508 W Gregory
Pensacola, FL 32502
- – beds
- – baths
- 2,110 sqft
- $315 per sqft
- 1900 build
- – on site
Cash flowing opportunity with A+ paying tenants. Turn-key downtown 3-unit property perfect for investors as two of the three units have been used as short-term rentals, while the third was owner-occupied, but has a wait list for its leasing consideration. Two rental units come furnished, they are the downstairs unit in main house at 1055 sq, ft. and the 900 sq ft cottage out back. The upstairs unit was owner occupied, 1055 sq, ft and is offered unfurnished. The upstairs unit has two decks, one at the entry door and the other on the opposite side allowing great views in every direction. Seller has completely remodeled (down to the studs!) the property in the last two years. It is only a few blocks to the center of downtown and Palafox St. A unique must-see, brimming with opportunity! Driveway on east side will convey with property.
Last checked:
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Last updated Apr 13, 2025
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MLS# 654417 —
The Building
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Year Built:1900
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New Construction:false
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Construction Materials:Frame
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Levels:Two
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Stories:2
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Roof:Gable
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Exterior Features:Balcony
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Window Features:Double Pane Windows
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Patio And Porch Features:Lanai
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Accessibility Features:Exterior Handicap Provision
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Green Energy Efficient:Heat Pump
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Building Area Total:2110
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Building Area Units:Square Feet
Interior
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Fireplace:true
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Laundry Features:Common Area
Room Dimensions
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Living Area Units:Square Feet
Location
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Directions:From downtown on Palafox, turn west on Gregory, cross N DeVilliers St, property is on the right.
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Latitude:30.414428
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Longitude:-87.222943
The Property
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Parcel Number:000S009010007084
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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:Central Access
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Lot Size Dimensions:42 x 125
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Lot Size Units:Acres
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Horse:false
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Fencing:Back Yard
Listing Agent
- Contact info:
- Agent phone:
- (850) 501-8112
- Office phone:
- (954) 812-1412
Taxes
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Tax Legal Description:W 40 FT OF E 139 FT OF S 125 FT BEL NO BLK 84 BELMONT TRACT ALSO W 2 FT OF E 141 FT OF S 125 FT OF BLK 84 BELMON TRACT OR 8636 P 779 CA 95
Heating & Cooling
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Heating:Central
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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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Electric:Circuit Breakers
Schools
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Elementary School:Global Learning Academy
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Middle Or Junior School:Workman
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High School:Pensacola
The Community
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Subdivision Name:Belmont Tract
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Community Features:Pavilion/Gazebo
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Pets Allowed:Yes
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Association:true
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Association Fee Includes:Gas
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 |
|---|---|---|---|---|
|
3/20/25
Mar 20, 2025
|
Price Changed | PAR | $665,000 | -1.5% |
|
12/23/24
Dec 23, 2024
|
Relisted | PAR | $675,000 | |
|
12/5/24
Dec 5, 2024
|
Pending | PAR | $675,000 |
