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    16 W La Rua St Pensacola, FL 32501

    Source: https://www.saltercompany.com
    For Sale
    $850,000

    Prime location, versatile space, historic charm.

    Property size:
    4,448 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 3,038 square foot historic building, constructed in 1900, presents a unique investment opportunity in the heart of Pensacola, Florida. Situated on a 0.102-acre lot, the property boasts a total building size of 4,448 square feet, with 3,038 square feet of net usable space. Its PR-2 zoning allows for a variety of uses, making it ideal for offices, creative studios, or loft conversions. The building's historic character blends seamlessly with the potential for modern adaptation, offering a rich canvas for a discerning buyer. The property is located at 16 W La Rua St, Pensacola, FL 32501, providing easy access to the vibrant Pensacola area. This is a chance to acquire a piece of Pensacola's history and transform it into a thriving business space. The asking price is $850,000. The property's unique blend of historical significance and adaptable space presents a compelling investment opportunity with significant upside potential. This is a rare chance to own a piece of Pensacola's heritage and shape its future.

    Property Features for 16 W La Rua St

    General Information

    Property type
    Residential offices
    Square Feet
    4,448 SF
    Price / Square Foot
    $191
    Class
    C
    Elevators
    N/A
    Net Rentable
    3,038 SF
    Lot Size
    4,448 SF

    Building Details

    Year Built
    1900
    Buildings
    1
    Stories
    2

    HighLights

    • Prime Pensacola location, offering versatile usage potential.
    • Historic 1900 building, 3,038 square feet of character‑rich space.
    • Zoned PR‑2, ideal for office, creative, or loft uses.
    Insight Report Location Intelligence

    Current Use by Public Records

    Anderson James D ... Engineer Anderson Kathleen Attorney ... Attorney

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Law Firm Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    State
    Florida
    Longitude
    -87.217371
    Latitude
    30.418656

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    FAQs

    What type of property is this?
    Residential office - Prime location, versatile space, historic charm.
    Where is this residential office located?
    The property is located at 16 W La Rua St Pensacola, FL.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: Prime Pensacola location, offering versatile usage potential.; Historic 1900 building, 3,038 square feet of character-rich space.; Zoned PR-2, ideal for office, creative, or loft uses.
    (850) 232-9092
    Request Owner's contact information
    16 W La Rua St Pensacola, FL 32501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16 W La Rua St Pensacola, FL 32501
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