HDMU Multi Family Property

Multi-Family for Sale
Also listed as Vacant Land
Catylist Listing ID: 30835198
Number of Units: 3 Units
Building Size (RSF): 3,838 SF
Gross Building Area: See Agent
Gross Land Area: 0.78 Acres
Sale Price: $186,000
Unit Price: $62,000 Per Unit
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 3/10/2023

Overview / Comments

Redevelopment Opportunity in the heart of an established and developed area. The property is located just north of the Cervantes Retail Trade Corridor. Prime for redevelopment the property is positioned in an up-and-coming area!

Currently, there are three buildings on the property (all would require rehabbing). Buildings total 3,828 SF combined.

The property could be divided into four individual lots.

Attachments & Media

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 312S302000004004
Zoning: HDMU
Property Located Between: T Street and Lee Street
Site Description: Developed property with three residential structures in place. Located on the corner of T Street and Lee Street
Area Description: Prime for redevelopment, this property is positioned in an up-and-coming area that is heavily developed! The location is close to the downtown core, on the bus line, and close to shopping, area hospitals, and education.
Total Number of Buildings: 3
Number of Stories: 1
Construction/Siding: Wood Frame, Wood Siding
Interior Description: Buildings are in need of rehab
Zoning Description: HDMU
Lot Frontage: 210
Lot Depth: 152
Legal Description: In File

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,915 74,295 157,667
Median Age: 40.09 36.79 37.67
Households: 4,627 29,567 61,757


Photograph of Listing Agent

Braidon English

NAI Pensacola Gulf Coast CMLS Member
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