Located in the established Mayfair neighborhood, this 3-bedroom, 1-bath block home sits on a sturdy slab foundation—offering investors a solid structure and a head start on improvements. Key updates already completed include a new roof (2023), newer septic system, upgraded electrical sub-panel (2020), and fresh interior paint - helping reduce upfront costs and streamline your renovation timeline. The home currently does not have central HVAC, giving investors the flexibility to install a system of their choice or opt for cost-effective alternatives depending on the strategy. The large backyard and extra storage space add to the property’s rental appeal or resale value, making it a smart addition to your portfolio. Whether you're looking to flip or hold, this one's ready for your finishing touches. Schedule a showing today and see the potential for yourself.
Sold for $80,000
$80,000
88 S Madison Dr, Pensacola, FL 32505
3beds
872sqft
Single Family Residence
Built in 1956
9,748 Square Feet Lot
$131,200 Zestimate®
$92/sqft
$1,340 Estimated rent
Home value
$131,200
$104,000 - $156,000
$1,340/mo
Zestimate® history
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$430/mo
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List your homeWhat's special
New roofFresh interior paintLarge backyardExtra storage spaceUpgraded electrical sub-panelBlock homeSturdy slab foundation
Zillow last checked:
Listing updated:
Listed by:
Holly Casey 850-418-0411,
Alpha Sands Realty
Bought with:
Holly Casey
Alpha Sands Realty
Source: PAR,MLS#: 662688
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: First
- Area: 81
- Dimensions: 9 x 9
Kitchen
- Level: First
- Area: 56
- Dimensions: 8 x 7
Living room
- Level: First
- Area: 120
- Dimensions: 10 x 12
Heating
- None
Cooling
- Wall/Window Unit(s), Ceiling Fan(s)
Appliances
- Included: Electric Water Heater
Features
- Flooring: Concrete
- Has basement: No
Interior area
- Total structure area: 872
- Total interior livable area: 872 sqft
Property
Parking
- Total spaces: 1
- Parking features: Carport
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 9,748 Square Feet
Details
- Parcel number: 152s301000008010
- Zoning description: Res Single
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Block
- Foundation: Slab
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1956
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Septic Tank
Community & HOA
Community
- Subdivision: Mayfair
HOA
- Has HOA: No
Location
- Region: Pensacola
Financial & listing details
- Price per square foot: $92/sqft
- Tax assessed value: $80,704
- Annual tax amount: $878
- Date on market: 4/16/2025
- Cumulative days on market: 3 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/19/2025 | Sold | $80,000+1.3%$92/sqft |
Source:  PAR #662688 Report a problem | ||
| 4/19/2025 | Pending sale | $79,000$91/sqft |
Source: PAR #662688 Report a problem | ||
| 4/16/2025 | Listed for sale | $79,000-28.1%$91/sqft |
Source: PAR #662688 Report a problem | ||
| 4/5/2024 | Listing removed | $109,900$126/sqft |
Source:  NextHome #640473 Report a problem | ||
| 2/17/2024 | Listed for sale | $109,900+399.5%$126/sqft |
Source: PAR #640473 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/16/2018 | Listing removed | $675$1/sqft |
Source: Owner Report a problem | ||
| 6/14/2018 | Listed for rent | $675$1/sqft |
Source: Owner Report a problem | ||
| 7/13/2004 | Sold | $22,000$25/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $878 +2.4% | $80,704 +4.2% |
| 2023 | $857 +16.7% | $77,463 +34.7% |
| 2022 | $734 +12.7% | $57,505 +32.2% |
| 2021 | $651 +13.2% | $43,498 +33.7% |
| 2020 | $575 +8.3% | $32,545 +16.9% |
| 2019 | $531 | $27,829 +6.4% |
| 2018 | $531 +4.5% | $26,163 +25.1% |
| 2017 | $508 +9% | $20,910 -16.6% |
| 2016 | $466 -11.9% | $25,066 -4.2% |
| 2015 | $529 | $26,159 +13.9% |
| 2014 | $529 | $22,971 -0.5% |
| 2013 | -- | $23,089 -21% |
| 2012 | -- | $29,227 -3.3% |
| 2011 | -- | $30,238 -27.3% |
| 2010 | -- | $41,607 -7.5% |
| 2009 | -- | $45,002 -4.2% |
| 2008 | -- | $46,995 -6.9% |
| 2007 | -- | $50,490 +4.8% |
| 2006 | -- | $48,160 +19.8% |
| 2005 | -- | $40,190 +11.1% |
| 2004 | -- | $36,190 +8.7% |
| 2003 | -- | $33,290 +2.8% |
| 2002 | -- | $32,370 |
| 2001 | -- | $32,370 +11.7% |
| 2000 | -- | $28,990 |
Find assessor info on the county website
Neighborhood: 32505
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Nearby schools
GreatSchools rating
- 3/10Sherwood Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 2/10Warrington Middle SchoolGrades: 6-8Distance: 2.6 mi
- 3/10Escambia High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Sherwood
- Middle: WARRINGTON
- 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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$131,200
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- Florida
- Escambia County
- Pensacola
- 32505
- 88 S Madison Dr
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