Investor opportunity in Navy Point/Perdido! This 3-bedroom, 1.5-bath home offers 1,316 square feet of potential in a desirable Pensacola location. Major system updates have already been handled, including a 10-year-old roof, 2-year-old HVAC, 2-year-old water heater, and new exterior electrical panel. The home currently needs flooring, paint, and cosmetic updates, making it a strong option for an investor, rental hold, or buyer looking to add value. Conveniently located near NAS Pensacola, waterfront parks, shopping, and dining. Plenty of upside for the next owner to bring this property back to life.
For sale
$189,900
408 Labree Rd, Perdido Key, FL 32507
3beds
1,316sqft
Est.:
Single Family Residence
Built in 1945
6,969.6 Square Feet Lot
$-- Zestimate®
$144/sqft
$-- HOA
What's special
New exterior electrical panel
- 2 days |
- 509 |
- 23 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: April 03, 2026 at 07:02am
Listed by:
Scott Fader 888-227-1009,
Joseph Walter Realty, LLC
Source: PAR,MLS#: 680313
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: First
- Area: 100
- Dimensions: 10 x 10
Bedroom 1
- Level: First
- Area: 100
- Dimensions: 10 x 10
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Water Heater
Features
- Flooring: Carpet
- Has basement: No
Interior area
- Total structure area: 1,316
- Total interior livable area: 1,316 sqft
Property
Parking
- Total spaces: 1
- Parking features: Carport
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 6,969.6 Square Feet
Details
- Parcel number: 502s306090655029
- Zoning description: County
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Slab
- Roof: Gable
Condition
- Resale
- New construction: No
- Year built: 1945
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Navy Point
HOA
- Has HOA: No
Location
- Region: Perdido Key
Financial & listing details
- Price per square foot: $144/sqft
- Tax assessed value: $145,543
- Annual tax amount: $421
- Price range: $189.9K - $189.9K
- Date on market: 4/3/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/3/2026 | Listed for sale | $189,900+357.6%$144/sqft |
Source:  PAR #680313 Report a problem | ||
| 8/1/1986 | Sold | $41,500$32/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $421 | $145,543 +12.5% |
| 2023 | -- | $129,429 +19% |
| 2022 | $416 -0.4% | $108,722 +16.3% |
| 2021 | $418 +2% | $93,469 +10.8% |
| 2020 | $410 +1.1% | $84,352 +12.4% |
| 2019 | $406 | $75,062 +50.2% |
| 2018 | $406 +0.1% | $49,966 +2.1% |
| 2017 | $405 +2.2% | $48,939 +2.1% |
| 2016 | $397 +2.6% | $47,933 +0.7% |
| 2015 | $387 | $47,600 +0.8% |
| 2014 | $387 | $47,223 +1.5% |
| 2013 | -- | $46,526 +1.7% |
| 2012 | -- | $45,749 +3% |
| 2011 | -- | $44,417 +1.5% |
| 2010 | -- | $43,761 +2.7% |
| 2009 | -- | $42,611 +0.1% |
| 2008 | -- | $42,569 +3% |
| 2007 | -- | $41,330 +2.5% |
| 2006 | -- | $40,330 +3% |
| 2005 | -- | $39,160 +3% |
| 2004 | -- | $38,020 +1.9% |
| 2003 | -- | $37,310 +2.4% |
| 2002 | -- | $36,440 +1.6% |
| 2001 | -- | $35,870 +3% |
| 2000 | -- | $34,830 +2.7% |
| 1999 | -- | $33,910 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,163/mo
Principal & interest
$946
Property taxes
$217
More affordability tools
Climate risks
Neighborhood: Navy Point
Nearby schools
GreatSchools rating
- 1/10Navy Point Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 5/10Jim C. Bailey Middle SchoolGrades: 6-8Distance: 7.2 mi
- 4/10Pensacola High SchoolGrades: 9-12Distance: 5.6 mi
Schools provided by the listing agent
- Elementary: Navy Point
- Middle: BAILEY
- High: Pensacola
Source: PAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 32507
- Florida
- Escambia County
- Pensacola
- 32507
- Navy Point
- 408 Labree Rd
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