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514 S 1st St, 
Pensacola, FL 32507

$249,750


Bed


Bath


1,530

Sq Ft


Multi-Family

Active

Listed by

Ryan Donovan

Donovan Realty, Inc

Last updated:

October 29, 2025, 03:39 PM

MLS#

672937

Source:

FL PMLS

About This Home

514 S 1st St

Excellent investment opportunity! Renovated duplex located less than 3 minutes from Pensacola NAS main gate and 15 minutes from Downtown Pensacola. 2021 renovation including new architectural shingle roof on duplex and detached buildings, all new plumbing supply lines and water heaters, complete rewiring, and renovated bathrooms. Both units have central heat and air. Unit #1 has been completely remodeled: new kitchen cabinets, countertops, and appliances, new central heat and air units and duct work, stacked washer and dryer, and refinished original wood floors. Unit #2 has had a full remodel of the bath only; washer/dryer hookups are in the detached outbuilding. Current rents are Unit #1 $1,295 and Unit #2 $850 (long-term tenant with one month remaining on lease). Current termite treatment contract with Cook's Pest Control. Detached buildings behind each unit convey in strictly "as is" condition.

Home Facts

Multi-Family

Built in 1935

Price Summary

249,750

$163 per Sq. Ft.

MLS #:

672937

Last Updated:

October 29, 2025, 03:39 PM

Added:

2 day(s) ago


Structure

Structure

Building Area:

1,530 Sq. Ft.

Year Built:

1935


Finances & Disclosures

Finances

Price:

$249,750

Price per Sq. Ft:

$163 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®. Donovan Realty, Inc is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Donovan Realty, Inc, 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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