Multiple Options available with this lot. You could build commercial and be the next new business to come in! You could build residential and have your home centrally located on Cervantes between 11th and 12th, close to everything! On the south end of East Hill, this prime piece of real estate is surrounded by businesses such as Publix, Taco Bell, Walgreens and many other local offices. The neighboring lot (1105 E. Cervantes) is being sold separately as well and together, both lots, have 80 of street frontage or 40 individually. Dont miss out on this opportunity to build in such fast growing area.
Property Details
Property Features
Listing Office:
Office Name: Brix Realty
Office Email: karri.lindsey@brixrealty.com
Listing Agent: Karri Lindsey
Lot Features
Lot Information:
Lot Size: 0.12 Acres
Other
Directions Information:
Directions: On the South side of E. Cervantes, between 11th Ave & 12th Ave...the empty lot across from the East Hill Publix.
Price Information
Listing Price Info
Price Summary:
List Price: $140,000
Tax Information:
Annual Amount: $1,230
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Pensacola, FL.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$766
Per Month
Principal & Interest
$699
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$486
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
N. B. Cook Elementary School
1310 N 12th Ave
Distance between this listing and this school0.40 miles
Public Magnet Grades PK-5
8
/10
Suter Elementary School
501 Pickens Ave
Distance between this listing and this school1.27 miles
Public District Grades KG-5
1
/10
O. J. Semmes Elementary School
1250 E Texar Dr
Distance between this listing and this school1.85 miles
Public District Grades PK-5
Nearby Schools
2
/10
Warrington Middle School
450 S Old Corry Field Rd
Distance between this listing and this school4.34 miles
Public District Grades 6-8
2
/10
Workman Middle School
6299 Lanier Dr
Distance between this listing and this school4.42 miles
Public District Grades 6-8
7
/10
Brown Barge Middle School
201 Hancock Ln
Distance between this listing and this school4.71 miles
Public Magnet Grades 6-8
Nearby Schools
4
/10
Pensacola High School
500 W Maxwell St
Distance between this listing and this school1.49 miles
Public District Grades 9-12
8
/10
Escambia Virtual Academy Franchise
30 E Texar Dr
Distance between this listing and this school1.93 miles
Public District Grades KG-12
1
/10
Camelot Academy of Escambia County
1403 W Saint Joseph Ave
Distance between this listing and this school2.13 miles
The neighbors living near this home have an average income of $43,125. The most common annual income of people living in Pensacola, FL is less than $35k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1107 E Cervantes St
What is the listing price of this property?
The listing price of 1107 E Cervantes St property is $140,000.
What type of property is this?
The property 1107 E Cervantes St is land located in Pensacola, Florida, 32501.
Is this property for sale now?
Active Listing: 1107 E Cervantes St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,230 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on February 16, 2018 for $120,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1107 E Cervantes St in Pensacola, FL and zip code 32501 in the East Hill neighborhood. This home sits on a 0.12 acre lot. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $140,000.
Over 36 listings were sold over their listed price in October 2024 in Pensacola, FL. In the same period over 163 listings were sold below the listed price and 85 listings were sold for the listed price. The number of homes for sale in Pensacola, FL increased by 4.3% between September 2024 and October 2024. In October 2024 median list price was $286,592 and the average listing age was 62 days.
From Rocket Homes Real Estate and based on county public records data.