Beautiful modern duplex, in the heart of Downtown Pensacola. Consists of 4 separate units with its own entrances, which means 4 kitchens, 4 full bathrooms, 4 bedrooms, 4 HVAC’s! This property provides you with wide variety of options, such as living in one residence and renting the other three. You can live for FREE in the heart of Downtown Pensacola and make passive income. 4 units can provide monthly average of $7,500 - $8,000, up to $96,000 per year with shirt term rentals. Both short term and long term rentals are possible. No restrictions. No HOA fees. This real estate product is one of a kind, has never been presented in Pensacola before. The location speaks for it self. Pensacola Bay view in front of the Corinne Jones Park. Kids playground, pond with fountains, basketball court. Right across the road from Bruce Beach with all your favorite water activities: fishing, kayaking, paddle boarding. Walking distance to baseball stadium, Pensacola Bay Marina, Palafox St, restaurants, bars, museums, theaters, YMCA, etc. Only three duplexes are available. Now running at the pre-construction pricing. Construction starts in October - November, 2019. Duplexes will be ready to hit the summer season. Also we have an option to start advertising short term rentals during the last month of completion and start accepting bookings in advance. Therefore the return on investment will start accumulation from the very first day of owning the property! Please call with any questions and we will be glad to provide you with more detailed information.
Listing courtesy of Kazak Realty.