4 months on rocket

522 N 7th Ave, Pensacola, FL, 32501

$825,000

Home List Price

$9,797*

Closing Credit

0 Baths
Multi

Location

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522 N 7th Ave, Pensacola$825,000

Buyer Closing Credits

$9,797*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingSide Entrance
Year Built1885
HeatingCentral
CoolingCentral Air
WaterfrontNone
FireplaceTwo or More
MLS #640546
StatusActive

About 522 N 7th Ave

One of the most historic buildings in downtown Pensacola is now available. Located in the heart of the Old East Hill Neighborhood and once the home home of Mrs. King, of the family which East and West King Tracts are named after. The property is walking distance to all the amenities of the city center. The building is divided into four beautiful apartments all with unique features. Tongue and groove ceilings, original wood floors, exposed brick, fireplaces and beautiful custom mill work dress the spaces with style and grace. Each unit has a private entry with decks and porches for lounging. Units also have washers and dryers. The property is being offered fully furnished, turn key and income producing. Currently the building is grossing $96K per year on short term to mid term rentals. In addition the building has new plumbing and 3 new HVAC units. Located in Downtown Pensacola just a hop, skip and a jump from the thriving city center. Restaurants, entertainment venues, festivals, and festivals are at your disposal. This is the epicenter of the city! This well maintained income producing building will not last long, call today!

Property Details

Property Features

Property Information:

  • Year Built: 1885
  • Stories: 2

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Water Heater, Electric Water Heater, Microwave, Refrigerator
  • Flooring Type: Hardwood
  • Interior: Boxed Ceilings, Ceiling Fan(s), Crown Molding, High Ceilings, High Speed Internet
  • Fireplace: Two or More

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Balcony

Parking Information:

  • Parking: Side Entrance

Lot Features

Lot Information:

  • Lot: Historic

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: South on 7th Ave from Cervantes. Corner of 7th and La Rua.

Price Information

Listing Price Info

Price Summary:

  • List Price: $825,000

Tax Information:

  • Annual Amount: $3,141
  • 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

$287.2K

Med. Price/SqFt

$177

Avg. Days On Market

68

# of Sold Homes

270

522 N 7th Ave vs Pensacola

125 DAYS ON ROCKET

+57 Days

$825,000

+$537.7K More

KEY TAKEAWAY

This property is $537.7K 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: #640546

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: 12/3/2024, 11:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,141$229,367
2019$2,696$136,856
2018$2,534$191,307

History based on county public records data.

Payment Calculator

$4,185

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,540

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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.

Nearby Schools

school-card-donut-3476155
7
/10

  • N. B. Cook Elementary School

  • 1310 N 12th Ave

  • 0.68 miles

  • Public Magnet Grades PK-5

school-card-donut-3476156
8
/10

  • Suter Elementary School

  • 501 Pickens Ave

  • 1.60 miles

  • Public District Grades KG-5

school-card-donut-3476157
1
/10

  • O. J. Semmes Elementary School

  • 1250 E Texar Dr

  • 2.03 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 $43,125. Typical income of Pensacola, FL residents is less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Escambia County›Pensacola›32501›522 N 7th Ave

This home is located at 522 N 7th Ave in Pensacola, FL and zip code 32501 in the East Downtown Pensacola neighborhood. This home was built in 1885. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $825,000.

Over 28 listings were sold over their listed price in November 2024 in Pensacola, FL. In the same period over 156 listings were sold below the listed price and 67 listings were sold for the listed price. The number of listings in Pensacola, FL decreased by 0.8% between October 2024 and November 2024. Listings spent 68 days on the market in November 2024, and had a median list price of $287,255 during the same period.

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

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