705 W Garden St
Pensacola, FL 32502
- – beds
- – baths
- – sqft
- 1908 build
- – on site
Looking for a great and unique investment opportunity? Look no further! This incredible historic home in downtown has been lovingly renovated into nine private apartments surrounded by gardens and patios and within walking distance of Palafox Street. This home is a perfect blend of classic charm with modern amenities. Apartments feature wood floors, tiled baths, stained glass, transom lights, some with gas/electric fireplaces, and beautiful woodworking including board and beam ceilings in some of the units. Units vary in size from studio apartments (3), one bedroom suites (5) and one very beautiful and spacious three bedroom two bath apartment. Eight of the nine apartments fully restored and functioning as very successful short term rentals. The projected 20% ROI based on 2023 numbers makes it even more attractive. Plus, the artisan brickwork and surrounding gardens add significant curb appeal, enhancing its overall value.
Listing courtesy of PAR / POINTE SOUTH
Last checked:
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Last updated Sep 15, 2024
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MLS# 650667 —
The Building
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Year Built:1908
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New Construction:false
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Construction Materials:Block
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Levels:Two
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Stories:2
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Roof:Shingle
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Exterior Features:Balcony
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Window Features:Double Pane Windows
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Patio And Porch Features:Covered
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Green Energy Efficient:Ridge Vent
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Building Area Total:6540
Interior
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Flooring:Wood
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Kitchen Features:Desk
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Fireplace:true
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Fireplace Features:Two or More
Room Dimensions
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Living Area Units:Square Feet
Location
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Directions:Located on the South side of Garden Street. Nearest cross street is A street.
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Latitude:30.410928
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Longitude:-87.224982
The Property
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Parcel Number:000S009080002058
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Property Type:Residential Income
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Property Subtype:Apartment
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Lot Features:Central Access
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Lot Size Units:Acres
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Zoning Description:Commercial
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Other Structures:Workshop/Storage
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Fencing:Back Yard
Listing Agent
- Contact info:
- No listing contact info available
Heating & Cooling
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Heating:Wall/Window Unit(s)
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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
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Sewer:Public Sewer
Appliances
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Appliances:Water Heater
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:Maxent Tract
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 |
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8/13/24
Aug 13, 2024
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Listed / Active | PAR | $1,990,000 |