Thank you
Robert
HomeSmart Sunshine Realty
850-857-8515
This listing consists of a 93' wide by 117' deep, cleared level lot, at the dead end of a paved road (34th St) and a very well constructed 16' x 24' stick-built building with Hardie siding that can be converted into a 384 sf Tiny Home. The building is slightly off grade and can be moved if necessary. The Water TAP and electricity are both in place. With the proximity to downtown Pensacola, the airport, and the two large hospitals, a leading travel professional housing company has stated a tiny home in this location should produce a monthly rental income of $1800 per month plus other fees. Using a total figure of $150,000, which includes the build out and the land, and a yearly income of $21,600 the CAP rate would be 14.4%. Also included, is half interest in the road to the south (old 34th street), the road has been vacated by Escambia County and deeded to the owners on each side of the street. The property is not inside the Pensacola City limits.
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WaterSource: Public, Tap Fee Paid
Paved
County Road
Fenced
Lot Dimensions: 93' x 117'
Lot Description: Central Access, Cleared
Lot Size Area: 0.2845
Lot Size Units: Acres
Lot Square Feet: 12,393
Lot Acres: 0.2845
Waterfront: No Waterfront, No Waterfront Features
Main Square Feet: 0.2845
Property Type: Land
Sub Type: Residential Lots
Subdivision: None
Original List Price: $79000
Parcel Number: 042S306001010035
Elementary School: Oj Semmes
Junior High School: Workman
Senior High School: Washington
Direction: From Fairfield Drive, head south on Davis Highway, merge right on to Martin Luther King Drive, take the first right on 34th Street, the property is one block down at the NW corner of 34th and N. Hayne Street.
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
255 & 259 Tree Swallow Dr, Pensacola, FL,32503 | $54,900 | -- | -- | -- | 0.44 Acre |
1116 E Fisher St, Pensacola, FL,32503 | $188,000 | -- | -- | -- | 0.133 Acre |
900 Scenic Hwy #B, Pensacola, FL,32503 | $149,900 | -- | -- | -- | 0.2803 Acre |
900 Scenic Hwy #A, Pensacola, FL,32503 | $155,900 | -- | -- | -- | 0.2803 Acre |
1408 E Maxwell St, Pensacola, FL,32503 | $189,000 | -- | -- | -- | 0.155 Acre |
701 Boxwood Dr, Pensacola, FL,32503 | $54,900 | -- | -- | -- | 0.29 Acre |
104 E Anderson St, Pensacola, FL,32503 | $35,000 | -- | -- | -- | 0.16 Acre |
1169 Windchime Way, Pensacola, FL,32503 | $549,000 | 3 | 2 | 2,319 | 0.1272 Acre |
1117 E Fairfield Dr, Pensacola, FL,32503 | $180,000 | -- | -- | -- | 0.41 Acre |
1900 N 10th Ave, Pensacola, FL,32503 | $679,900 | 4 | 4 | 2,156 | -- |
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ByOwner last updated this listing 05/01/2024 @ 04:41
MLS: 640587
LISTED BY: Robert Gray, HomeSmart Sunshine Realty
SOURCE: Pensacola MLS
Buyer Agency Compensation: $2500
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.