2-Unit Duplex with Fenced
For Sale
$300,000
9305 Mabel St, Pensacola, FL 32514
Residential Income, Pensacola, FL
Property Size1,830 SF
Price / SF$163.93
Days on Market1534
Property Features for 9305 Mabel St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Interior features
Baseboards
Appliances
Dishwasher, Refrigerator
Lot features
Central Access, Interior Lot
Elementary school
Ferry Pass
Middle school
FERRY PASS
High school
Pine Forest
Directions
From 9 MILE RD Just West of COPTER RD, South on MABEL
Standard status
Active
APN
141S301101005003
Size
1,830 SF
Taxes and HOA fees
Tax Description
BEG AT INTER OF S R/W LI OF STATE H/W NO 10 (NINE MILE RD) AND W LI OF NE1/4 OF NE1/4 OF SEC 14 ELY ALG SD S R/W LI 350 FT TO W R/W LI OF MABEL ST SLY ALG W R/W LI 500 FT TO POB CONT ALG SAME LI 100 FT 90 DEG RIGHT & WLY 150 FT 90 DEG RIGHT AND NLY 100 FT 90 DEG RIGHT ELY 150 FT TO POB OR 7283 P 1794
Legal Description
BEG AT INTER OF S R/W LI OF STATE H/W NO 10 (NINE MILE RD) AND W LI OF NE1/4 OF NE1/4 OF SEC 14 ELY ALG SD S R/W LI 350 FT TO W R/W LI OF MABEL ST SLY ALG W R/W LI 500 FT TO POB CONT ALG SAME LI 100 FT 90 DEG RIGHT & WLY 150 FT 90 DEG RIGHT AND NLY 100 FT 90 DEG RIGHT ELY 150 FT TO POB OR 7283 P 1794
Utilities
Sewer type
Septic Tank
Heating system
Central
Cooling system
Multi Units, Central Air
Water source
Public
Amenities
fenced backyards
covered storage
washer and dryer hookups
concrete patio
Building Details
Year built
1983
Floors in Building
1
Number of units
2
Flooring type
Carpet, Vinyl
Roof type
Composition
Listing Agency:
Key Impressions LLC
(850) 776-4580
Listed By:
Justin Schwartz
(850) 982-2012
Added: Jul 24, 2022
Changed: Oct 4
Last Checked: Oct 4 at 10:06PM
MLS# 613139
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.
This 1,830-square-foot duplex contains two residences, each with three bedrooms and one bathroom. Interiors include open living areas and kitchens with breakfast bars and granite-look countertops. Both homes have concrete patios, fenced backyards, covered storage, and washer and dryer hookups. A roof replacement was completed in 2022; vinyl flooring was also installed in one residence that year. Interior updates date to 2013.
The property is at 9305 Mabel St in Pensacola, with the University of West Florida, shopping, medical facilities, and Pensacola International Airport described as minutes away. Public water and septic service are listed.
The property is at 9305 Mabel St in Pensacola, with the University of West Florida, shopping, medical facilities, and Pensacola International Airport described as minutes away. Public water and septic service are listed.
Key Highlights
- Two residences, each with 3 bedrooms and 1 bathroom
- 1,830 square feet total
- Roof installed in 2022
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,011
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.00%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$360,220
$360.2K
Cap Rate 7%
$257,300
$257.3K
Cap Rate 9%
$200,122
$200.1K
Market Conditions
NOI Build-Up for 1,830 SF
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.
Gross rent
$29.6K $16.20/SF
− Vacancy
−$3.9K −$2.14/SF
EGI
$25.7K $14.06/SF
− OpEx
−$7.7K −$4.22/SF
NOI
$18.0K $9.84/SF
Area
Escambia County, FL
Vacancy
13.21%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$360,220
Cap Rate 7%
$257,300
Cap Rate 9%
$200,122
Alternative Uses
Best Use
Multifamily LT 5
$257.3K
$225.1K – $300.2K
NOI $18,011 @ 7.0% cap · market cap 6.00%
Second Best
Apartment 5plus
$236.2K
$206.7K – $275.6K
NOI $16,535 @ 7.0% cap · market cap 5.51%
Theoretical Best
Office A
$537.1K
$470.0K – $626.6K
NOI $37,596 @ 7.0% cap · market cap 12.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
718
Businesses Nearby
Explore this area
Business Placement
Demographics for 32514, FL
40,844
Population
19,117
Households
2.1
Avg Household Size
39
Median Age
33%
College-Educated
91%
High-School Grad
19.8 sq mi
ZIP Area
2,063
Density / Sq Mi
$66,484
Median Household Income
$36,178
Median Earnings
$1,358
Median Rent
$241,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence has three bedrooms, one bath, and washer and dryer hookups.
Where is this duplex located?
The property is located at 9305 Mabel St Pensacola, FL.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 1 bathroom; 1,830 square feet total; Roof installed in 2022
