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Residential

1629 E Lakeview Ave, Pensacola

$699,000

Bedroom 4 bedrooms
Bathroom 4 baths

  • MLS #: 667394
  • Address: 1629 Lakeview Ave, Pensacola, FL 32503
  • SQFT: 2772
  • Acres: 0.24
  • Subdivision: None

Location Location

Agent Comments Agent Comments

Listing Courtesy of Sophie Grizzle Fathom Realty FL LLC 858-776-7872

Welcome to the epitome of opportunity in East Hill! Discover a rare gem in this vibrant neighborhood, featuring three distinct properties on a single expansive lot, offering unparalleled potential for savvy investors or those seeking multifamily living options. Situated in the desirable East Hill neighborhood, this property is surrounded by parks, shopping, and dining options, enhancing its appeal to potential tenants and short-term guests alike. Main House: The centerpiece of this property is a charming main house with two bedrooms and two baths, with the possibility to expand by converting the existing sunroom into a third bedroom. Duplex Units: Adjacent to the main house, you'll find a fully-furnished duplex, each unit boasting a generously sized bedroom and bathroom. These units have a proven track record as successful short-term Airbnb rentals, providing immediate and lucrative income potential. Investment Highlights - Turnkey Income: All three units are currently leased and ready to generate rental income from day one. Proven Success: These units have a history of high occupancy, and the duplex units have operated as successful short-term Airbnbs with positive reviews in the past. Expansion Potential: The main house offers the opportunity to increase its value by adding an extra bedroom. Multi-Property Package: Diversify your portfolio with three separate rental opportunities on one lot. High Demand Area: East Hill's vibrant community and amenities make it a sought-after location for both long-term tenants and short-term visitors. NEW roofs installed July 2024. Online estimates do not accurately reflect the duplex on the property. Don’t miss out on this exceptional opportunity to own a piece of East Hill's charm and maximize your investment potential!


Location Information Location Information
  • County: Escambia - Fl
  • Longitude: -87.19777
  • Latitude: 30.435175
  • Directions: FROM CERVANTES, NORTH ON 17TH TO LAKEVIEW. CORNER OF 17TH AND LAKEVIEW.

Interior Features Interior Features
  • Full Baths: 4
  • Half Baths: 0
  • Dining Room Description: Formal Dining Room, Kitchen/Dining Combo
  • Kitchen Description: Updated
  • Cool System: Central Air, Ceiling Fan(s)
  • Heat System: Natural Gas
  • Floors: Simulated Wood
  • Appliances: Gas Water Heater

Exterior Features Exterior Features
  • Roof: Shingle
  • Parking Description: Driveway
  • Pool: None
  • Pool Description: None
  • Water Source: Public
  • Stories: 2
  • Septic Or Sewer: Public Sewer
  • Acres: 0.24
  • Sqft: 2772
  • Zoning: Res Multi
  • Condition: Resale
  • Building Total Area: 2772
  • Road Improvements: Public Maintained Road
  • Style: Traditional
  • Construction: Frame
  • Foundation: Off Grade
  • Electric: Circuit Breakers
  • Has Garage: false

Schools Schools
  • Elementary School: Oj Semmes
  • Middle School: WORKMAN
  • High School: Pensacola

Additional Features Additional Features
  • Property Sub Type : Single Family Residence
  • Home Owners Association: false
  • HOA Frequency: Annually
  • Year Built: 1947