3 months on rocket

5740 N Palafox St, Pensacola, FL, 32503

$275,900

0.62 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #630241
Lot Size0.62 Acres
StatusActive

About 5740 N Palafox St

Welcome to the prime commercial lot located right on North Palafox zoned HC/LI. An exceptional opportunity for entrepreneurs and investors seeking a strategic location with high visibility and abundant potential. This well-positioned property offers a range of possibilities to capitalize on its proximity to an established automotive hub and capture the attention of a captive audience. Build your business at a great location with heavy traffic! 0.6 acres of cleared grass and gravel ready to use land, allowing for a variety of development options! Come and see it today!

Property Details

Property Features

Listing Office:

  • Office Name: Nexthome Momentum
  • Office Phone: (850) 500-6398
  • Listing Agent: Kate Hamami

Lot Features

Lot Information:

  • Lot Size: 0.62 Acres

School Info

Assigned Schools Information:

  • Washington Senior High School, Public District Grades 9-12
  • Escambia Virtual Academy Franchise, Public District Grades 5-12
  • Woodham Middle School, Public District Grades 6-8
  • Brentwood Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Take N Palafox St, make a slight right at the fork at pensacola Blvd to stay on N Palafox St, when you reach Van let Ln the property is at your right

Price Information

Listing Price Info

Price Summary:

  • List Price: $275,900

Tax Information:

  • Annual Amount: $879
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$287.5K

Med. Price/SqFt

$177

Avg. Days On Market

58

# of Sold Homes

309

5740 N Palafox St vs Pensacola

93 DAYS ON ROCKET

+35 Days

$275,900

-$11.6K Less

KEY TAKEAWAY

This property is $11.6K 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: #630241

Listing Office:

  • Office Name: Nexthome Momentum
  • Office Phone: (850) 500-6398
  • Listing Agent: Kate Hamami

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, 12:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 08, 2018Home Sold
$495,000
Feb 05, 2007Home Sold
$875,000
Sep 28, 2001Home Sold
$155,000

Tax History

YEARPROP. TAXASSESSMENT
2020$879$63,400
2019$826$63,200
2018$845$57,915

History based on county public records data.

Payment Calculator

$1,445

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$894

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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.

Elementary School

school-card-donut-930310
3
/10
  • Brentwood Elementary School

  • 4820 N Palafox St

  • 0.74 miles

  • Public District Grades PK-5

Middle School

school-card-donut-930311
2
/10
  • Woodham Middle School

  • 150 E Burgess Rd

  • 1.80 miles

  • Public District Grades 6-8

High School

school-card-donut-930312
4
/10
  • Washington Senior High School

  • 6000 College Pkwy

  • 2.15 miles

  • Public District Grades 9-12

school-card-donut-930313
7
/10
  • Escambia Virtual Academy Franchise

  • 30 E Texar Dr

  • 2.19 miles

  • Public District Grades 5-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,700. Most Pensacola, FL residents have annual incomes between $35k-100k. Most families are 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 5740 N Palafox St

What is the listing price of this property?

The listing price of 5740 N Palafox St property is $275,900.

What type of property is this?

The property 5740 N Palafox St is land located in Pensacola, Florida, 32503.

Is this property for sale now?

Active Listing: 5740 N Palafox St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5740 N Palafox St are:
Brentwood Elementary School: GreatSchools Rating 3/10
Woodham Middle School: GreatSchools Rating 2/10
Washington Senior 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 $879 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 8, 2018 for $495,000. (source: MLS/tax record).

How much acreage is this property?

The property 5740 N Palafox St is 0.62 acres.
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Rocket HomesFloridaEscambia CountyPensacola325035740 N Palafox St

This home is located at 5740 N Palafox St in Pensacola, FL and zip code 32503 in the Brent neighborhood. This home sits on a 0.62 acre lot. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $275,900.

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. The inventory of homes for sale in Pensacola, FL between August 2024 and September 2024 increased by 1.6%. Listings spent 58 days on the market in September 2024, and had a median list price of $287,549 during the same period.

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

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