Nestled just off 9th Ave, north of Cervantes St., this unique property offers endless possibilities for the savvy investor. Located within walking or biking distance to vibrant downtown Pensacola and the scenic bayfront, this property is perfectly positioned to capitalize on the area’s growth. The home, built in 1940, requires some upgrades and renovation, and it presents a fantastic opportunity for restoration or redevelopment. The property spans two spacious lots, offering the potential to build two single-family homes in this sought-after location. The exterior features a newer roof, a majestic pecan tree in the backyard, and mature palm trees lining the east side, providing a picturesque setting. The home has been a reliable rental for many years, and now, with the seller’s estate motivated to sell, it’s ready for a new chapter. This is a rare chance to acquire a prime piece of real estate in a rapidly developing area. Whether you’re looking to renovate the existing home or develop two new properties, this location offers unparalleled potential.
Listing courtesy of Boyleston Realty & Auction LLC.