#662564, Skyler Freeman, Listing office: EXP Realty, LLC
Property details
About 668 72nd Ave
MORE PICTURES COMING SOON!! 3 Quadraplex Units (12 total units) with income in the range of $180,000 annually w/ potential for more * Most units have been updated with some having major updates or modifications to make them more desirable and modern, not to mention many new features like roofs, a/c units, etc. * We have a pdf attached to this listing that details the rent being collected on each unit...leases will be provided upon an offer being made * All units are currently under strict, lawyer-executed leases with each tenant paying a utility fee monthly that adds to the overall profitability of the overall complex * Please see a copy of the map that shows what is owned - but essentially you will own 3/4 of the cul-de-sac, including the private parking lot which has been recently completely paved and is in excellent condition. * There is an additional vacant lot in the complex that is owned by the Listing Broker and can be purchased separately, or part of the transaction, should the buyer so choose to purchase - the zoning can easily be changed to allow the Buyer to build up to a 10 story building with approx 40 units total! Or simply build a 2-3 story building with another 8-12 units. The addtl lot can be purchased for $75k. *** 2 of the quads (8 units) have 1 BR / 1 BA units with 1 quad (4 units) having 2 BR / 1 BA units. * The 1 BR units rent for almost as much as the 2 BR meaning one can probably raise the rents on the 2 BR units.
Highlights
Summary
- Full Bathrooms: 12
- Appliances: Electric Water Heater, Dishwasher, Refrigerator
- Flooring Type: Tile, Carpet, Laminate
- Interior: Bookcases
- Parking: 2 Space/Unit
- Waterfront: None
- Heating: Central, Fireplace(s)
- Cooling: Central Air
- List Price: $1,650,000
- Lot: Interior Lot
- Directions: Start at intersection of N Navy Blvd and Hwy 98 ~ Head West on Hwy 98 ~ Turn Right onto S 72nd Ave ~ Homes are on the Right
- Year Built: 1982
- Stories: 1
- MLS Number: 667452
- MLS Name: Pensacola MLS
- Office Name: MARK DOWNEY & ASSOCIATES, INC.
- Office Phone: (850) 456-6616
- Listing Agent: Michelle Downey
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Price information
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Nearby schools
3
Navy Point Elementary School
Public District PK-5
1.3 mi
•1321 Patton Dr
4
Myrtle Grove Elementary School
Public District PK-5
1.6 mi
•6115 Lillian Hwy
4
Warrington Elementary School
Public District PK-5
1.9 mi
•220 N Navy Blvd
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 $33,026. The most common annual income of people living in Pensacola, FL is less than $<35k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 668 72nd Ave
The listing price of 668 72nd Ave property is $1,650,000.
The property 668 72nd Ave is a house located in Pensacola, Florida, 32506.
Active Listing: 668 72nd Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 668 72nd Ave are: Navy Point Elementary School (GreatSchools Rating 3/10), Myrtle Grove Elementary School (GreatSchools Rating 4/10), Warrington Elementary School (GreatSchools Rating 4/10), Warrington Middle School (GreatSchools Rating 2/10), Bellview Middle School (GreatSchools Rating 2/10), Brown Barge Middle School (GreatSchools Rating 8/10), Escambia High School (GreatSchools Rating 3/10), Camelot Academy of Escambia County (GreatSchools Rating 1/10), Pensacola High School (GreatSchools Rating 3/10).
The property at 668 72nd Ave has 12 bathrooms.
The year of construction for 668 72nd Ave is 1982.
This home is located at 668 72nd Ave in Pensacola, FL and zip code 32506 in the Myrtle Grove neighborhood. Features: 12 bathrooms. It has been listed on Rocket Homes since July 9, 2025 and is currently priced at $1,650,000.
Pensacola, FL housing market in June 2025 saw over 64 listings sold above listed price, more than 104 sold at listed price and over 220 sold below. Between May and June 2025, Pensacola, FL real estate market has seen increase in the number of listings by 5.2%. In June 2025 median list price was $279,670 and the average listing age was 67 days.