608 N 9th Ave, Pensacola, FL 32501
Local realty services provided by:Better Homes and Gardens Real Estate Main Street Properties
608 N 9th Ave,Pensacola, FL 32501
$650,000
- - Beds
- 3 Baths
- 1,300 sq. ft.
- Multi-family
- Active
Listed by: katie anderson
Office: keller williams realty gulf coast
MLS#:685359
Source:FL_PMLS
Price summary
- Price:$650,000
- Price per sq. ft.:$500
About this home
*Seller Financing available with $350k down* Located less than one mile from Downtown Pensacola, 608 N 9th Ave offers two fully furnished rental units on one property with established mid-term rental income already in place. Check the documents for proven cap rate info! The front unit is a 2 bedroom, 1 bath cottage with a covered front porch, bright exterior, and a layout that works well for furnished rental use. The back unit is a 2 bedroom, 2 bath residence, with off street parking, giving the property two separate rental options on one downtown-adjacent parcel. Both units are currently leased through the remainder of 2026, giving an investor immediate income without the initial vacancy period, furnishing expense, or setup work typically required when launching a furnished rental. The sale includes furnishings, and the property is currently self-managed with no property management fee built into the current operation. Projected 2026 gross revenue is approximately $66,506 based on seller-provided income history and existing lease agreements. The location supports multiple rental strategies, with quick access to Downtown Pensacola, Pensacola Bay Center, McGuire’s, the Sanctuary Event Venue, Publix, restaurants, festivals, and Pensacola Beach. The two-unit setup gives a buyer flexibility for mid-term rentals, furnished rentals, corporate housing, travel professionals, or a future owner-occupant scenario with personal residence in one unit and rental for the other. Financial information, income history, projected expenses, and lease details are available for review. Buyers should verify all figures, lease terms, taxes, and rental projections during due diligence....
Contact an agent
Home facts
- Year built:1936
- Subdivision & Development:New City Tract
- Listing ID #:685359
- Added:55 day(s) ago
- Updated:August 27, 2026 at 04:05 PM
Rooms and interior
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Hardwood
- Kitchen Description:Electric Water Heater
- Living area:1,300 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1936
- Building area:1,300 sq. ft.
- Lot Features:Central Access
- Construction Materials:Frame
- Exterior Features:Deck, Porch
- Levels:1 Story
Schools
- High school:Pensacola
- Middle school:WORKMAN
- Elementary school:Suter
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$650,000
- Price per sq. ft.:$500
Features and amenities
- Amenities:Electric Water Heater
Parking
- Total parking spaces:1
- Parking description:Carport
- Carport spaces:1
New listings near 608 N 9th Ave
- Coming Soon
$950,000Coming Soon4 beds 4 baths2,216 sq. ft.700 W Moreno St, Pensacola, FL 32501
MLS# 680125Listed by: RE/MAX HORIZONS REALTY - Coming Soon
$350,000Coming Soon4 beds 2 baths1,873 sq. ft.4900 Lanett Dr, Pensacola, FL 32526
MLS# 684738Listed by: NEXTHOME MOMENTUM REALTY - Coming Soon
$84,900Coming Soon3 beds 2 baths1,440 sq. ft.8529 Stockdale Ave, Pensacola, FL 32514
MLS# 686929Listed by: COLDWELL BANKER REALTY - Coming Soon
$202,000Coming Soon3 beds 2 baths1,038 sq. ft.3377 Two Sisters Way, Pensacola, FL 32505
MLS# 687259Listed by: TEAM SANDY BLANTON REALTY, INC - Coming Soon
$425,000Coming Soon3 beds 2 baths1,655 sq. ft.1631 Maura St, Pensacola, FL 32503
MLS# 687392Listed by: KUHN REALTY - Coming Soon
$510,000Coming Soon4 beds 3 baths1,787 sq. ft.510 Riola Pl, Pensacola, FL 32506
MLS# 687458Listed by: KELLER WILLIAMS REALTY GULF COAST - Coming Soon
$449,000Coming Soon2 beds 3 baths1,420 sq. ft.811 N Tarragona St, Pensacola, FL 32501
MLS# 687723Listed by: LEVIN RINKE REALTY - Coming Soon
$220,000Coming Soon4 beds 2 baths1,200 sq. ft.10101 Holsberry Rd, Pensacola, FL 32534
MLS# 687799Listed by: LEVIN RINKE REALTY - Coming Soon
$1,490,000Coming Soon4 beds 5 baths2,414 sq. ft.16549 Perdido Key Dr #W102, Pensacola, FL 32507
MLS# 687871Listed by: EXP REALTY, LLC - Coming Soon
$349,900Coming Soon3 beds 2 baths2,016 sq. ft.7109 Woodside Rd, Pensacola, FL 32526
MLS# 687880Listed by: KELLER WILLIAMS REALTY GULF COAST