• Asking Price $645,000
  • Estimated Value: $262,349
  • 729 LOWNDE AVE PENSACOLA, FL 32507

  • 8 Beds 4 Baths 2,808 SqFt
  • Multi-family (5 or more units) / Resale (MLS)

Property Details for 729 LOWNDE AVE, PENSACOLA, FL 32507

Features

  • Price/sqft: $229
  • Lot Size: 10498 sq. ft.
  • Total Units: 4
  • Total Rooms: 12
  • Room List: 8 Bedrooms, 4 Full Baths
  • Stories: 200
  • Roof Type: FLAT
  • Heating: 3
  • Construction Type: Masonry
  • Exterior Walls: Concrete Block

Facts

  • Year Built: 01/01/1965
  • Property ID: 858317752
  • MLS Number: 640414
  • Parcel Number: 35-2S-31-1000-016-150
  • Property Type: Multi-family (5 or more units)
  • County: Escambia
  • Legal Description: LT 16 & S 25 FT OF LT 17 BLK 150 BEACH HAVEN PLAT DB 46 P 51 OR 7882 P 1320 SEC 54/35 T 2S R 30/31
  • Zoning: HDMU
  • Listing Status: Active

Pre-Foreclosure Info

  • Recording Date: 06/06/2008
  • Recording Year: 2008

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Location, location, location. This quadplex is close to NAS Pensacola, Corry Station and Perdido Key Beaches. The rents range between $1200-1350 a unit. This property sits on a secluded park like setting. Each unit is 2/1 with dryer hookups. Historical rents in 2023-2024 have been between $1200-$1350 but market may yield higher rent. All utilities are electric. The owner has made countless updates. Two units recently had significant upgrades to the kitchen/bath including, cabinets, granite and island in the kitchen and wall/floor tile and new shower in the baths. Crown molding has been added throughout these two units as well. Numerous other upgrades since purchase to include sod, irrigation, 2 new AC units , tile backsplashes throughout, electronic locks on all doors, solar powered wireless motion activated lights and cameras. The Building is rock solid with concrete block exterior walls. The roof is membrane commercial grade. The property is 10 minutes to downtown, 5 minute walk to public beach on Bayou Grande, and 3 minutes to public boat launch. Make an appt today!

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Property Brokerage: Levin Rinke Resort Realty 10 Portofino Dr. Pensacola Beach FL 32561
Copyright © 2024 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.