#658840, Matt Hawkins, Listing Office: KELLER WILLIAMS REALTY GULF COAST
509 N L St Pensacola, FL 32501
Property details
About 509 N L St
Incredible Investment Opportunity in a Prime Location! This well-maintained, brick and vinyl triplex offers an excellent chance to own a multi-family, income-producing property in a fantastic location, just minutes from the Navy Base, hospitals, shopping, and Downtown Pensacola. Featuring two spacious 3-bedroom/2-bath units (approximately 1,450 sq. ft. each) and one 2-bedroom/2-bath unit (approximately 1,225 sq. ft.), each unit is equipped with front and back entrances, inside utility rooms with wash tubs, and ample pantry space, providing added functionality and comfort. The expansive, fenced backyard offers privacy and room for future expansion, including an outbuilding on the lot with water and power connections, making it a potential 4th rental unit or a bonus storage area. Each unit boasts large master bedrooms, vinyl, tile, and carpet flooring, and included kitchen appliances. Unit A is currently rented month-to-month, while Unit B is occupied by the owner. Unit C, currently used as a furnished Airbnb, adds immediate short-term rental income potential. This property features numerous recent updates, including a brand-new roof installed in 2023. Additional amenities include washer/dryers in Units A and C, separate electric meters, and a large parking area for 6 cars! With plenty of opportunities to further improve and maximize rental income, this triplex is a fantastic investment. The large lot size and low-maintenance exterior make this property stand out. Many items in the yard and outbuildings convey with the sale, offering even more value. Don’t miss this chance to own a ready-to-rent property with significant income potential and room to grow! Call today to schedule your showing.
Highlights
(Contingent)
Summary
- MLS Number: 655782
- MLS Name: Pensacola MLS
- Office Name: Levin Rinke Realty
- Office Email: allisonbrandtrealtor@gmail.com
- Listing Agent: Allison Brandt
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: 3/14/2025, 10:20:57 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

$474,900
509 N L St
$5,639
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jan 31, 2003 | Home Sold | $194,900 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $188,857 | $2,665 |
2022 | $183,357 | $2,541 |
2021 | $178,017 | $2,541 |
History based on county public records data.
Nearby schools
3
Global Learning Academy
Public District PK-5
0.4 mi
•100 N P St
3
Oakcrest Elementary School
Public District PK-5
1.5 mi
•1820 Hollywood Ave
4
C. A. Weis Elementary School
Public District PK-5
1.6 mi
•2701 N Q St
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 $27,869. Most Pensacola, FL residents have annual incomes less than $<35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.
Similar homes for sale
This home is located at 509 N L St in Pensacola, FL and zip code 32501 in the Sunny Ridge neighborhood. Features: 4 bathrooms. It has been listed on Rocket Homes since November 29, 2024 and is currently priced at $474,900.
Over 29 listings were sold over their listed price in February 2025 in Pensacola, FL. In the same period over 158 listings were sold below the listed price and 54 listings were sold for the listed price. The number of listings in Pensacola, FL increased by 11.7% between January and February 2025. In February 2025 median list price was $285,090 and the average listing age was 72 days.