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2624 W De Soto St, 
Pensacola, FL 32505

$500,000


7

Beds


4

Baths


2,440

Sq Ft


Multi-Family

Active

Listed by

Robb Colley

Coastal Stays

Last updated:

August 1, 2025, 01:16 PM

MLS#

668654

Source:

FL PMLS

About This Home

2624 W De Soto St

Turn-Key Multi-Family Investment Property – Income-Producing Short-Term Rentals Minutes from Downtown Pensacola! Investor’s dream! This beautifully updated, income-generating multi-family property is currently operating as a short-term rental and offers exceptional potential for continued growth. Situated on a spacious .48-acre lot, this turn-key property features three separate units, each with private gated entrances, offering flexibility and privacy for guests or tenants. Located just 2 miles from vibrant Downtown Pensacola, Sanders Beach, and the Pensacola Yacht Club, and just 3 miles from Blue Wahoo's Stadium, 6 miles from NAS Pensacola, and 10 miles to the white sands of Pensacola Beach, this property is ideally positioned for both leisure and business travelers. Property includes: Main House – 4 Bed / 2 Bath (1,473 SF): Updated with hardwood floors, tiled showers, granite countertops, stainless steel appliances, newer kitchen cabinets and vanities, modern fixtures, and a spacious indoor laundry room. Garage Apartment – 2 Bed / 1 Bath (592 SF): Located above a detached 2-car garage, this unit features luxury vinyl plank (LVP) flooring, updated kitchen and bath with new cabinetry, countertops, vanity, and fixtures. Detached Studio Cottage (Approx. 400 SF): A charming and efficient layout with LVP flooring, updated kitchen and bath, tiled shower, and fresh finishes throughout. Additional highlights include: Detached garage with potential for conversion into a fourth rental unit or rentable storage space. Shared laundry facility in the garage for the apartment and studio. Vacant corner lot next to the main house offers even more expansion or development potential. Whether you’re looking to grow your short-term rental portfolio or house hack with multiple income streams, this property offers versatility, modern upgrades, and a prime location. Don’t miss this rare investment opportunity in one of Pensacola’s fastest-growing markets!

Home Facts

Multi-Family

4 Baths

7 Bedrooms

Built in 1940

Price Summary

500,000

$204 per Sq. Ft.

MLS #:

668654

Last Updated:

August 1, 2025, 01:16 PM

Added:

1 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

2,440 Sq. Ft.


Structure

Structure

Building Area:

2,440 Sq. Ft.

Year Built:

1940


Finances & Disclosures

Finances

Price:

$500,000

Price per Sq. Ft:

$204 per Sq. Ft.

Source:FL PMLS
The information being provided by Pensacola Association of Realtors is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Pensacola Association of Realtors. Coastal Stays is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coastal Stays, a broker participant of Pensacola Association of Realtors. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Pensacola Association of Realtors and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2025 Pensacola Association of Realtors. All rights reserved.

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