503 Mandalay Dr, Pensacola, FL 32507

$310,000
2
BD
2
BA
1,147
SqFt

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Sold Price
$310,000
List Price
$305,000
Closing Date
Oct 01, 2026
MLS#
683654
Type
Single Family Residential
Year Built
1965
City
Pensacola
Subdivision
Lakewood
Bedrooms
2
Bathrooms
2
Living Area
1,147
Acres
0.46
Status
SOLD

Property Description

WOW...A mere stroll to Lakewood Waterfront Park & a half-mile to Island Cove Marina & Pelicans Perch Marina sits this REMARKABLE REMODELED STUNNING PROPERTY! Looking to downsize home yet have room for beloved pets OR extra room for recreational toys? How about a place where you can live in one & rent another to offset bills? This mid-century home with attached garage with a gambrel-style 16' x 32' outbuilding on a near HALF-ACRE checks all boxes! The finished home WITH SEWER & 200 amp makes it an easy connection to the outbuilding. Homes in Lakewood Subdivision were built to stand the test of time & NO HOA...so bring your recreational toys. In 2017-2020 home was gutted down to studs & remodeled from inside out with new roof, plumbing, rewiring, windows, vinyl-siding, insulation, decking, 2.5 ton HVAC System, water heater & more. Wood floors & interior painting were recently done along with a new gravel drive with pave edging & a custom landing pad off the 3/4 wrap-around cedar-stained deck. The roof on home & outbuilding are both 2017. A mere stroll to the waterfront park where you can paddle right to the Oar House Waterfront Restaurant, renowned Joe Patti's Seafood Market or the newly opened Beach Park with trails. Booming Downtown & Naval Air Station are a mere drive, in fact, Pensacola's own 'Blue Angels' practice weekly right over Lakewood, giving you front row seating....WOW! Longtime owner says, "home has never flooded" Home is in an "X" zone & sits right outside city limits. This home is a "WOW" factor....call a Realtor to view, you'll be glad you did~

Additional Information

Style
Ranch
High School
Escambia
Lot Description
Interior Lot
Interior Features
Baseboards, Ceiling Fan(s), Recessed Lighting, Vaulted Ceiling(s), Smart Thermostat
Cooling
Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment
Heating
Central
Roof
Shingle, Gable
Pool Description
None
Parking
Garage, Front Entrance, Guest

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of WaterFrontCity Realty LLC. Selling Office: PAR Outside Area Listing Office.

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