Nestled in the heart of East Hill, just off N 14th Ave, this property showcases two charming duplexes boasting original brickwork and hardwood floors, ideal for investors seeking prime real estate. With a total of four Luxury Executive Rental units, comprising a 2 bed/2 bath currently renting month to month for $3200/mth, a 2 bed/1 bath, and two 1 bed/1 bath units, versatility meets opportunity.  Each unit is fully furnished with high-end furnishing, turnkey, and currently utilized as short-term rentals, presenting a lucrative potential gross income of $118k annually. Residents benefit from an outdoor entertaining space, community laundry room, and the convenience of all utilities covered by the owner. Strategically located in the vibrant East Hill neighborhood, mere miles from Downtown Pensacola, Publix, diverse dining options, craft breweries, the iconic Three Mile Bridge, and the sandy shores of Pensacola Beach, this property epitomizes convenience and accessibility. With its blend of historic charm and modern amenities, coupled with its income-producing potential, this fourplex is a standout investment opportunity in Pensacola's desirable East Hill district. Don't miss your chance to own a piece of this prime real estate market.

Travis Talley

KELLER WILLIAMS REALTY GULF COAST

Two story Quadraplex with excellent rental potential less than a mile from the entrance to NAS Pensacola with 157 FT +/- Waterfront on almost one acre on Bayou Grande! All units are 1 Bedroom, approx 720 sqft each. Units each have two (2) new window air conditioners. Detached 760 sqft storage building with electric service. Concrete slab from previous dwelling located between quadraplex and the water. Dock shown in some aerial views is no longer there.

Rebecca Deoliveira

John Waas Realty

Sandy Blanton

TEAM SANDY BLANTON REALTY, INC

Looking for a great short term or long term investment property with NO HOA just a few minutes from Perdido Key's white sandy beaches? Look no further! This 4-Plex is a rare find, located in Perdido Key just minutes from the breathtaking Perdido Key Beach, Perdido Key, Gulf Islands National Seashore, Big Lagoon State Park, Tarkiln Bayou Preserve, & more! Each unit is rental ready and features 2 bedrooms and 1.5 bathrooms, with an open floorpan and full kitchen! Unit numbers are 6211, 6213, 6215, and 6217.

Thong tommy Huynh

One of the most historic buildings in downtown Pensacola is now available.  Located in the heart of the Old East Hill Neighborhood and once the home home of Mrs. King, of the family which East and West King Tracts are named after. The property is walking distance to all the amenities of the city center. The building is divided into four beautiful apartments all with unique features. Tongue and groove ceilings, original wood floors, exposed brick, fireplaces and beautiful custom mill work dress the spaces with style and grace. Each unit has a private entry with decks and porches for lounging. Units also have washers and dryers. The property is being offered fully furnished, turn key and income producing.  Currently the building is grossing $96K per year on short term to mid term rentals.  In addition the building has new plumbing and 3 new HVAC units. Located in Downtown Pensacola just a hop, skip and a jump from the thriving city center.  Restaurants, entertainment venues, festivals, and festivals are at your disposal.  This is the epicenter of the city! This well maintained income producing building will not last long, call today!

Eric Milstead

Florida's Top Properties, LLC

Experience the charm of history with this captivating Original East Hill transformed into a Quadplex, meticulously renovated in 1994 from the ground up. With an impressive healthy income yearly, this Quadplex boasts reliable tenants and blends timeless character with modern convenience. Unit (1) offers 2 bedrooms and 2 bathrooms, Unit (2) features 1 bedroom and 1 bathroom, Unit (3) provides 2 bedrooms and 1 bathroom. Catering to diverse living needs. Ideally located a few blocks away from the newly established East Hill Publix, The Burrow, Ozone, City Parks, and Downtown Pensacola, residents enjoy unparalleled access to the vibrant pulse of East Hill living. Recent upgrades, including a new roof in 2021, fresh paint in 2023, and updated hot water heaters and appliances, enhance the property's appeal. Meticulously maintained, this Quadplex presents a lucrative investment opportunity for savvy buyers seeking to capitalize on the thriving East Hill market. PLEASE DO NOT DISTURB EXISTING TENANTS

Larry Kuhn

Kuhn Realty

Bruce Carpenter

ERIC GLEATON REALTY, INC

This are great income producing properties out in Perdido Key area. Near the beaches, and all other amenities out on the west side of Pensacola. The current rents are A= $950. Mo. to Mo. B= $1,300. 5/31/25 C= 1,050. expires 2/25 D= 1,000. expires 9/24 The leases should be able to be increased based on the market rents in this area. The units were built in 2007 and that is the age of the roof. Seller will owner-finance to qualified buyers with a minimum of 20% down and 8.5% 30 year amortization with a 5 year balloon. The Seller's are motivated by the owner financing. ideally, the owners would like to owner finance.These units are about 1,000 square ft and 2 bedroom 2 bath very well thought out.

Eric Gleaton

This is a 4-Plex for sale located in the Foxborough Townhome complex that is located in the Fox Run S/D. There are 4 separate addresses registered with the US Post Office. 10117 Vixen Place, 10119 Vixen Place, 10121 Vixen  Place, and 10123 Vixen Place. The 4 properties have the same square footage and floor plans. and the end units have a fireplace.  2 bedrooms and a continental bath upstairs and there are pull down stairs to the attic access. Downstairs you have the great room area with laundry, 1/2 bath and equipped kitchen. Foxborough is a great location. Quite and peaceful yet located near UWF, Medical facilities, Shopping and Interstate. All of the 4 properties are in great shape. The properties have many recent upgrades. New roof in 2021, all new HVAC systems and  newer water heaters. One of only 3 building in the Foxborough complex with copper plumbing.

Charles Storm

STORM REALTY

Kristen West

Levin Rinke Realty

Annual income of $49,800 OF RENTAL INCOME each year with these two Duplexes that are on one property with a high potential to bring that to $52,800 a year.  All brick. 2/1 (per unit) with potential for an increase in rental income with a little cosmetic work.  This place is centrally located in the heart of Pensacola close to the mall, airport, Publix and the hospitals. This area is in north East Hill which is a high demand area to live in. This would be a great investment property for anyone.  You can even take advantage of Fannie Mae's new program where they only require 5% down if you live in one of the units. There is a Carport and Laundry room for each apartment.    ROOF was replaced in November of 2014.   There is a new electrical panel for each unit that was replaced in 2020.   Age of Water heaters for units are as follows.      Water Heater      2022+/- Apt B      2009 Apt A      2018 Apt C, D

Stuart West

REDUCED PRICE on this Incredible investment opportunity in the real estate market! This Four-plex includes three 2 bedroom 1 bathroom units and an efficiency unit. All units come with new washer/dryer sets. This four-plex is set up with tankless hot water heaters. The amenities like separate entrances for each with a shared screen patio overlooking tranquility add to the unique vibe. New metal roof in September of 2021, new HVAC systems, granite countertops, luxury vinyl plank, hardwood floors add value and appeal to potential tenants. Being near Ferry Pass Bayou adds to its charm and potentially attracts renters seeking a unique location just off Nine Mile Road. Previous renter produced more! All units have Full Bathrooms with some upgrades with some units partially furnished. The potential to add another building with more units could significantly increase your rental income and overall return on investment. Just think what you could do with this property as a short term investment so close to West Florida Hospital and University of West Florida. Parents coming to town and students who may need housing equal great potential as well the market for short term locations have become a great money maker. And think about all the business professionals in the area who may need a home away from home as they travel. Use the Pole Barn with concrete pad how you'd like and there is a basement. All units are currently vacant so if you want to add this great offering to your investment portfolio before the units are rented out or choose to make this your home. You could live in your choice unit and rent the remaining units out - Call to find out how. If you want another option or a second investment take a look at MLS 639218 - 2371 Le Ruth Dr. adjacent property next door which is also for sale!

Catherine Bergfelder

Epique Realty, Inc.

INVESTOR OPPORTUNITY!! 2 BUILDINGS WITH SEPARATE PARCELS BEING SOLD TOGETHER AS A PACKAGE DEAL ($530,000 EACH BUILDING). EACH BUILDING HAS 4 UNITES (2 PER FLOOR). 2 BEDROOM/1BATH EACH (APPOX. 960 SQ. FT.) TOTAL 8 DOORS. ALL BUT 1 UNIT IN THIS BUILDING IS RENTED. VARYING LEASE EXPIRATION DATES. GREAT LOCATION, NEAR NAS, SHOPPING AND CLOSE TO DOWNTOWN AREA. FRESH EXTERIOR PAINT, NEWER ROOFS. TUCKED BACK FROM W. FAIRFIELD DRIVE WITH A RESIDENTIAL NEIGHBORHOOD. MUST SEE TO BELIEVE.

Ann Ross

Southern Homes Realty LLC

INVESTOR OPPORTUNITY!! 2 BUILDINGS WITH SEPARATE PARCELS BEING SOLD TOGETHER AS A PACKAGE DEAL ($530,000 EACH BUILDING) EACH BUILDING HAS 4 UNITS (2 PER FLOOR) 2 BEDROOM/1 BATH EACH (APPROX. 960 SQ. FT.) TOTAL 8 DOORS. ALL BUT 1 UNIT IN THIS BUILDING IS RENTED. VARYING LEASE EXPIRATION DATES. GREAT LOCATION, NEAR NAS, SHOPPING AND CLOSE TO DOWNTOWN AREA. FRESH EXTERIOR PAINT, NEWER ROOFS. TUCKED BACK FROM W. FAIRFIELD DRIVE WITH A RESIDENTIAL NEIGHBORHOOD. MUST TO SEE TO BELIEVE.

Jarrett Turner

Let your imagination breathe new life into this historic Queen Anne building located steps from famous Palafox St. This 4,076 SF building, originally built in 1908, is adorned with architectural detail from days gone by. Last used as an office, the building has undergone a partial renovation to turn it into a B&B. Possibilities abound for the future use of this building. Complete the renovations and have a 4-unit B&B, return the building to use as an office or business, or convert the upstairs into an apartment for a live-work space. This property may qualify for Historic Preservation Tax Incentives. Come see this amazing opportunity for yourself. Photos reflect properties current condition. If you are looking for a flip; Comparable Properties that have been remodeled in this area are listed around $850,000-$900,000. If you are looking for a future rental; Rental Projection for a 4 unit is $50k-$60k annually.

Jamie Gillispie Turner

Don's miss this rare jewel. The possibilities are endless. Live in part of building as your primary residence, live in entire building, lease out part, lease out all, second home, investment, etc. These opportunities do not come along often and certainly not in East Hill on one of the most desirable streets, Lakeview Avenue. Over 6200 livable square footage, basement, 6 car garage for both renters and owners, directly across from the park, mixture of period architecture and modern conveniences. Apartment A, downstairs, was converted to a generous 1600-square foot apartment with upscale kitchen, 1 full bedroom and 2 bath. 2 living rooms allow for a guest room conversion. Apartment B, downstairs, has 2 bedrooms, 2 baths, sunroom, nice size laundry room. Very cozy, very well appointed. Apartment C, upstairs, is a 2 bedroom, 2 bath, living, dining, sunroom, mudroom. Apartment D, upstairs, has 2 bedrooms, 2 baths, sunroom and a tenant who has grown with the building for decades. Elevator on east side makes connection between Apartments A and C possible. Many renovations done in recent years have updated an historic find.

1515 E Lakeview Ave, Pensacola FL 32503

1515 E Lakeview Ave, Pensacola FL 32503

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