This Multi Family complex is set for over a 12% CAP and is a mix of block built homes, duplexes and mobile homes with a proven track record for bringing an investor a strong return. With 16 Units altogether - 3 Are in need of rehabilitation and 14 units are leased with transferrable deposits. Gross rents for current leases is $9,000/Month and $5,845/month Net after all maintenance, tax, trash, repairs budget and utility expenses. With 3 units that could be brought back to rented status, there is potential for more income. Owner pays water, trash, grounds maintenance, and makes all repairs. 10 Septic systems (some units share a tank) are all operational and have been personally maintained. 3 of the mobile homes do not have transferable title, and must be transferred with hold harmless. CASH ONLY - No Financing other than private loans. Ask your agent for the detail sheet provided in our documents or call today for more info!
Sold for $475,000
$475,000
701 N Old Corry Field Rd, Pensacola, FL 32506
--beds
--baths
9,000sqft
MultiFamily
Built in 1957
-- sqft lot
$472,700 Zestimate®
$53/sqft
$1,041 Estimated rent
Home value
$472,700
$421,000 - $529,000
$1,041/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: March 31, 2025 at 02:54pm
Listed by:
William Boatner 901-692-2458,
KELLER WILLIAMS REALTY GULF COAST
Bought with:
William Boatner
KELLER WILLIAMS REALTY GULF COAST
Source: PAR,MLS#: 655588
Facts & features
Interior
Heating
- Central, Wall/Window Unit(s)
Cooling
- Central Air, Wall/Window Unit(s)
Features
- Has basement: No
Interior area
- Total structure area: 9,000
- Total interior livable area: 9,000 sqft
Property
Features
- Levels: One
- Stories: 1
Lot
- Features: Corner Lot
Details
- Parcel number: 342s300170001054
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
Materials
- Block, Frame
- Roof: Composition,Metal
Condition
- Resale
- New construction: No
- Year built: 1957
Utilities & green energy
- Electric: Circuit Breakers
Community & neighborhood
Location
- Region: Pensacola
- Subdivision: Murray Hill
Other
Other facts
- Price range: $475K - $475K
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2025 | Sold | $475,000-15.9%$53/sqft |
Source:  PAR #655588 Report a problem | ||
| 2/21/2025 | Pending sale | $565,000$63/sqft |
Source: PAR #655588 Report a problem | ||
| 1/24/2025 | Price change | $565,000-5.8%$63/sqft |
Source: PAR #655588 Report a problem | ||
| 11/23/2024 | Listed for sale | $599,900$67/sqft |
Source: PAR #655588 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,327 -0.1% | $208,617 +2.1% |
| 2023 | $4,333 +4.8% | $204,323 +7.7% |
| 2022 | $4,133 +3.7% | $189,731 +11.4% |
Find assessor info on the county website
Neighborhood: Brownsville
Nearby schools
GreatSchools rating
- 4/10West Pensacola Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 2/10Warrington Middle SchoolGrades: 6-8Distance: 1 mi
- 4/10Pensacola High SchoolGrades: 9-12Distance: 3 mi
Schools provided by the listing agent
- Elementary: West Pensacola
- Middle: WARRINGTON
- High: Pensacola
Source: PAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$472,700
2% more+$9,454
With Zillow Showcase(estimated)$482,154