8511 Cherry Ave, Pensacola, FL 32534

$80,000
3
BD
1
BA
1,368
SqFt

Show Photos

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

Sold Price
$80,000
List Price
$130,000
Closing Date
Jun 08, 2026
MLS#
681305
Type
Single Family Residential
Year Built
1958
City
Pensacola
Bedrooms
3
Bathrooms
1
Living Area
1,368
Acres
0.16
Status
SOLD

Property Description

SELLER REQUESTS HIGHEST & BEST OFFER BY: 05/07/2026 AT 12PM. Investors and visionaries, take note of this exceptional opportunity in one of Pensacola’s most active growth corridors. Priced specifically for the savvy investor, this property serves as a perfect canvas for a high-yield project with major system updates already completed, including an UPDATED ROOF, HVAC system, and WINDOWS! The neighborhood’s transformation is evident, with extensive redevelopment and new construction occurring directly on Cherry Ave and the surrounding blocks, signaling a strong upward trend in local property values. The home sits on a generous lot, offering the versatility needed for a modern renovation or a strategic buy-and-hold. A standout feature is the unique flex area that previously served as a bedroom. With its own exterior door providing direct access to the front porch, this bonus space is easily converted back into a bedroom, home office, or guest suite with private access. Plumbing is nearby and presents potential for adding an additional bathroom. The location ensures strong demand, providing quick access to the I-10 interchange, Nine Mile Road, and major employers including Navy Federal Credit Union in Beulah, International Paper in Cantonment, Ascend, and the new Baptist Hospital. Whether you are looking to capitalize on area momentum with a flip or add a reliable asset to your rental portfolio, the potential here is undeniable. Secure this property in the path of progress at an attractive price point before the next wave of revitalization is complete.

Additional Information

Style
Ranch
High School
Pine Forest
Lot Description
Central Access
Cooling
Central Air, Wall/Window Unit(s)
Heating
Central
Roof
Flat
Pool Description
None
Parking
Driveway

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. Selling Office: OUTSIDE AREA SELLING OFFICE.

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.