418 N D St, Pensacola, FL 32501

PRICE REDUCED! Very last opportunity on this one before it is pulled off the market and we build the new home in its place! Unlock the exceptional opportunity with this project in the heart of downtown Pensacola. Positioned right between three unique, highly successful STR Airbnb properties that resemble this home's style, there are multiple options here. The house needs extensive rehab, but a handful of contractor crews have come out and it is very possible to do with a bit of work everywhere or I have contact to a great builder who has plans worked up to build a new two-story home on the lot and reach an even higher value. We have an after-repair value appraisal in hand for 272,000 following its renovation or approved setbacks from City of Pensacola & CRA and demolition approval if you choose to go the new construction route, our asking price here is solely for the site value per appraisal. You can't go wrong with this property, tons of new construction in the neighborhood and less than a mile to Palafox Market. One bedroom/one bathroom with foyer, living area, kitchen and eat-in kitchen area. Covered front porch. Home is readily awaiting your visions of renovation or demolition and new construction. Please feel free to contact if you have any questions. Open to creative offers, reach out if interested.