918 N 58th Ave, Pensacola, FL 32506
SOLD! $59,990
Additional Details
- Important Details: --> Assume current Month-to-Month Tenants at $700/MO --> Roof was replaced 8 years ago (No Permits were found)
- Features: Dual-threat opportunity in Pensacola at $60k! This 2-bedroom single-family home is located in a quiet residential area and priced right for investors. It offers strong upside potential as either a fix-and-flip or a cash-flowing rental addition to your portfolio. With multiple exit strategies and an affordable entry point, this property is a solid opportunity to maximize returns.
- Potential ARV: $135,000-$145,000
- Rehab Description: For a rental, the existing tenants are paying $700 per month, providing immediate income. To maximize rent potential or resale value, the roof—approximately 8 years old—remains in serviceable condition, though the AC unit should be replaced. Inside, modernize the property with basic cosmetic updates by installing new kitchen and bathroom finishes, updating the flooring, fixtures, and trim, and finishing with a fresh coat of interior and exterior paint for a clean, updated look.
- Comparable Rent: $850-$950/MO
- Ideal Investment Strategy: Rental/Resale
- Construction: FR
- Comp 1: 41 Pen Haven Dr, Pensacola, FL 32506 3/1 925 SQFT 1953 Build PENDING @ 145,000 (Bigger/Dated)
- Comp 2: 13 Carey Ave, Pensacola, FL 32506 2/1 834 SQFT 1953 Build SOLD @ $141,000 9/22/25 (Clean/some updates)
- Comp 3: 121 State St, Pensacola, FL 32506 2/1 940 SQFT 1950 Build SOLD @ $155,000 5/19/25 (Bigger/dated)
- Comp 4: 1421 N 48th Ave, Pensacola, FL 32506 2/1 850 SQFT 1953 Build SOLD @ $150,000 4/22/25 (Updated)
- Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Hard Money
































