Brand-New Duplex with Two 3/2
315 N Pace Blvd Pensacola, FL 32505
For Sale
$599,000
MULTI_FAMILY - Pensacola, FL
Property Size2,566 SF
Price / SF$233.44
Days on Market118
Property Features for 315 N Pace Blvd
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 5, Bedroom 1, Bedroom 6, Bathroom 4, Bathroom 2, Bedroom 4, Bedroom 2, Bathroom 3, Bathroom 1, Bedroom 3
- Standard status
- Active
- APN
- 000S009060020145
Taxes and HOA fees
- Tax Description
- LT 20 & N 30.5 FT OF S 91.5 FT OF LT 23 & N 30.5 FT OF S 91.5 FT OF E 11.56 FT OF LT 24 BLK 145 WEST KING TRACT OR 8808 P 343 LESS RD R/W E OF LT 20 CA 125
Utilities
- Cooling system
- Multi Units, Central Air
Building Details
- Year built
- 2025
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Block, Brick, Concrete
- Roof type
- Shingle
Listing Agency:
FMIG
(850) 889-2571
Listed By:
Faith Morgan
(850) 889-2571
Added: Mar 29
Changed: Jul 23
Last Checked: Jul 23 at 11:06PM
MLS# 680033
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.
Investment Insights
Based on property information with market context.
A brand-new duplex built in 2025, featuring two separately designed units within a modern, contemporary layout. Unit A offers 1,324 square feet with 3 bedrooms and 2 bathrooms, while Unit B offers 1,242 square feet with 3 bedrooms and 2 bathrooms. Both units include open living spaces and contemporary finishes, creating functional, move-in-ready floorplans for residents.
Located just minutes from downtown Pensacola, the property is also described as convenient to shopping, dining, and major roadways. This combination of proximity and straightforward access can support a variety of residential tenancy needs.
The duplex format makes this a practical fit for an owner-occupant who wants to live in one unit while renting the other, as well as for buyers looking to own a two-unit residential income property. With both units featuring the same 3-bedroom, 2-bath configuration, leasing and day-to-day management may be streamlined compared with a mixed-unit design.
Located just minutes from downtown Pensacola, the property is also described as convenient to shopping, dining, and major roadways. This combination of proximity and straightforward access can support a variety of residential tenancy needs.
The duplex format makes this a practical fit for an owner-occupant who wants to live in one unit while renting the other, as well as for buyers looking to own a two-unit residential income property. With both units featuring the same 3-bedroom, 2-bath configuration, leasing and day-to-day management may be streamlined compared with a mixed-unit design.
Key Highlights
- Brand new 2025 duplex/townhome with two units (Unit A and Unit B)
- Unit A: 1,324 SF with 3 bedrooms and 2 bathrooms
- Unit B: 1,242 SF with 3 bedrooms and 2 bathrooms
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 | $41.6k | $16.20 |
| − Vacancy | −$5.5k | −$2.14 |
| EGI | $36.1k | $14.06 |
| − OpEx | −$10.8k | −$4.22 |
| NOI | $25.3k | $9.84 |
2,566 SF · lease $16.20/SF/yr · vacancy 13.21% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$360.8K
$315.7K – $420.9K
NOI $25,255 @ 7.0% cap · market cap 4.22%
Second Best
Apartment 5plus
$331.2K
$289.8K – $386.4K
NOI $23,185 @ 7.0% cap · market cap 3.87%
Theoretical Best
Office A
$753.1K
$659.0K – $878.6K
NOI $52,716 @ 7.0% cap · market cap 8.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - New 2025 duplex offering two separate 3-bedroom, 2-bath homes, suited for owner-occupancy or rental income.
Where is this duplex located?
The property is located at 315 N Pace Blvd Pensacola, FL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Brand new 2025 duplex/townhome with two units (Unit A and Unit B); Unit A: 1,324 SF with 3 bedrooms and 2 bathrooms; Unit B: 1,242 SF with 3 bedrooms and 2 bathrooms
