3 months on rocket

1918 Dr Martin Luther King Jr Dr, Pensacola, FL, 32503

$349,900

Home List Price

$4,155*

Closing Credit

3 Bedrooms
2 Full Baths
1,488 SqFt
$235/SqFt
House

Location

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1918 Dr Martin Luther King Jr Dr, Pensacola$349,900

Buyer Closing Credits

$4,155*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking1 Space/Unit
Year BuiltNew Const., 2024
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
MLS #649720
Lot Size0.09 Acres
StatusActive

About 1918 Dr Martin Luther King Jr Dr

NEW BUILD! Dont miss this great opportunity to purchase this home and take advantage of 100% financing up to $350,000 with no mortgage insurance and up to $5,000.00 Lender credit (must be primary residence and must be approved). Hurry!! Welcome to a quality new construction property that artfully blends southern charm with modern elegance, centrally located near Downtown Pensacola. With 3 bedrooms, 2 bathrooms, and 1,488 square feet of well designed living space, this home is truly a dream come true. Inside the open-concept dining and kitchen area offers an ideal setting for family meals. The kitchen features custom wood cabinets, a large island, and natural stone countertops Quartz, with Frigidaire appliances. The luxury plank vinyl flooring flows seamlessly throughout the home. The master suite is located on the back of the home and includes a master bath w large walk in shower and a large walk-in closet. Abundant natural light streams in through the large windows, and LED recessed lights provide additional illumination. Gas tankless water heater with a recirculating pump and the highest efficiency offered. The windows and doors are all High Impact glass. The lawn is sodded with drout tolerant Centipede grass. The photos with the staging items are from another house with the exact same floor plan that sold in 2023. The photos were attached to get a better idea of what the rooms could look like. The furniture does not come with the house.

Property Details

Property Features

Property Information:

  • Architectural Style: A-Frame, Ranch
  • Year Built: 2024
  • Stories: 1
  • Living Area: 1,488 SqFt

Listing Office:

  • Office Name: Home Town Realty Partners, LLC
  • Office Phone: (850) 982-5423
  • Listing Agent: Jenni Buckley

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: 1 Space/Unit

Lot Features

Lot Information:

  • Lot: Interior Lot
  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: From 110 South from Pensacola, take exit 3 onto Maxwell St, make left on East Jordan St, make a right on to Dr Martin Luther King Jr Dr, the property is located 600 feet on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $349,900
  • Price Per SqFt: $235/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Annually

Tax Information:

  • Annual Amount: $129
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$286.5K

Med. Price/SqFt

$177

Avg. Days On Market

62

# of Sold Homes

314

1918 Dr Martin Luther King Jr Dr vs Pensacola

104 DAYS ON ROCKET

+42 Days

$349,900

+$63.3K More

$235/SqFt

+$57 More

KEY TAKEAWAY

This property is $63.3K more than the Median Sold Price and $57/SqFt more than other homes in Pensacola, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Pensacola MLS
  • MLS Number: #649720

Listing Office:

  • Office Name: Home Town Realty Partners, LLC
  • Office Phone: (850) 982-5423
  • Listing Agent: Jenni Buckley

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: 11/21/2024, 2:20:54 PM 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$129$7,500
2019$132$7,500
2018$128$7,500

History based on county public records data.

Payment Calculator

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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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.

Nearby Schools

school-card-donut-312721
7
/10
  • N. B. Cook Elementary School

  • 1310 N 12th Ave

  • 0.77 miles

  • Public Magnet Grades PK-5

school-card-donut-312722
1
/10
  • O. J. Semmes Elementary School

  • 1250 E Texar Dr

  • 1.23 miles

  • Public District Grades PK-5

school-card-donut-312723
4
/10
  • C. A. Weis Elementary School

  • 2701 N Q St

  • 1.79 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,017. The majority of Pensacola, FL residents have income less than $35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1918 Dr Martin Luther King Jr Dr

What is the listing price of this property?

The listing price of 1918 Dr Martin Luther King Jr Dr property is $349,900.

What type of property is this?

The property 1918 Dr Martin Luther King Jr Dr is a house located in Pensacola, Florida, 32503.

Is this property for sale now?

Active Listing: 1918 Dr Martin Luther King Jr Dr 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 $129 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1918 Dr Martin Luther King Jr Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1918 Dr Martin Luther King Jr Dr is 1,488 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1918 Dr Martin Luther King Jr Dr is 2024.

Rocket Homes›Florida›Escambia County›Pensacola›32503›1918 Dr Martin Luther King Jr Dr

This home is located at 1918 Dr Martin Luther King Jr Dr in Pensacola, FL and zip code 32503 in the East Downtown Pensacola neighborhood. This 1,488 square foot home, which was built in 2024, sits on a 0.09 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 09, 2024 and is currently priced at $349,900.

In October 2024 more than 36 listings in Pensacola, FL were sold above the asking price. During the same period more than 85 listings were sold at asking price, while more than 163 were sold below. Between September 2024 and October 2024, Pensacola, FL real estate market has seen increase in the number of listings by 4.3%. While the average time on the market in October 2024 was 62 days, the median list price was $286,592.

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

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