REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Alysa Algiere

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

Listed by Kyle Mcgee • Levin Rinke Realty

$ 1,500,000

Est. payment | -/mo

1 Bed

1 Bath

7,326 SqFt

Save

$ 1,500,000

Est. payment | -/mo

Save

1 Bed

1 Bath

7,326 SqFt

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 7,326 sqft

Price per Sqft $204

MLS Listing ID 684058

Bedrooms 1

Full Baths 1

HOA Y/N No

Year Built 1982

Property Sub-Type Apartment

Source Pensacola MLS

Property Description

This recently renovated 12-unit apartment building is located just west of Downtown Pensacola and offers investors a turnkey asset with strong in-place income and recent capital improvements. Each unit features a spacious 1-bedroom, 1-bathroom layout with approximately 610 sq. ft. of living space. Interior updates include new flooring, refreshed kitchens with updated cabinets and appliances, and renovated bathrooms, offering a clean and modern rental product for residents. Major exterior improvements include a new roof, new porch railings, and updated stairs, enhancing both curb appeal and long-term durability. The property is conveniently located just 4.4 miles from the NAS Pensacola Main Gate, 2.8 miles from Downtown Pensacola, and approximately 25 minutes from Pensacola Beach. Current effective rents average $1,160 per unit, including a $75 monthly utility fee that covers water, sewer, and trash. Electricity and internet are paid directly by residents. With strong in-place income, recent capital improvements, and a convenient location near major employment and lifestyle drivers, this 12-unit asset is a compelling addition to an investor's portfolio.

Location

State FL

County Escambia - Fl

Rooms

Kitchen Laminate Counters

Interior

Interior Features Ceiling Fan(s), High Speed Internet

Heating Central

Cooling Ceiling Fan(s), Central Air

Appliance Electric Water Heater, Microwave

Exterior

Exterior Feature Balcony

Parking Features Parking Lot

Pool None

Waterfront Description None

View Y/N No

Roof Type Shingle

Garage No

Building

Lot Description Interior Lot

Faces Take W Garden St and turn left onto Barrancas Ave. Then, make a right onto Broadmoor Lane. The building will be on your right.

Story 2

Water Public

Structure Type Brick,Frame

New Construction No

Others

Tax ID 592S302600000001

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(850) 324-4130

alabamafloridahomes@gmail.com

Learn More About LPT Realty

216 Broadmoor Ln Pensacola, FL 32507