Multi-Unit Residential Income
20 Saint Johns St Pensacola, FL 32503
20 Saint Johns St, Pensacola, FL, 32503
$349,000
For Sale
$349,000
MULTI_FAMILY - Pensacola, FL
Property Size1,800 SF
Lot Size0.79 Acres
Price / SF$193.89
Days on Market54
Property Features for 20 Saint Johns St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 2, Bedroom 3
- Parking
- 2
- Parking features
- Guest, Garage
- Appliances
- Electric Water Heater, Dryer, Washer, Microwave, Refrigerator
- Standard status
- Active
- APN
- 351S309000000005
- Size
- 1,800 SF
- Lot size
- 0.79 Acres
Taxes and HOA fees
- Tax Description
- E 70 Ft Of Lt 5 & All Lt 6 Cummings S/D Pb 1 P 86 Or 8730 P 699 Sec 35/47 T 1S R 30
Utilities
- Heating system
- Central, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1961
- Floors in Building
- 1
- Number of units
- 2
- Building materials
- Frame
- Roof type
- Metal
Listing agency
Better Homes And Gardens Real Estate Main Street Properties
(850) 912-4123
Listed by
Craig Brown
(850) 912-4123
Added: May 29 Updated: Jul 20 at 6:08PM Checked: Jul 21 at 8:06PM
MLS# 683432
Copyright © 2026 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
For sale is a multi-unit residential income property featuring two separate homes on an oversized lot. The main residence offers 4 bedrooms and 1 bathroom and includes a 2-car garage. A separate guest house provides 1 bedroom and 1 bathroom, creating a flexible setup for long-term occupancy or rental use.
Both homes have durable metal roofs installed in 2020. The property is located near Pensacola Christian College and Academy in Pensacola, Florida, within Escambia County.
Overall, the layout supports a dual-living or rental scenario, with the option to occupy one home while renting the other, or rent both homes.
Both homes have durable metal roofs installed in 2020. The property is located near Pensacola Christian College and Academy in Pensacola, Florida, within Escambia County.
Overall, the layout supports a dual-living or rental scenario, with the option to occupy one home while renting the other, or rent both homes.
Key Highlights
- Dual‑home property on a 0.79‑acre lot in Pensacola, offering a main residence plus a separate guest house
- Main residence features 4 bedrooms, 1 bathroom, and a 2‑car garage
- Separate guest house features 1 bedroom and 1 bathroom
Local Financial Insights For Multifamily LT 5
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 | $29.2k | $16.20 |
| − Vacancy | −$3.9k | −$2.14 |
| EGI | $25.3k | $14.06 |
| − OpEx | −$7.6k | −$4.22 |
| NOI | $17.7k | $9.84 |
1,800 SF · lease $16.20/SF/yr · vacancy 13.21% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$253.1K
$221.5K – $295.3K
NOI $17,716 @ 7.0% cap · market cap 5.08%
Second Best
Apartment 5plus
$232.3K
$203.3K – $271.1K
NOI $16,264 @ 7.0% cap · market cap 4.66%
Theoretical Best
Office A
$528.3K
$462.2K – $616.3K
NOI $36,979 @ 7.0% cap · market cap 10.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Dual-home property on a large lot with a 4-bedroom main residence and a separate 1-bedroom guest house.
Where is this duplex located?
The property is located at 20 Saint Johns St Pensacola, FL.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Dual‑home property on a 0.79‑acre lot in Pensacola, offering a main residence plus a separate guest house; Main residence features 4 bedrooms, 1 bathroom, and a 2‑car garage; Separate guest house features 1 bedroom and 1 bathroom
