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  • 540_S_1st_St__Pensacola__FL_32507__USA-WedOct252023
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540 S 1st St, Pensacola, FL 32507
540 S 1st St, Pensacola, FL 32507
SOLD! $119,990 - Single Family
1001 sq ft 3 Bedrooms 1 Bathroom 1943 Year Built

Additional Details

  • Important Details: --> VACANT at closing! --> CBS
  • Features: New deal in Pensacola! This 3 bedroom, 1.5 bathroom home features 1,001 sqft of living space on a 0.14 acre lot in the historic Navy District. Conveniently located nearby NAS Pensacola and Corry Station. Minutes from Gulf Beach Hwy, Hwy 98, Downtown, and the beach! Short drive to I-110 and I-10 for easy commuting. Don't miss out on this one!
  • Potential ARV: $200,000 - $225,000
  • Rehab Description: For a flip or rental, this needs a full cosmetic rehab. Update the kitchen, bathrooms, flooring, and appliances/trim/fixtures. Central HVAC needs replacing. Roof replaced with permit in 2017. Plumbing converted to city water/sewer in 2013 with a permit. Apply fresh interior/exterior paint and do some landscaping to boost appeal.
  • Estimated Rehab: $35,000 - $45,000
  • Ideal Investment Strategy: Rental/Resale
  • Comparable Rent: $1,200
  • Construction: CBS
  • Comp 1: 423 S Navy Blvd, Perdido Key, FL 32507 2/1, 1061 sqft SOLD $240K in MAY (1932 build, framer, updated)
  • Comp 2: 521 S 1st St, Perdido Key, FL 32507 2/1, 1156 sqft SOLD $230k in MAY (1939 build, framer, updated)
  • Comp 3: 524 S 1st St, Perdido Key, FL 32507 2/2, 1770 sqft CONTINGENT $189k (1945 build, framer, distressed condition with a new kitchen)
  • Comp 4: 432 S Navy Blvd, Perdido Key, FL 32507 2/1, 1510 sqft CONTINGENT $185k (1940 build, framer, super dated condition)
  • Comp 5: 530 S 1st St, Perdido Key, FL 32507 3/1.5, 885 sqft SOLD $180k in MAY (1943 build, cbs, updated, smaller)
Property Location

Christopher Williams

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Christopher Williams