514 S 1st St, Pensacola, FL 32507

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Sold Price
$225,000
List Price
$249,750
Closing Date
Jan 15, 2026
MLS#
672937
Type
Multifamily
Year Built
1935
City
Pensacola
Subdivision
New Warrington
Status
SOLD

Property Description

Excellent investment opportunity! Renovated duplex located less than 3 minutes from Pensacola NAS main gate and 15 minutes from Downtown Pensacola. 2021 renovation including new architectural shingle roof on duplex and detached buildings, all new plumbing supply lines and water heaters, complete rewiring, and renovated bathrooms. Both units have central heat and air. Unit #1 has been completely remodeled: new kitchen cabinets, countertops, and appliances, new central heat and air units and duct work, stacked washer and dryer, and refinished original wood floors. Unit #2 has had a full remodel of the bath only; washer/dryer hookups are in the detached outbuilding. Current rents are Unit #1 $1,295 (leased through 7/2026) and Unit #2 $850 (long-term tenant with one month remaining on lease). Current termite treatment contract with Cook's Pest Control. Detached buildings behind each unit convey in strictly "as is" condition.

Additional Information

High School
Escambia
Lot Description
Interior Lot
Interior Features
Ceiling Fan(s), Crown Molding
Cooling
Ceiling Fan(s), Central Air
Heating
Central
Waterfront Type
None
Roof
Shingle
Parking
Driveway

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of DONOVAN REALTY, INC. Selling Office: A List Beach Realty LLC.

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