515 N M St
Pensacola, FL 32501
3
Bed
2
Bath
1,128Sqft
0.08Acre(Lot)
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 - (
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Bedroom Dimensions: 11.666666666x9 Bedroom 1 Dimensions: 12x9 Total beds: 3Bathroom Information
Total Baths: 2 Full Baths: 2Kitchen Information
Dining Room Remarks: Breakfast Bar, Kitchen/Dining Combo, Living/Dining Combo Kitchen Dimensions: 9.75x12.583333333 Kitchen Room Remarks: Remodeled -
Flooring Information
Laminate -
Roofing Information
Shingle -
Interior Features
Baseboards Roof: Shingle Appliances: Electric Water Heater -
Heating & Cooling
Heating: Central Cooling: Central Air, Ceiling Fan(s) WaterSource: Public
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Building Information
Year Built: 2007 Construction Materials: Frame -
Exterior Features
Foundation Details: Slab -
Pool Information
None -
Road Types
Paved -
Fencing
Privacy
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Lot Information
Lot Size Area: 0.0833 Lot Size Units: Acres Lot Square Feet: 3,629 Lot Acres: 0.0833 Stories: 1 Main Square Feet: 0.0833Property Information
Property Type: Residential Sub Type: Single Family ResidenceStyle: Cottage SQ ft (Living Area): 1,128 Subdivision: West King Tract
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Listing Price Information
Original Listing Price: $309000
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Tax Information
Parcel Number: 000S009060016123
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Parking Information
# of Garage Spaces: 1 Has Garage: Yes Parking Total: 1 GarageHomeowners Association InformationIncluded Fees: None
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Elementary School: Global Learning AcademyJunior High School: WARRINGTONSenior High School: Pensacola
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Location Information
Direction: From Garden Street & Palafox. Head WEST on Garden Street, RIGHT on M Street, Head NORTH, House will be on the LEFT past LaRua
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1904 E Larua St, Pensacola, FL, 32501 | $1,590,000 | 4 | 4 | 3,988 | 3,988 SqFt |
| 1901 E Gadsden St, Pensacola, FL, 32501 | $700,000 | 4 | 4 | 3,578 | 3,578 SqFt |
| 1910 E Cervantes St, Pensacola, FL, 32501 | $350,000 | 3 | 2 | 1,344 | 1,344 SqFt |
| 1800 E La Rua St, Pensacola, FL, 32501 | $1,189,900 | 4 | 3 | 3,668 | 3,668 SqFt |
| 1725 E La Rua St, Pensacola, FL, 32501 | $3,395,000 | 5 | 6 | 6,723 | 6,723 SqFt |
| 1715 E Jackson St, Pensacola, FL, 32501 | $587,000 | 3 | 3 | 2,152 | 2,152 SqFt |
| 1703 E Jackson St, Pensacola, FL, 32501 | $649,900 | 4 | 2 | 2,924 | 2,924 SqFt |
| 1715 E Strong St, Pensacola, FL, 32501 | $475,000 | 3 | 2 | 1,452 | 1,452 SqFt |
| 401 N 16th Ave, Pensacola, FL, 32501 | $550,000 | 3 | 2 | 1,932 | 1,932 SqFt |
| 1524 E Strong St, Pensacola, FL, 32501 | $1,100,000 | 3 | 2 | 2,286 | 2,286 SqFt |
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ByOwner last updated this listing 06/09/2026 @ 18:31
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