29 days on rocket

508 W Gregory, Pensacola, FL, 32502

$675,000

Home List Price

$8,016*

Closing Credit

0 Baths
Multi

Location

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508 W Gregory, Pensacola$675,000

Buyer Closing Credits

$8,016*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Year Built1900
HeatingCentral
CoolingCeiling Fan(s), Multi Unit(s)
MLS #654417
StatusActive

About 508 W Gregory

Cash flowing opportunity with A+ paying tenants. Turn-key downtown 3-unit property perfect for investors as two of the three units have been used as short-term rentals, while the third was owner-occupied, but has a wait list for its leasing consideration. Two rental units come furnished, they are the downstairs unit in main house at 1055 sq, ft. and the 900 sq ft cottage out back. The upstairs unit was owner occupied, 1055 sq, ft and is offered unfurnished. The upstairs unit has two decks, one at the entry door and the other on the opposite side allowing great views in every direction. Seller has completely remodeled (down to the studs!) the property in the last two years. It is only a few blocks to the center of downtown and Palafox St. A unique must-see, brimming with opportunity! Driveway on east side will convey with property.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Stories: 2

Listing Office:

  • Office Name: Luxury Real Estate Group
  • Office Phone: (954) 812-1412
  • Listing Agent: Don Becker

Exterior Features

Exterior Information:

  • Exterior: Balcony, Barbecue, Fire Pit

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Ceiling Fan(s), Multi Unit(s)

Other

Directions Information:

  • Directions: From downtown on Palafox, turn west on Gregory, cross N DeVilliers St, property is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $675,000
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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

$286.5K

Med. Price/SqFt

$177

Avg. Days On Market

62

# of Sold Homes

314

508 W Gregory vs Pensacola

29 DAYS ON ROCKET

-33 Days

$675,000

+$388.4K More

KEY TAKEAWAY

This property is $388.4K 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: #654417

Listing Office:

  • Office Name: Luxury Real Estate Group
  • Office Phone: (954) 812-1412
  • Listing Agent: Don Becker

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, 6:20:54 AM 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

$3,436

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,090

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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-205400
1
/10

  • Global Learning Academy

  • 100 N P St

  • 1.21 miles

  • Public District Grades PK-5

school-card-donut-205401
7
/10

  • N. B. Cook Elementary School

  • 1310 N 12th Ave

  • 1.57 miles

  • Public Magnet Grades PK-5

school-card-donut-205402
4
/10

  • C. A. Weis Elementary School

  • 2701 N Q St

  • 2.18 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,167. The majority of Pensacola, FL residents have income less than $35k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Escambia County›Pensacola›32502›508 W Gregory

This home is located at 508 W Gregory in Pensacola, FL and zip code 32502 in the Saint John Coalition neighborhood. This home was built in 1900. It has been listed on Rocket Homes since October 23, 2024 and is currently priced at $675,000.

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. 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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