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Sold for $86,900
  • $86,900

    5029 Mobile Hwy, Pensacola, FL 32506

    3beds
    1,064sqft
    Single Family Residence
    Built in 1961
    0.4 Acres Lot
    $161,100 Zestimate®
    $82/sqft
    $1,374 Estimated rent

    Home value

    $161,100

    $140,000 - $180,000

    $1,374/mo

    Zestimate® history
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    $1,374/mo

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    $1,374/mo

    Rent Zestimate®

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    $467/mo

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    $467/mo

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    What's special

    Modern comfortsReliable copper wiringPvc plumbingSturdy roof
    Discover the potential of a promising investment opportunity in Pensacola, FL. This 3-bedroom, 1-bathroom home, covering 1,064 sqft, is an ideal choice for those looking to enter the rental market. Positioned on a substantial .40 acre lot, the property requires only minor updates, making it a smart, low-effort investment with significant upside. Key Features: Well-Maintained Interior: 3 cozy bedrooms and a recently remodeled bathroom, offering modern comforts and appeal. Roof Condition: A sturdy roof in good condition, despite being 13 years old, ensures long-term durability. Electrical & Plumbing: Reliable copper wiring and PVC plumbing provide a sound infrastructure. Minor Updates Needed: Only requires minimal updates, perfect for quick preparation for the rental market. Large Lot: Situated on a spacious .40 acre lot, offering ample outdoor space for tenants to enjoy. Investment Potential: An excellent addition to any rental portfolio, with the promise of steady income and appreciation in value. Location: Located in Pensacola, FL, the property enjoys proximity to local amenities, schools, and entertainment options, enhancing its appeal to potential renters. Ideal For: Investors: Those looking to expand their rental property portfolio. First-Time Landlords: An accessible entry point into real estate investment. Flip and Rent: Investors interested in making minor enhancements for rental profitability. Perfect opportunity to secure a valuable asset in Pensacola!!

    Zillow last checked:

    Listing updated:

    Listed by:

    Cliff Glansen 954-965-3990,

    Flatfee.com Inc.

    Bought with:

    Beth Stage

    Key Impressions LLC

    Source: PAR,MLS#: 638143MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Level: First
    • Area: 90
    • Dimensions: 10 x 9
    Kitchen
    • Level: First
    • Area: 90
    • Dimensions: 10 x 9
    Living room
    • Level: First
    • Area: 182
    • Dimensions: 13 x 14
    Heating
    • None
    Cooling
    • None
    Appliances
    • Included: Electric Water Heater
    Features
    • Flooring: See Remarks
    • Has basement: No
    Interior area
    • Total structure area: 1,064
    • Total interior livable area: 1,064 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Carport
    • Carport spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    Lot
    • Size: 0.4 Acres
    Details
    • Parcel number: 142s302001012006
    • Zoning description: Res Single
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Frame
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1961

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    Green energy
    • Energy efficient items: No Energy Features

    Community & HOA

    Community
    • Subdivision: None
    HOA
    • Has HOA: No
    Location
    • Region: Pensacola

    Financial & listing details

    • Price per square foot: $82/sqft
    • Tax assessed value: $97,626
    • Annual tax amount: $1,363
    • Price range: $86.9K - $86.9K
    • Date on market: 1/2/2024
    • Cumulative days on market: 3 days
    • Road surface type: Paved

    Price history

    DateEventPrice
    2/16/2024Sold$86,900-1.1%$82/sqft
    Source: PAR #638143 Report a problem
    1/8/2024Pending sale$87,900$83/sqft
    Source: PAR #638143 Report a problem
    1/2/2024Listed for sale$87,900$83/sqft
    Source: PAR #638143 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,363 +13.7%$97,626 +15%
    2023$1,198 +6.3%$84,885 +5.8%
    2022$1,127 +9.8%$80,202 +22.3%
    2021$1,027 +10.7%$65,591 +11.4%
    2020$927 +4.1%$58,879 +5.7%
    2019$891 $55,719 +6%
    2018$891 +3.3%$52,560 +3.5%
    2017$862 +1.1%$50,765 +2.5%
    2016$853 +0.7%$49,525 +4.4%
    2015$847 $47,458 +4.5%
    2014$847 $45,400 +6.6%
    2013-- $42,586
    2012-- $42,586 -4.6%
    2011-- $44,661 -4.9%
    2010-- $46,969 +1.2%
    2009-- $46,412 -4.9%
    2008-- $48,813 -7.1%
    2007-- $52,530 -5%
    2006-- $55,300 +29.3%
    2005-- $42,760
    2004-- $42,760 +8.9%
    2003-- $39,270 +2.8%
    2002-- $38,190
    2001-- $38,190 +5.8%
    2000-- $36,080
    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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    $161,100
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    With Zillow Showcase(estimated)
    $164,322