- For Sale $995,000
- Property Type Multi-Family
- Property Size 7,696 SF
- Date Updated Feb 3, 2026
Description
Property Description
Great investment opportunity with this multifamily sale in the cozy neighborhood of Myrtle Grove in Pensacola, Fl. Well-maintained, 7,696 Total SF, zoned MDR (Medium Density Residential) and has 8 units (2 – fourplexes). Strong rental income potential, add this property to your investment portfolio!
Location Description
Great investment opportunity in the Myrtle Grove neighborhood of Pensacola, Fl. Pearson Road is just off Fairfield Drive which is a very busy thoroughfare through Pensacola. Military bases are close by; 3 miles to Saufley Field, 4.4 miles to Corry Station and 8 Miles to NAS Pensacola. Along with access to restaurants and retail, beautiful Osceola Municipal Golf Course is just 2 miles and the Bayou Marcus Birding Trail just 1.5 miles.
Highlights
- 7,696 SF building with 8 units
- Built in 1985
- Zoned MDR
- Located in Pensacola, FL
- 100% occupancy
- Well-maintained property
- Strong rental income potential
- Prime investment opportunity
- Thriving multifamily market
- Desirable location for tenants
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Contacts
Bay City Realty
CCIM, CPM, MiCP
Bay City Realty
Realtor