7225 W Fairfield Dr B5, Pensacola, FL 32506
Renovated condo with oak trees, suitable for Airbnb.
- Added:
- Mar 18, 2025
- Days on Market:
- 477
- Last Refresh:
- Apr 5 at 11:12 pm
Property Features for 7225 W Fairfield Dr B5
General Information
- Standard status
- Active
- Size
- 1,026 SF
- Lot size
- 4.90 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1983
Listing office NE Real Estate Services (401) 465-0417
Listing date Mar 18, 2025
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of NE Real Estate Services
HighLights
- Completely renovated unit - never lived in since renovation.
- No short‑term rental restrictions allowed.
- New 2.5 Ton HVAC system installed.
- Almost 5 acres of land with mature oak trees.
- New security gates installed within the last year.
- TREX flooring on stairwell landing and porch deck.
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $19.6k | $19.08 |
| − Vacancy | −$2.7k | −$2.65 |
| EGI | $16.9k | $16.43 |
| − OpEx | −$7.6k | −$7.39 |
| NOI | $9.3k | $9.04 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Longitude
- -87.310143
- Latitude
- 30.4278226
