668 72nd Ave #A, B, C, D, Pensacola, FL 32506
Local realty services provided by:Better Homes and Gardens Real Estate Emerald Coast
668 72nd Ave #A, B, C, D,Pensacola, FL 32506
$490,000
- - Beds
- 4 Baths
- 2,800 sq. ft.
- Multi-family
- Active
Listed by:michelle downey
Office:mark downey & associates, inc.
MLS#:672374
Source:FL_PMLS
Price summary
- Price:$490,000
- Price per sq. ft.:$175
About this home
Quadplex unit with income in the range of approx $50,000 annually w/ potential for more - which equals a cap rate of approx 10%!!! * Most units have been updated with some having major updates or modifications to make them more desirable and modern, not to mention many new features such as: Roof, A/C & Heat, and more! * Redacted Leases will be provided upon request * All units are currently under strict, lawyer-executed leases with each tenant paying a "utility fee" monthly that adds to the profitability of the overall complex * Please see a copy of the map that shows what is being sold ** (NOTE: please verify all features, dimensions, numbers, etc...also note that the Owner owns 2 other 4-plexes adjacent to this - that all share the same parking lot. Meaning, you could own a total of 12 units. There is also a vacant lot adjacent to this quad that could be purchased for $75k. Buyer could build up to 28 units on this lot!).
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Home facts
- Year built:1982
- Listing ID #:672374
- Added:1 day(s) ago
- Updated:October 15, 2025 at 03:52 PM
Rooms and interior
- Total bathrooms:4
- Full bathrooms:4
- Living area:2,800 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Roof:Shingle
- Year built:1982
- Building area:2,800 sq. ft.
Schools
- High school:Escambia
- Middle school:WARRINGTON
- Elementary school:Navy Point
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$490,000
- Price per sq. ft.:$175
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