705 West Garden Street

Pensacola, FL 32502

$1,990,000
Price
—
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
a front view of a house with a garden
a bedroom with bed and window
a living room with furniture and a fireplace
a living room with furniture and a fireplace
a living room with furniture and a rug
a view of entryway with wooden floor
a bathroom with a sink toilet and shower
a bed room with a bed and a television
a living room with furniture and a wooden floor
a living room with furniture and a mirror
a spacious bedroom with a bed and a dresser next to a window
a bedroom with bed and window
a living room with a bed furniture and next to a window
a bathroom with a sink and a mirror
a living room with furniture and a large window
a dining room with furniture and window
a bed room with a bed and a couch
a bathroom with a sink toilet and shower
a living room with couches and a dining table
a spacious bedroom with a bed a couch and wooden floor
a bedroom with a bed and a flat screen tv
a view of a storage and utility room with washer and dryer
a room with a sink wooden floor and glass door shower
a kitchen with a sink stove and cabinets
a living room with furniture a rug and a large window
a en suite bathroom with a sink and a mirror
a bedroom with a bed and ceiling fan
a dining space with furniture and wooden floor
a bedroom with a bed and wooden floor
a living room with furniture and a large window
a bathroom with a sink a toilet and a mirror
a spacious bedroom with a bed and a fireplace
a view of a livingroom with furniture and a fireplace
a bedroom with furniture and wooden floor
a bathroom with 2 sink and a mirror
a bathroom with a sink a mirror and a bathtub
a view of a dining room with furniture wooden floor and chandelier
a large kitchen with lots of counter space and glass door
a view of a room with wooden floor
a living room with furniture and a large window
a dining room with furniture and wooden floor
a bedroom with a bed and a mirror
a dining room with furniture a fireplace and wooden floor
a bathroom with a sink and mirror with bathtub
a living room with stainless steel appliances furniture and a fireplace
a kitchen with stainless steel appliances granite countertop a refrigerator and a stove top oven
a living room with furniture a flat screen tv and a fireplace
a kitchen with stainless steel appliances granite countertop a sink and stove

Description

Looking for a great and unique investment opportunity? Look no further! This incredible historic home in downtown has been lovingly renovated into nine private apartments surrounded by gardens and patios and within walking distance of Palafox Street. This home is a perfect blend of classic charm with modern amenities. Apartments feature wood floors, tiled baths, stained glass, transom lights, some with gas/electric fireplaces, and beautiful woodworking including board and beam ceilings in some of...Looking for a great and unique investment opportunity? Look no further! This incredible historic home in downtown has been lovingly renovated into nine private apartments surrounded by gardens and patios and within walking distance of Palafox Street. This home is a perfect blend of classic charm with modern amenities. Apartments feature wood floors, tiled baths, stained glass, transom lights, some with gas/electric fireplaces, and beautiful woodworking including board and beam ceilings in some of the units. Units vary in size from studio apartments (3), one bedroom suites (5) and one very beautiful and spacious three bedroom two bath apartment. Eight of the nine apartments fully restored and functioning as very successful short term rentals. The projected 20% ROI based on 2023 numbers makes it even more attractive. Plus, the artisan brickwork and surrounding gardens add significant curb appeal, enhancing its overall value.
  1. Listed by Aaron Robison • POINTE SOUTH

Property Details for 705 West Garden Street

Zoning Description
Commercial
LISTING UPDATED: 09/15/2024 06:23 PM

Property Details for 705 West Garden Street

StatusActive
MLS #650667
Days on Market127
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1908
Lot Size-
CountyEscambia County

Building Information for 705 West Garden Street

Stories2Residences9Year Built1908Building Size-Lot Size-

Property Information for 705 West Garden Street

Summary
Location and General Information
  • Directions: Located on the South side of Garden Street. Nearest cross street is A street.
  • Latitude: 30.410928
  • Longitude: -87.224982
  • Subdivision Name: Maxent Tract
Taxes and HOA Information
  • Tax Legal Description: W 30 FT OF LT 2 ALL LT 3 AND E 5 FT OFLT 4 IN N1/2 BLK 58 MAXENT TRACT OR8732 P 387 CA 96
School Information
  • Elementary School: Global Learning Academy
  • High School: Pensacola
  • Middle Or Junior School: Workman
Property
Lot Information
  • Construction Materials: Block, Brick, Frame
  • Levels: Two
  • Lot Features: Central Access
  • Other Structures: Workshop/Storage
  • Roof: Shingle
  • Cooling: Yes
  • Fireplace: Yes
  • Heating: Yes
  • Horse: No
  • New Construction: No
Property and Assessments
  • Disclaimer: This nine unit investment property is sold fully furnished in as-is condition. All furnishings are in as-is condition.
  • Documents Count: 2
  • Parcel Number: 000S009080002058
  • Photos Count: 50
  • Property Condition: Resale
Green Features
  • Green Energy Efficient: Ridge Vent
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony
  • Fencing: Back Yard, Chain Link, Full
  • Patio And Porch Features: Covered, Deck, Covered Deck
Interior Features
  • Appliances: Water Heater, Dryer, Washer, Dishwasher, Disposal, Microwave, Refrigerator
  • Cooling: Ceiling Fan(s), Multi Units, Gas, Wall/Window Unit(s)
  • Fireplace Features: Two or More
  • Flooring: Wood
  • Heating: Wall/Window Unit(s)
  • Stories: 2
  • Window Features: Double Pane Windows
Room Information
Room Information
  • Room Kitchen Features: Desk
Multi Family
Multi-Family Information
  • Number Of Units Total: 9
Income & Expenses Information
  • Net Operating Income: $102,372.00
Rental
Rental Information
  • Leasable Area Units: Square Feet
  • Lease Considered: No

Property History for 705 West Garden Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 705 West Garden Street

Taxable ValueLand-Additions-Total-
Tax Record2023$7,406 ($617 / month)
Home Facts
Total Finished SqFt550 SqFtAbove Grade Finished SqFt550 SqFtStories1Lot Size8,238 SqFtStyleMulti-Family Dwelling (2-4)Year Built1908ZoningC-3CountyESCAMBIAAPN00-0S-00-9080-002-058

Schools near 705 West Garden Street

This home is within Escambia.
Rating
School
Type
Grades
Distance
Global Learning Academy
Public - PK to 5
J. H. Workman Middle School
Public - 6 to 8
Pensacola High School
Public - 9 to 12
Lakeview Dropout Prevention
Public - 6 to 12
Rating
School
Distance
Global Learning Academy
PublicPK to 5

J. H. Workman Middle School
Public6 to 8

Pensacola High School
Public9 to 12

Lakeview Dropout Prevention
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 705 West Garden Street, Pensacola, FL 32502

705 West Garden Street is a multi-family home for sale in Pensacola, FL 32502. This property was listed for sale on August 13, 2024 by POINTE SOUTH, it's currently listed at $1,990,000. It has been on the market for a total of 127 days and was last sold on February 28, 2022. This listing's school district is Escambia. Nearby schools include Global Learning Academy, J. H. Workman Middle School and Pensacola High School. 705 West Garden Street is a 0-bed, 0-bath, multi-family home built in 1908.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of POINTE SOUTH

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