Furnished Duplex with Updated
For Sale
$455,000
3117 W La Rua St # B Unit A & B, Pensacola, FL 32505
Both residences are furnished and configured for short- or mid-term rental use.
Property Size1,571 SF
Price / SF$289.62
Days on Market37
Property Features for 3117 W La Rua St # B Unit A & B
General Information
Standard status
Active
Size
1,571 SF
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/1.5BA
Multifamily Units
2
Additional Details
Furnished
Yes
Amenities
covered back lanai
washer/dryer
Building Details
Building Size
1,571 SF
Year Built
1970
Year Renovated
2022
Buildings
1
Construction
brick
Listing Agency:
Kuhn Realty
Listed By:
Larry Kuhn
(850) 266-7557
Source:
Kuhnrealty
Added: Sep 23
Changed: Oct 27
Last Checked: Oct 26 at 9:22PM
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 Kuhn Realty
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Investment Insights
Based on property information with market context.
This duplex contains two furnished units, each with two bedrooms and 1.5 bathrooms. The 1,571-square-foot property was renovated in 2022, with new roofing, electrical wiring and panels, exterior doors, appliances, countertops, plumbing and lighting. Ceramic tile flooring extends throughout both units, and each has its own washer and dryer. Both water heaters were replaced in 2023.
The property is at 3117 W La Rua St in Pensacola, 4 miles from NAS Pensacola and a major hospital. Downtown Pensacola, shopping, dining and Gulf Coast beaches are also accessible from the location. A covered back lanai serves the outdoor area.
Furniture and household items—including dishes, linens and decor—are included in both units. The property has a rental history and is described for short- or mid-term rental use.
The property is at 3117 W La Rua St in Pensacola, 4 miles from NAS Pensacola and a major hospital. Downtown Pensacola, shopping, dining and Gulf Coast beaches are also accessible from the location. A covered back lanai serves the outdoor area.
Furniture and household items—including dishes, linens and decor—are included in both units. The property has a rental history and is described for short- or mid-term rental use.
Key Highlights
- Two units, each with 2 bedrooms and 1.5 bathrooms
- 1,571‑square‑foot duplex
- Renovated in 2022; water heaters replaced in 2023
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,462
Cap Rate
3.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$309,240
$309.2K
Cap Rate 7%
$220,886
$220.9K
Cap Rate 9%
$171,800
$171.8K
Market Conditions
NOI Build-Up for 1,571 SF
Gross rent
$25.5K $16.20/SF
− Vacancy
−$3.4K −$2.14/SF
EGI
$22.1K $14.06/SF
− OpEx
−$6.6K −$4.22/SF
NOI
$15.5K $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%
$309,240
Cap Rate 7%
$220,886
Cap Rate 9%
$171,800
Alternative Uses
Best Use
Multifamily LT 5
$220.9K
$193.3K – $257.7K
NOI $15,462 @ 7.0% cap · market cap 3.40%
Second Best
Apartment 5plus
$202.8K
$177.4K – $236.6K
NOI $14,195 @ 7.0% cap · market cap 3.12%
Theoretical Best
Office A
$461.1K
$403.4K – $537.9K
NOI $32,275 @ 7.0% cap · market cap 7.09%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
603
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 - Both residences are furnished and configured for short- or mid-term rental use.
Where is this duplex located?
The property is located at 3117 W La Rua St # B Unit A & B Pensacola, FL.
What is the asking price?
The asking price for this property is $455,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1.5 bathrooms; 1,571‑square‑foot duplex; Renovated in 2022; water heaters replaced in 2023
