530 S 1st St Charming New Warrington cottage with classic Old Florida character - and investment upside. Tucked into one of the last truly laid-back, unspoiled pockets of Pensacola, this freshly updated cottage blends vintage charm with smart functionality. Inside, you'll find a clean, move-in-ready layout perfect for a primary residence, weekend getaway, or income property. The oversized back yard is a great place to play, hang out, or let the dogs run. Location is everything here. The West Sunset Ave bridge to Navy Point is less than half a mile away and the South Navy Blvd bridge to NAS is a quarter mile away. Navy Point boat launch is just on the other side of the Sunset Ave bridge providing water access to Pensacola Bay - ideal for boaters, paddlers, and anglers. The surrounding neighborhood is dotted with parks and green space, with that quiet, old-Florida feel that's getting harder to find. This is a community that still feels like a neighborhood. For investors, this property checks every box: proven short-term rental potential in a high-demand waterside area, low-maintenance block construction, and a location that draws both vacationers and boating enthusiasts year-round. Whether you're looking for a charming place to call home or a turnkey rental with strong upside, this cottage offers the best of both worlds - Old Florida soul with new Florida potential.