INVESTOR ALERT! PRIME PENSACOLA LOCATION! CORNER LOT! Positioned on a prominent corner in a prime Pensacola location with light industrial and residential zoning, this property offers exceptional potential for investors, builders, or buyers with vision. The existing home requires repairs, updates and improvements, making this an ideal opportunity for a custom project or value-add investment. A utility building in the backyard, wired for electricity, adds additional storage or workspace potential. With flexible use options and strong visibility, this corner property lends itself to a variety of possibilities—residential, income-producing, or light industrial (buyer to verify all intended uses). Located with convenient access to major roads, this is a value-driven opportunity being offered at an attractive price point.
Sold for $65,000
$65,000
529 Michigan Ave, Pensacola, FL 32505
2beds
975sqft
Single Family Residence
Built in 1946
0.27 Acres Lot
$65,200 Zestimate®
$67/sqft
$1,347 Estimated rent
Home value
$65,200
$59,000 - $72,000
$1,347/mo
Zestimate® history
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Corner lot
Zillow last checked:
Listing updated:
Listed by:
Judy Fernandez 850-378-7500,
Epique Realty, Inc.,
Ruben B. Fernandez 850-287-9211,
Epique Realty, Inc.
Bought with:
Vickie Wilson
Levin Rinke Realty
Source: PAR,MLS#: 679861
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
- Area: 140.4
- Dimensions: 11.7 x 12
Bedroom
- Level: First
- Area: 133.38
- Dimensions: 11.7 x 11.4
Bathroom
- Level: First
- Area: 40.32
- Dimensions: 5.6 x 7.2
Dining room
- Level: First
- Area: 95.55
- Dimensions: 8.6 x 11.11
Kitchen
- Level: First
- Area: 105.56
- Dimensions: 9.1 x 11.6
Heating
- Wall/Window Unit(s)
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Electric Water Heater
Features
- Flooring: Vinyl
- Has basement: No
Interior area
- Total structure area: 975
- Total interior livable area: 975 sqft
Property
Parking
- Parking features: Circular Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 0.27 Acres
- Features: Corner Lot
Details
- Parcel number: 461s302001017052
- Zoning description: Industrial,Res Multi
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1946
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Green energy
- Energy efficient items: No Energy Features
Community & HOA
Community
- Subdivision: West Pensacola
HOA
- Has HOA: No
Location
- Region: Pensacola
Financial & listing details
- Price per square foot: $67/sqft
- Tax assessed value: $79,974
- Annual tax amount: $1,115
- Price range: $65K - $65K
- Date on market: 3/26/2026
- Cumulative days on market: 3 days
Price history
| Date | Event | Price |
|---|---|---|
| 4/13/2026 | Sold | $65,000-7%$67/sqft |
Source:  PAR #679861 Report a problem | ||
| 4/10/2026 | Pending sale | $69,900$72/sqft |
Source: PAR #679861 Report a problem | ||
| 4/1/2026 | Contingent | $69,900$72/sqft |
Source: PAR #679861 Report a problem | ||
| 3/30/2026 | Listed for sale | $69,900$72/sqft |
Source: PAR #679861 Report a problem | ||
| 3/28/2026 | Pending sale | $69,900$72/sqft |
Source: PAR #679861 Report a problem | ||
| 3/26/2026 | Listed for sale | $69,900$72/sqft |
Source: PAR #679861 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,115 +6.1% | $79,974 +9.5% |
| 2023 | $1,051 +7% | $73,010 +8.1% |
| 2022 | $982 +8.9% | $67,558 +20.4% |
| 2021 | $901 +10.1% | $56,127 +10.3% |
| 2020 | $818 +3.5% | $50,875 +5.1% |
| 2019 | $790 | $48,403 +3.7% |
| 2018 | $790 +1.3% | $46,681 -1.1% |
| 2017 | $780 -2.7% | $47,212 +2.1% |
| 2016 | $802 +0.3% | $46,234 +3.7% |
| 2015 | $799 | $44,605 +3.9% |
| 2014 | $799 | $42,935 +6.4% |
| 2013 | -- | $40,350 -3% |
| 2012 | -- | $41,598 -3% |
| 2011 | -- | $42,897 -2.9% |
| 2010 | -- | $44,198 -2.9% |
| 2009 | -- | $45,497 -5.2% |
| 2008 | -- | $48,008 -8.6% |
| 2007 | -- | $52,500 -1.7% |
| 2006 | -- | $53,390 +22.3% |
| 2005 | -- | $43,650 +11.5% |
| 2004 | -- | $39,150 +2.4% |
| 2003 | -- | $38,230 +18.1% |
| 2002 | -- | $32,370 |
| 2001 | -- | $32,370 +8.7% |
| 2000 | -- | $29,770 |
Find assessor info on the county website
Neighborhood: Palafox
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Nearby schools
GreatSchools rating
- 3/10Brentwood Elementary SchoolGrades: PK-5Distance: 1 mi
- 2/10Bellview Middle SchoolGrades: 6-8Distance: 3 mi
- 4/10Pensacola High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: Montclair
- Middle: BELLVIEW
- 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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- Florida
- Escambia County
- Pensacola
- 32505
- Palafox
- 529 Michigan Ave
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