Residential

50 Fulton Ave - Bldg B, Pensacola

$680,000

Bedroom 8 bedrooms
Bathroom 4 baths

  • MLS #: 663163
  • Address: 50 Fulton Ave - Bldg B, Pensacola, FL 32503
  • SQFT: 3780
  • Subdivision: East Pensacola Heights

Location Location

Agent Comments Agent Comments

Listing Courtesy of Kevin Fox Olde City Realty LLC 850-549-8869

Brand-New Quadplex in the Heart of Pensacola – Prime Investment Opportunity! Now is your chance to secure a high-performing asset in one of Florida’s fastest-growing markets. Currently under construction and set to be completed by next month, this brand-new quadplex is an investor’s dream — turnkey, thoughtfully designed, and strategically located in the heart of Pensacola, FL. Each of the four units offers 2 bedrooms and 1 full bath under 1,000 sq ft, ideal for attracting a wide range of long-term tenants — from military personnel stationed nearby, to young professionals, retirees, and working families seeking quality, affordable living in a thriving area. This project is surrounded by fully leased multifamily properties, proving strong rental demand and high occupancy in the neighborhood. With Pensacola’s steady population growth, low vacancy rates, and booming rental market, this asset is poised to generate immediate cash flow and deliver solid returns for years to come. Highlights include: 100% new construction – low maintenance, high appeal Centrally located with quick access to downtown, military bases, hospitals, and major employers Strong rental comps in a neighborhood of similar, fully occupied multifamily homes Perfect for 1031 exchange, portfolio expansion, or a first-time multifamily investor Don’t miss the chance to own a brand-new, cash-flowing property in one of the Gulf Coast’s most sought-after cities. Schedule your walk-through today and get in before completion!


Location Information Location Information
  • County: Escambia - Fl
  • Longitude: -87.253421
  • Latitude: 30.495653
  • Directions: Start on I-10 heading toward Pensacola. Take Exit 17 for FL-291/Davis Hwy. Turn south (right/left depending on direction) onto N Davis Hwy (FL-291 S). Continue for about 4.5 miles until you reach Fairfield Dr. Turn left onto Fairfield Dr (FL-295 S) and go about 1 mile. Turn right onto N 12th Ave and continue for about 1.5 miles. Turn left onto E Gonzalez St, then a quick right onto Fulton Ave. 50 Fulton Ave Unit B will be on your right.

Interior Features Interior Features
  • Full Baths: 4
  • Half Baths: 0
  • Dining Room Description: Kitchen/Dining Combo
  • Kitchen Description: Not Updated
  • Cool System: Multi Units, Ceiling Fan(s)
  • Heat System: Multi Units
  • Appliances: Water Heater

Exterior Features Exterior Features
  • Roof: Composition
  • Parking Description: 1 Space/Unit
  • Pool: None
  • Pool Description: None
  • Stories: 1
  • Septic Or Sewer: Septic Tank
  • Acres: 0
  • Sqft: 3780
  • Zoning: Res Multi
  • Condition: New Construction
  • Building Total Area: 3780
  • Road Improvements: Private Maintained Road
  • Style: Cottage
  • Construction: Frame
  • Foundation: Slab
  • Electric: Copper Wiring
  • Has Garage: false

Schools Schools
  • Elementary School: Ensley
  • Middle School: FERRY PASS
  • High School: Pine Forest

Additional Features Additional Features
  • Property Sub Type : Res Attached
  • Home Owners Association: false
  • HOA Frequency: Annually
  • Year Built: 2025