Homes for sale - 705 W Garden St, Pensacola, FL 32502

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Gordon Dey

hello@gordondeysrealestate.com +1(850) 748-0575

Listed by Aaron Robison • POINTE SOUTH

$ 1,990,000

Est. payment | -/mo

6,540 SqFt

Save

$ 1,990,000

Est. payment | -/mo

Save

6,540 SqFt

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 6,540 sqft

Price per Sqft $304

Subdivision Maxent Tract

MLS Listing ID 650667

HOA Y/N No

Originating Board Pensacola MLS

Year Built 1908

Property Description

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.

Location

State FL

County Escambia

Zoning Commercial

Rooms

Other Rooms Workshop/Storage

Kitchen Desk

Interior

Heating Wall/Window Unit(s)

Cooling Ceiling Fan(s), Multi Units, Gas, Wall/Window Unit(s)

Flooring Wood

Fireplaces Type Two or More

Fireplace true

Appliance Water Heater, Dryer, Washer, Dishwasher, Disposal, Microwave, Refrigerator

Exterior

Exterior Feature Balcony

Fence Back Yard, Chain Link, Full

View Y/N No

Roof Type Shingle

Building

Lot Description Central Access

Faces Located on the South side of Garden Street. Nearest cross street is A street.

Story 2

Structure Type Block,Brick,Frame

New Construction No

Others

Tax ID 000S009080002058

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(850) 748-0575

hello@gordondeysrealestate.com

731 Pensacola Beach Blvd, Pensacola Beach, Florida, 32561, USA

705 W Garden St Pensacola, FL 32502