3 months on rocket

500 N 7th Ave, Pensacola, FL, 32501

$149,000

0.13 Acres
Land

Location

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Property Highlights

Home TypeResidential Lot
MLS #640690
Lot Size0.13 Acres
StatusActive

About 500 N 7th Ave

Amazing rare opportunity to build your dream home in one of the most historic neighborhoods in downtown Pensacola. Located in Old East Hill, the location affords you access to the great downtown lifestyle. Restaurants, parks, events, shopping and entertainment venues are just blocks away. The deep lot offers 35 front feet on 7th Avenue and is 127 feet deep. In addition it includes a deeded alley from Jackson St. This way you can locate your garage on the back of the parcel and access it from the side street. The property is high and dry, NO flooding! All utilities are available including natural gas. Building lots in Old East Hill are few and far between. Dont miss this opportunity. Call today!

Property Details

Property Features

Listing Office:

  • Office Name: Floridas Top Properties, LLC
  • Office Phone: (850) 430-1503
  • Listing Agent: Eric Milstead

Lot Features

Lot Information:

  • Lot: Curbs, Storm Sewer
  • Lot Size: 0.13 Acres

Other

Directions Information:

  • Directions: South on 7th Ave from Cervantees.

Price Information

Listing Price Info

Price Summary:

  • List Price: $149,000
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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

500 N 7th Ave vs Pensacola

114 DAYS ON ROCKET

+52 Days

$149,000

-$137.5K Less

KEY TAKEAWAY

This property is $137.5K less 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: #640690

Listing Office:

  • Office Name: Floridas Top Properties, LLC
  • Office Phone: (850) 430-1503
  • Listing Agent: Eric Milstead

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, 7:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$513

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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-410184
7
/10
  • N. B. Cook Elementary School

  • 1310 N 12th Ave

  • 0.69 miles

  • Public Magnet Grades PK-5

school-card-donut-410185
8
/10
  • Suter Elementary School

  • 501 Pickens Ave

  • 1.60 miles

  • Public District Grades KG-5

school-card-donut-410186
1
/10
  • O. J. Semmes Elementary School

  • 1250 E Texar Dr

  • 2.05 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,125. The majority of Pensacola, FL residents have income less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 500 N 7th Ave

What is the listing price of this property?

The listing price of 500 N 7th Ave property is $149,000.

What type of property is this?

The property 500 N 7th Ave is land located in Pensacola, Florida, 32501.

Is this property for sale now?

Active Listing: 500 N 7th Ave is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 500 N 7th Ave is 0.13 acres.
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Rocket Homes›Florida›Escambia County›Pensacola›32501›500 N 7th Ave

This home is located at 500 N 7th Ave in Pensacola, FL and zip code 32501 in the East Downtown Pensacola neighborhood. This home sits on a 0.13 acre lot. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $149,000.

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 inventory of homes for sale in Pensacola, FL between September 2024 and October 2024 increased 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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