Brick Duplex with
For Sale
$290,000
10120 Guidy Ln, Pensacola, FL 32514
MULTI_FAMILY - Pensacola, FL
Property Size1,776 SF
Lot Size0.33 Acres
Price / SF$163.29
Days on Market51
Property Features for 10120 Guidy Ln
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
Res Multi
Bathrooms
2
Full bathrooms
2
Half bathrooms
2
Rooms
Bathroom 3, Bathroom 2, Bathroom 4, Bathroom 1
Parking features
Driveway
Window features
Blinds
Appliances
Electric Water Heater
Lot features
Interior Lot
Elementary school
Mcarthur
Middle school
RANSOM
High school
Tate
Directions
FROM NINE MILE ROAD GO NORTH ON GUIDY LANE - 1/2 DOUBLE ON THE RIGHT NEAR GREEN BRIAR
Standard status
Active
APN
071S301008000006
Size
1,776 SF
Lot size
0.33 Acres
Taxes and HOA fees
Tax Description
BEG AT NE COR OF SEC TH S 0 DEG 04 MIN 18 SEC W ALG E LI OF SD SEC 50 FT TO S R/W LI OF TEN MILE RD (100 FT R/W) TH N 89 DEG 58 MIN 02 SEC W ALG SD R/W LI 627 FT TO E R/W LI OF GUIDY LN (66 FT R/W) TH S 0 DEG 04 MIN 18 SEC W ALG SD E R/W LI 1009 55/100 FT TO POB CONT S 0 DEG 04 MIN 18 SEC W ALG SD R/W LI 77 50/100 FT TH S 89 DEG 58 MIN 02 SEC E 190 FT N 0 DEG 04 MIN 18 SEC E 77 50/100 FT N 89 DEG 58 MIN 02 SEC W 190 FT TO POB OR 2189 P 670
Legal Description
BEG AT NE COR OF SEC TH S 0 DEG 04 MIN 18 SEC W ALG E LI OF SD SEC 50 FT TO S R/W LI OF TEN MILE RD (100 FT R/W) TH N 89 DEG 58 MIN 02 SEC W ALG SD R/W LI 627 FT TO E R/W LI OF GUIDY LN (66 FT R/W) TH S 0 DEG 04 MIN 18 SEC W ALG SD E R/W LI 1009 55/100 FT TO POB CONT S 0 DEG 04 MIN 18 SEC W ALG SD R/W LI 77 50/100 FT TH S 89 DEG 58 MIN 02 SEC E 190 FT N 0 DEG 04 MIN 18 SEC E 77 50/100 FT N 89 DEG 58 MIN 02 SEC W 190 FT TO POB OR 2189 P 670
Utilities
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1980
Floors in Building
1
Number of units
2
Flooring type
Tile, Carpet
Building materials
Brick
Roof type
Shingle
Listing Agency:
REALTY MASTERS
(850) 473-3983
Listed By:
David Keen
(850) 473-3983
Added: Jun 23
Changed: Aug 2
Last Checked: Aug 12 at 12:06AM
MLS# 684844
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 brick duplex at 10120 Guidy Ln offers two separate units. Each unit includes a large living area and an updated kitchen, with washer and dryer hookups and a patio/open backyard space off the rear door. The property has tile flooring throughout based on the unit updates described in the remarks, with central heating and central air plus an electric water heater.
The duplex sits on a huge 0.33-acre lot. The roof was replaced in 2025, HVAC was installed in 2025, and the septic system and drain fields were replaced in 2024. Public water service and a septic tank are in place, with parking provided via a driveway.
Built in 1980, this duplex is configured as two units and is described as fully occupied in the public remarks.
The duplex sits on a huge 0.33-acre lot. The roof was replaced in 2025, HVAC was installed in 2025, and the septic system and drain fields were replaced in 2024. Public water service and a septic tank are in place, with parking provided via a driveway.
Built in 1980, this duplex is configured as two units and is described as fully occupied in the public remarks.
Key Highlights
- Brick duplex with two units and patio/backyard access off the rear door
- 0.33‑acre lot with public water and septic tank
- 2025 roof replacement
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
$17,479
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
6.03%
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%
$349,580
$349.6K
Cap Rate 7%
$249,700
$249.7K
Cap Rate 9%
$194,211
$194.2K
Market Conditions
NOI Build-Up for 1,776 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
$28.8K $16.20/SF
− Vacancy
−$3.8K −$2.14/SF
EGI
$25.0K $14.06/SF
− OpEx
−$7.5K −$4.22/SF
NOI
$17.5K $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%
$349,580
Cap Rate 7%
$249,700
Cap Rate 9%
$194,211
Alternative Uses
Best Use
Multifamily LT 5
$249.7K
$218.5K – $291.3K
NOI $17,479 @ 7.0% cap · market cap 6.03%
Second Best
Apartment 5plus
$229.2K
$200.6K – $267.5K
NOI $16,047 @ 7.0% cap · market cap 5.53%
Theoretical Best
Office A
$521.2K
$456.1K – $608.1K
NOI $36,486 @ 7.0% cap · market cap 12.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
63
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Brick duplex with two two-bedroom, one-and-a-half-bath units, central electric, public water, septic, and driveway parking.
Where is this duplex located?
The property is located at 10120 Guidy Ln Pensacola, FL.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Brick duplex with two units and patio/backyard access off the rear door; 0.33‑acre lot with public water and septic tank; 2025 roof replacement
