1111 Polk Ave Pensacola, FL 32507

This brick triplex in Pensacola, Florida, features three one-bedroom units, each offering 638 square feet of living space. Each unit includes a kitchen open to the living room, a dining area, a bedroom with a walk-in closet, a covered back patio, and a utility room with washer/dryer hookups. A wide paved driveway provides parking space for six to nine cars. The surrounding neighborhood has seen new construction, including houses directly next door. A roof coating with a five-year no-leak warranty was recently applied. A nature reserve with a raised walk path is a short walk away, and the Navy Point waterfront area and boat ramp are a few minutes' drive. All three units are currently rented under leases ending on 01/31/26, 03/31/2026, and 05/31/26. One unit has been freshly renovated and rents for $995 per month. The other two units rent for $875 and $700 and could potentially be raised to $995 per month with cosmetic upgrades. The owner currently pays for water, sewer, and trash, with utilities averaging $244 per month for all three units in 2024. Lawn care, also provided by the owner, averaged $73 per month in 2024.