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Sold for $870,000
  • $870,000

    2001 N 61st Ave, Pensacola, FL 32506

    12beds
    5,926sqft
    MultiFamily
    Built in 1954
    -- sqft lot
    $-- Zestimate®
    $147/sqft
    $2,372 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,372/mo

    Zestimate® history
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    What's special

    This fully functioning 6-unit income property presents a rare, high-yield investment opportunity with strong existing cash flow and proven performance. Currently operating within a successful short-term rental program, the property delivers consistent bookings and requires no upfront improvements—making it a seamless, turnkey acquisition. Positioned on an expansive parcel, the site includes: Single-Family Unit F: 1,590 sq ft, 3/2 Single-Family Unit E: 1,136 sq ft, 3/1 Duplex Units A & B: 1,000 sq ft each, 2/1 Duplex Units C & D: 600 sq ft each, 1/1 Each unit rents exceptionally well on its own, yet the true financial upside lies in the property’s unique ability to host up to 35 guests, outperforming typical STR setups in the area. This scale positions the property for lucrative full-site bookings, weddings, retreats, corporate stays, family gatherings, and group travel—segments that consistently command premium nightly rates and longer stays. Outdoor spaces can be shared or marketed as group-friendly amenities, and with targeted upgrades or strategic branding, the entire site could be elevated into a high-demand boutique rental compound. Projected annual earnings exceed over $200,000, with substantial opportunity to drive revenue even higher through increased marketing, expanding to additional Online Travel Agencies (OTAs), and expanded event-based bookings. All units have been meticulously maintained, allowing investors to step into immediate profitability. Whether you are looking to strengthen your passive-income portfolio or scale into a high-performing hospitality venture, this property offers exceptional current income with significant long-term appreciation potential. See agent for additional financials and documentation.

    Zillow last checked:

    Listing updated:

    Listed by:

    Erik Hansen 850-741-1410,

    KELLER WILLIAMS REALTY GULF COAST

    Bought with:

    Erik Hansen

    KELLER WILLIAMS REALTY GULF COAST

    Source: PAR,MLS#: 674186MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 7
    • Full bathrooms: 7
    Heating
    • Multi Units
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Electric Water Heater, Dishwasher, Freezer, Refrigerator
    • Laundry: Inside
    Features
    • Storage, Ceiling Fan(s), Recessed Lighting
    • Flooring: Vinyl
    • Windows: Double Pane Windows, Blinds, Drapes, Drapery Rods, Some Blinds
    • Has basement: No
    • Has fireplace: Yes
    Interior area
    • Total structure area: 5,926
    • Total interior livable area: 5,926 sqft

    Property

    Parking
    • Parking features: Circular Driveway
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Barbecue, Fire Pit, Rain Gutters
    • Fencing: Back Yard
    Lot
    • Features: Central Access
    Details
    • Parcel number: 142s305001090001
    • Zoning description: Res Single

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Resale
    • New construction: No
    • Year built: 1954

    Utilities & green energy

    • Electric: Circuit Breakers, Copper Wiring
    • Sewer: Septic Tank
    • Water: Public
    Green energy
    • Energy efficient items: Insulation

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Pensacola

    Financial & listing details

    • Price per square foot: $147/sqft
    • Tax assessed value: $436,079
    • Annual tax amount: $6,569
    • Price range: $870K - $870K
    • Date on market: 11/25/2025
    • Cumulative days on market: 213 days

    Price history

    DateEventPrice
    5/28/2026Sold$870,000-8.4%$147/sqft
    Source: PAR #674186 Report a problem
    2/19/2026Contingent$950,000$160/sqft
    Source: PAR #674186 Report a problem
    11/25/2025Listed for sale$950,000-4.5%$160/sqft
    Source: PAR #674186 Report a problem
    11/21/2025Listing removed$995,000$168/sqft
    Source: PAR #667813 Report a problem
    9/12/2025Price change$995,000-5.2%$168/sqft
    Source: PAR #667813 Report a problem
    7/16/2025Listed for sale$1,050,000+79.9%$177/sqft
    Source: PAR #667813 Report a problem
    10/3/2022Sold$583,500+64.4%$98/sqft
    Source: Public Record Report a problem
    8/21/2020Sold$355,000+18.3%$60/sqft
    Source: PAR #569372 Report a problem
    12/28/2016Sold$300,000$51/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,569 +2.4%$436,079 +5.5%
    2023$6,413 +15.8%$413,494 +13.3%
    2022$5,540 +8.9%$365,090 +21.4%
    2021$5,087 +7.1%$300,679 +7%
    2020$4,750 +4%$280,996 +5.9%
    2019$4,567 $265,289 +4.7%
    2018$4,567 +2.1%$253,315 +7.9%
    2017$4,475 +4.4%$234,678 +5.7%
    2016$4,286 $222,002 +2.8%
    2015-- $215,993 +3.9%
    2014-- $207,935 +5.3%
    2013-- $197,499 -8.4%
    2012-- $215,651 -9.9%
    2011-- $239,454 -2.3%
    2010-- $245,209 -4.4%
    2009-- $256,526 -0.1%
    2007-- $256,890 +21%
    2004-- $212,340 +12%
    2003-- $189,600 +1.3%
    2002-- $187,180
    2001-- $187,180 +7.5%
    2000-- $174,120
    Find assessor info on the county website

    Neighborhood: 32506

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Sherwood
    • Middle: BELLVIEW
    • High: Escambia

    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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