3 months on rocket

5850 Galvez Rd, Pensacola, FL, 32507

$449,000

Home List Price

$5,332*

Closing Credit

2 Bedrooms
2 Full Baths
920 SqFt
$488/SqFt
House

Location

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5850 Galvez Rd, Pensacola$449,000

Buyer Closing Credits

$5,332*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking2 Space/Unit, Boat, Guest, RV Access/Parking
Year Built1950
HeatingMulti Units
CoolingMulti Unit(s), Ceiling Fan(s)
ViewLagoon, Water
MLS #649430
Lot Size0.29 Acres
StatusActive

About 5850 Galvez Rd

This is one of the most charming little cottage-like duplexes you’ll ever find. Located on Innerarity Island right across the street from Hub Stacy’s at the Point Restaurant, this property is ideal for short-term, or long-term rental success. It has a large lot with plenty of paved parking and extra gravel parking for a boat, or RV. Galvez Landing Boat Ramp is 300 yards away and the new Innerarity Point Park is only one block over and well within walking distance. The duplex features a New Orleans style brick courtyard with a unique covered lanai featuring a large outdoor wood-burning fireplace. Numerous live oak trees and cedars shade the grounds and from the porches you have an unrestricted view of the nearby Intracoastal Waterway. The downstairs apartment is 1 bed, 1 bath with a galley kitchen, and the upstairs unit is a 1 bath, studio. The entire property is well elevated (X-zone w/no flood insurance required) and offers incredible views of the adjacent Intracoastal Waterway. With no HOA restrictions and medium density residential zoning, the possibilities here are endless. If you’re looking for something unique in a rental property, this may be the one.

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Year Built: 1950
  • Stories: 2
  • Living Area: 920 SqFt

Listing Office:

  • Office Name: Avast Realty, LLC
  • Office Phone: (205) 951-8992
  • Listing Agent: Bill Dyess

Interior Features

Interior Information:

  • Appliances: Electric Water Heater

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Lagoon, Water

Parking Information:

  • Parking: 2 Space/Unit, Boat, Guest, RV Access/Parking

Lot Features

Lot Information:

  • Lot Size: 0.29 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Escambia High School, Public District Grades 9-12
  • Escambia Virtual Academy Franchise, Public District Grades 5-12
  • Jim C. Bailey Middle School, Public District Grades 6-8
  • Hellen Caro Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Sorrento Rd go west 1.5 miles to Galvez Rd and turn left/south. Home is located on the left directly across from Hub Staceys at The Point Restaurant and adjacent to the Galvez Landing Public Boat Ramps.

Price Information

Listing Price Info

Price Summary:

  • List Price: $449,000
  • Price Per SqFt: $488/SqFt

Tax Information:

  • Annual Amount: $1,491
  • 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

$287.5K

Med. Price/SqFt

$177

Avg. Days On Market

58

# of Sold Homes

309

5850 Galvez Rd vs Pensacola

93 DAYS ON ROCKET

+35 Days

$449,000

+$161.4K More

$488/SqFt

+$310 More

KEY TAKEAWAY

This property is $161.4K more than the Median Sold Price and $310/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: #649430

Listing Office:

  • Office Name: Avast Realty, LLC
  • Office Phone: (205) 951-8992
  • Listing Agent: Bill Dyess

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, 12:55:52 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

Jul 03, 2013Home Sold
$85,500

Tax History

YEARPROP. TAXASSESSMENT
2020$1,491$91,035
2019$1,498$97,931
2018$1,419$89,029

History based on county public records data.

Payment Calculator

$2,308

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,413

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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.

Elementary School

school-card-donut-965418
8
/10

  • Hellen Caro Elementary School

  • 12551 Meadson Rd

  • 2.92 miles

  • Public District Grades PK-5

Middle School

school-card-donut-965419
2
/10

  • Jim C. Bailey Middle School

  • 4110 Bauer Rd

  • 3.08 miles

  • Public District Grades 6-8

High School

school-card-donut-965420
2
/10

  • Escambia High School

  • 1310 N 65th Ave

  • 11.47 miles

  • Public District Grades 9-12

school-card-donut-965421
7
/10

  • Escambia Virtual Academy Franchise

  • 30 E Texar Dr

  • 15.95 miles

  • Public District Grades 5-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,574. The most common annual income of people living in Pensacola, FL is between $35k-100k. Typical family type is 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 5850 Galvez Rd

What is the listing price of this property?

The listing price of 5850 Galvez Rd property is $449,000.

What type of property is this?

The property 5850 Galvez Rd is a house located in Pensacola, Florida, 32507.

Is this property for sale now?

Active Listing: 5850 Galvez Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5850 Galvez Rd are:
Hellen Caro Elementary School: GreatSchools Rating 8/10
Jim C. Bailey Middle School: GreatSchools Rating 2/10
Escambia High School: GreatSchools Rating 2/10
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 $1,491 (source: MLS/based on county public records data).

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

The last sale was on July 3, 2013 for $85,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5850 Galvez Rd has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5850 Galvez Rd is 920 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5850 Galvez Rd is 1950.

Rocket Homes›Florida›Escambia County›Pensacola›32507›5850 Galvez Rd

This home is located at 5850 Galvez Rd in Pensacola, FL and zip code 32507 in the Perdido Bay neighborhood. This 920 square foot home, which was built in 1950, sits on a 0.29 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $449,000.

While more than 38 listings in Pensacola, FL in September 2024 were sold above asking price, there were more than 66 listings sold at asking price, and more than 174 were sold below. The number of listings in Pensacola, FL increased by 1.6% between August 2024 and September 2024. In September 2024, listings were on the market for 58 days. During the same period, the median list price in this real estate market was $287,549.

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

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