1601 E Cervantes Pensacola, FL 32501
New
MULTI_FAMILY - Pensacola, FL
- Added:
- Apr 14, 2026
- Days on Market:
- 4
- Last Refresh:
- Apr 17 at 11:06 pm
Property Features for 1601 E Cervantes
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Fireplace
- 1
- Appliances
- Tankless Water Heater
- Standard status
- Active
- APN
- 000S009025001100
Taxes and HOA fees
- Tax Description
- LTS 1 2 BLK 100 NEW CITY TRACT OR 8947 P 1295 OR 8971 P 1721 CA 41
Utilities
- Heating system
- Central, Fireplace(s)
- Cooling system
- Window Unit(s), Central Air, Multi Units, Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1933
- Number of units
- 4
- Roof type
- Shingle
Listing agent Blair Phillips Beck (850) 912-4123
Listing office Better Homes And Gardens Real Estate Main Street Properties 1313 Creighton Road Suite A, Pensacola, FL (850) 912-4123
Listing date Apr 14, 2026
MLS# 680916
Listing URL
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.
Overview
Renovated Fourplex in East Hill
This fully renovated fourplex is located in the East Hill neighborhood. The property generates approximately $10,000+ per month in gross rental income, with annual revenue exceeding $120,000. Situated 4 blocks from Publix, 5 minutes from downtown Pensacola, and 15 minutes from Pensacola Beach. The property is operated as a 4-unit income-producing short-term rental asset or rented as a whole for larger groups. It may also qualify for FHA financing, allowing an owner-occupant to live in one unit while renting the others. The property features four units (A-D) with various layouts. Unit A has a king bedroom, full kitchen, and private laundry room. Unit B features a king suite with an updated bath and an outdoor entertaining area with a fire pit, grill, and dining space. Unit C is a renovated second-floor 2BR with dual king suites, smart TVs, and a living space. Units B & C share laundry utilities. Unit D is a studio with a king bed, walk-in rain shower, in-unit laundry, and a private deck with outdoor seating and grill. Improvements include a full roof replacement in 2021 and updated plumbing in the B/C laundry area, with a tankless water heater installed by a licensed plumber. The property has an established income history and cash flow potential. The property is currently fully furnished, with furnishings available for purchase or negotiation.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Longitude
- -87.196432
- Latitude
- 30.424688
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Income-producing fourplex in East Hill near downtown Pensacola.
Where is this quadplex located?
The property is located at 1601 E Cervantes Pensacola, FL.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: High income‑producing 4‑plex generating $10,000+ per month ($120,000+ annually).; Fully renovated property with established income history and immediate cash flow potential.; Prime location: 4 blocks from Publix, 5 minutes to downtown Pensacola, and 15 minutes to Pensacola Beach.
