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$749,000   Price Analysis
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1629 E Lakeview Ave
Pensacola, FL 32503
Unknown bed None bath 2,772 SqFt ($270/SqFt)
Built 1947
Listed 2024-04-25, Taxes $5,758
Ⓧ USDA Ineligible
due to location

near Pensacola

Welcome to the epitome of opportunity in East Hill!

Discover a rare gem in this vibrant neighborhood, featuring three distinct properties on a single expansive lot, offering unparalleled potential for savvy investors or those seeking multifamily living options. Situated in the desirable East Hill neighborhood, this property is surrounded by parks, shopping and dining options, enhancing its appeal to potential tenants and short-term guests alike. Main House: The centerpiece of this property is a charming main house with two bedrooms and two baths, with the possibility to expand by converting the existing sunroom into a third bedroom. Duplex Units: Adjacent to the main house, you'll find a fully-furnished duplex, each unit boasting a generously sized bedroom and bathroom.

These units have a proven track record as successful short-term Airbnb rentals, providing immediate and lucrative income potentil. Investment Highlights - Turnkey Income: All three units are currently leased and ready to generate rental income from day one. Proven Success: These units have a history of high occupancy and the duplex units have operated as successful short-term Airbnbs with positive reviews in the past. Expansion Potential: The main house offers the opportunity to increase its value by adding an extra bedroo m. Multi-Property Package: Diversify your portfolio with three separate rental opportunities on one lot. High Demand Area: East Hill's vibrant community and amenities make it a sought-after location for both long-term tenants and short-term visitors. Dont miss out on this exceptional opportunity to own a piece of East Hill's charm and maximize your investment potential!


Presented by Sophie Grizzle at
1st Class Real Estate Gulf Coast.


Property MLS #644420 from Pensacola

Sun Room

Heating Features: Natural Gas
Heating: Yes

Lot Description: Corner Lot

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Oj Semmes
High School: Pensacola
Middle School: Workman

O. J. Semmes Elementary School is a public elementary school located approximately 1.2 miles away.
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Pensacola High School is a public high school located approximately 1.6 miles away.
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J. H. Workman Middle School is a public middle school located approximately 3.6 miles away.
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Pensacola Private School of Liberal Arts is a private middle and high school located approximately 0.4 miles away.
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Number of Units: 3

Leasable Area Units: Square Feet

Source Listing Status: Active
County: Escambia
Directions: FROM CERVANTES, NORTH ON 17TH TO LAKEVIEW. CORNER OF 17TH AND LAKEVIEW.
Disclaimer: Seller would rather not make repairs.
List Price Low: 749000
Source Property Type: Residential Income
Parcel Number: 000S009025009232, 000S00902500
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$327,327
$5,758
2021$149,170 + $148,400
$297,570
$5,270
2020$131,774 + $148,400
$280,174
$4,897
2019$unknown + $unknown
$264,902
$4,705
2018$115,172 + $148,400
$263,572
$4,460
2017$104,926 + $139,178
$244,104
$4,164
2016$102,467 + $117,649
$220,116
$3,835
2015$97,477 + $101,124
$198,601
$3,529
2014$unknown + $unknown
$164,485
$3,006
2013$unknown + $unknown
$155,197
$2,995
2012$unknown + $unknown
$155,886
$3,040
2011$unknown + $unknown
$160,792
$3,143
2010$unknown + $unknown
$171,467
$3,382
2009$unknown + $unknown
$214,486
$4,239
2008$unknown + $unknown
$218,090
$4,278
2007$unknown + $unknown
$181,260
$4,731

Price Changed 2024-05-22
$749,000
Pensacola
Listed 2024-04-25
$759,000
Pensacola
Sold 1999-12-15
$150,000
Public Record

Electric: Circuit Breakers

Year Built: 1947
Building Area Total: 2772
Building Area Units: Square Feet
Living Area Units: Square Feet
Property Age: 77
Roof: Shingle
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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.