608 N 9th Ave, Pensacola, FL 32501
Local realty services provided by:ERA Old South Properties, Inc.
608 N 9th Ave,Pensacola, FL 32501
$550,000
- 4 Beds
- 3 Baths
- 1,300 sq. ft.
- Single family
- Active
Listed by: katie anderson
Office: keller williams realty gulf coast
MLS#:685487
Source:FL_PMLS
Price summary
- Price:$550,000
- Price per sq. ft.:$423.08
About this home
*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....
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Home facts
- Year built:1936
- Subdivision & Development:New City Tract
- Listing ID #:685487
- Added:88 day(s) ago
- Updated:September 29, 2026 at 03:46 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Hardwood
- Dining Description:Kitchen/Dining Combo
- Kitchen Description:Electric Water Heater
- Living area:1,300 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1936
- Building area:1,300 sq. ft.
- Lot Features:Central Access
- Architectural Style:Cottage, Single Family Residence
- Construction Materials:Frame
- Exterior Features:Patio, Porch
- Foundation Description:Pillar/Post/Pier
- Levels:1 Story
Schools
- High school:Pensacola
- Middle school:WORKMAN
- Elementary school:A.K. Suter
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$550,000
- Price per sq. ft.:$423.08
Features and amenities
- Amenities:Attached Self Contained Living Area, Electric Water Heater
Parking
- Total parking spaces:1
- Parking description:Carport
- Carport spaces:1
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