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    5725 N Palafox St Pensacola, FL 32503

    Source: https://www.saltercompany.com
    For Sale
    $205,000

    Prime Pensacola location, 3,841 SF, high upside potential.

    Property size:
    10,116 SF

    Description

    Added:
    Feb 6, 2025
    Days on Market:
    309
    This Pensacola, FL property at 5725 N Old Palafox St, 32503, offers 3,841 square feet of flexible space in a mixed-use building. Built in 1940, the building currently sits on a 0.48-acre lot and previously housed a pawn shop. The property features a unique combination of a two-story apartment and shop space, presenting a compelling investment opportunity for developers and investors seeking a low entry point with significant upside potential. The adaptable layout allows for various strategic approaches, including renovation for rental or resale, or complete redevelopment. The building's size is 10,116 square feet, with a net size of 5,431 square feet. The property is listed at $205,000, offering a chance to capitalize on its potential for value-add strategies. The motivated seller makes this an attractive opportunity for immediate acquisition. This is a rare chance to acquire a mixed-use asset in a desirable Pensacola location.

    Property Features for 5725 N Palafox St

    General Information

    Property type
    Flex space
    Square Feet
    10,116 SF
    Price / Square Foot
    $20
    Elevators
    N/A
    Net Rentable
    5,431 SF
    Lot Size
    20,924 SF

    Building Details

    Buildings
    1
    Stories
    2

    HighLights

    • Prime Pensacola location on N Old Palafox St.
    • 3,841 square feet of flexible space, ideal for redevelopment.
    • Motivated seller offers attractive entry point for investors.
    Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    State
    Florida
    Longitude
    -87.244635
    Latitude
    30.471929

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    FAQs

    What type of property is this?
    Flex space - Prime Pensacola location, 3,841 SF, high upside potential.
    Where is this flex space located?
    The property is located at 5725 N Palafox St Pensacola, FL.
    What is the asking price?
    The asking price for this property is $205,000.
    What are key features of this property?
    This property features: Prime Pensacola location on N Old Palafox St.; 3,841 square feet of flexible space, ideal for redevelopment.; Motivated seller offers attractive entry point for investors.
    (850) 564-0120
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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
    5725 N Palafox St Pensacola, FL 32503
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