1. Florida
  2. Pensacola
  3. 1629 E Lakeview Ave
$699,000

1629 E Lakeview Ave, Pensacola, FL 32503

  • 2,772 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1947
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $252/sqft
  • Property List Date Icon Listed 10 days ago

Property Description

Welcome to the epitome of opportunity in East Hill! Discover a rare gem in this vibrant neighborhood, featuring three distinct properties on a single expansive lot, offering unparalleled potential for savvy investors or those seeking multifamily living options. Situated in the desirable East Hill neighborhood, this property is surrounded by parks, shopping, and dining options, enhancing its appeal to potential tenants and short-term guests alike. Main House: The centerpiece of this property is a charming main house with two bedrooms and two baths, with the possibility to expand by converting the existing sunroom into a third bedroom. Duplex Units: Adjacent to the main house, you'll find a fully-furnished duplex, each unit boasting a generously sized bedroom and bathroom. These units have a proven track record as successful short-term Airbnb rentals, providing immediate and lucrative income potential. Investment Highlights - Turnkey Income: All three units are currently leased and ready to generate rental income from day one. Proven Success: These units have a history of high occupancy, and the duplex units have operated as successful short-term Airbnbs with positive reviews in the past. Expansion Potential: The main house offers the opportunity to increase its value by adding an extra bedroom. Multi-Property Package: Diversify your portfolio with three separate rental opportunities on one lot. High Demand Area: East Hill's vibrant community and amenities make it a sought-after location for both long-term tenants and short-term visitors. NEW roofs installed July 2024. Online estimates do not accurately reflect the duplex on the property. Don’t miss out on this exceptional opportunity to own a piece of East Hill's charm and maximize your investment potential!

Listing Status:
Active
Date Added:
July 8, 2025 at 05:00AM
Listing Office:
Fathom Realty FL LLC : 888-445-6040
Listing Agent:
Sophie Grizzle : 858-776-7872
MLS ID:
667395
  • Heating: Natural Gas

This listing courtesy of Sophie Grizzle, Fathom Realty FL LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

N

N. B. Cook Elementary School

1310 N 12th Ave, Pensacola, FL, 32503

Grades PK-5

0.51 miles away

E

Escambia Virtual Academy Franchise

30 E Texar Dr, Pensacola, FL, 32503

Grades KG-12

1.62 miles away

P

Pensacola High School

500 W Maxwell St, Pensacola, FL, 32501

Grades 9-12

1.62 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.