Pensacola Multi-Unit Investment
20 Saint Johns St, Pensacola, FL 32503
New
MULTI_FAMILY - Pensacola, FL
Property size:
1,800 SFLot size:
0.79 AcresPrice / SF:
$193/SF- Added:
- May 29, 2026
- Days on Market:
- 2
- Last Refresh:
- May 30 at 1:06 pm
Property Features for 20 Saint Johns St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 5, Bedroom 4, Bedroom 6, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1
- Parking
- 2
- Parking features
- Garage, Guest
- Appliances
- Electric Water Heater, Dryer, Washer, Microwave, Refrigerator
- Standard status
- Active
- APN
- 351S309000000005
- Size
- 1,800 SF
- Lot size
- 0.79 Acres
Taxes and HOA fees
- Tax Description
- E 70 Ft Of Lt 5 & All Lt 6 Cummings S/D Pb 1 P 86 Or 8730 P 699 Sec 35/47 T 1S R 30
Utilities
- Heating system
- Central, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1961
- Floors in Building
- 1
- Number of units
- 2
- Building materials
- Frame
- Roof type
- Metal
Listing agent Craig Brown (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 May 29, 2026
MLS# 683432
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.
HighLights
- Dual‑home property: 4‑bed/1‑bath main house & 1‑bed/1‑bath guest house offer versatile living/rental options.
- Large 0.79‑acre lot with no HOA restrictions, providing ample space and freedom.
- Strong income potential through long‑term or short‑term (Airbnb) rentals of either or both units.
- Durable metal roofs installed in 2020, ensuring long‑term reliability.
- Convenient location near Pensacola Christian College and Academy, ensuring consistent rental demand.
- Includes a 2‑car garage and guest parking.
Overview
This versatile dual-home property is situated on a 0.79-acre lot in Pensacola. It features a 4-bedroom, 1-bathroom main residence with a 2-car garage, and a separate 1-bedroom, 1-bathroom guest house. The property is suitable for long-term rental income, short-term rental/Airbnb, or multi-generational living. Both homes have metal roofs installed in 2020. The layout offers flexibility and potential for strong cash flow, with the option to live in one unit while renting the other, or lease both for maximum income. The property is conveniently located near Pensacola Christian College and Academy, benefiting from consistent rental demand. With no HOA restrictions and ample land, this property presents multiple income strategies for investors and homeowners. The property size is 1800 square feet.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.2k | $16.20 |
| − Vacancy | −$3.9k | −$2.14 |
| EGI | $25.3k | $14.06 |
| − OpEx | −$7.6k | −$4.22 |
| NOI | $17.7k | $9.84 |
1,800 SF · lease $16.20/SF/yr · vacancy 13.21% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$253.1K
$221.5K – $295.3K
NOI $17,716 @ 7.0% cap · market cap 5.08%
Second Best
Apartment 5plus
$232.3K
$203.3K – $271.1K
NOI $16,264 @ 7.0% cap · market cap 4.66%
Theoretical Best
Office A
$528.3K
$462.2K – $616.3K
NOI $36,979 @ 7.0% cap · market cap 10.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Map
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Longitude
- -87.242843
- Latitude
- 30.471693
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Dual-home property on oversized lot, ideal for rental income.
Where is this duplex located?
The property is located at 20 Saint Johns St Pensacola, FL.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Dual‑home property: **4‑bed/1‑bath main house & 1‑bed/1‑bath guest house offer versatile living/rental options.**; Large 0.79‑acre lot with no HOA restrictions, providing ample space and freedom.; Strong income potential through long‑term or short‑term (Airbnb) rentals of either or both units.
