Homes for sale - 729 Lownde Ave, Pensacola, FL 32507

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Alysa Algiere

alabamafloridahomes@gmail.com +1(850) 324-4130

Listed by Matthew Jones • KELLER WILLIAMS REALTY GULF COAST

$ 595,000

Est. payment | -/mo

8 Beds

4 Baths

2,808 SqFt

Save

$ 595,000

Est. payment | -/mo

Save

8 Beds

4 Baths

2,808 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,808 sqft

Price per Sqft $211

Subdivision Beach Haven

MLS Listing ID 671704

Bedrooms 8

Full Baths 4

HOA Y/N Yes

Year Built 1965

Property Sub-Type Quadruplex

Source Pensacola MLS

Property Description

Well-built and uniquely private, this fourplex offers an incredible investment opportunity less than half a mile from Bayou Grande at the end of the road. Each unit features 2 bedrooms, 1 bathroom, durable tile flooring throughout, an open living/kitchen layout, and washer/dryer connections. Kitchens are designed with an island, tiled backsplash, dishwasher, electric range, and refrigerator. Three of the units also include owner-supplied stackable washer/dryers that will convey with the sale. Currently, two units are leased at $1,300 and $1,400 per month, one is freshly vacant, and one is owner-occupied—making this an ideal scenario for a buyer looking to live in one unit and rent the others for additional income. Tenants pay their own electric and internet, keeping operating expenses low. The owner covers water, which averages under $40/month in normal use, with higher bills of $90–$110 only when irrigation is in use, as well as common-area lighting (approx. $65/month) and trash service ($113/month). Recent upgrades include all new double-pane vinyl windows and sliding glass doors with a transferrable lifetime warranty, plus a full exterior paint job. A small storage space under the exterior stairs adds convenience, and block construction paired with tile interiors helps keep ongoing maintenance minimal. With immediate rental income in place, updated systems, and prime flexibility for owner-occupants or investors, 729 Lownde Ave is a rare find in today's market. Whether you're looking to expand your portfolio or offset your housing costs by house hacking, this property delivers both stability and upside potential. The seller is open to owner financing with a reasonable down payment and acceptable interest rate.

Location

State FL

County Escambia - Fl

Zoning Res Multi

Rooms

Other Rooms Storage

Kitchen Granite Counters, Kitchen Island, Laminate Counters

Interior

Interior Features Baseboards

Heating Central

Cooling Central Air

Flooring Tile

Appliance Electric Water Heater, Built In Microwave, Dishwasher, Refrigerator

Exterior

Exterior Feature Balcony, Sprinkler, Rain Gutters

Parking Features Parking Lot

Pool None

Utilities Available Cable Available

View Y/N No

Roof Type Flat

Garage No

Building

Lot Description Interior Lot

Faces Heading west on Gulf Beach Highway, turn left on Wayne Avenue, then left on Graupera St., then left on Lownde, 4-plex is at the end of the stree

Story 2

Structure Type Block

New Construction No

Others

HOA Fee Include Water/Sewer

Tax ID 352S311000016150

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+1(850) 324-4130

alabamafloridahomes@gmail.com

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