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Furnished Resort Villa Townhome

14356 Cordgrass, Pensacola, FL 32507

For Sale
$670,000

Residential, Pensacola, FL

Property Size2,148 SF
Lot Size0.09 Acres
Price / SF$311.92
Days on Market95

Property Features for 14356 Cordgrass

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 2, Bedroom 2, Bathroom 4, Bedroom 4, Bathroom 3, Bedroom 3, Bathroom 1, Bedroom 1
Parking features Open, Garage
Patio and Porch features Patio, Porch
Interior features En Suite, Ceiling Fan(s)
Appliances Dryer, Washer, Cooktop, Disposal, Microwave, Dishwasher, Electric Range, Plumbed For Ice Maker, Smoke Detector
Subdivision LostKeyGolfAndBeachClub
Lot features Less Than 1 Acre
Elementary school Not Baldwin County
Middle school Not Baldwin County
High school Not Baldwin County High
Directions From either direction on Perdido Key Drive, turn onto Lost Key Blvd. Take your first right on Cordgrass. Home will be on the left side.
Standard status Active
APN 35-3S-32-4401-000-103
Size 2,148 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Description Lt 103 Lost Key C12 Townhomes Pb 19 P 92/92A Or 8542 P 628 Sec 34/35 T 3S R 32W
Tax Annual Amount 8417
HOA Fee $7,394 Annually
Legal Description Lt 103 Lost Key C12 Townhomes Pb 19 P 92/92A Or 8542 P 628 Sec 34/35 T 3S R 32W

Utilities

Heating system Electric (Heating)

Amenities

screened patio
screened garage
quartz countertops
soft-close drawers
pull-out shelves
24-hour staffed gate
18-hole Arnold Palmer Championship Golf Course
Golf Club with restaurant
Pro Shop and locker rooms
tennis courts
complimentary Beach Shuttle Service
Beach Club
Pool
Fitness Center

Building Details

Year built 2021
Floors in Building 2
Roof type Composition
Architectural style Other
Buildings 1
Listing Agency: Pointe South
Listed By: Stephanie Boll · License FL #105067
Added: Aug 10 Changed: Nov 12 Last Checked: Nov 12 at 8:06PM
MLS# 407231

Copyright © 2026 Baldwin REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This furnished, three-level villa townhome in Pensacola offers four bedrooms and four bathrooms. Interior features include white quartz countertops and Merillat cabinetry with soft-close drawers and pull-out kitchen shelving. A screened patio and screened garage add enclosed outdoor areas, while the two-car garage also has custom cabinetry and storage. The home was built in 2021 and sits on a 0.09-acre lot.

The property is within Lost Key Golf & Beach Club, a gated community with an 18-hole Arnold Palmer golf course, tennis courts, a beach club, pool, fitness center, and complimentary beach shuttle. The community also includes a golf club restaurant, pro shop, and locker rooms. The Gulf of Mexico, the National Seashore, beaches, and the back gate of NAS Pensacola are described as nearby.

Key Highlights

  • Four‑bedroom, four‑bathroom furnished villa townhome
  • Three‑level layout with 2‑car garage, custom cabinetry, and storage
  • Screened patio and screened garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,408
Cap Rate
2.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$388,160 $388.2K
Cap Rate 7%
$277,257 $277.3K
Cap Rate 9%
$215,644 $215.6K
Market Conditions
NOI Build-Up for 2,148 SF
Gross rent
$41.0K $19.08/SF
− Vacancy
−$5.7K −$2.65/SF
EGI
$35.3K $16.43/SF
− OpEx
−$15.9K −$7.39/SF
NOI
$19.4K $9.04/SF
Area
Escambia County, FL
Vacancy
13.90%
Lease Rate
$19.08 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$388,160
Cap Rate 7%
$277,257
Cap Rate 9%
$215,644

Alternative Uses

Best Use
Apartment 5plus
$277.3K
$242.6K – $323.5K (±1% cap)
NOI $19,408 @ 7.0% cap · market cap 2.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$630.4K
$551.6K – $735.5K (±1% cap)
NOI $44,129 @ 7.0% cap · market cap 6.59%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

243
Businesses Nearby

Demographics for 32507, FL

31,215
Population
19,131
Households
1.6
Avg Household Size
44
Median Age
32%
College-Educated
91%
High-School Grad
27.9 sq mi
ZIP Area
1,119
Density / Sq Mi
$69,802
Median Household Income
$38,000
Median Earnings
$1,238
Median Rent
$267,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Short term rental property - Four bedrooms and four bathrooms accompany screened outdoor space and a two-car garage.
Where is this short term rental property located?
The property is located at 14356 Cordgrass Pensacola, FL.
What is the asking price?
The asking price for this property is $670,000.
What are key features of this property?
This property features: Four‑bedroom, four‑bathroom furnished villa townhome; Three‑level layout with 2‑car garage, custom cabinetry, and storage; Screened patio and screened garage
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