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Sold for $73,000
  • $73,000

    2501 W Godfrey St, Pensacola, FL 32505

    2beds
    880sqft
    Single Family Residence
    Built in 1935
    0.57 Acres Lot
    $98,400 Zestimate®
    $83/sqft
    $1,165 Estimated rent

    Home value

    $98,400

    $75,000 - $126,000

    $1,165/mo

    Zestimate® history
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    What's special

    Calling seasoned real estate investors! This is a rare opportunity to potentially transform a property into a multi-parcel lucrative investment. The main home has already been stripped down, providing a blank canvas for your renovation vision. Situated on a sizable corner lot of 0.57 acres, the property can potentially be subdivided into two to four separate parcels making it an ideal candidate for redevelopment with multiple single family homes. The current home has a very flexible floor plan in which the back room could easily be converted into a third bedroom or office space by just simply framing out a doorway. While the laundry area has ample space to potentially add a second bath to the home. The two patio areas, fully fenced yard and mature trees leave the exterior of the home open to ample outdoor living space and parking for recreational vehicles, additions or garage spaces. This is not a project for the faint of heart, but for the seasoned investor, developer, or even homeowner looking for a large parcel to build on, 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. Surveys available and documents to discuss the potential lot splits. Property will be sold AS-IS only.

    Zillow last checked:

    Listing updated:

    Listed by:

    Eric Jubeck, Llc 850-684-8896,

    Real Broker, LLC

    Bought with:

    Outside Area Selling Agent

    PAR Outside Area Listing Office

    Source: PAR,MLS#: 650296MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Bonus Room
    Primary bedroom
    • Level: First
    • Area: 156
    • Dimensions: 13 x 12
    Kitchen
    • Level: First
    • Area: 96
    • Dimensions: 12 x 8
    Living room
    • Level: First
    • Area: 132
    • Dimensions: 12 x 11
    Heating
    • Natural Gas
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Water Heater
    Features
    • Flooring: See Remarks
    • Has basement: No
    Interior area
    • Total structure area: 880
    • Total interior livable area: 880 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Patio
    • Pool features: None
    • Fencing: Chain Link,Full
    Lot
    • Size: 0.57 Acres
    • Dimensions: 164x152
    • Features: Corner Lot
    Details
    • Parcel number: 312s302000004005
    • Zoning description: Res Single
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Frame
    • Foundation: Off Grade
    • Roof: Gable,Metal
    Condition
    • Resale
    • New construction: No
    • Year built: 1935

    Utilities & green energy

    • Electric: Circuit Breakers, Copper Wiring
    • Sewer: Septic Tank
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Welles Brownsville
    HOA
    • Has HOA: No
    Location
    • Region: Pensacola

    Financial & listing details

    • Price per square foot: $83/sqft
    • Tax assessed value: $84,591
    • Annual tax amount: $1,219
    • Price range: $73K - $73K
    • Date on market: 8/7/2024
    • Cumulative days on market: 17 days
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/3/2024Sold$73,000-13.1%$83/sqft
    Source: PAR #650296 Report a problem
    8/24/2024Pending sale$84,000$95/sqft
    Source: Navarre Area BOR #956375 Report a problem
    8/23/2024Price change$84,000-5.6%$95/sqft
    Source: Navarre Area BOR #956375 Report a problem
    8/17/2024Price change$89,000-9.2%$101/sqft
    Source: Navarre Area BOR #956375 Report a problem
    8/13/2024Price change$98,000-5.8%$111/sqft
    Source: Navarre Area BOR #956375 Report a problem
    8/7/2024Listed for sale$104,000+197.1%$118/sqft
    Source: Navarre Area BOR #956375 Report a problem
    3/4/2024Sold$35,000+250%$40/sqft
    Source: Public Record Report a problem
    6/24/2016Sold$10,000-85.2%$11/sqft
    Source: Public Record Report a problem
    9/16/1997Sold$67,700$77/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,219 +1.1%$84,591 +3.9%
    2023$1,206 +157.9%$81,439 +21.8%
    2022$467 -0.5%$66,849 +18.8%
    2021$470 +3.3%$56,248 +9.5%
    2020$455 +2.8%$51,379 +4.7%
    2019$442 $49,086 +4%
    2018$442 +1.4%$47,182 +2.1%
    2017$436 +1.6%$46,212 +3.2%
    2016$429 -44.8%$44,777 +3.2%
    2015$778 $43,377 +3.5%
    2014$778 $41,921 +5.6%
    2013-- $39,713
    2012-- $39,713 -5.8%
    2011-- $42,153 -2.1%
    2010-- $43,074 -2.5%
    2009-- $44,189 -2%
    2008-- $45,096 -8.4%
    2007-- $49,230 -5%
    2006-- $51,830 +42%
    2005-- $36,500
    2004-- $36,500 +10.9%
    2003-- $32,910 -0.1%
    2002-- $32,940 +22.6%
    2001-- $26,870 +3%
    2000-- $26,090 +2.7%
    1999-- $25,400
    Find assessor info on the county website

    Neighborhood: Brownsville

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Weis
    • Middle: WARRINGTON
    • High: Pensacola

    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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    $100,368