1261 Mahogany Mill Rd Pensacola, FL 32507

This unique waterfront property on Bayou Chico offers multiple income streams. Zoned HC/LI, there is potential to construct another waterfront home and increase the number of rentable boat slips. The property includes three fully renovated townhomes, two of which are furnished, located less than five minutes from downtown. Each townhome includes its own boat slip/lift. Originally built in 1900 as the kiln building for the Weis-Fricker Mahogany Mill, the renovated townhomes retain their original beauty and style. The interiors feature 18 ft ceilings, wood flooring, exposed brick walls, and a solid finished mahogany wood island bar top. The owners have furnished two units with antiques from estates and plantations from Florida, Mississippi, Louisiana, and Alabama. The property has a private entrance, private parking, and a private well for yard water. The dock has water and power. Unit 1263 had its A/C replaced in 2021 and all windows replaced in 2016. New fabric shield hurricane window and door covers were installed, and a new boat lift was installed in 2023. A built-in 3 kayak boat rack is included, and the upper deck is built to hold a 2-person hot tub. All three units were repainted in 2023, and all dock walkways and the back deck walkway were replaced in 2020. All units have solid cement roofs, and the property borders over 100 ft of waterfront, offering panoramic views and sunrises.