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New Construction Quadplex with Duplexes

6321 Denver Ave Pensacola, FL 32526

6321 Denver Ave, Pensacola, FL, 32526
$700,000
For Sale
$700,000

MULTI_FAMILY - Pensacola, FL

Property Size4,122 SF
Price / SF$169.82
Days on Market90

Property Features for 6321 Denver Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Bedrooms
4
Bathrooms
4
Rooms
Bedroom 3, Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 4, Bedroom 1
Parking features
Parking Lot
Appliances
Electric Water Heater, Built In Microwave, Dishwasher, Refrigerator
Standard status
Active
APN
421S302201010001

Taxes and HOA fees

Tax Description
N 90 FT OF S1/2 OF BLK AA WEST PENSACOLA HTS PB 2 P 34A LESS W 110 FT OR 9378 P 1641 OR 9458 P 1604

Utilities

Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
2026
Floors in Building
1
Number of units
4
Building materials
Frame
Roof type
Shingle
Listing agency KELLER WILLIAMS REALTY GULF COAST
Listed by Travis Talley · License #3292694
Added: Apr 24 Updated: Jul 14 at 2:09PM Checked: Jul 22 at 11:06AM
MLS# 681554

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.

New construction quadplex at 6321 Denver Ave, Pensacola, FL 32526, consisting of two duplexes on a single parcel. The front duplex includes two 2-bedroom, 2-bath units, and the rear duplex includes two 3-bedroom, 2-bath units. Each unit will have dedicated parking directly in front with striped spaces and parking bumpers.

Scheduled for completion by the end of August 2026, the homes are designed with durable, modern finishes throughout. Interiors feature quartz countertops in both kitchens and bathrooms, paired with stainless steel GE or Samsung appliances, including a French door refrigerator, slide-in range, built-in microwave, and dishwasher. Antique bronze hardware is planned across doors, cabinetry, and bath fixtures, with luxury vinyl plank flooring throughout each unit.

The exterior is planned with concrete Hardie board siding and a 30-year GAF Timberline architectural shingle roof. The property is described as located near local schools and minutes from Mobile Highway, supporting convenient commuting and everyday access.

Key Highlights

  • New construction duplex property on one parcel featuring 4 units: front duplex has two 2BR/2BA units, rear duplex has two 3BR/2BA units
  • Unit sizes: each front unit is approx. 933 SF (1,866 SF total under roof); each rear unit is approx. 1,128 SF (2,256 SF total under roof)
  • Estimated completion by end of August 2026; Year built listed as 2026; property condition: under construction

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 $66.8k $16.20
− Vacancy −$8.8k −$2.14
EGI $58.0k $14.06
− OpEx −$17.4k −$4.22
NOI $40.6k $9.84
4,122 SF · lease $16.20/SF/yr · vacancy 13.21% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$579.6K
$507.1K – $676.2K (±1% cap)
NOI $40,569 @ 7.0% cap · market cap 5.80%
Second Best
Apartment 5plus
$532.1K
$465.6K – $620.7K (±1% cap)
NOI $37,244 @ 7.0% cap · market cap 5.32%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M (±1% cap)
NOI $84,683 @ 7.0% cap · market cap 12.10%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Building Supply Spa & Massage Center Kitchen & Bath Showroom Gym & Fitness Center Nail Salon Hair Salon Garden Center

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

FAQs

What type of property is this?
Quadplex - Two duplexes on one parcel, scheduled for completion by August 2026, with dedicated striped parking in front of each unit.
Where is this quadplex located?
The property is located at 6321 Denver Ave Pensacola, FL.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: New construction duplex property on one parcel featuring 4 units: front duplex has two 2BR/2BA units, rear duplex has two 3BR/2BA units; Unit sizes: each front unit is approx. 933 SF (1,866 SF total under roof); each rear unit is approx. 1,128 SF (2,256 SF total under roof); Estimated completion by end of August 2026; Year built listed as 2026; property condition: under construction
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