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    1121 E Lakeview Ave Pensacola, FL 32503

    For Sale
    $625,000

    Duplex - Pensacola, FL

    Type:Duplex
    Property size:
    3,500 SF
    Days on Market:
    34
    Last Refresh:
    Dec 7 at 10:06 am

    Property Features for 1121 E Lakeview Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    Bathrooms
    4
    APN
    000S009025009227
    Parking
    2
    Parking features
    Carport
    Fireplace
    1
    Size
    3,500 SF

    Utilities

    Heating system
    Fireplace(s)

    Building Details

    Year built
    1964
    Floors in Building
    2
    Number of units
    2
    Architectural style
    Other

    Florida Investment Group LLC dba Keller Williams Realty Gulf Coast (850) 471-5000 [email protected]

    Listing agent Michael Warinner (850) 471-5000

    Listing date Nov 4, 2025

    MLS# 667215 Listing URL

    Copyright © 2025 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.

    Overview

    Furnished Duplex in East Hill

    This meticulously maintained and fully furnished duplex is situated in the heart of East Hill, a highly desirable Pensacola neighborhood, conveniently located just blocks from downtown and Pensacola Bay. Both units are being sold furnished and are currently utilized as short-term rentals, exclusively listed on AirBnB. The property generated a gross income of $85,094.83 in 2024. This property is eligible for FHA/VA house hacking, presenting an opportunity to generate income by residing in one unit while renting out the other. The second unit can continue to operate as a vacation rental or be leased to a long-term tenant for stable income. The location provides immediate proximity to the attractions of Palafox Street, the Blue Wahoos Stadium, Bruce Beach, the Pensacola Bay Center, and all the amenities of Downtown Pensacola. The property is located just east of 9th Ave in East Hill. The property size is 3500 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.205179
    Latitude
    30.433875

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    FAQs

    What type of property is this?
    Duplex - Fully furnished duplex in Pensacola's sought-after East Hill neighborhood.
    Where is this duplex located?
    The property is located at 1121 E Lakeview Ave Pensacola, FL.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: - Prime East Hill location, blocks from downtown Pensacola and Pensacola Bay.; - Fully furnished duplex generating $85,094.83 in short-term rental income in 2024.; - FHA/VA house hacking eligible, allowing owner occupancy with rental income.
    (850) 471-5000
    Request Owner's contact information
    1121 E Lakeview Ave Pensacola, FL 32503
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    Pensacola, FL 32503
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1121 E Lakeview Ave Pensacola, FL 32503
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