705 West Garden Street
$1,990,000
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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.
- 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
Status | Active |
---|---|
MLS # | 650667 |
Days on Market | 96 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Apartment |
Year Built | 1908 |
Lot Size | - |
County | Escambia County |
Building Information for 705 West Garden Street
Stories2Residences9Year Built1908Building Size-Lot Size-
Property Information for 705 West Garden Street
Property History for 705 West Garden Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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 |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
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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