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    Two-Duplex Multi-Family Property Title is generated by Realmo AI

    6321 Denver Avenue, Pensacola, FL 32526

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    Claim this Listing
    For Sale
    $700,000

    MULTI_FAMILY - Other - Pensacola, FL

    Property size:
    4,122 SF
    Lot size:
    0.40 Acres
    Price / SF:
    $169/SF
    Added:
    Apr 24, 2026
    Days on Market:
    65
    Last Refresh:
    Jun 27 at 1:06 pm

    Property Features for 6321 Denver Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Zoning
    Resid Multi-Family
    Bedrooms
    10
    Bathrooms
    8
    Rooms
    Bedroom 2, Bedroom 5, Bathroom 6, Bathroom 2, Bedroom 10, Bathroom 8, Bathroom 4, Bedroom 9, Bathroom 1, Bedroom 3, Bedroom 1, Bathroom 5, Bedroom 4, Bathroom 3, Living Room, Bedroom 7, Bedroom 8, Bedroom 6, Bathroom 7
    Window features
    Double Pane Windows
    Interior features
    Washer/Dryer Hookup
    Appliances
    Dishwasher, Microwave, Refrigerator, Stove/Oven Electric, Water Heater - Elect
    Standard status
    Active
    APN
    42-1S-30-2201-010-001
    Size
    4,122 SF
    Lot size
    0.40 Acres

    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

    Sewer type
    Septic Tank
    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2026
    Floors in Building
    1
    Flooring type
    Vinyl
    Building materials
    Frame, Siding CmntFbrHrdBrd, Stone
    Architectural style
    Other

    We can help!

    Contact an agent
    Travis Talley
    Travis Talley

    Listing agent Travis Talley License #3292694

    Listing office Keller Williams Realty Gulf Coast 913 Gulf Breeze Pkwy #44, Pensacola, FL

    Listing date Apr 24, 2026

    MLS# 1001462 Listing URL

    Copyright © 2026 Emerald Coast 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

    • New construction duplex investment: 2 duplexes on one parcel with 4 total units
    • Front duplex has two 2BR/2BA units, ~933 SF each (1,866 SF total under roof)
    • Rear duplex has two 3BR/2BA units, ~1,128 SF each (2,256 SF total under roof)
    • Estimated completion by end of August 2026; property listed as under construction with year built 2026
    • Each unit includes dedicated parking directly in front with striped spaces and parking bumpers
    • Central heat and central air; interiors include luxury vinyl flooring, washer/dryer hookup, and stainless steel appliances

    Overview

    This for-sale multi-family property includes two duplexes on a single parcel, delivering four total residences under construction. The front duplex provides two 2-bedroom, 2-bath units, while the rear duplex features two larger 3-bedroom, 2-bath units. Each unit is planned with dedicated parking directly in front, with striped spaces and parking bumpers. Interiors are designed with quartz countertops in both kitchens and bathrooms, stainless steel GE or Samsung appliances (including a French door refrigerator, slide-in range, built-in microwave, and dishwasher), antique bronze hardware throughout, and luxury vinyl plank flooring. The exterior is slated to feature concrete Hardie board siding and a 30-year GAF Timberline architectural shingle roof, with estimated completion by the end of August 2026.

    The property is located at 6321 Denver Avenue in Pensacola, Florida (Escambia County), zoned for Resid Multi-Family. Public remarks indicate the site is near local schools and minutes from Mobile Highway, supporting convenient day-to-day access for commuting and nearby shopping and dining.

    As a new construction investment, the layout offers a blend of unit sizes, with both 2-bedroom and 3-bedroom options within the same ownership. The configuration may also appeal to buyers looking to occupy one unit while renting the others, supported by the planned dedicated parking and consistent, durable exterior and interior finishes across all four residences.

    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 Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.29798
    Latitude
    30.467316

    FAQs

    What type of property is this?
    Quadplex - New construction quadplex with two front duplex units and two larger rear duplex units, each with dedicated parking.
    Where is this quadplex located?
    The property is located at 6321 Denver Avenue 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 investment: 2 duplexes on one parcel with 4 total units; Front duplex has two 2BR/2BA units, ~933 SF each (1,866 SF total under roof); Rear duplex has two 3BR/2BA units, ~1,128 SF each (2,256 SF total under roof)
    More about this property
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