186 N Palafox St Pensacola, FL 32502
Senior living community in Florida Panhandle with strong market demand.
Property Features for 186 N Palafox St
General Information
- Standard status
- Active
- Size
- 58,110 SF
- Property subtype
- Hospitality, Senior Living
Listing office SVN | SouthLand Commercial Pensacola (850) 434-7500
Listing date Mar 5, 2026
Source Crexi
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 SVN | SouthLand Commercial Pensacola
Investment Insights
Based on property information with market context.
Key Highlights
- Premier 58,110 SF senior living community in the Florida Panhandle.
- Stable cash flow with 84% to 88% occupancy across 100 units.
- Located in a growing Gulf Coast market with expanding senior demographics.
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 | $1.11M | $19.08 |
| − Vacancy | −$154.1k | −$2.65 |
| EGI | $954.6k | $16.43 |
| − OpEx | −$429.6k | −$7.39 |
| NOI | $525.0k | $9.04 |
