304 W Cervantes St, Pensacola, FL 32501

Building Details

Year built

1970

Number of units

2

Roof type

Shingle

Listing agent Frasier Phelps Show Phone

Listing office Berkshire Hathaway Home Services PenFed Realty s***@onthecoasthomes.com 836 Gulf Breeze Pkwy, Gulf Breeze, FL Show Phone

Listing date Feb 9, 2026

Report an issue

MLS# 677377 Listing URL

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.

---

Overview

Located at 304 W Cervantes St, this duplex-style property is currently utilized as a business office. The layout is flexible, with the home described as convertible to multi-family use, including a potential 2BR/1.5BA unit and a potential 1BR/1BA unit, or a combination of residential and office/rental use where one side serves as living space and the other supports an office or rental arrangement.

The property is zoned PR-2 North Hill Preservation Multiple-Family District. The location is described as about eight blocks north of Garden St and roughly three blocks west of Palafox St, placing it within the central North Hill area based on the provided distances.

For tenants, buyers, or operators seeking a property with adaptable space, the combination of an existing office setup and a multi-family conversion path can support multiple operating models. The record also notes a 1,000-square-foot addition built on a built-up slab in 2000 and major updates in 2018, including a new roof.

Suggested Use

Florist Supermarket Restaurant Auto Parts Store Restaurant Daycare Center Restaurant Electronics & Wireless Store Restaurant Shopping Center & Mall

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Pensacola

County

Escambia

State

Florida

Longitude

-87.2215162

Latitude

30.4208133

Nearby Similar for Sale

• 

  $700,000

  4,122 SF

  Two-Duplex Multi-Family Property

  New construction quadplex with two front duplex units and two larger rear duplex units, each with dedicated parking.

  6321 Denver Avenue, Pensacola, FL 32526

  View Details
• 

  $549,900

  2,380 SF

  Single-Story Brick Ranch Home

  Bright open-concept ranch with 4 bedrooms, gas fireplace, and pond views from the backyard and primary suite.

  4003 Indigo Drive, Pensacola, FL 32507

  View Details
• 

  $685,000

  2,984 SF

  Freestanding QSR with Drive-Thru

  Freestanding restaurant/retail property with drive-thru on 0.88 acres.

  3507 Pace Blvd, Pensacola, FL 32505

  View Details
• 

  $765,000

  Quadplex with Flex Space

  Four income-producing units plus a flex space with full bath, offering flexible live-work or extra guest/bedroom configuration.

  600 E Jackson St, Pensacola, FL 32501

  View Details
• 

  $599,000

  2,566 SF

  Brand-New Duplex with Two 3/2 Units

  New 2025 duplex offering two separate 3-bedroom, 2-bath homes, suited for owner-occupancy or rental income.

  315 N Pace Blvd, Pensacola, FL 32505

  View Details
• 

  $749,000

  Two-Unit Furnished Rental Property

  Two fully furnished units offer separate rental options with current leases extending through 2026.

  608 N 9th Ave, Pensacola, FL 32501

  View Details
• 

  $998,000

  11,989 SF

  Value-Add Commercial Property For Sale

  Two buildings on 1.25 acres, ideal for retail/industrial redevelopment.

  1620 W Cervantes St, Pensacola, FL 32501

  View Details
• 

  $700,000

  Two-Duplex Income Property

  New construction duplex property with four units and dedicated front parking for each unit.

  6321 Denver Ave, Pensacola, FL 32526

  View Details
• 

  $799,000

  2,840 SF

  Free-Standing Building on 1.68 Acres

  2,840 SF building on 1.68 acres with redevelopment potential.

  3301 West Navy Boulevard, Pensacola, FL 32505

  View Details
• 

  $599,000

  2,566 SF

  New Construction Duplex Townhome

  Brand-new 2025 duplex with two 3-bedroom, 2-bath units for rental income or owner-occupancy.

  309 N Pace Blvd, Pensacola, FL 32505

  View Details
• 

  $2,000,000

  4,950 SF

  Pensacola Restaurant - $1.5M

  4,950 SF restaurant with updated interior on high-traffic Pensacola Boulevard.

  6707 Pensacola Blvd, Pensacola, FL 32505

  View Details
• 

  $1,500,000

  7,374 SF

  Turn-Key Bar Live Entertainment Venue

  Turn-key bar/live-entertainment venue on high-traffic Hwy 98.

  9722 U.S. 98, Pensacola, FL 32506

  View Details

FAQs

What type of property is this?

Duplex - Flexible duplex configuration near downtown, currently used as an office and positioned for multi-family conversion under PR-2 zoning.

Where is this duplex located?

The property is located at 304 W Cervantes St Pensacola, FL.

What is the asking price?

The asking price for this property is $425,000.

What are key features of this property?

This property features: Prime location: Just 8 blocks North of Garden St, and 3 blocks West of Palafox St.; Zoned PR‑2 North Hill Preservation Multiple‑Family District, suitable for multi‑family use or short‑term rentals.; Potential for a 2BR/1.5BA and a 1BR/1BA configuration, or a combination of residential and commercial use.