All-Brick
For Sale
$249,000
2422 Eliasberg St, Pensacola, FL 32507
Residential Income, Pensacola, FL
Property Size1,620 SF
Price / SF$153.70
Days on Market67
Property Features for 2422 Eliasberg St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Subdivision
Beach Haven
Lot features
Corner Lot
Elementary school
Navy Point
Middle school
BAILEY
High school
Escambia
Directions
Gulf Beach Hwy to Eliasbergh St House is on the Right.
Standard status
Active
APN
352S311000013074
Size
1,620 SF
Taxes and HOA fees
Tax Description
Lt 13 & 14 Blk 74 Beach Haven Plat Db 46 P 51 Or 8183 P 896 Sec 35/54 T 2S R 30/31
Legal Description
Lt 13 & 14 Blk 74 Beach Haven Plat Db 46 P 51 Or 8183 P 896 Sec 35/54 T 2S R 30/31
Utilities
Sewer type
Public Sewer
Heating system
Central
Water source
Public
Building Details
Year built
1977
Number of units
2
Flooring type
Vinyl
Roof type
Composition
Listing Agency:
Kuhn Realty
Listed By:
Larry Kuhn
(850) 266-7557
Added: Aug 26
Changed: Oct 31
Last Checked: Oct 31 at 8:06AM
MLS# 688059
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.
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Investment Insights
Based on property information with market context.
Built in 1977, this duplex contains two 2-bedroom, 1-bath residences totaling 1,620 square feet. The exterior is brick, and each unit has vinyl flooring and central heating. Public water and sewer serve the property. Impact-rated windows are installed throughout, and a Bath Fitter warranty is in place for one bathroom. A termite repair bond with warranty is also included. The seller plans to install a new roof before closing.
Key Highlights
- Two 2‑bedroom, 1‑bath units; 1,620 square feet total
- Brick exterior with impact‑rated windows throughout
- Seller to install a new roof before closing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,944
Cap Rate
6.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$318,880
$318.9K
Cap Rate 7%
$227,771
$227.8K
Cap Rate 9%
$177,156
$177.2K
Market Conditions
NOI Build-Up for 1,620 SF
Gross rent
$26.2K $16.20/SF
− Vacancy
−$3.5K −$2.14/SF
EGI
$22.8K $14.06/SF
− OpEx
−$6.8K −$4.22/SF
NOI
$15.9K $9.84/SF
Area
Escambia County, FL
Vacancy
13.21%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$318,880
Cap Rate 7%
$227,771
Cap Rate 9%
$177,156
Alternative Uses
Best Use
Multifamily LT 5
$227.8K
$199.3K – $265.7K
NOI $15,944 @ 7.0% cap · market cap 6.40%
Second Best
Apartment 5plus
$209.1K
$183.0K – $244.0K
NOI $14,637 @ 7.0% cap · market cap 5.88%
Theoretical Best
Office A
$475.4K
$416.0K – $554.7K
NOI $33,281 @ 7.0% cap · market cap 13.37%
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
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
130
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The property contains two two-bedroom, one-bath units with central heating and vinyl flooring.
Where is this duplex located?
The property is located at 2422 Eliasberg St Pensacola, FL.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units; 1,620 square feet total; Brick exterior with impact‑rated windows throughout; Seller to install a new roof before closing
