2001 N 61st Ave, Pensacola, FL 32506

$870,000
12
BD
7
BA

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Sold Price
$870,000
List Price
$950,000
Closing Date
May 28, 2026
MLS#
674186
Status
SOLD
Type
Multifamily
Year Built
1954
City
Pensacola
Bedrooms
12
Bathrooms
7

Property Description

This fully functioning 6-unit income property presents a rare, high-yield investment opportunity with strong existing cash flow and proven performance. Currently operating within a successful short-term rental program, the property delivers consistent bookings and requires no upfront improvements—making it a seamless, turnkey acquisition. Positioned on an expansive parcel, the site includes: Single-Family Unit F: 1,590 sq ft, 3/2 Single-Family Unit E: 1,136 sq ft, 3/1 Duplex Units A & B: 1,000 sq ft each, 2/1 Duplex Units C & D: 600 sq ft each, 1/1 Each unit rents exceptionally well on its own, yet the true financial upside lies in the property’s unique ability to host up to 35 guests, outperforming typical STR setups in the area. This scale positions the property for lucrative full-site bookings, weddings, retreats, corporate stays, family gatherings, and group travel—segments that consistently command premium nightly rates and longer stays. Outdoor spaces can be shared or marketed as group-friendly amenities, and with targeted upgrades or strategic branding, the entire site could be elevated into a high-demand boutique rental compound. Projected annual earnings exceed over $200,000, with substantial opportunity to drive revenue even higher through increased marketing, expanding to additional Online Travel Agencies (OTAs), and expanded event-based bookings. All units have been meticulously maintained, allowing investors to step into immediate profitability. Whether you are looking to strengthen your passive-income portfolio or scale into a high-performing hospitality venture, this property offers exceptional current income with significant long-term appreciation potential. See agent for additional financials and documentation.

Additional Information

High School
Escambia
Lot Description
Central Access
Interior Features
Storage, Ceiling Fan(s), Recessed Lighting
Cooling
Ceiling Fan(s), Central Air
Heating
Multi Units
Exterior Features
Barbecue, Fire Pit, Rain Gutters
Roof
Shingle
Parking
Circular Driveway

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Calculator source: Real Geeks

Listing courtesy of KELLER WILLIAMS REALTY GULF COAST. Selling Office: KELLER WILLIAMS REALTY GULF COAST.