668 72nd Ave, Pensacola, FL 32506
Local realty services provided by:ERA American Real Estate



668 72nd Ave,Pensacola, FL 32506
$1,650,000
- - Beds
- 12 Baths
- 9,200 sq. ft.
- Multi-family
- Active
Listed by:michelle downey
Office:mark downey & associates, inc.
MLS#:667452
Source:FL_PMLS
Price summary
- Price:$1,650,000
- Price per sq. ft.:$179.35
About this home
MORE PICTURES COMING SOON!! 3 Quadraplex Units (12 total units) with income in the range of $180,000 annually w/ potential for more * Most units have been updated with some having major updates or modifications to make them more desirable and modern, not to mention many new features like roofs, a/c units, etc. * We have a pdf attached to this listing that details the rent being collected on each unit...leases will be provided upon an offer being made * All units are currently under strict, lawyer-executed leases with each tenant paying a "utility fee" monthly that adds to the overall profitability of the overall complex * Please see a copy of the map that shows what is owned - but essentially you will own 3/4 of the cul-de-sac, including the private parking lot which has been recently completely paved and is in excellent condition. * There is an additional vacant lot in the complex that is owned by the Listing Broker and can be purchased separately, or part of the transaction, should the buyer so choose to purchase - the zoning can easily be changed to allow the Buyer to build up to a 10 story building with approx 40 units total! Or simply build a 2-3 story building with another 8-12 units. The addtl lot can be purchased for $75k. *** 2 of the quads (8 units) have 1 BR / 1 BA units with 1 quad (4 units) having 2 BR / 1 BA units. * The 1 BR units rent for almost as much as the 2 BR meaning one can probably raise the rents on the 2 BR units.
Contact an agent
Home facts
- Year built:1982
- Listing Id #:667452
- Added:40 day(s) ago
- Updated:August 19, 2025 at 03:02 PM
Rooms and interior
- Total bathrooms:12
- Full bathrooms:12
- Living area:9,200 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Roof:Shingle
- Year built:1982
- Building area:9,200 sq. ft.
Schools
- High school:Escambia
- Middle school:WARRINGTON
- Elementary school:Navy Point
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,650,000
- Price per sq. ft.:$179.35
New listings near 668 72nd Ave
- New$495,000Active3 beds 2 baths1,572 sq. ft.
645 Lost Key Dr, Pensacola, FL 32507
MLS# 669527Listed by: ORANGE BEACH SALES - New$245,000Active3 beds 2 baths1,379 sq. ft.
120 Milton Rd, Pensacola, FL 32507
MLS# 669526Listed by: FATHOM REALTY FL LLC - New$450,000Active6 beds 4 baths2,715 sq. ft.
10030 Autumn Ln, Pensacola, FL 32514
MLS# 669524Listed by: EPIQUE REALTY, INC. - New$399,900Active3 beds 2 baths2,200 sq. ft.
404 Bay Oaks Dr, Pensacola, FL 32506
MLS# 669523Listed by: KELLER WILLIAMS REALTY GULF COAST - New$725,000Active5 beds 3 baths3,645 sq. ft.
2750 Belle Christiane Cir, Pensacola, FL 32503
MLS# 669522Listed by: EMERALD COAST REALTY PROS - New$189,999Active3 beds 2 baths1,402 sq. ft.
8128 Polara Ct, Pensacola, FL 32506
MLS# 669519Listed by: COASTAL REAL ESTATE PROFESSIONALS LLC - New$379,000Active1 beds 1 baths843 sq. ft.
415 E Romana St #104, Pensacola, FL 32502
MLS# 669520Listed by: KUHN REALTY - New$162,500Active2 beds 2 baths1,024 sq. ft.
8134 Stonebrook Dr, Pensacola, FL 32514
MLS# 669506Listed by: REAL BROKER, LLC - New$215,000Active3 beds 2 baths1,366 sq. ft.
1157 Signal Hill Ln, Pensacola, FL 32514
MLS# 669504Listed by: NORTHWEST FLORIDA REALTY GROUP - New$295,000Active0.09 Acres
19 N 9th Ave, Pensacola, FL 32502
MLS# 669498Listed by: KELLER WILLIAMS REALTY GULF COAST