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608 N 9th Ave

Pensacola, FL 32501
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Bed --

Bed

Bath 3

Bath

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 Income

Price : $700,000

AD Id : 87513707

MLS Id : 685359

Year Built : 1936

County : Escambia - Fl

Subdivision: New City Tract

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Feature Features

  • Bathroom Information

    Total Baths: 3 Full Baths: 3
  • Flooring Information

    Hardwood
  • Roofing Information

    Shingle
  • Interior Features

    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: Off Grade
    Porch: Deck, Porch
  • Pool Information

    None

  • Lot Information

    Lot Description: Central Access Lot Size Units: Acres Stories: 1

    Property Information

    Property Type: Residential Income Sub Type: DuplexSubdivision: New City Tract

  • Listing Price Information

    Original Listing Price: $749000

  • Tax Information

    Parcel Number: 000S009025019062

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

    Direction: From Cervantes, go south on 9th Ave, house is on the left
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Copyright © 2026 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 07/16/2026 @ 05:59

MLS: 685359 LISTED BY: Katie Anderson, KELLER WILLIAMS REALTY GULF COAST 850-471-5000 SOURCE: Pensacola MLS

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