Active
705 W Garden St
Pensacola FL, 32502
$1,990,000
$304.28 per sqft
Active
6,540 sqft
Condos
Built in 1908
Looking for a great and unique investment opportunity? Look no further! This incredible historic home in downtown has been lovingly renovated into nine private apartments surrounded by gardens and patios and within walking distance of Palafox Street. This home is a perfect blend of classic charm with modern amenities. Apartments feature wood floors, tiled baths, stained glass, transom lights, some with gas/electric fireplaces, and beautiful woodworking including board and beam ceilings in some of the units. Units vary in size from studio apartments (3), one bedroom suites (5) and one very beautiful and spacious three bedroom two bath apartment. Eight of the nine apartments fully restored and functioning as very successful short term rentals. The projected 20% ROI based on 2023 numbers makes it even more attractive. Plus, the artisan brickwork and surrounding gardens add significant curb appeal, enhancing its overall value.
650667
MLSⓇ ID
August 14, 2024
Listed
October 14, 2024
Updated
Map
705 W Garden St
Pensacola FL, 32502
Interior Features
Total Stories
2
Appliances
Water Heater, Dryer, Washer, Dishwasher, Disposal, Microwave, Refrigerator
Floor Description
Wood
Fireplace
Yes
Fireplace Description
Two or More
Cooling
Yes
Cooling Description
Ceiling Fan(s), Multi Units, Gas, Wall/Window Unit(s)
Heating
Yes
Heating Description
Wall/Window Unit(s)
Exterior/Building Features
Exterior Features
Balcony
Lot Features
Central Access
Roof
Shingle
Sewer
Public Sewer
School Information
High School
Pensacola
Elementary School
Global Learning Academy
Other Property Details
Days on Market
33
Garage
No
View
No
County
Escambia
Pool
No
Courtesy of POINTE SOUTH, Aaron Robison,
Listing Contact:
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Last updated 10/14/2024 11:26 PM UTC