729 Lownde Ave, Pensacola, FL 32507

Local realty services provided by:Better Homes and Gardens Real Estate Main Street Properties
729 Lownde Ave,Pensacola, FL 32507
$595,000
  • 8 Beds
  • 4 Baths
  • 2,808 sq. ft.
  • Multi-family
  • Active
Listed by:matthew jones
Office:keller williams realty gulf coast
MLS#:671704
Source:FL_PMLS

Price summary

  • Price:$595,000
  • Price per sq. ft.:$211.89

About this home

Well-built and uniquely private, this fourplex offers an incredible investment opportunity less than half a mile from Bayou Grande at the end of the road. Each unit features 2 bedrooms, 1 bathroom, durable tile flooring throughout, an open living/kitchen layout, and washer/dryer connections. Kitchens are designed with an island, tiled backsplash, dishwasher, electric range, and refrigerator. Three of the units also include owner-supplied stackable washer/dryers that will convey with the sale. Currently, two units are leased at $1,300 and $1,400 per month, one is freshly vacant, and one is owner-occupied—making this an ideal scenario for a buyer looking to live in one unit and rent the others for additional income. Tenants pay their own electric and internet, keeping operating expenses low. The owner covers water, which averages under $40/month in normal use, with higher bills of $90–$110 only when irrigation is in use, as well as common-area lighting (approx. $65/month) and trash

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Home facts

  • Year built:1965
  • Listing ID #:671704
  • Added:1 day(s) ago
  • Updated:October 01, 2025 at 09:41 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:2,808 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Roof:Flat
  • Year built:1965
  • Building area:2,808 sq. ft.

Schools

  • High school:Escambia
  • Middle school:BAILEY
  • Elementary school:Navy Point

Utilities

  • Sewer:Septic Tank

Finances and disclosures

  • Price:$595,000
  • Price per sq. ft.:$211.89
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