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:93 day(s) ago
  • Updated:January 08, 2026 at 04:30 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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