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Alysa Algiere

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

Listed by Erik Hansen • KELLER WILLIAMS REALTY GULF COAST

$ 395,000

Est. payment | -/mo

5 Beds

3 Baths

2,763 SqFt

Save

$ 395,000

Est. payment | -/mo

Save

5 Beds

3 Baths

2,763 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,763 sqft

Price per Sqft $142

MLS Listing ID 686698

Style Traditional

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 1961

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type Single Family Residence

Source Pensacola MLS

Property Description

Discover the incredible potential of this spacious 5-bedroom, 3-full-bathroom home offering 2,763 square feet of living space on a generous 0.28-acre lot. Currently licensed and operating as a successful Assisted Living Facility, this property is fully up to code and presents an outstanding opportunity for investors, entrepreneurs, or homeowners seeking a versatile property with income-producing potential. Designed to provide a warm, homelike environment, this well-maintained residential care home has undergone numerous improvements over the years. In 2018, the garage was converted into a spacious office, a third full bathroom was added, a second HVAC unit was installed, one bathroom was completely remodeled into a fully handicap-accessible bathroom, and a fire sprinkler system, fire alarm system, and standalone generator were installed. The hardwood floors were also professionally refinished. In 2019, the original HVAC system was replaced with a new unit, and in 2020, the property became officially licensed as an Assisted Living Facility. The home's thoughtful layout includes a comfortable sitting area adjacent to the primary suite with its own full bathroom, creating a private retreat for owners or caregivers. Additional features include a welcoming front porch, a screened back porch, a handicap-accessible front entrance with ramp, a spacious backyard, an attached garage, and a large outdoor storage building, providing ample space for equipment and storage. Whether you choose to continue operating the property as an Assisted Living Facility, launch a new business venture, or transform it into your dream single-family residence, the possibilities are endless. With a little TLC and your personal vision, this exceptional property can be tailored to meet your goals. As an added bonus, the property is being offered fully furnished as it is currently operating as a licensed Assisted Living Facility. The furnishings are negotiable with the purchase price.

Location

State FL

County Escambia - Fl

Zoning Mixed Residential Subdiv

Rooms

Dining Room Formal Dining Room

Kitchen Not Updated

Interior

Interior Features Office/Study, Sun Room

Heating Multi Units

Cooling Central Air, Ceiling Fan(s)

Flooring Hardwood, Tile

Appliance Electric Water Heater, Dishwasher, Freezer, Refrigerator

Exterior

Parking Features Oversized, Converted Garage

Fence Privacy

Pool None

View Y/N No

Roof Type See Remarks

Garage Yes

Building

Faces From I-110 North take the fairfield drive exit, turn left onto FL-291 N, turn left on fairfield dr, turn right on market st, house is on corner of market st and michael dr. From US 90 E turn left onto massachusetts Ave, turn right onto market street, house is on the corner of market street and michael drive.

Story 1

Structure Type Block

New Construction No

Others

Tax ID 092S300700110003

Security Features Security System,Smoke Detector(s)

Schools and Properties Nearby

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+1(850) 324-4130

alabamafloridahomes@gmail.com

Learn More About LPT Realty

2910 Michael Dr Pensacola, FL 32505