2001 N 61st Ave new Save Request In-Person Tour Request Virtual Tour
Pensacola,FL 32506
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,926 sqft
Price per Sqft $160
MLS Listing ID 674186
Bedrooms 12
Full Baths 7
HOA Y/N No
Year Built 1954
Property Sub-Type Other
Source Pensacola MLS
Property Description
This fully functioning 6-unit income property presents a rare, high-yield investment opportunity with strong existing cash flow and proven performance. Currently operating within a successful short-term rental program, the property delivers consistent bookings and requires no upfront improvements—making it a seamless, turnkey acquisition. Positioned on an expansive parcel, the site includes: Single-Family Unit F: 1,590 sq ft, 3/2 Single-Family Unit E: 1,136 sq ft, 3/1 Duplex Units A & B: 1,000 sq ft each, 2/1 Duplex Units C & D: 600 sq ft each, 1/1 Each unit rents exceptionally well on its own, yet the true financial upside lies in the property's unique ability to host up to 35 guests, outperforming typical STR setups in the area. This scale positions the property for lucrative full-site bookings, weddings, retreats, corporate stays, family gatherings, and group travel—segments that consistently command premium nightly rates and longer stays. Outdoor spaces can be shared or marketed as group-friendly amenities, and with targeted upgrades or strategic branding, the entire site could be elevated into a high-demand boutique rental compound. Projected annual earnings exceed over $200,000, with substantial opportunity to drive revenue even higher through increased marketing, expanding to additional Online Travel Agencies (OTAs), and expanded event-based bookings. All units have been meticulously maintained, allowing investors to step into immediate profitability. Whether you are looking to strengthen your passive-income portfolio or scale into a high-performing hospitality venture, this property offers exceptional current income with significant long-term appreciation potential. See agent for additional financials and documentation.
Location
State FL
County Escambia - Fl
Zoning Res Single
Rooms
Kitchen Granite Counters,Laminate Counters
Interior
Interior Features Storage,Ceiling Fan(s),Recessed Lighting
Heating Multi Units
Cooling Ceiling Fan(s),Central Air
Flooring Vinyl
Fireplace true
Appliance Electric Water Heater,Dishwasher,Freezer,Refrigerator
Exterior
Exterior Feature Barbecue,Fire Pit,Rain Gutters
Parking Features Circular Driveway
Fence Back Yard
View Y/N No
Roof Type Shingle
Garage No
Building
Lot Description Central Access
Faces From Mobile Hwy go West on Fairfield to N 61st Ave and turn Right. Property will be on Left.
Story 1
Water Public
Structure Type Frame
New Construction No
Others
Tax ID 142S305001090001