Courtesy of: Blair Phillips Beck, Better Homes And Gardens Real Estate Main Street Properties, blair@bhgremsp.com
Courtesy of: Blair Phillips Beck, Better Homes And Gardens Real Estate Main Street Properties, blair@bhgremsp.com
$725,000
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Other
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$725,000
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.
Courtesy of: Blair Phillips Beck, Better Homes And Gardens Real Estate Main Street Properties, blair@bhgremsp.com
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