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Two-Unit Duplex
For Sale
$86,000

1505 W Lakeview Ave, Pensacola, FL 32501

A corporate lease has remained in place for more than a decade, with renewal scheduled each May.

Property SizeContact for details
Days on Market231

Property Features for 1505 W Lakeview Ave

General Information

Standard status Active
Property subtype Duplex

Units

Unit Mix 1 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 2

Amenities

Central
Shingle

Building Details

Year Built 1943
Listed By: Alan Holden · License #SL3360056
Source: Kw
Added: Mar 5 Changed: Oct 21 Last Checked: Oct 21 at 2:27AM

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 Alan Holden

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Investment Insights

Based on property information with market context.

This duplex contains two units: one with 1 bedroom and 1 bathroom, and another with 2 bedrooms and 1 bathroom. Both units were updated last year. The building dates to 1943 and has central interior features and shingle exterior materials.

A corporate lease has continued for more than a decade and renews each May. The property is at 1505 W Lakeview Ave in Pensacola, Florida.

Key Highlights

  • Two units: one 1‑bedroom/1‑bath unit and one 2‑bedroom/1‑bath unit
  • Corporate lease has continued for more than a decade and renews each May
  • Both units updated last year

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,130
Businesses Nearby

Demographics for 32501, FL

10,960
Population
5,505
Households
2
Avg Household Size
41
Median Age
30%
College-Educated
86%
High-School Grad
3.7 sq mi
ZIP Area
2,962
Density / Sq Mi
$39,127
Median Household Income
$31,312
Median Earnings
$964
Median Rent
$277,500
Median Home Value
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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?
Duplex - A corporate lease has remained in place for more than a decade, with renewal scheduled each May.
Where is this duplex located?
The property is located at 1505 W Lakeview Ave Pensacola, FL.
What is the asking price?
The asking price for this property is $86,000.
What are key features of this property?
This property features: Two units: one 1‑bedroom/1‑bath unit and one 2‑bedroom/1‑bath unit; Corporate lease has continued for more than a decade and renews each May; Both units updated last year
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