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668 72nd Ave #A, B, C, D, 
Pensacola, FL 32506

$490,000


Bed


4

Baths


2,800

Sq Ft


Multi-Family

Active

Listed by

Michelle Downey

Mark Downey & Associates, Inc.

Last updated:

November 12, 2025, 04:33 PM

MLS#

672374

Source:

FL PMLS

About This Home

668 72nd Ave #A, B, C, D

Quadplex unit with income in the range of approx $50,000 annually w/ potential for more - which equals a cap rate of approx 10%!!! * Most units have been updated with some having major updates or modifications to make them more desirable and modern, not to mention many new features such as: Roof, A/C & Heat, and more! * Redacted Leases will be provided upon request * All units are currently under strict, lawyer-executed leases with each tenant paying a "utility fee" monthly that adds to the profitability of the overall complex * Please see a copy of the map that shows what is being sold ** (NOTE: please verify all features, dimensions, numbers, etc...also note that the Owner owns 2 other 4-plexes adjacent to this - that all share the same parking lot. Meaning, you could own a total of 12 units. There is also a vacant lot adjacent to this quad that could be purchased for $75k. Buyer could build up to 28 units on this lot!).

Home Facts

Multi-Family

4 Baths

Built in 1982

Price Summary

490,000

$175 per Sq. Ft.

MLS #:

672374

Last Updated:

November 12, 2025, 04:33 PM

Added:

a month ago


Rooms & Interior

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4


Structure

Structure

Building Area:

2,800 Sq. Ft.

Year Built:

1982


Finances & Disclosures

Finances

Price:

$490,000

Price per Sq. Ft:

$175 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®. Mark Downey & Associates, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Mark Downey & Associates, 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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