705 W Garden St
Pensacola, FL 32502
-- Bed-- Bath550 Sq Ft305 Days on Market
For Sale $1,590,000
Save
Courtesy of POINTE SOUTH
Listing Agent & Comments
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.
MLS# 650667 • Data provided by PARMLS
Living Area | 550 Sq.Ft. |
---|---|
Lot Size | 8,237 Sq.Ft. |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | -- |
Stories | 2 |
Year Built | 1908 |
Property Type | Multifamily |
Zoning | C-3 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $7,516 |
Property in Flood Zone | -- |
Basement | -- |
Pool | No |
Data provided by PARMLS.
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HouseCanary, Inc. Brokerage
705 W Garden St., Pensacola, FL 32502
Multifamily-- Bed-- Bath550 Sq Ft305 Days on Market
Listing Agent & Comments
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.
MLS# 650667 • Data provided by PARMLS
Living Area | 550 Sq.Ft. |
---|---|
Lot Size | 8,237 Sq.Ft. |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | -- |
Stories | 2 |
Year Built | 1908 |
Property Type | Multifamily |
Zoning | C-3 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $7,516 |
Property in Flood Zone | -- |
Basement | -- |
Pool | No |
Data provided by PARMLS.
This property is missing data for:
Comparable properties and forecast
New
Do you own this home?
Access your homeowner dashboard
For Sale $1,590,000
Save
Courtesy of POINTE SOUTH
705 W Garden St
Pensacola, FL 32502
-- Bed-- Bath550 Sq Ft305 Days on Market
Listing Agent & Comments
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.
MLS# 650667 • Data provided by PARMLS
Living Area | 550 Sq.Ft. |
---|---|
Lot Size | 8,237 Sq.Ft. |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | -- |
Stories | 2 |
Year Built | 1908 |
Property Type | Multifamily |
Zoning | C-3 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $7,516 |
Property in Flood Zone | -- |
Basement | -- |
Pool | No |
Data provided by PARMLS.
This property is missing data for:
Comparable properties and forecast
New
Do you own this home?
Access your homeowner dashboard
For Sale $1,590,000
Save
Courtesy of POINTE SOUTH