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$279,000

Est. payment - /mo

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1,916 SqFt

Active

1111 Polk Ave Pensacola, FL 32507

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Gabby Lara

gabbylara@epique.me +1(850) 985-2848

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,916 sqft

Price per Sqft $145

MLS Listing ID 672271

HOA Y/N No

Year Built 1980

Lot Dimensions 100 x 140

Property Sub-Type Triplex

Source Pensacola MLS

Property Description

Brick triplex with three one bedroom units. Each unit has 638 sqft with a nicely sized kitchen open to the living room and a dining area off to the side. The bedroom has a walk-in closet. Each unit has a covered back patio and a utility room with washer/dryer hookups. There is a wide paved driveway 3 cars wide and 2 - 3 cars deep. The neighborhood has seen a lot of new construction including a couple of very nice houses directly next door. The owner just paid for a roof coating which has a no leak warranty for 5 years. There is a nature reserve a short walk away at the end of the road with a long raised walk path. The Navy Point water front area and boat ramp are only a few minutes drive away. All three units are currently rented. All three units are under leases ending 01/31/26, 03/31/2026, & 05/31/26. One of the units has been freshly renovated and rents for $995/month. The other two units rent for $875 & $700. These could easily be raised to the $995/month amount but would require some cosmetic upgrades. The water, sewer, & trash is currently paid by the owner. Utilities averaged $244/month for all three units total in 2024. The owner also provides lawncare which averaged $73/month for 2024.The interior pictures are from the $995 newly painted etc unit. Please do not disturb tenants. All showings are with appointment only with at least 24 hours notice. More notice may be required to arrange the showing of all three units.

Location

State FL

County Escambia - Fl

Zoning County

Interior

Heating Central

Cooling Central Air

Flooring Tile, Carpet

Appliance Electric Water Heater, Dishwasher, Refrigerator

Exterior

Parking Features Driveway

Pool None

Waterfront Description None

View Y/N No

Roof Type Shingle

Garage No

Building

Lot Description Central Access

Faces Head North off Gulf Beach Hwy on Paulding Ave, turn Left on Cairo & the first Right on to Polk Ave. Triplex is on the left.

Story 1

Water Public

Structure Type Brick

New Construction No

Others

Tax ID 352S311000170125