investment property pensacola florida

If you're searching for an investment property in Pensacola with renovation potential, this newly available Meadowbrook home deserves a closer look.

Located in the desirable Myrtle Grove area of Pensacola, Florida, this 4-bedroom, 2-bath home offers approximately 1,746 square feet of living space on a quarter-acre lot. Available for the first time in decades, the property combines solid block construction, a functional layout, and numerous updates while still offering opportunities for customization and value-add improvements.

The home's split-bedroom floor plan places the primary suite on one side of the residence while three additional bedrooms and a guest bath occupy the opposite wing. A central living room serves as the heart of the home, while the eat-in kitchen features original hardwood cabinetry, a gas stove, and a pass-through window overlooking the spacious family room.

One of the property's standout features is the oversized family room with a fireplace, built-in bookcases, recessed lighting, Solatube skylights, and French doors leading into an enclosed sunroom. Vinyl replacement windows and luxury vinyl plank flooring have already been installed, while the guest bathroom has been updated with a solid-surface shower surround, modern vanity, countertop, and fixtures.

Additional improvements include a Rinnai tankless water heater and various electrical upgrades completed over time.

Outside, the property features a one-car garage, attached carport, mature lot, and the former footprint of a swimming pool that has been filled in. Existing concrete decking and walkways remain, offering future possibilities for outdoor living spaces.

The surrounding Meadowbrook neighborhood showcases strong pride of ownership, with nearby homes reflecting ongoing investment and maintenance. Conveniently located near NAS Pensacola, Perdido Key beaches, shopping, dining, and schools, this property offers an attractive opportunity for investors, renovators, or buyers seeking a project with long-term upside.

Property Highlights

  • 4 Bedrooms / 2 Bathrooms

  • Approximately 1,746 Square Feet

  • Quarter-Acre Lot

  • Concrete Block Construction with Brick Facade

  • One-Car Garage and Carport

  • Vinyl Replacement Windows

  • Luxury Vinyl Plank Flooring

  • Updated Bathroom

  • Rinnai Tankless Water Heater

  • Fireplace

  • Built-In Bookcases

  • Enclosed Sunroom

  • Solatube Skylights

  • Split Floor Plan

  • Cash Sale / Sold As-Is

  • Meadowbrook Neighborhood, Myrtle Grove, Pensacola, Florida