VALUE-ADD OPPORTUNITY IN PRIME PENSACOLA LOCATION! Welcome to 8481 Old Spanish Trail Rd, Pensacola, FL 32514. A 3 bedroom - 1.5 bath home offering 1,346 sqft of solid bones, strong upside, and multiple exit strategies. Whether you're a flipper, buy-and-hold investor, or savvy homeowner looking to force equity, this one checks the boxes. The home features a new HVAC system and a 12-year-old METAL roof in good condition, taking two major expenses off the table. The layout is functional and spacious, making cosmetic updates straightforward and cost-effective. With some paint, flooring, kitchen and bath refreshes, this property could shine as a quick cosmetic flip or be dialed in as a cash-flowing rental in a high-demand area. Located in an established neighborhood with convenient access to shopping, dining, schools, and major roadways, this property offers strong rental appeal and resale potential. No major structural concerns, just the opportunity to add value and maximize returns. Highlights: 3 Bed - 1.5 Bath,1,346 Sq Ft, New HVAC,12-year-old metal roof, Cosmetic updates needed - Ideal flip or long-term rental, Strong Pensacola rental market. Opportunities like this don't last long. Bring your vision and unlock the upside at 8481 Old Spanish Trail Rd.
For sale
$145,000
8481 Old Spanish Trail Rd, Pensacola, FL 32514
3beds
1,346sqft
Est.:
Townhouse
Built in 1972
2,178 Square Feet Lot
$-- Zestimate®
$108/sqft
$-- HOA
What's special
- 2 days |
- 224 |
- 2 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: January 05, 2026 at 10:20am
Listed by:
Scott Fader 888-227-1009,
Joseph Walter Realty, LLC
Source: PAR,MLS#: 675588
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 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
Appliances
- Included: Electric Water Heater
Features
- Flooring: Vinyl, Carpet
- Has basement: No
Interior area
- Total structure area: 1,346
- Total interior livable area: 1,346 sqft
Property
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 2,178 Square Feet
Details
- Parcel number: 061s293500000014
- Zoning description: County
Construction
Type & style
- Home type: Townhouse
- Architectural style: Ranch
- Property subtype: Townhouse
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Slab
- Roof: Gable,Metal
Condition
- Resale
- New construction: No
- Year built: 1972
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: No Energy Features
Community & HOA
Community
- Subdivision: Spanish Trail Villa
HOA
- Has HOA: No
Location
- Region: Pensacola
Financial & listing details
- Price per square foot: $108/sqft
- Price range: $145K - $145K
- Date on market: 1/5/2026
- Cumulative days on market: 118 days
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/5/2026 | Listed for sale | $145,000-6.5%$108/sqft |
Source: | ||
| 1/1/2026 | Listing removed | $155,000$115/sqft |
Source: | ||
| 11/10/2025 | Price change | $155,000-4.3%$115/sqft |
Source: | ||
| 10/3/2025 | Price change | $162,000-5.8%$120/sqft |
Source: | ||
| 9/8/2025 | Listed for sale | $172,000$128/sqft |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$923/mo
Principal & interest
$706
Property taxes
$166
Home insurance
$51
Climate risks
Neighborhood: 32514
Nearby schools
GreatSchools rating
- 4/10Scenic Heights Elementary SchoolGrades: PK-5Distance: 1.9 mi
- 4/10Ferry Pass Middle SchoolGrades: 6-8Distance: 1.4 mi
- 3/10Washington Senior High SchoolGrades: 9-12Distance: 3 mi
Schools provided by the listing agent
- Elementary: Scenic Heights
- Middle: FERRY PASS
- High: Washington
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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