This ADORABLE downtown 3 bed/2bath home is AFFORDABLE and TURN KEY! Currently used as a successful short-term rental with strong income potential, this home is move-in ready for a new homeowner or future Airbnb host. Built in 2007, it has been thoughtfully updated with luxury vinyl plank flooring throughout, upgraded ceiling fans, a counter-depth refrigerator, and a beautifully remodeled kitchen featuring granite countertops. The home includes a one-car garage for convenience and a covered back patio that creates a comfortable outdoor living space. Major systems have been recently replaced, including a new HVAC in 2023 and a roof in 2021. Warm, neutral floors tie the interior together, making this property both stylish and low-maintenance. Rental Income Consistently Averages $24k/yr - (There is not a sign in the yard).
Sold for $292,000
$292,000
515 N M St, Pensacola, FL 32501
3beds
1,128sqft
Single Family Residence
Built in 2007
3,628 Square Feet Lot
$292,100 Zestimate®
$259/sqft
$1,564 Estimated rent
Home value
$292,100
$275,000 - $313,000
$1,564/mo
Zestimate® history
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$1,903/mo
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List your homeWhat's special
One-car garage for convenienceCounter-depth refrigeratorUpgraded ceiling fans
Zillow last checked:
Listing updated:
Listed by:
Simone Sands 850-293-2292,
Engel & Volkers Pensacola
Bought with:
Robyn Matthews Otwell
Coast To Country Realty
Source: PAR,MLS#: 676968
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: First
- Area: 105
- Dimensions: 11.67 x 9
Bedroom 1
- Level: First
- Area: 108
- Dimensions: 12 x 9
Kitchen
- Level: First
- Area: 122.69
- Dimensions: 9.75 x 12.58
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Water Heater
Features
- Baseboards
- Flooring: Laminate
- Has basement: No
Interior area
- Total structure area: 1,128
- Total interior livable area: 1,128 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Pool features: None
- Fencing: Privacy
Lot
- Size: 3,628 Square Feet
Details
- Parcel number: 000s009060016123
- Zoning description: City
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Slab
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 2007
Utilities & green energy
- Electric: Circuit Breakers, Copper Wiring
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: West King Tract
HOA
- Has HOA: No
- Services included: None
Location
- Region: Pensacola
Financial & listing details
- Price per square foot: $259/sqft
- Tax assessed value: $160,434
- Annual tax amount: $2,735
- Price range: $292K - $292K
- Date on market: 2/1/2026
- Cumulative days on market: 129 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2026 | Sold | $292,000-2.6%$259/sqft |
Source:  PAR #676968 Report a problem | ||
| 5/22/2026 | Contingent | $299,900$266/sqft |
Source:  Engel & Volkers #676968 Report a problem | ||
| 5/21/2026 | Listed for sale | $299,900$266/sqft |
Source: Engel & Volkers #676968 Report a problem | ||
| 5/7/2026 | Contingent | $299,900$266/sqft |
Source: PAR #676968 Report a problem | ||
| 4/2/2026 | Price change | $299,900-2.9%$266/sqft |
Source: PAR #676968 Report a problem | ||
| 2/1/2026 | Listed for sale | $309,000+3.3%$274/sqft |
Source: PAR #676968 Report a problem | ||
| 11/27/2025 | Listing removed | $299,000$265/sqft |
Source: Engel & Volkers #670803 Report a problem | ||
| 10/24/2025 | Price change | $299,000-7.7%$265/sqft |
Source: PAR #670803 Report a problem | ||
| 10/3/2025 | Price change | $324,000-1.5%$287/sqft |
Source: PAR #670803 Report a problem | ||
| 9/24/2025 | Listing removed | $2,500$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/12/2025 | Listed for sale | $329,000+31.6%$292/sqft |
Source: PAR #670803 Report a problem | ||
| 6/11/2025 | Listed for rent | $2,500$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/20/2023 | Sold | $250,000+0%$222/sqft |
Source: PAR #625977 Report a problem | ||
| 6/4/2023 | Pending sale | $249,900$222/sqft |
Source: PAR #625977 Report a problem | ||
| 5/20/2023 | Contingent | $249,900$222/sqft |
Source: PAR #625977 Report a problem | ||
| 5/18/2023 | Listed for sale | $249,900+149.9%$222/sqft |
Source: PAR #625977 Report a problem | ||
| 3/29/2023 | Sold | $100,000-23.1%$89/sqft |
Source: Public Record Report a problem | ||
| 2/28/2007 | Sold | $130,000$115/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,735 +348% | $160,434 +5.2% |
| 2023 | $611 +1.5% | $152,449 +18.4% |
| 2022 | $602 -0.9% | $128,742 +26.2% |
| 2021 | $607 +1.4% | $102,013 +11.7% |
| 2020 | $599 +0.7% | $91,291 +7.9% |
| 2019 | $594 | $84,616 +25.9% |
| 2018 | $594 -0.7% | $67,195 +2.1% |
| 2017 | $598 -0.6% | $65,813 +2.1% |
| 2016 | $602 -0.1% | $64,460 +0.7% |
| 2015 | $603 | $64,012 +0.8% |
| 2014 | $603 | $63,504 +1.5% |
| 2013 | -- | $62,566 -0.9% |
| 2012 | -- | $63,141 -5.2% |
| 2011 | -- | $66,635 -4.2% |
| 2010 | -- | $69,527 -4.9% |
| 2009 | -- | $73,083 -8% |
| 2008 | -- | $79,448 |
Find assessor info on the county website
Neighborhood: Sunny Ridge
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Nearby schools
GreatSchools rating
- 2/10Global Learning AcademyGrades: PK-5Distance: 0.3 mi
- 2/10Warrington Middle SchoolGrades: 6-8Distance: 2.2 mi
- 4/10Pensacola High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Global Learning Academy
- 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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