$10,000 Closing Credit¹
#644798, Mark Lee, Listing Office: Levin Rinke Realty
$1,690,000 List price
705 W Garden St Pensacola, FL 32502
$10,000
Closing credit¹
Condo
Property details
About 705 W Garden St
Price Drop of $200K. Looking for a great and unique investment opportunity? Look no further! This incredible historic home in downtown has been lovingly renovated into nine private apartments surrounded by gardens and patios and within walking distance of Palafox Street. This home is a perfect blend of classic charm with modern amenities. Apartments feature wood floors, tiled baths, stained glass, transom lights, some with gas/electric fireplaces, and beautiful woodworking including board and beam ceilings in some of the units. Units vary in size from studio apartments (3), one bedroom suites (5) and one very beautiful and spacious three bedroom two bath apartment. Eight of the nine apartments fully restored and functioning as very successful short term rentals. The projected 20% ROI based on 2023 numbers makes it even more attractive. Plus, the artisan brickwork and surrounding gardens add significant curb appeal, enhancing its overall value.
Highlights
Home typeCondominium
HeatingWall/Window Unit(s)
StatusActive
CoolingCeiling Fan(s), Multi Unit(s), Gas, Wall/Window Unit(s)
Year built1908
MLS #650667
FireplaceTwo or More
Summary
- MLS Number: 650667
- MLS Name: Pensacola MLS
- Office Name: POINTE SOUTH
- Office Phone: (850) 492-1826
- Listing Agent: Aaron Robison
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: 3/17/2025, 10:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,690,000
705 W Garden St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 02, 2022 | Home Sold | $1,300,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $429,897 | $7,406 |
| 2022 | $397,085 | $5,522 |
| 2021 | $373,326 | $5,522 |
| 2020 | $230,703 | $4,964 |
| 2019 | $209,730 | $3,976 |
| 2018 | $266,100 | $3,247 |
History based on county public records data.
Nearby schools
3
Global Learning Academy
Public District PK-5
1.1 mi
•100 N P St
9
N. B. Cook Elementary School
Public Magnet PK-5
1.8 mi
•1310 N 12th Ave
4
C. A. Weis Elementary School
Public District PK-5
2.3 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 $31,167. The majority of Pensacola, FL residents have income less than $<35k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
54%
<35k
29%
35k-100k
11%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
67%
Single, No Kids
11%
Single, with Kids
17%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
5%
12-17 yrs old
21%
18-34 yrs old
45%
35-64 yrs old
20%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Figure Skating
NHRA Drag Racing
Where do the neighbors shop?
Family Dollar
Chico's
Big Lots
Where do the neighbors go to eat?
White Castle
Bob Evans
Golden Corral
What do the neighbors drive?
Chevrolet
Oldsmobile
Kia
What do the neighbors listen to?
Rock
News
Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 705 W Garden St
This home is located at 705 W Garden St in Pensacola, FL and zip code 32502 in the Downtown Pensacola neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since August 14, 2024 and is currently priced at $1,690,000.
While more than 29 listings in Pensacola, FL in February 2025 were sold above asking price, there were more than 54 listings sold at asking price, and more than 158 were sold below. The number of homes for sale in Pensacola, FL increased by 11.7% between January and February 2025. In February 2025, listings were on the market for 72 days. During the same period, the median list price in this real estate market was $285,090.
From Rocket Homes Real Estate and based on county public records data.