Backup offers
$4,750 Closing Credit¹
#651322, Russell Gillis, Listing Office: aDoor Real Estate LLC
$429,000 List price
1408 Dr Martin Luther King Jr Dr Pensacola, FL 32503
$5,094
Closing credit¹
3 beds
1 full
1,240 sqft
0.2 acres
$346 / sqft
House
Property details
About 1408 Dr Martin Luther King Jr Dr
Great Private Home near Downtown and 15 minutes to Pensacola Beach! Includes upscale 25x8 Tiny Home that is a perfect accessory dwelling for any purpose. This property has been operating as a successful short term rental with two separate listings and healthy cash flow. Fully renovated to enhance historical features like all wood floors while adding convenience and beauty of modern design. Enjoy the full privacy of custom wood fencing surrounding the property. Tiny home comes with a stock tank pool. This is a must see property and has rare benefits and amenities you wont see in other listings. Schedule your tour or video tour today!
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size1,240 sqft
Lot size0.18 Acres
Year built1918
ParkingDriveway, On Street
MLS #656429
Summary
- MLS Number: 656429
- MLS Name: Pensacola MLS
- Office Name: EXP Realty, LLC
- Office Phone: (888) 883-8509
- Listing Agent: Tom Elkins
Copyright © 2025 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/10/2025, 12:55:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$429,000
1408 Dr Martin Luther King Jr Dr
$5,094
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 20, 2018 | Home Sold | $82,000 |
| Jul 19, 2011 | Home Sold | $19,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $64,422 | $1,449 |
| 2022 | $115,276 | $1,349 |
| 2021 | $53,242 | $1,349 |
| 2020 | $48,497 | $884 |
| 2019 | $46,264 | $857 |
| 2018 | $45,842 | $809 |
History based on county public records data.
Nearby schools
9
N. B. Cook Elementary School
Public Magnet PK-5
0.6 mi
•1310 N 12th Ave
2
O. J. Semmes Elementary School
Public District PK-5
1.5 mi
•1250 E Texar Dr
6
Suter Elementary School
Public District KG-5
1.8 mi
•501 Pickens Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $26,017. The majority of Pensacola, FL residents have income less than $<35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
65%
<35k
28%
35k-100k
2%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
58%
Single, No Kids
25%
Single, with Kids
11%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
9%
12-17 yrs old
23%
18-34 yrs old
40%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
NHRA Drag Racing
UFC- Pro Boxing
Where do the neighbors shop?
Big Lots
Family Dollar
Burlington
Where do the neighbors go to eat?
Golden Corral
Burger King
White Castle
What do the neighbors drive?
Kia
Buick
Chevrolet
What do the neighbors listen to?
Adult Standards
Urban Contemporary
Rock
All data provided by Home Junction and Claritas
Similar homes for sale
$5,884 Closing Credit¹
#657430, Lisa Renfroe, Listing Office: Levin Rinke Realty
Backup offers
$4,453 Closing Credit¹
#644637, Drew Hardgrave, Listing Office: LPT Realty
$4,263 Closing Credit¹
#658583, Jj Colla, Listing Office: HARGROVE REALTY
New - 6 days on Rocket
$4,902 Closing Credit¹
#659991, Renee Borden, Listing Office: Wren Realty Group LLC
New - 4 days on Rocket3D tour
$5,047 Closing Credit¹
#659785, Ryan Ruebenson, Listing Office: TEAM SANDY BLANTON REALTY, INC
$4,144 Closing Credit¹
#658515, Christina Brunet Sabastia, Listing Office: Levin Rinke Realty
$5,047 Closing Credit¹
#657410, Genevieve Fortner, Listing Office: Levin Rinke Realty
Backup offers
$5,047 Closing Credit¹
#658253, David Gruden, Listing Office: Key Impressions LLC
$4,832 Closing Credit¹
#649755, Stephen Larcher, Listing Office: Levin Rinke Realty
Frequently asked questions
About 1408 Dr Martin Luther King Jr Dr
This home is located at 1408 Dr Martin Luther King Jr Dr in Pensacola, FL and zip code 32503 in the East Downtown Pensacola neighborhood. This 1,240 square foot home, which was built in 1918, sits on a 0.18 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $429,000.
Pensacola, FL housing market in February 2025 saw over 29 listings sold above listed price, more than 54 sold at listed price and over 158 sold below. The inventory of homes for sale in Pensacola, FL between January and February 2025 increased by 11.7%. While the average time on the market in February 2025 was 72 days, the median list price was $285,090.
From Rocket Homes Real Estate and based on county public records data.