3 months on rocket

1629 E Lakeview Ave, Pensacola, FL, 32503

$744,000

Home List Price

$8,835*

Closing Credit

0 Baths
House

Location

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1629 E Lakeview Ave, Pensacola$744,000

Buyer Closing Credits

$8,835*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Year Built1947
HeatingNatural Gas
MLS #644420
StatusActive

About 1629 E Lakeview Ave

Welcome to the epitome of opportunity in East Hill! Discover a rare gem in this vibrant neighborhood, featuring three distinct properties on a single expansive lot, offering unparalleled potential for savvy investors or those seeking multifamily living options. Situated in the desirable East Hill neighborhood, this property is surrounded by parks, shopping, and dining options, enhancing its appeal to potential tenants and short-term guests alike. Main House: The centerpiece of this property is a charming main house with two bedrooms and two baths, with the possibility to expand by converting the existing sunroom into a third bedroom. Duplex Units: Adjacent to the main house, youll find a fully-furnished duplex, each unit boasting a generously sized bedroom and bathroom. These units have a proven track record as successful short-term Airbnb rentals, providing immediate and lucrative income potential. Investment Highlights - Turnkey Income: All three units are currently leased and ready to generate rental income from day one. Proven Success: These units have a history of high occupancy, and the duplex units have operated as successful short-term Airbnbs with positive reviews in the past. Expansion Potential: The main house offers the opportunity to increase its value by adding an extra bedroom. Multi-Property Package: Diversify your portfolio with three separate rental opportunities on one lot. High Demand Area: East Hills vibrant community and amenities make it a sought-after location for both long-term tenants and short-term visitors. NEW roofs installed July 2024. Online estimates do not accurately reflect the duplex on the property. Don’t miss out on this exceptional opportunity to own a piece of East Hills charm and maximize your investment potential!

Property Details

Property Features

Property Information:

  • Year Built: 1947

Listing Office:

  • Office Name: 1st Class Real Estate Gulf Coast
  • Office Phone: (850) 637-8622
  • Listing Agent: Sophie Grizzle

Interior Features

Interior Information:

  • Interior: Sun Room

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Natural Gas

School Info

Assigned Schools Information:

  • Pensacola High School, Public District Grades 9-12
  • Escambia Virtual Academy Franchise, Public District Grades 5-12
  • J. H. Workman Middle School, Public District Grades 6-8
  • O. J. Semmes Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: FROM CERVANTES, NORTH ON 17TH TO LAKEVIEW. CORNER OF 17TH AND LAKEVIEW.

Price Information

Listing Price Info

Price Summary:

  • List Price: $744,000

Tax Information:

  • Annual Amount: $4,898
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Pensacola, FL.

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Pensacola, FL

City

Med. Sold Price

$287.5K

Med. Price/SqFt

$177

Avg. Days On Market

58

# of Sold Homes

309

1629 E Lakeview Ave vs Pensacola

93 DAYS ON ROCKET

+35 Days

$744,000

+$456.4K More

KEY TAKEAWAY

This property is $456.4K more than the Median Sold Price in Pensacola, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Pensacola MLS
  • MLS Number: #644420

Listing Office:

  • Office Name: 1st Class Real Estate Gulf Coast
  • Office Phone: (850) 637-8622
  • Listing Agent: Sophie Grizzle

Copyright © 2024 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/1/2024, 12:55:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,898$280,174
2019$4,460$264,902
2018$4,165$263,572

History based on county public records data.

Payment Calculator

$3,781

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,297

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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.

Elementary School

school-card-donut-931969
1
/10

  • O. J. Semmes Elementary School

  • 1250 E Texar Dr

  • 1.20 miles

  • Public District Grades PK-5

Middle School

school-card-donut-931970
1
/10

  • J. H. Workman Middle School

  • 6299 Lanier Dr

  • 3.60 miles

  • Public District Grades 6-8

High School

school-card-donut-931971
4
/10

  • Pensacola High School

  • 500 W Maxwell St

  • 1.65 miles

  • Public District Grades 9-12

school-card-donut-931972
7
/10

  • Escambia Virtual Academy Franchise

  • 30 E Texar Dr

  • 1.68 miles

  • Public District Grades 5-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,391. The majority of Pensacola, FL residents have income between $35k-100k annually. Typical family type is 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 1629 E Lakeview Ave

What is the listing price of this property?

The listing price of 1629 E Lakeview Ave property is $744,000.

What type of property is this?

The property 1629 E Lakeview Ave is a house located in Pensacola, Florida, 32503.

Is this property for sale now?

Active Listing: 1629 E Lakeview Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1629 E Lakeview Ave are:
O. J. Semmes Elementary School: GreatSchools Rating 1/10
J. H. Workman Middle School: GreatSchools Rating 1/10
Pensacola High School: GreatSchools Rating 4/10
Escambia Virtual Academy Franchise: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,898 (source: MLS/based on county public records data).

Which year was this property built?

The year of construction for 1629 E Lakeview Ave is 1947.

Rocket Homes›Florida›Escambia County›Pensacola›32503›1629 E Lakeview Ave

This home is located at 1629 E Lakeview Ave in Pensacola, FL and zip code 32503 in the East Hill neighborhood. This home was built in 1947. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $744,000.

Pensacola, FL housing market in September 2024 saw over 38 listings sold above listed price, more than 66 sold at listed price and over 174 sold below. Between August 2024 and September 2024, Pensacola, FL real estate market has seen increase in the number of listings by 1.6%. The median list price of listings available in September 2024 was $287,549, while the average time on the real estate market was 58 days.

From Rocket Homes Real Estate and based on county public records data.

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