Unique Tropical Oasis in the heart of downtown Pensacola. Imagine the possibilities of owning a Hidden Private Oasis within walking distance of all Downtown activities. This Beautiful downtown property is almost 2 full acres. The rental income from adjoining properties will make this property pay for itself. The most spectacular home offered in this sale is the owners 2 story residence masterfully created in historic Pensacola Spanish style Mediterranean white stucco complete with tile imported from Spain and Mexico. The huge master bedroom balcony overlooks the entire view of the beautiful gardens. The upstairs master bed room includes a sink and coffee area tiled in amber onyx. The house is replete with marble, tile, stone and Brazilian hardwood. To pay for itself, this hidden tropical paradise includes a renovated 2 story Historic House at 508 W Gregory Street with adjoining parking lot and gates that open into the private tropical garden landscape designed to be utilized with other connecting properties for maximum creative use or keep it all to yourself. To add more to your rental income is an included rustic upscale Garden Cottage that can be used for private entertaining or permitted for a quaint caf that opens into the gardens with dining al fresco, or rent by the year or vacation rental, turnkey. The creative possibilities are endless with this property. It also includes an additional historic house with added lot for parking that has been inspected by the city to be a bakery or shop or leave it as a studio rental. All properties have the ability to connect to the gardens On the North side, a 4 bedroom 2 bath 2,000 sq. ft. house that is currently used as a rental property is situated away from the gardens to add privacy or plenty of room to build another unit. All homes have views of the tropical lush landscape that contains different species of trees and flowers from all over the world. A beautiful large rock waterfall cascades into a sparkling saltwater pool, a smaller side waterfall also contributes to the tranquil sounds of falling water. The pool is 5’ deep all the way around to accommodate water sports games or exercise. There is also a large Pool house that opens into the gardens and an open air kitchen complete with Mexican tiled bar and commercial drink cooler and refrigerator. There are 2 large grills, one commercial for hosting memorable parties. Each and every turn of the rock walkways offer private niches perfect for entertaining. Included in the gardens is a beautiful Gazebo complete with cascading brook that empties into a Koi pond. Take the bridge over the Koi pond and enter into a replication of an Old Italian vineyard completely entwined with grape vines, delicious grape clusters and a cleverly designed privacy wall of twisted vines large enough to seat a table of six for an unforgettable candlelight dining experience. The sounds of the waterfalls and cascading brook can be heard throughout the garden. This property has unbelievable development potential at a price prior to the finishing touches. Located only a few blocks from the waterfront park the possibilities are immense. Don’t forget this property is walking distance to all downtown activities and only 7 miles from the beautiful white sugar sands of Pensacola Beach. I am a motivated Seller as I have recently retired. The rental income alone can have this property paying for itself. The vacant lots offer more than needed off street parking and could easily be developed into apartments or sold later as downtown Pensacola is growing at a rapid pace. Seller may do partial owner financing at low interest with a sizeable down payment. Owner has the property surveyed as one property that contains 4 rental houses and 8 vacant downtown lots and the beautiful owners house and gardens. A separate survey of each parcel is also available. This is a great opportunity to make your property pay for itself. Downtown Pensacola is quickly on the move. Serious Inquiries only.
For Sale By Owner Home Prices for Pensacola, Florida 32502