Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    127 W Belmont St Pensacola, FL 32501

    Sponsored
    Source: https://www.saltercompany.com
    For Sale
    $350,000

    Prime location, redevelopment opportunity. Two units, high potential.

    Property size:
    1,119 SF

    Description

    Added:
    Feb 7, 2025
    Days on Market:
    333
    This exceptional mixed-use property, situated on a corner lot in Pensacola's historic downtown district, presents a compelling investment or owner-user opportunity. The 0.09-acre lot encompasses two buildings, offering a total of 1,119 square feet of space currently configured as two residential units and a commercial space. The property's prime location within the vibrant and growing Pensacola area makes it ideal for redevelopment. While the existing structures offer three potential income streams, significant upgrades and renovations are needed throughout. The roof is a recent addition, representing the only recent major improvement. The property's versatility allows for a range of uses, catering to both residential and commercial needs. This is a rare chance to acquire a substantial property in a highly desirable location with significant upside potential. The asking price is $350,000. This property is zoned for mixed-use development and is ready for an investor or owner-occupant to bring their vision to life. The property's location in the historic district offers unique advantages and potential for increased value.

    Property Features for 127 W Belmont St

    General Information

    Property type
    Multifamily properties
    Square Feet
    1,119 SF
    Price / Square Foot
    $312
    Elevators
    N/A
    Lot Size
    3,793 SF

    Building Details

    Year Built
    1910
    Buildings
    2
    Stories
    1
    Units
    2

    HighLights

    • Prime Downtown Pensacola location in the Historic District.
    • Two residential units plus a versatile commercial space.
    • Three potential income streams with redevelopment opportunity.
    Location Intelligence

    Current Use by Public Records

    JerryGoedde Condominium Complex

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    State
    Florida
    Longitude
    -87.218994
    Latitude
    30.416987

    Nearby Similar for Sale

    • $950,000

      Turnkey Income Property in Pensacola

      Fully functioning 6-unit income property with high-yield potential.
      2001 N 61St Ave, Pensacola, FL 32506
      View Details
    • $359,900

      Pensacola Duplex with Inground Pool

      Duplex in Pensacola, FL, featuring an inground saltwater pool.
      3781 Nobles St, Pensacola, FL 32514
      View Details
    • New
      $369,900
      2,115 SF

      Renovated Duplex in Pensacola, FL

      Fully renovated duplex, ideal for owner-occupant or investor.
      5149 Crestwood Rd, Pensacola, FL 32503
      View Details
    • $725,000

      Historic Downtown Pensacola Quadruplex

      Income-producing, furnished quadruplex in Pensacola's historic Old East Hill.
      522 N 7Th Ave, Pensacola, FL 32501
      View Details
    • $590,000
      2,380 SF

      Pensacola Single-Story Home with Pond View

      Four-bedroom home in maritime community with pond and marina access.
      4003 Indigo Dr, Pensacola, FL 32507
      View Details
    • New
      $599,900
      2,440 SF

      Luxury Duplex Near Pristine Beaches

      Luxury duplex investment property with high-end finishes and furnishings.
      14013 Innerarity Point Rd, Pensacola, FL 32507
      View Details
    • $799,999

      Restored Quadruplex in Old East Hill

      Restored multi-unit property with income potential in Old East Hill.
      600 E Jackson St, Pensacola, FL 32501
      View Details
    • $223,900

      Pensacola Duplex Investment Opportunity

      Two homes on one parcel in Myrtle Grove, Pensacola.
      907 N 57Th Ave, Pensacola, FL 32506
      View Details
    • $795,000
      0.19 Acres

      Updated Triplex in Historic North Hill

      Updated triplex near downtown Pensacola, ideal for investors or owner-occupiers.
      4 W De Soto St, Pensacola, FL 32501
      View Details
    • $795,000

      Pensacola Duplex with Converted Garage

      Updated duplex with converted garage near downtown Pensacola.
      4 W De Soto St, Pensacola, FL 32501
      View Details
    • $325,000
      2,154 SF

      Pensacola Multi-Property Near Gulf

      Multi-property on 4.2 acres near the Gulf Coast.
      8300 Gulf Beach Hwy, Pensacola, FL 32507
      View Details
    • $550,000

      New Pensacola Duplex with Income

      New construction duplex in Pensacola with tenant-occupied unit.
      2805 N V St, Pensacola, FL 32505
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Prime location, redevelopment opportunity. Two units, high potential.
    Where is this multifamily property located?
    The property is located at 127 W Belmont St Pensacola, FL.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Prime Downtown Pensacola location in the Historic District.; Two residential units plus a versatile commercial space.; Three potential income streams with redevelopment opportunity.
    (850) 564-0120
    Request Owner's contact information
    127 W Belmont St Pensacola, FL 32501
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    127 W Belmont St
    Pensacola, FL 32501
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    127 W Belmont St Pensacola, FL 32501
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.