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For sale
  • $529,000

    130 E Nine Mile Rd, Pensacola, FL 32534

    --beds
    --baths
    3,700sqft
    : 
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    Quadruplex
    Built in 1984
    -- sqft lot
    $500,900 Zestimate®
    $143/sqft
    $-- HOA

    What's special

    Income-producing 4-plex located in a highly desirable area off 9 Mile Road near Highway 29! Each unit features 2 bedrooms and 1 bathrooms, offering strong rental appeal and consistent cash flow from day one. All four units are currently occupied with established leases in place: Current gross monthly income is $4,780, providing immediate returns with built-in upside potential. With lease expirations staggered throughout 2026, an investor has the opportunity to gradually increase rents to market rates while maintaining occupancy. Unit offers added flexibility, as it is converting to a month-to-month lease creating a prime opportunity for an owner-occupant to move in using a VA loan or for an investor to quickly adjust rents to market value. This property is ideally positioned less than one mile from the new Costco currently under construction which will bring significant growth, increased traffic, and long-term appreciation potential to the area. Conveniently located near shopping, dining, schools, and major commuting routes. Perfect opportunity for investors looking to expand their portfolio or for owner-occupants seeking to “house hack” and offset their mortgage with rental income. Don’t miss your chance to own a performing asset in one of Pensacola’s fastest-growing corridors! PLEASE DO NOT DISTURB TENANTS Buyer to verify all measurements and listing description
    51 days
    |
    424
    |
    38
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Joshua Servo 503-989-6885,

    LPT Realty

    Source: PAR,MLS#: 682241MLS Logo

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      Facts & features

      Interior

      Heating
      • Central
      Features
      • Has basement: No
      Interior area
      • Total structure area: 3,700
      • Total interior livable area: 3,700 sqft

      Property

      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Porch
      • Fencing: Partial
      Lot
      • Features: Cul-De-Sac
      Details
      • Parcel number: 081s301003031031

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      Materials
      • Frame
      • Roof: Shingle
      Condition
      • Year built: 1984

      Utilities & green energy

      • Electric: Copper Wiring

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: Pensacola

      Financial & listing details

      • Price per square foot: $143/sqft
      • Tax assessed value: $242,765
      • Annual tax amount: $3,400
      • Price range: $529K - $529K
      • Date on market: 5/7/2026
      • Lease term: Month To Month,7 to 12 Months,12 Months

        Estimated market value

        $500,900

        $476,000 - $526,000

        $1,558/mo

        Price history

        DateEventPrice
        5/7/2026Listed for sale$529,000-70.6%$143/sqft
        Source: PAR #682241 Report a problem
        11/9/2023Sold$1,800,000-9.8%$486/sqft
        Source: PAR #626576 Report a problem
        9/1/2023Contingent$1,995,000$539/sqft
        Source: PAR #626576 Report a problem
        8/29/2023Listed for sale$1,995,000$539/sqft
        Source: PAR #626576 Report a problem
        7/4/2023Contingent$1,995,000$539/sqft
        Source: PAR #626576 Report a problem
        5/8/2023Listed for sale$1,995,000+343.3%$539/sqft
        Source: PAR #626576 Report a problem
        4/28/2022Sold$450,000$122/sqft
        Source: PAR #604666 Report a problem
        3/2/2022Listed for sale$450,000+260%$122/sqft
        Source: PAR #604666 Report a problem
        2/22/2017Sold$125,000+128.5%$34/sqft
        Source: Public Record Report a problem
        10/29/2015Sold$54,700+6.2%$15/sqft
        Source: Public Record Report a problem
        4/8/2015Sold$51,525+14.5%$14/sqft
        Source: Public Record Report a problem
        7/21/2014Sold$45,000-10.2%$12/sqft
        Source: Public Record Report a problem
        3/13/2014Sold$50,100-12.1%$14/sqft
        Source: PAR #453673 Report a problem
        10/15/2013Sold$57,000-13.6%$15/sqft
        Source: Public Record Report a problem
        9/26/2013Pending sale$66,000$18/sqft
        Source: CENTURY 21 AmeriSouth Realty #449873 Report a problem
        9/4/2013Listed for sale$66,000+73.7%$18/sqft
        Source: CENTURY 21 AmeriSouth Realty #449873 Report a problem
        8/9/2013Sold$38,000-5%$10/sqft
        Source: Public Record Report a problem
        5/31/2013Sold$40,000+164.9%$11/sqft
        Source: Public Record Report a problem
        11/7/2012Sold$15,100-74%$4/sqft
        Source: Public Record Report a problem
        5/7/2012Sold$58,000-75.4%$16/sqft
        Source: Public Record Report a problem
        2/27/2008Sold$235,300-4%$64/sqft
        Source: Public Record Report a problem
        5/18/2006Sold$245,000+3.6%$66/sqft
        Source: Public Record Report a problem
        12/22/2005Sold$236,500+25.8%$64/sqft
        Source: Public Record Report a problem
        8/24/2004Sold$188,000+50.4%$51/sqft
        Source: Public Record Report a problem
        8/27/2002Sold$125,000-3.1%$34/sqft
        Source: Public Record Report a problem
        8/16/2001Sold$129,000+3.2%$35/sqft
        Source: Public Record Report a problem
        7/14/1998Sold$125,000$34/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,400 +6.7%$242,765 +12%
        2023$3,188 +7.9%$216,693 +11.7%
        2022$2,954 +8.7%$193,965 +21.2%
        2021$2,717 +4.1%$159,992 +3.4%
        2020$2,609 +6.5%$154,744 +9.1%
        2019$2,450 $141,829 +3%
        2018$2,450 +0.8%$137,660 +9.2%
        2017$2,431 +5.4%$126,024 +7.6%
        2016$2,307 +4.5%$117,113 +2.6%
        2015$2,208 $114,165 -13.7%
        2014$2,208 $132,269 +25%
        2013-- $105,839 -12.8%
        2012-- $121,350 -12.5%
        2011-- $138,620 +291.6%
        2010-- $35,399 -0.4%
        2009-- $35,524
        2008-- $35,524 -16.5%
        2007-- $42,560 -3.3%
        2006-- $44,030 +38.3%
        2005-- $31,840 -9.6%
        2004-- $35,210 +16.1%
        2003-- $30,330

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
          See how much you could borrow to make a competitive offer.

          Climate risks

          Neighborhood: 32534

          Getting around

          56 / 100
          Somewhat Walkable
          25 / 100
          Some Transit
          54 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Mcarthur
          • Middle: FERRY PASS
          • High: Tate

          Source: PAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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