2-Unit New Construction
For Sale
$499,000
2805 N V St, Pensacola, FL 32505
One residence is vacant, while the other has an active lease that transfers with the sale.
Property Size2,352 SF
Price / SF$212.16
Days on Market514
Property Features for 2805 N V St
General Information
Standard status
Active
Size
2,352 SF
Total Parking Spaces
10
Property subtype
Duplex
Occupancy
50%
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Additional Details
Tenant in Place
Yes
Amenities
quartz countertops
stainless steel appliances
luxury vinyl plank flooring
washer/dryer hookups
primary suite with walk-in closet and dual vanity
heat pump HVAC system
insulated walls
tankless water heater
Building Details
Building Size
2,352 SF
Year Built
2025
Buildings
1
Listing Agency:
Beycome of Florida, LLC
Listed By:
Steven Koleno · License #3469487
(312) 300-6768
Source:
Luxpointrealestate
Added: Jun 6, 2025
Changed: Oct 27
Last Checked: Nov 1 at 1:51PM
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 Beycome of Florida, LLC
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Investment Insights
Based on property information with market context.
Completed in 2025, this duplex contains two mirrored residences totaling 2,352 square feet, or approximately 1,176 square feet per unit. Each offers three bedrooms, two full bathrooms, an open layout, quartz countertops, stainless steel appliances, luxury vinyl plank flooring, washer and dryer hookups, and a primary suite with a walk-in closet and dual vanity. Heat pump HVAC, insulated walls, and a tankless water heater are included. One unit is vacant, and the other is tenant-occupied under a lease that transfers with the property.
The property occupies a corner lot in Pensacola and has approximately 8–10 off-street parking spaces. The vacant residence provides an option for owner occupancy while the second unit remains leased; alternatively, both units can continue in rental use.
The property occupies a corner lot in Pensacola and has approximately 8–10 off-street parking spaces. The vacant residence provides an option for owner occupancy while the second unit remains leased; alternatively, both units can continue in rental use.
Key Highlights
- Built in 2025; two mirrored residential units
- 2,352 square feet total, with approximately 1,176 square feet per unit
- Each unit has 3 bedrooms and 2 full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,148
Cap Rate
4.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$462,960
$463.0K
Cap Rate 7%
$330,686
$330.7K
Cap Rate 9%
$257,200
$257.2K
Market Conditions
NOI Build-Up for 2,352 SF
Gross rent
$38.1K $16.20/SF
− Vacancy
−$5.0K −$2.14/SF
EGI
$33.1K $14.06/SF
− OpEx
−$9.9K −$4.22/SF
NOI
$23.1K $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%
$462,960
Cap Rate 7%
$330,686
Cap Rate 9%
$257,200
Alternative Uses
Best Use
Multifamily LT 5
$330.7K
$289.4K – $385.8K
NOI $23,148 @ 7.0% cap · market cap 4.64%
Second Best
Apartment 5plus
$303.6K
$265.6K – $354.2K
NOI $21,251 @ 7.0% cap · market cap 4.26%
Theoretical Best
Office A
$690.3K
$604.0K – $805.3K
NOI $48,320 @ 7.0% cap · market cap 9.68%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
50%
Occupancy
Location Intelligence
Trade Area within ½ mile
536
Businesses Nearby
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Business Placement
Demographics for 32505, FL
28,671
Population
12,278
Households
2.3
Avg Household Size
36
Median Age
14%
College-Educated
82%
High-School Grad
13.0 sq mi
ZIP Area
2,205
Density / Sq Mi
$41,039
Median Household Income
$27,950
Median Earnings
$1,053
Median Rent
$120,300
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 - One residence is vacant, while the other has an active lease that transfers with the sale.
Where is this duplex located?
The property is located at 2805 N V St Pensacola, FL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Built in 2025; two mirrored residential units; 2,352 square feet total, with approximately 1,176 square feet per unit; Each unit has 3 bedrooms and 2 full bathrooms
