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514 S 1st St, Pensacola, FL 32507

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For Sale

$249,750

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 672937

Courtesy Of DONOVAN REALTY, INC

(850) 432-6104

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other

Map and Directions

Directions to 514 S 1st St, Pensacola, FL 32507

Home seller CENTURY 21 BE3

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 BE3

(800) 541-9923
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Copyright © 2025 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.