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Furnished Duplex

3117 W La Rua St, Pensacola, FL 32505

For Sale
$455,000

Residential Income, Pensacola, FL

Property Size1,571 SF
Price / SF$289.62
Days on Market51

Property Features for 3117 W La Rua St

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 2
Bathrooms 1
Full bathrooms 1
Half bathrooms 1
Rooms Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 1
Appliances Water Heater
Lot features Central Access
Elementary school Global Learning Academy
Middle school WARRINGTON
High school Pensacola
Directions From Navy Blvd, turn north onto North W St, then turn left onto W La Rua St. The duplex will be on your left
Standard status Active
APN 332S304800001005
Size 1,571 SF

Taxes and HOA fees

Tax Description THAT PORTION OF E 1/2 OF GOV LT 4 BEG AT INTER OF S LI OF JACKSON ST & W LI OF E 1/2 OF GOV LT 4 S 0 DEG 17 MIN E ALG SD W LI 355 FT N 90 DEG E 225 FT FOR POB CONT N 90 DEG E 75 FT S 0 DEG E 145 48/100 FT N 89 DEG 56 MIN W 75 FT N 0 DEG E 145 46/100 FT TO POB OR 9182 P 222 CA 140
Legal Description THAT PORTION OF E 1/2 OF GOV LT 4 BEG AT INTER OF S LI OF JACKSON ST & W LI OF E 1/2 OF GOV LT 4 S 0 DEG 17 MIN E ALG SD W LI 355 FT N 90 DEG E 225 FT FOR POB CONT N 90 DEG E 75 FT S 0 DEG E 145 48/100 FT N 89 DEG 56 MIN W 75 FT N 0 DEG E 145 46/100 FT TO POB OR 9182 P 222 CA 140

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air, Multi Units
Water source Public

Amenities

covered back lanai
washer and dryer
ceiling fans

Building Details

Year built 1970
Floors in Building 1
Number of units 2
Building materials Brick
Roof type Shingle
Listing Agency: LPT Realty
Listed By: Andrew Vose · License FL #100080790
Added: Sep 23 Changed: Oct 29 Last Checked: Nov 12 at 8:06PM
MLS# 689418

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.

This 1,571-square-foot, all-brick duplex contains two furnished residences, each with two bedrooms and one-and-a-half bathrooms. Both sides include appliances, furniture, household items, and individual washers and dryers. Renovations completed in 2022 included a roof replacement, electrical updates, new exterior doors, plumbing and fixture upgrades, countertops, appliances, and ceramic tile flooring. The water heaters were replaced in 2023.

A covered rear lanai serves the property. The duplex is 4 miles from NAS Pensacola and is also described as near downtown Pensacola, shopping, dining, and Gulf Coast beaches. Rental history is noted, and the furnished units are presented for short- or mid-term rental use.

Key Highlights

  • Two furnished units, each with 2 bedrooms and 1.5 bathrooms
  • 1,571 square feet total
  • Renovations completed in 2022, including roof and electrical updates

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 (±1% cap)
NOI $15,462 @ 7.0% cap · market cap 3.40%
Second Best
Apartment 5plus
$202.8K
$177.4K – $236.6K (±1% cap)
NOI $14,195 @ 7.0% cap · market cap 3.12%
Theoretical Best
Office A
$461.1K
$403.4K – $537.9K (±1% cap)
NOI $32,275 @ 7.0% cap · market cap 7.09%
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
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

603
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Pensacola, FL

$195 Jul
$243 Aug
$231 Sep
$232 Oct

Properties on Market for Duplexes in Pensacola

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence has two bedrooms, one-and-a-half bathrooms, furnishings, appliances, and its own washer and dryer.
Where is this duplex located?
The property is located at 3117 W La Rua St 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 furnished units, each with 2 bedrooms and 1.5 bathrooms; 1,571 square feet total; Renovations completed in 2022, including roof and electrical updates
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