2 months on rocket

721/700BLK N 48th Ave, Pensacola, FL, 32505

$165,000

Home List Price

$1,959*

Closing Credit

3 Bedrooms
1 Full Bath
1,228 SqFt
$134/SqFt
House

Location

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721/700BLK N 48th Ave, Pensacola$165,000

Buyer Closing Credits

$1,959*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Front Entrance
Year Built1950
HeatingCentral
CoolingCentral Air, Wall/Window Unit(s), Ceiling Fan(s)
MLS #652530
Lot Size0.71 Acres
StatusActive

About 721/700BLK N 48th Ave

Perfect investment opportunity in the Ravenswood Gardens neighborhood of west Pensacola! This property includes the single-family home at 721 N 48th Ave as well as the adjacent lot (on the NE corner of the block). These lots are currently combined with the homes water meter running across vacant lot to house. Total acreage combined is 0.71 and there is plenty of space to build another home or duplex if desired (no mobile homes though). This single level property features a fenced-in yard with a covered patio on the front of the house, 3 bedrooms, and 1 full bath. The property has been consistently rented with monthly rent of $850 with the current lease expiring 01/31/2025. Owner financing available with 20-year term for suitable offers with 10% interest and 20% down payment. Zoning information is in attached MDR document on the MLS. Refrigerator, dishwasher, washer/dryer, and window treatments all belong to the tenant and do not convey.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1950
  • Stories: 1
  • Living Area: 1,228 SqFt

Listing Office:

  • Office Name: ERIC GLEATON REALTY, INC
  • Office Phone: (850) 477-5908
  • Listing Agent: Eric Gleaton

Interior Features

Interior Information:

  • Appliances: Electric Water Heater
  • Flooring Type: Vinyl, Carpet

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Driveway, Front Entrance

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.71 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Wall/Window Unit(s), Ceiling Fan(s)

Other

Directions Information:

  • Directions: N on New Warrington Rd, W on Jackson St, N on N 48th Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $165,000
  • Price Per SqFt: $134/SqFt
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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

721/700BLK N 48th Ave vs Pensacola

61 DAYS ON ROCKET

-1 Day

$165,000

-$121.5K Less

$134/SqFt

-$44 Less

KEY TAKEAWAY

This property is $121.5K less than the Median Sold Price and $44/SqFt less 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: #652530

Listing Office:

  • Office Name: ERIC GLEATON REALTY, INC
  • Office Phone: (850) 477-5908
  • Listing Agent: Eric Gleaton

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: 11/18/2024, 2:20:55 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

$891

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$561

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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-761052
3
/10

  • West Pensacola Elementary School

  • 801 N 49th Ave

  • 0.40 miles

  • Public District Grades PK-5

school-card-donut-761053
2
/10

  • Myrtle Grove Elementary School

  • 6115 Lillian Hwy

  • 1.16 miles

  • Public District Grades PK-5

school-card-donut-761054
2
/10

  • Sherwood Elementary School

  • 501 Cherokee Trl

  • 1.55 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 $39,528. The majority of Pensacola, FL residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 721/700BLK N 48th Ave

What is the listing price of this property?

The listing price of 721/700BLK N 48th Ave property is $165,000.

What type of property is this?

The property 721/700BLK N 48th Ave is a house located in Pensacola, Florida, 32505.

Is this property for sale now?

Active Listing: 721/700BLK N 48th Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 721/700BLK N 48th Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 721/700BLK N 48th Ave is 1,228 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 721/700BLK N 48th Ave is 1950.

Rocket Homes›Florida›Escambia County›Pensacola›32505›721/700BLK N 48th Ave

This home is located at 721/700BLK N 48th Ave in Pensacola, FL and zip code 32505 in the West Pensacola neighborhood. This 1,228 square foot home, which was built in 1950, sits on a 0.71 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 17, 2024 and is currently priced at $165,000.

In October 2024 more than 36 listings in Pensacola, FL were sold above the asking price. During the same period more than 85 listings were sold at asking price, while more than 163 were sold below. The inventory of homes for sale in Pensacola, FL between September 2024 and October 2024 increased by 4.3%. In October 2024, listings were on the market for 62 days. During the same period, the median list price in this real estate market was $286,592.

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

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