1409 N 10th Ave, Pensacola, FL 32503

$500,000
2
BD
2
BA
1,720
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$500,000
MLS#
687487
Status
ACTIVE
Type
Single Family Residential
Year Built
1937
Acres
0.40
City
Pensacola
Subdivision
New City Tract
Bedrooms
2
Bathrooms
2
Days on Market
0

Property Description

A rare opportunity to own nearly .40 acres in East Hill with the ability to subdivide into two buildable lots, confirmed with City Planning & Zoning. Whether you're looking for a 1937 home to restore, an unusually large homesite for a primary residence, or your next development project, this property offers options that are increasingly difficult to find in East Hill. The existing 2 bedroom, 2 bath brick home has hardwood floors, mature oak trees, a charming arched front doorway, sunroom, and an additional bonus room between the hallway and primary bedroom. The home needs renovation, but there is plenty here to work with. Restore and expand the existing home while keeping an incredible amount of yard, renovate the home and build a second residence, or subdivide and build two new homes. The property directly behind this one sold this year for $450,000, was cleared, and two new homes are now being built on that site—and this lot is even larger. The location is a big part of the opportunity. East Hill's parks, restaurants, breweries, and neighborhood gathering spots are all close by, along with nearby boat launch access and Publix just a couple of minutes away. Downtown Pensacola is only a short drive or bike ride from home, putting festivals, restaurants, galleries, and waterfront events within easy reach. We'd love to see someone restore this 1937 home and take advantage of all that extra land, but for a builder or investor, the ability to subdivide nearly .40 acres in this location may be the real story.

Additional Information

Style
Cottage
High School
Pensacola
Living Area
1,720
Lot Description
Corner Lot
Interior Features
Bonus Room, Sun Room, Office/Study
Cooling
Central Air
Heating
Natural Gas
Roof
Shingle
Pool Description
None
Parking
Driveway
Elementary School
Oj Semmes
Middle School
WORKMAN
High School
Pensacola

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of KELLER WILLIAMS REALTY GULF COAST.

Copyright© 2016 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.