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    Pensacola Office/Multi-Family Opportunity Title is generated by Realmo AI

    304 W Cervantes St, Pensacola, FL 32501

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    For Sale
    $439,000

    MULTI_FAMILY - Pensacola, FL

    Property size:
    1,000 SF
    Price / SF:
    $439/SF
    Added:
    Feb 9, 2026
    Days on Market:
    94
    Last Refresh:
    May 14 at 7:06 am

    Property Features for 304 W Cervantes St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    000S009010200038
    Size
    1,000 SF

    Taxes and HOA fees

    Tax Description
    E 120 FT OF LTS 20 21 & 22 BLK 38 BELMONT TRACT LESS R/W FOR CERVANTES ST OR 3656 P 198 OR 4504 P 405 OR 7868 P 1580 CA 94

    Utilities

    Heating system
    Central
    Water source
    Public

    Building Details

    Year built
    1970
    Number of units
    2
    Roof type
    Shingle

    We can help!

    Listing Contact
    Frasier Phelps
    Frasier Phelps

    Listing agent Frasier Phelps

    Listing office Berkshire Hathaway Home Services PenFed Realty 836 Gulf Breeze Pkwy, Gulf Breeze, FL

    Listing date Feb 9, 2026

    MLS# 677377 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

    • Prime location: Just 8 blocks North of Garden St, and 3 blocks West of Palafox St.
    • Zoned PR‑2 North Hill Preservation Multiple‑Family District, suitable for multi‑family use or short‑term rentals.
    • Potential for a 2BR/1.5BA and a 1BR/1BA configuration, or a combination of residential and commercial use.
    • Major update in 2018, including a new roof.
    • 1000 sqft addition built on slab in 2000.
    • Currently utilized as a business office.

    Overview

    Located approximately eight blocks north of Garden Street and three blocks west of Palafox Street in Pensacola, Florida, this property is zoned PR-2 North Hill Preservation Multiple-Family District. Currently used as a business office, the property can be converted into a multi-family residence featuring a two-bedroom, one-and-a-half-bathroom unit and a one-bedroom, one-bathroom unit, or a combination thereof. One side could serve as a residence, while the other functions as an office or rental unit. The location is suitable for short-term rentals. A 1,000-square-foot addition on a built-up slab was constructed in 2000, and a major update, including a new roof, was completed in 2018.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kite Insurance Agency ... Insurance Agency Principal Financial Group Financial Advisor Federal Employee Benefit ... Insurance Agency Kite Business Services ... Business Service Center

    Suggested Use

    Real Estate Agency Restaurant Dental Office Spa & Massage Center Hair Salon Law Firm Nail Salon Building Supply Daycare Center Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.2215162
    Latitude
    30.4208133

    FAQs

    What type of property is this?
    Duplex - Office or multi-family property in a fantastic Pensacola location.
    Where is this duplex located?
    The property is located at 304 W Cervantes St Pensacola, FL.
    What is the asking price?
    The asking price for this property is $439,000.
    What are key features of this property?
    This property features: Prime location: Just 8 blocks North of Garden St, and 3 blocks West of Palafox St.; Zoned PR‑2 North Hill Preservation Multiple‑Family District, suitable for multi‑family use or short‑term rentals.; Potential for a 2BR/1.5BA and a 1BR/1BA configuration, or a combination of residential and commercial use.
    More about this property
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