x
Showing 1 of 0
X
Save

1601 E Cervantes
Pensacola FL 32501 US

$725,000

Active Listing ID 680916
home icon
Other

$725,000

Active Listing ID 680916
Save

1601 E Cervantes Exceptional opportunity to acquire a fully renovated, income-producing 4-plex in the highly sought-after East Hill neighborhood, offering a true turnkey Airbnb investment with immediate cash flow and proven rental performance. Ideally located just 4 blocks from Publix, 5 minutes to downtown Pensacola, and 15 minutes to the white sands of Pensacola Beach, this meticulously updated property consistently attracts both short-term and extended-stay guests. The property is currently operated as a 4-unit income-producing STR asset or rented as a whole for larger groups. It may also qualify for FHA financing, which allows an owner-occupant buyer to live in one unit while using the remaining units as income-producing rentals. The property features four thoughtfully designed units (A-D) with a versatile mix of layouts: Unit A offers a spacious king bedroom, full kitchen, and private laundry room. Unit B features a king suite with updated bath and a standout outdoor entertaining area complete with fire pit, grill, and dining space. Unit C is a fully renovated second-floor 2BR with dual king suites, smart TVs, and comfortable living space suited for families or groups. Units B & C have shared laundry utilities. Unit D is a stylish studio with a king bed, walk-in rain shower, in-unit laundry, and private deck with outdoor seating and grill. Recent improvements include full roof replacement in 2021, updated plumbing in B/C laundry area and installation of tankless water heater, all completed by a licensed plumber, enhancing efficiency and long-term reliability. Each unit is fully furnished and curated for comfort, combining modern finishes with high-performing amenities that drive occupancy and guest satisfaction, making this gem a solid, income-producing asset designed for long-term performance in one of Pensacola's most desirable locations.

Collapse all

Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air, Multi Units, Window Unit(s), Wall/Window Unit(s)
  • Roof Type: Shingle
  • Heating Fuels: Fireplace(s), Central
  • Additional Features
  • Fireplace

School Information

  • School
  • Suter(Elementary)
  • WORKMAN(MiddleSchool)
  • Washington(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 725000
  • unparsedaddress: 1601 E Cervantes
  • postalcity: Pensacola
  • stateorprovince: FL
  • country: US
  • postalcode: 32501
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • listpricelow: 725000
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 30.424688
  • longitude: -87.196432
  • listagentfullname: Blair Phillips Beck
  • listagentemail: blair@bhgremsp.com
  • listagentkey: 3yd-PARFL-13499
  • listagentmlsid: 13499
  • listagentpreferredphone: (850) 912-4123
  • listagentofficephone: 3343011315
  • listofficekey: 3yd-PARFL-MSP001
  • listofficemlsid: MSP001
  • disclaimer: Copyright © 2026 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: PARFL
  • yearbuilt: 1933
  • listingcontractdate: 2026-04-14
  • listagenturl: http://www.mainstreetproperty.com
  • countyorparish: Escambia - Fl
  • parcelnumber: 000S009025001100
  • elementaryschool: Suter
  • highschool: Washington
  • appliances: Tankless Water Heater
  • cooling: Central Air, Multi Units, Window Unit(s), Wall/Window Unit(s)
  • heating: Fireplace(s), Central
  • numberofunitstotal: 4
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: On Street
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: Better Homes and Gardens Real Estate
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -87.196434, 30.424688
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Main Street Properties, Inc", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"blair@bhgremsp.com", "ListBrokerageCity":"Pensacola", "ListBrokerageCountry":"US", "ListBrokerageEmail":"lovettholly@att.net", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/PARFL/f18fceb1d59211e099c600219b994c72/20211018114820921.png", "ListBrokerageName":"Main Street Properties, Inc", "ListBrokeragePhone":"(850) 912-4123", "ListBrokeragePostalCode":"32504", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1313 Creighton Rd", "ListBrokerageWebsiteUrl":"http://www.mainstreetproperty.com", "ListOfficeAddress1":"1313 Creighton Road Suite A", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"MSP001", "ListOfficeCity":"Pensacola", "ListOfficeCountry":"US", "ListOfficeEmail":"frontdesk@mainstreetproperty.com", "ListOfficePostalCode":"32504", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Pensacola, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1601-E-Cervantes-St_Pensacola_FL_32501_M68596-05844?f=listhub&s=PARFL&m=680916&c=rexren", "MLSModificationTimestamp":"2026-04-14 20:40:32", "Neighborhoods":[{"Description":null, "Name":"New City Tract"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":"LTS 1 2 BLK 100 NEW CITY TRACT OR 8947 P 1295 OR 8971 P 1721 CA 41", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/15/2026 4:56:40 AM GMT
Source Updated Date: 4/17/2026 12:44:36 PM GMT

Courtesy of: Blair Phillips Beck, Better Homes And Gardens Real Estate Main Street Properties, blair@bhgremsp.com

Copyright © 2026 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.