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411 Greve Rd Perdido Key, FL 32507
411 Greve Rd Pensacola, FL 32507
FOR SALE $199,990  
1880 sq ft 3 Bedrooms 2 Bathrooms 1944 Year Built

Additional Details

  • Important Details: Flip opportunity with great specs in the highly sought-after Navy Point community. This 3/2 home offers 1,880 SQFT, plus an additional enclosed 350 SQFT space in the back with a window unit, bringing the total to approximately 2,230 SQFT. The property also features a large attached carport and will be delivered vacant at close. With a 2021 roof already in place and a prime location just minutes from NAS Pensacola and downtown Pensacola, this property offers strong upside potential in a desirable area with consistent demand.
  • Features: Flip opportunity with great specs in the highly sought-after Navy Point community. This 3/2 home offers 1,880 SQFT, plus an additional enclosed 350 SQFT space in the back with a window unit, bringing the total to approximately 2,230 SQFT. The property also features a large attached carport and will be delivered vacant at close. With a 2021 roof already in place and a prime location just minutes from NAS Pensacola and downtown Pensacola, this property offers strong upside potential in a desirable area with consistent demand.
  • Potential ARV: $360,000-$380,000
  • Rehab Description: The property will require a full renovation throughout, with the exception of the roof, which was replaced in 2021. To maximize resale value, it is recommended to reconfigure the layout into a functional 4/2 and completely modernize the interior with updated flooring, kitchen, bathrooms, fixtures, and finishes. Add a mini-split to the enclosed back space to create additional functional living area and maximize the overall usability and value of the property.
  • Comparable Rent: $2600-$2700/MO
  • Ideal Investment Strategy: Resale/Rental
  • Construction: FR
  • Comp 1: 206 Bryant Rd, Perdido Key, FL 32507 3/2 1145 SQFT 1944 Build PENDING @ $345,000 (Smaller by over 600 sqft/updated)
  • Comp 2: 214 SE Kalash Rd, Perdido Key, FL 32507 4/2 1992 SQFT 1944 Build SOLD @ $355,000 5/19/26 (Similar style home/fully updated)
  • Comp 3: 121 SE Gilliland Rd, Pensacola, FL 32507 3/2 1602 SQFT 1944 Build SOLD @ $312,000 3/23/26 (Smaller/clean with some updates)
  • Comp 4: 403 Gilliland Rd, Perdido Key, FL 32507 4/2 1500 SQFT 1944 Build SOLD @ $325,000 3/9/26 (Dated)
  • Comp 5: 203 Berry Rd, Perdido Key, FL 32507 2/2 1840 SQFT 1947 Build SOLD @ $320,000 2/19/26 (Only 2-beds/some updates)
  • : 6 Cousineau Rd, Perdido Key, FL 32507 3/2 1637 SQFT 1947 Build SOLD @ $375,000 12/3/25 (Smaller/updated)
  • Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Hard Money
Property Location

Benjamin Valdez – Asset Manager

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Benjamin Valdez – Asset Manager