Pending

8511 Cherry Ave

Pensacola, FL 32534

$130,000 $548/Mo

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Overview

Bed

Bath

1,368

Sqft

0.16

Acre(Lot)

Description

SELLER REQUESTS HIGHEST & BEST OFFER BY: 05/07/2026 AT 12PM. Investors and visionaries, take note of this exceptional opportunity in one of Pensacola’s most active growth corridors. Priced specifically for the savvy investor, this property serves as a perfect canvas for a high-yield project with major system updates already completed, including an UPDATED ROOF, HVAC system, and WINDOWS! The neighborhood’s transformation is evident, with extensive redevelopment and new construction occurring directly on Cherry Ave and the surrounding blocks, signaling a strong upward trend in local property values. The home sits on a generous lot, offering the versatility needed for a modern renovation or a strategic buy-and-hold. A standout feature is the unique flex area that previously served as a bedroo m. With its own exterior door providing direct access to the front porch, this bonus space is easily converted back into a bedroom, home office, or guest suite with private access. Plumbing is nearby and presents potential for adding an additional bathroom. The location ensures strong demand, providing quick access to the I-10 interchange, Nine Mile Road, and major employers including Navy Federal Credit Union in Beulah, International Paper in Cantonment, Ascend, and the new Baptist Hospital. Whether you are looking to capitalize on area momentum with a flip or add a reliable asset to your rental portfolio, the potential here is undeniable. Secure this property in the path of progress at an attractive price point before the next wave of revitalization is complete.

Property Details

Property Type : Residential

Price : $130,000

AD Id : 77671723

MLS Id : 681305

Beds : 3

Lot Size : 0.16 Acre

Living Area Size : 1,368

Year Built : 1958

County : Escambia - Fl

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Bedroom Dimensions: 11x11 Bedroom 1 Dimensions: 10x11 Total beds: 3

Bathroom Information

Total Baths: 1 Full Baths: 1

Kitchen Information

Dining Room Remarks: Formal Dining Room Kitchen Room Remarks: Not Updated
Flooring Information

Carpet
Roofing Information

Flat
Interior Features

Roof: Flat Appliances: Electric Water Heater, Dryer, Washer
Heating & Cooling

Heating: Central Cooling: Central Air, Wall/Window Unit(s) WaterSource: Public

Building Information

Year Built: 1958 Construction Materials: Concrete
Exterior Features

Foundation Details: Slab
Pool Information

None
Road Types

Paved

Lot Information

Lot Description: Central Access Lot Size Area: 0.1632 Lot Size Units: Acres Lot Square Feet: 7,109 Lot Acres: 0.1632 Stories: 1 Main Square Feet: 0.1632

Property Information

Property Type: Residential Sub Type: Single Family ResidenceStyle: Ranch SQ ft (Living Area): 1,368 Subdivision: None

Listing Price Information

Original Listing Price: $130000

Tax Information

Parcel Number: 111S301901007060

Parking Information

Driveway

Elementary School: Lincoln Park

Junior High School: BEULAH

Senior High School: Pine Forest
Location Information

Direction: I-10 to Davis Hwy North. Right on Olive Rd, left on Palafox, right on Ten Mile Rd. Turn left onto Cherry Ave. Property is on the left.

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1006 Patriot Pl, Pensacola, FL, 32534	$279,900	3	3	1,769	1,769 SqFt
1007 Patriot Pl, Pensacola, FL, 32534	$289,900	3	2	1,803	1,803 SqFt
575 Timber Ridge Dr, Pensacola, FL, 32534	$387,000	4	3	2,489	2,489 SqFt
8803 Derby Ln, Pensacola, FL, 32534	$320,000	4	2	1,820	1,820 SqFt
204 Tower Dr, Pensacola, FL, 32534	$145,000	3	2	1,300	1,300 SqFt
219 Arbor Ave, Pensacola, FL, 32534	$100,000	3	1	1,175	1,175 SqFt
635 Saleta St, Pensacola, FL, 32534	$255,000	3	2	1,270	1,270 SqFt
627 Saleta St, Pensacola, FL, 32534	$295,000	4	2	1,779	1,779 SqFt
11102 Calvin St, Pensacola, FL, 32534	$275,000	3	2	1,508	1,508 SqFt
8748 Hollingsworth Ave, Pensacola, FL, 32534	$249,900	3	2	1,391	1,391 SqFt

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ByOwner last updated this listing 06/07/2026 @ 03:58

MLS: 681305 LISTED BY: Worthy Richardson, KELLER WILLIAMS REALTY GULF COAST 850-471-5000 SOURCE: Pensacola MLS