$6,234

closing credit¹

615 N Spring St Pensacola, FL 32501

$525,000
4 beds
4 full
Multi-Family

Property details

About 615 N Spring St

Located in the heart of the North Hill Historic District, this stately multi-family property blends historic charm with modern income potential. Originally built by the esteemed Moreno family, the home retains its architectural elegance while offering exceptional versatility. Whether used for long-term rentals, short-term stays, boutique commercial use, or an owner-occupied home w/supplemental income, this property offers a unique investment opportunity in one of Pensacola’s most sought-after locations. Inside, high ceilings, intricate moldings, original heart pine floors, and multiple fireplaces highlight its timeless character. A charming upstairs covered balcony overlooking Spring Street provides a perfect outdoor retreat. The building features high-functioning residential floor plans and includes a detached carport w/storage room. Unit 1 is a 1-bedroom, 1-bath downstairs residence featuring 2 fireplaces, functional pocket doors, built-in bookshelves, and abundant natural light. Unit 2, also a 1-bedroom, 1-bath downstairs, offers high ceilings and a beautifully preserved original fireplace. Unit 3, a spacious 2-bedroom, 2-bath comprising the entire upstairs, stands out with a private balcony, a renovated kitchen (2023), and a master bedroom with two large closets. Both bathrooms in Unit 3 feature classic clawfoot tubs. Coin laundry is available on-site. A new roof & other recent updates reflect the seller’s commitment to preserving the property’s integrity. Units are individually metered for electric; the owner covers electric for common areas, water/sewer, and trash. Current zoning allows for selective commercial use, enhancing investment potential. Minutes from downtown Pensacola’s dining, shopping, and business district, this property ensures strong tenant demand and income potential. Whether you’re an investor, homeowner, or entrepreneur, this is a rare opportunity to own a piece of Pensacola’s rich history. Additional information is available upon request.

Highlights

Home typeTriplex
HeatingCentral, Fireplace(s)
StatusActive
CoolingCentral Air
Year built1908
ParkingCarport, Driveway, On Street
MLS #658417
FireplaceTwo or More

Summary

  • MLS Number: 658417
  • MLS Name: Pensacola MLS
  • Office Name: KELLER WILLIAMS REALTY GULF COAST
  • Office Phone: (850) 471-5000
  • Listing Agent: Matthew Jones

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: 2/5/2025, 10:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade with a balcony and a porch

$525,000

615 N Spring St

$6,234

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 03, 2006
Home Sold
$290,000
Mar 15, 2005
Home Sold
$229,900

Tax history

YearAssessmentProperty Tax
2023$214,340$3,721
2022$201,306$3,404
2021$177,141$3,404
2020$164,623$2,887
2019$152,891$2,588
2018$147,543$2,428

History based on county public records data.

Nearby schools

7

N. B. Cook Elementary School

Public Magnet PK-5

1.2 mi

1310 N 12th Ave

1

Global Learning Academy

Public District PK-5

1.4 mi

100 N P St

4

C. A. Weis Elementary School

Public District PK-5

2.0 mi

2701 N Q St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $24,227. Residents of Pensacola, FL typically earn less than $<35k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

64%
<35k
29%
35k-100k
6%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

69%
Single, No Kids
13%
Single, with Kids
13%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
7%
12-17 yrs old
26%
18-34 yrs old
44%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • NBA/WNBANBA/WNBA
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Express/Express For MenExpress/Express For Men
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Burger KingBurger King
  • StarbucksStarbucks
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • BuickBuick
  • PontiacPontiac
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

This home is located at 615 N Spring St in Pensacola, FL and zip code 32501 in the Saint John Coalition neighborhood. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 3, 2025 and is currently priced at $525,000.

In January 2025 more than 18 listings in Pensacola, FL were sold above the asking price. During the same period more than 68 listings were sold at asking price, while more than 128 were sold below. The inventory of homes for sale in Pensacola, FL between December and January 2025 increased by 7.3%. The median list price of listings available in January 2025 was $285,303, while the average time on the real estate market was 84 days.

From Rocket Homes Real Estate and based on county public records data.

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