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608 N 9th Ave

Pensacola, FL 32501
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Bed 4

Bed

Bath 3

Bath

SqFt1,300

Sqft

Acres0.05

Acre(Lot)

Located less than one mile from Downtown Pensacola, 608 N 9th Ave offers two fully furnished rental units on one property with established mid-term rental income already in place. Check the documents for proven cap rate info! The front unit is a 2 bedroom, 1 bath cottage with a covered front porch, bright exterior, and a layout that works well for furnished rental use. The back unit is a 2 bedroom, 2 bath residence, with off street parking, giving the property two separate rental options on one downtown-adjacent parcel. Both units are currently leased through the remainder of 2026, giving an investor immediate income without the initial vacancy period, furnishing expense, or setup work typically required when launching a furnished rental. The sale includes furnishings, and the property is currently self-managed with no property management fee built into the current operation. Projected 2026 gross revenue is approximately $66,506 based on seller-provided income history and existing lease agreements. The location supports multiple rental strategies, with quick access to Downtown Pensacola, Pensacola Bay Center, McGuire’s, the Sanctuary Event Venue, Publix, restaurants, festivals, and Pensacola Beach. The two-unit setup gives a buyer flexibility for mid-term rentals, furnished rentals, corporate housing, travel professionals, or a future owner-occupant scenario with personal residence in one unit and rental for the other. Financial information, income history, projected expenses, and lease details are available for review. Buyers should verify all figures, lease terms, taxes, and rental projections during due diligence.

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Detail Ic Property Details

Property Type : Residential

Price : $700,000

AD Id : 87663470

MLS Id : 685487

Beds : 4

Lot Size : 0.05 Acre

Living Area Size : 1,300

Year Built : 1936

County : Escambia - Fl

Subdivision: New City Tract

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Bedroom Dimensions: 10.5x8.5 Bedroom 1 Dimensions: 10x10 Total beds: 4

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Kitchen Information

    Dining Room Remarks: Kitchen/Dining Combo Kitchen Dimensions: 16x10.5 Kitchen Room Remarks: Remodeled
  • Flooring Information

    Hardwood
  • Roofing Information

    Shingle
  • Interior Features

    Attached Self Contained Living Area Roof: Shingle Appliances: Electric Water Heater
  • Heating & Cooling

    Heating: Central Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 1936 Construction Materials: Frame
  • Exterior Features

    Foundation Details: Pillar/Post/Pier
    Porch: Patio, Porch
  • Pool Information

    None
  • Road Types

    Paved

  • Lot Information

    Lot Description: Central Access Lot Size Area: 0.05 Lot Size Units: Acres Lot Square Feet: 2,178 Lot Acres: 0.05 Stories: 1 Main Square Feet: 0.05

    Property Information

    Property Type: Residential Sub Type: Single Family ResidenceStyle: Cottage SQ ft (Living Area): 1,300 Subdivision: New City Tract

  • Listing Price Information

    Original Listing Price: $749000

  • Tax Information

    Parcel Number: 000S009025019062

  • Elementary School: A.K. Suter
    Junior High School: WORKMAN
    Senior High School: Pensacola
  • Location Information

    Direction: Cervantes to south on 9th ave, home on the left
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Nearby Home Value

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1800 E La Rua St, Pensacola, FL, 32501 $1,189,900 4 3 3,668 3,668 SqFt
401 N 16th Ave, Pensacola, FL, 32501 $535,000 3 2 1,932 1,932 SqFt
1600 E Cervantes St, Pensacola, FL, 32501 $525,000 3 -- 1,564 1,564 SqFt
1524 E Strong St, Pensacola, FL, 32501 $1,100,000 3 2 2,286 2,286 SqFt
1519 E De Soto St, Pensacola, FL, 32501 $804,900 4 2 2,887 2,887 SqFt
1500 E Jackson St, Pensacola, FL, 32501 $844,900 4 3 2,749 2,749 SqFt
1425 E Gonzalez St, Pensacola, FL, 32501 $330,000 3 1 1,554 1,554 SqFt
1218 E Cervantes St, Pensacola, FL, 32501 $465,000 2 1 1,303 1,303 SqFt

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ByOwner last updated this listing 07/16/2026 @ 05:58

MLS: 685487 LISTED BY: Katie Anderson, KELLER WILLIAMS REALTY GULF COAST 850-471-5000 SOURCE: Pensacola MLS

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