2023 N U St, Pensacola, FL 32505

Calling seasoned real estate investors! This is a rare opportunity to potentially transform a property into a multi-parcel lucrative investment. Situated on a sizable corner lot of 0.38 acres ( two city parcels being sold together ~one is 70 x 120 and the other is 60 x 140 and fronts W. Hernandez).This entire piece of property is fenced and looks to have been a pecan orchard back in the day. The home is a diamond in the rough and has visible signs of roof leaks, wood rot and some areas of mold in the ceiling area so care is to be taken when you tour. There is a large workshop behind the home, this looks to have been someones pride and joy at one time. Once restored this could be a wood workers dream! OF course the alternative is the tear down existing structures and building one or two spec homes (must confirm with the city as to this option.) This is not a project for the faint of heart, but for the seasoned investor, developer, or even homeowner looking for a large parcel, the rewards could be substantial. Whether you’re looking to flip, develop, or hold, this property offers endless potential. Don’t miss out on this chance to add significant value to your portfolio. ~ When viewing the property please be careful as there are several areas in the yard where tree roots have decayed underground and caused some un-level areas. That back piece of property that fronts Hernandez is 140 deep and is truly a lovely piece of property . So much potential, bring your imagination and get started! THIS WILL BE AN AS IS SALE WITH BUYER TO SATISFY THEMSELVES, SELLER WILL MAKE NO REPAIRS. CASH OR CONVENTIONAL LOAN ONLY.