
Refrigerator
Laundry Features: Inside

Cooling Features: Central Air
Fireplace Features: Two or More
Heating Features: Central
Heating: Yes
Number of Fireplaces: 2

Balcony
Patio And Porch Features: Deck, Porch
Road Responsibility: Public Maintained Road

Lot Description: Historic District
Lot Size Acres: 0.2332415
Lot Size Dimensions: 80x127
Lot Size Square Feet: 10160

Parking Features: Side Entrance

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Global Learning Academy
High School: Pensacola
Middle School: Workman

Pensacola High School is a public high school located approximately 1.4 miles away.
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Global Learning Academy is a public elementary school located approximately 2.1 miles away.
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J. H. Workman Middle School is a public middle school located approximately 4.6 miles away.
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Lighthouse Private Christian Academy is a private elementary, middle and high school located approximately 0.1 miles away.
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Number of Units: 4

Leasable Area Units: Square Feet

Source Listing Status: Active
County: Escambia
Directions: South on 7th Ave from Cervantes. Corner of 7th and La Rua.
Disclaimer: Building to be sold AS IS. Owner is unaware of any defects.
List Price Low: 895000
Source Property Type: Residential Income
Parcel Number: 000S009020004007
Zoning Description: Commercial
Property Subtype: Quadruplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$182,154
$3,959
2021$unknown + $unknown
$165,595
$3,509
2020$unknown + $unknown
$150,541
$3,141
2019$unknown + $unknown
$136,856
$2,805
2018$74,559 + $116,748
$191,307
$2,696
2017$60,501 + $116,748
$177,249
$2,534
2016$54,619 + $72,968
$127,587
$2,120
2015$52,938 + $40,538
$93,476
$1,802
2014$unknown + $unknown
$93,433
$1,744
2013$unknown + $unknown
$131,325
$2,553
2012$unknown + $unknown
$127,863
$2,514
2011$unknown + $unknown
$136,551
$2,699
2010$unknown + $unknown
$124,138
$2,469
2009$unknown + $unknown
$132,137
$2,634
2008$unknown + $unknown
$142,708
$2,808
2007$unknown + $unknown
$143,150
$2,974

Listed 2024-02-19
$895,000
Pensacola
Sold 1986-04-01
$35,000
Public Record

Electric: Copper Wiring
Sewer: Public Sewer
Cable Available
Water Source: Public

Year Built: 1885
Building Area Total: 3138
Building Area Units: Square Feet
Construction Materials: Frame
Foundation Details: Off Grade
Levels: Two
Living Area Units: Square Feet
Property Age: 139
Property Condition: Resale
Roof: Shingle

Security Features: Smoke Detector(s)
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.