#643152, Amity Nowling, Listing Office: Crystal Shores 2 Inc.
$5,639
closing credit¹
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
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Last updated on: 2/10/2025, 4:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![exterior space featuring a yard](/homes/listing-images/49713140_S0474/S0474/S0474-R0100/8b89c067065fb3658c79181b630dd37a/8b89c067065fb3658c79181b630dd37a-m1.jpg?version=1732909226&width=640)
$474,900
509 N L St
$5,639
closing credit¹
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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
1
Global Learning Academy
Public District PK-5
0.4 mi
•100 N P St
2
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. Most families are single, no kids. The majority of 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.
In January 2025, from all listings sold in Pensacola, FL there were more than 18 sold above asking price, over 128 sold below and more than 68 were sold right at the asked price. The number of listings in Pensacola, FL increased by 7.3% between December and January 2025. Listings spent 84 days on the market in January 2025, and had a median list price of $285,303 during the same period.