$1,959 Closing Credit¹
#657146, Sarah Mayorca, Listing Office: Century 21 Allpoints Realty
$165,000 List price
721/700BLK N 48th Ave Pensacola, FL 32505
$1,959
Closing credit¹
3 beds
1 full
1,228 sqft
0.7 acres
$134 / sqft
House
Property details
About 721/700BLK N 48th Ave
Perfect investment opportunity in the Ravenswood Gardens neighborhood of west Pensacola! This property includes the single-family home at 721 N 48th Ave as well as the adjacent lot (on the NE corner of the block). These lots are currently combined with the homes water meter running across vacant lot to house. Total acreage combined is 0.71 and there is plenty of space to build another home or duplex if desired (no mobile homes though). This single level property features a fenced-in yard with a covered patio on the front of the house, 3 bedrooms, and 1 full bath. The property has been consistently rented with monthly rent of $1050 with the current lease expiring 01/31/2026. Owner financing available with 20-year term for suitable offers with 10% interest and 20% down payment. Zoning information is in attached MDR document on the MLS. Refrigerator, dishwasher, washer/dryer, and window treatments all belong to the tenant and do not convey.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air, Wall/Window Unit(s), Ceiling Fan(s)
Size1,228 sqft
Lot size0.71 Acres
Year built1950
ParkingDriveway, Front Entrance
MLS #652530
Summary
- MLS Number: 652530
- MLS Name: Pensacola MLS
- Office Name: ERIC GLEATON REALTY, INC
- Office Phone: (850) 477-5908
- Listing Agent: Eric Gleaton
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: 4/26/2025, 12:55:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$165,000
721/700BLK N 48th Ave
$1,959
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
4
West Pensacola Elementary School
Public District PK-5
0.4 mi
•801 N 49th Ave
4
Myrtle Grove Elementary School
Public District PK-5
1.2 mi
•6115 Lillian Hwy
3
Sherwood Elementary School
Public District PK-5
1.6 mi
•501 Cherokee Trl
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 $39,528. Most Pensacola, FL residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
44%
<35k
49%
35k-100k
5%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
50%
Single, No Kids
20%
Single, with Kids
18%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
8%
12-17 yrs old
26%
18-34 yrs old
35%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
NHRA Drag Racing
Where do the neighbors shop?
Family Dollar
Burlington
Big Lots
Where do the neighbors go to eat?
White Castle
Church's Chicken
Golden Corral
What do the neighbors drive?
Chevrolet
Kia
Buick
What do the neighbors listen to?
Rock
Urban Adult Contemporary
Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 721/700BLK N 48th Ave
This home is located at 721/700BLK N 48th Ave in Pensacola, FL and zip code 32506 in the West Pensacola neighborhood. This 1,228 square foot home, which was built in 1950, sits on a 0.71 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 17, 2024 and is currently priced at $165,000.
In March 2025 more than 32 listings in Pensacola, FL were sold above the asking price. During the same period more than 74 listings were sold at asking price, while more than 153 were sold below. Between February and March 2025, Pensacola, FL real estate market has seen increase in the number of listings by 15.1%. Listings spent 72 days on the market in March 2025, and had a median list price of $285,138 during the same period.
From Rocket Homes Real Estate and based on county public records data.