1. Florida
  2. Pensacola
  3. 705 W Garden St
$1,590,000/mo

705 W Garden St, Pensacola, FL 32502

  • 6,540 sqft
  • Property Icon Rental
  • Property Year Built Icon Built in 1908
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $243/sqft
  • Property List Date Icon Listed 9 months ago

Property Description

Price Drop of $200K. 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 Status:
Active
Listing Office:
POINTE SOUTH : 850-492-1826
Listing Agent:
Aaron Robison : 801-722-8037
MLS ID:
650667
  • Appliances: Water HeaterDryerWasherDishwasherDisposalMicrowaveRefrigerator
  • Flooring: Wood
  • A/C: Ceiling Fan(s)Multi UnitsGasWall/Window Unit(s)
  • Heating: Wall/Window Unit(s)
  • Fireplace: Two or MoreFireplace
  • Eco/Green Feature: Ridge Vent

This listing courtesy of Aaron Robison, POINTE SOUTH

Monthly Payment

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

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Location

Schools Nearby

G

Global Learning Academy

100 N P St, Pensacola, FL, 32505

Grades PK-5

1.13 miles away

L

Lakeview Special Education

1201 W Lakeview Ave, Pensacola, FL, 32501

Grades KG-12

1.50 miles away

P

Pensacola High School

500 W Maxwell St, Pensacola, FL, 32501

Grades 9-12

1.64 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.