Duplex with Central
For Sale
$252,000
3701 W Brainerd St A & B, Pensacola, FL 32505
Both residences feature central air, with electric water heating serving the property.
Property Size1,356 SF
Days on Market47
Property Features for 3701 W Brainerd St A & B
General Information
Standard status
Active
Size
1,356 SF
Property subtype
Residential Income
Lease Term
12 Months
Amenities
Central Air
Central
Electric Water Heater
Back Yard
Building Details
Building Size
1,356 SF
Year Built
1938
Stories
1
Listing Agency:
Main Street Properties, Inc
Listed By:
Victoria Miller
(850) 255-0135
Source:
Evrealestate
Added: Aug 24
Changed: Oct 7
Last Checked: Oct 7 at 1:03PM
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 Main Street Properties, Inc
Investment Insights
Based on property information with market context.
This duplex at 3701 W Brainerd St A & B in Pensacola comprises two residences and was built in 1938. Interior features include central air and electric water heating, and the property also has a back yard.
The property is in Escambia County, Florida, west of downtown Pensacola. Access from Mobile Highway (US-90) includes a turn onto N Kirk St and then W Brainerd St.
The property is in Escambia County, Florida, west of downtown Pensacola. Access from Mobile Highway (US-90) includes a turn onto N Kirk St and then W Brainerd St.
Key Highlights
- Two residences identified as Units A and B
- Built in 1938
- Central air and electric water heater
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,346
Cap Rate
5.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$266,920
$266.9K
Cap Rate 7%
$190,657
$190.7K
Cap Rate 9%
$148,289
$148.3K
Market Conditions
NOI Build-Up for 1,356 SF
Gross rent
$22.0K $16.20/SF
− Vacancy
−$2.9K −$2.14/SF
EGI
$19.1K $14.06/SF
− OpEx
−$5.7K −$4.22/SF
NOI
$13.3K $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%
$266,920
Cap Rate 7%
$190,657
Cap Rate 9%
$148,289
Alternative Uses
Best Use
Multifamily LT 5
$190.7K
$166.8K – $222.4K
NOI $13,346 @ 7.0% cap · market cap 5.30%
Second Best
Apartment 5plus
$175.0K
$153.2K – $204.2K
NOI $12,252 @ 7.0% cap · market cap 4.86%
Theoretical Best
Office A
$398.0K
$348.2K – $464.3K
NOI $27,858 @ 7.0% cap · market cap 11.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
333
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences feature central air, with electric water heating serving the property.
Where is this duplex located?
The property is located at 3701 W Brainerd St A & B Pensacola, FL.
What is the asking price?
The asking price for this property is $252,000.
What are key features of this property?
This property features: Two residences identified as Units A and B; Built in 1938; Central air and electric water heater
