401 W Wright St, Pensacola, FL 32501
Local realty services provided by:Better Homes and Gardens Real Estate Emerald Coast



401 W Wright St,Pensacola, FL 32501
$286,500
- 1 Beds
- 1 Baths
- 640 sq. ft.
- Single family
- Active
Listed by:caroline jordan
Office:link realty gulf coast llc.
MLS#:662977
Source:FL_PMLS
Price summary
- Price:$286,500
- Price per sq. ft.:$447.66
About this home
Offered Turnkey & Furnished | Owner Financing Available. A charming one bedroom bungalow on an oversized 0.17-acre corner lot in the historic and thriving Belmont-DeVilliers neighborhood of Downtown Pensacola. With a central location, flexible zoning potential, and a unique backstory rooted in Pensacola’s vibrant culture, this property is full of opportunity—for investors, creatives, and anyone with an eye for potential. This fully renovated urban studio bungalow is currently operating as a furnished Airbnb and is currently leased on an annual basis for $1,695/month—a turnkey income-producing property from day one. With gleaming hardwood floors, a modern kitchen, updated tile bath, cozy sleeping nook with queen bed, and a pull-out sofa, this light-filled home is ideal for travelers, tenants, or short-term guests. New AC with warranty, New Hot Water Heater, New Roof. The Lot + Possibilities: This huge corner parcel offers rare flexibility in one of the most exciting areas of Pensacola: Build a duplex (side-by-side or up/down) Keep the current house and add an Accessory Dwelling Unit (ADU) Add a garage with carriage house apartment, Use the backyard for RV parking or lease it separately, Install a pickleball court and create a "Pickle Pied-à-Terre" Or, start fresh and redevelop the entire site. Building plans are available, and owner financing is offered at 4.95% FULL PRICE OFFER interest with a mandatory 5-year balloon, making this an accessible and creative opportunity for a range of buyers. Just a few blocks from Palafox Street, Everman’s Cooperative Grocery and Cafe, the Pensacola Bay Center, The Maritime Park and Wahoo Stadium. The area is buzzing with revival energy—iconic eateries like Five Sisters Blues Café, Blue Dot BBQ and Dwarf Chicken blend with newcomer Betty’s on Belmont and the in progress Great Harvest Bakery at the nearby Savoy Apartments.
Contact an agent
Home facts
- Year built:1972
- Listing Id #:662977
- Added:114 day(s) ago
- Updated:August 03, 2025 at 02:51 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
- Living area:640 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Natural Gas
Structure and exterior
- Roof:Shingle
- Year built:1972
- Building area:640 sq. ft.
Schools
- High school:Pensacola
- Middle school:WORKMAN
- Elementary school:Global Learning Academy
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$286,500
- Price per sq. ft.:$447.66
New listings near 401 W Wright St
- New$280,000Active3 beds 2 baths1,444 sq. ft.
1200 Wisteria Ave, Pensacola, FL 32507
MLS# 669317Listed by: LEVIN RINKE REALTY - New$625,000Active3 beds 3 baths1,936 sq. ft.
13909 Del Rio Dr, Pensacola, FL 32507
MLS# 669319Listed by: WESTERHEIM REALTY, LLC - New$145,000Active2 beds 2 baths1,078 sq. ft.
1500 Johnson Ave #128, Pensacola, FL 32514
MLS# 669322Listed by: THE REALTY VAULT - New$1,100,000Active6 beds 5 baths4,273 sq. ft.
3159 Belle Christiane Pl, Pensacola, FL 32503
MLS# 669323Listed by: OBERHAUSEN REALTY - New$1,459,000Active6 beds 5 baths3,250 sq. ft.
1115 E La Rua St, Pensacola, FL 32501
MLS# 669324Listed by: SOUTHERN REALTY GULF COAST LLC - New$20,000Active0.14 Acres
12 N Merritt St, Pensacola, FL 32507
MLS# 669306Listed by: COLDWELL BANKER REALTY - New$269,000Active3 beds 2 baths1,141 sq. ft.
212 Shadowlawn Ave, Pensacola, FL 32507
MLS# 669308Listed by: VOYAGE REAL ESTATE LLC - New$415,000Active3 beds 3 baths2,015 sq. ft.
125 Memory Ln, Pensacola, FL 32503
MLS# 669309Listed by: LEVIN RINKE REALTY - New$45,000Active0.3 Acres
6001 Toulouse Dr, Pensacola, FL 32505
MLS# 669301Listed by: CONNELL & COMPANY REALTY INC. - New$224,000Active2 beds 2 baths1,152 sq. ft.
2556 Granada Camino, Pensacola, FL 32507
MLS# 669293Listed by: KELLER WILLIAMS REALTY GULF COAST