1843 San Dollar Cir
Pensacola, FL 32504
- 6 beds
- 3 baths
- 2,760 sqft
- $163 per sqft
- 1984 build
- – on site
This centrally located triplex in Pensacola, Florida, offers a strong value-add opportunity for investors. Conveniently situated at the end of a cul-de-sac near shopping, dining, and major roadways, the property consists of three 2-bedroom, 1-bathroom units, each approximately 920 square feet. All units are currently occupied with leases ending in August, October, and December of this year. The current monthly rental rates are as follows: Unit 1843 rents for $1,250, Unit 1845 rents for $1,195, and Unit 1847 rents for $1,000, totaling $3,445 in monthly income. The estimated market rent for each unit is approximately $1,300 to $1,325 per month, presenting significant upside potential as leases turn over. The building features a new roof installed in 2022 and a covered front porch that spans the entire front of the property. Each unit has its own designated parking, backyard, washer and dryer connections, and access to a dedicated storage space in a detached storage building. These storage spaces are not currently monetized but could offer additional revenue. Unit 1843 was remodeled in 2022, and its HVAC system was replaced in 2023 with a unit that includes a transferable 10-year warranty. Unit 1845 was remodeled in 2021, with its HVAC system also replaced in 2023 and under the same warranty. Unit 1847 is currently rented below market value, providing immediate room for increased cash flow upon lease renewal. Tenants pay all utilities. This is an excellent opportunity for investors seeking a well-maintained, income-producing asset with clear potential for rent growth and additional revenue streams.
Last checked:
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Last updated Mar 29, 2025
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MLS# 661600 —
The Building
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Year Built:1984
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New Construction:false
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Construction Materials:Frame
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Levels:One
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Stories:1
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Roof:Shingle
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Foundation Details:Slab
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Window Features:Double Pane Windows
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Patio And Porch Features:Patio
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Green Energy Efficient:Heat Pump
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Building Area Total:2760
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Building Area Units:Square Feet
Interior
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Interior Features:Baseboards
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Kitchen Features:Laminate Counters
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Laundry Features:Inside
Room Dimensions
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Living Area Units:Square Feet
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Living Area:2760
Location
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Directions:From Creighton Rd: Turn South on Lanier Dr, take your first left onto San Dollar Cir. This triplex is in the center at the end of the cul-de-sac.
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Latitude:30.494348
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Longitude:-87.203138
The Property
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Parcel Number:311S302050000009
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Property Type:Residential Income
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Property Subtype:Triplex
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Property Condition:Resale
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Lot Features:Cul-De-Sac
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Lot Size Units:Acres
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Zoning Description:Res Multi
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Horse:false
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Other Structures:Workshop/Storage
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Fencing:Cross Fenced
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Road Responsibility:County Maintained Road
Listing Agent
- Contact info:
- Agent phone:
- (850) 490-1290
- Office phone:
- (850) 471-5000
Taxes
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Tax Legal Description:LT 9 SAN DOLLAR S/D PB 12 P 18 OR 8824 P 1057
Beds
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Bedrooms Total:6
Baths
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Total Baths:3
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Total Baths:3
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Full Baths:3
Heating & Cooling
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Heating:Multi Units
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Heating:true
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Cooling:Ceiling Fan(s)
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Cooling:true
Utilities
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Utilities:Cable Available
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Electric:Circuit Breakers
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Water Heater
Schools
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Elementary School:Holm
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Middle Or Junior School:Workman
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High School:Washington
The Community
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Subdivision Name:San Dollar
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Pets Allowed:Yes
Parking
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Garage:false
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Carport:false
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Parking Features:Driveway
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Open Parking:true
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/28/25
Mar 28, 2025
|
Listed / Active | PAR | $450,000 |
