Pensacola, FL 32501 – Golden Opportunity: Renovate or Build New for Lucrative Returns!

Description

315 N A ST,
PENSACOLA, FL 32501

HOW CAN YOU PROFIT ON THIS DEAL?
This property is perfectly positioned for a savvy investor looking to capitalize on the vibrant Pensacola market. With its close proximity to NAS, Pensacola Beach, and downtown Pensacola, this property offers the ideal location for both short-term Airbnb-style vacation rentals and long-term rentals. The potential is limitless, with short-term rental comps starting at $150/night and long-term rental comps ranging from $2,000 to $2,900 per month. Imagine the returns on investment! Plus, being just minutes away from the beach and famous Palafox Street, this property is sure to attract tenants and vacationers alike. Don’t miss out on this incredible opportunity to add a gem to your portfolio! Whether you choose to renovate the existing property or build new, the possibilities are endless.
PROPERTY SPECS
🏠Single Family Home🏠
3 Bed / 1 Bath
1,102 SF living area
4,918 SF of lot
Vacant
Full Rehab Needed or Build NEW!
Comps within a Half Mile sold in the last 6 Months:

1501 W Wright St; 3 bed / 1 bath; 1,053 SF; $450k Sold 12/28/23 – $472/SF
215 N Devilliers St; 2 bed / 2 bath; 882 SF; $230k Sold 01/24/24 – $261/SF
912 W Belmont St; 1 bed / 1 bath; 969 SF; $255k Sold 12/20/23 – $263/SF
414 Jackson St; 3 bed / 2 bath; 1,200 SF; $450k Sold 11/29/23
Rental Comps within a Half Mile:

$2,900/mo; 323 N Reus St; 2 bed / 2 bath; 1,060 SF;
$1,995/mo; 508 W Gregory St #A; 2 bed / 1 bath; 1,055 SF
Airbnb Comps within a Half Mile:

$228/night; 2 bed /1 bath – https://www.airbnb.com/rooms/848658596231622274?location=Pensacola%2C%20FL%2032501%2C%20USA&check_in=2024-04-27&check_out=2024-04-30&source_impression_id=p3_1709321453_nMnH7YMQsDWsk3R6&previous_page_section_name=1001&federated_search_id=33dcf183-03cc-4f84-9678-2c551dc877ff
$159/night; 1 bed / 1 bath – https://www.airbnb.com/rooms/751696350580962649?location=Pensacola%2C%20FL%2032501%2C%20USA&check_in=2024-06-19&check_out=2024-06-28&source_impression_id=p3_1709321518_1LGCX3%2FxhAMCUAln&previous_page_section_name=1001&federated_search_id=5ca91eb0-e421-42cf-b2a7-47a980c5dc77
$145/night; 1 bed / 1 bath 860 SF – https://www.airbnb.com/rooms/53914903?location=Pensacola%2C%20FL%2032501%2C%20USA&check_in=2024-04-27&check_out=2024-04-30&source_impression_id=p3_1709321445_1PYbae2nyT5p2eQJ&previous_page_section_name=1001&federated_search_id=33dcf183-03cc-4f84-9678-2c551dc877ff