New-Construction Duplex with Private
New
For Sale
$774,900
410 W Wright St, Pensacola, FL 32501
Residential Income, Pensacola, FL
Property Size2,844 SF
Price / SF$272.47
Days on Market4
Property Features for 410 W Wright St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning description
Res Multi, Res Single
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 1
Parking features
Parking Lot
Exterior features
Balcony
Appliances
Tankless Gas Water Heater, Dryer, Washer, Dishwasher, Disposal, Freezer, Microwave, Refrigerator
Subdivision
Belmont Tract
Lot features
Central Access
Elementary school
Global Learning Academy
Middle school
WORKMAN
High school
Pensacola
Directions
New Construction on W WRIGHT ST
Standard status
Active
APN
000S009010024004
Size
2,844 SF
Taxes and HOA fees
Tax Description
E 30 FT OF W 60 FT OF LTS 21-25 BLK 4 LESS N 10.50 FT THEREOF WEST KING TRACT BEL NO BLK 4 BELMONT TRACT OR 9426 P 158 CA 95
Legal Description
E 30 FT OF W 60 FT OF LTS 21-25 BLK 4 LESS N 10.50 FT THEREOF WEST KING TRACT BEL NO BLK 4 BELMONT TRACT OR 9426 P 158 CA 95
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air, Ceiling Fan(s)
Water source
Public
Amenities
covered porches
balcony
Building Details
Year built
2026
Floors in Building
2
Number of units
4
Building materials
Frame
Roof type
Composition
Buildings
1
Listing Agency:
BEACH PROPERTIES REALTY
Listed By:
Mari-Nikol Naydenova
(850) 292-5627
Added: Oct 22
Changed: Oct 25
Last Checked: Oct 25 at 4:06PM
MLS# 690400
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.
Under-construction duplex with 2,844 square feet arranged as two private residences, one on each floor. Each 3-bedroom, 2-bathroom unit has its own entrance, full kitchen, living area, and laundry room. Interior finishes include quartz countertops, stainless steel appliances, and luxury vinyl plank flooring; both homes also have walk-in closets and double-sink vanities in the primary bathrooms. Covered porches and a balcony extend the living areas, and driveway parking accommodates 4 vehicles.
The property is at 410 W Wright St in Pensacola, near Savoy Place and Downtown. Public water and sewer serve the property. Built with frame construction, it has central heating and air conditioning and a tankless gas water heater.
The property is at 410 W Wright St in Pensacola, near Savoy Place and Downtown. Public water and sewer serve the property. Built with frame construction, it has central heating and air conditioning and a tankless gas water heater.
Key Highlights
- 2,844 square feet across two 3‑bedroom, 2‑bathroom units
- One residence on each floor, with a private entrance for each
- Quartz countertops, stainless steel appliances, and luxury vinyl plank flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,991
Cap Rate
3.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$559,820
$559.8K
Cap Rate 7%
$399,871
$399.9K
Cap Rate 9%
$311,011
$311.0K
Market Conditions
NOI Build-Up for 2,844 SF
Gross rent
$46.1K $16.20/SF
− Vacancy
−$6.1K −$2.14/SF
EGI
$40.0K $14.06/SF
− OpEx
−$12.0K −$4.22/SF
NOI
$28.0K $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%
$559,820
Cap Rate 7%
$399,871
Cap Rate 9%
$311,011
Alternative Uses
Best Use
Multifamily LT 5
$399.9K
$349.9K – $466.5K
NOI $27,991 @ 7.0% cap · market cap 3.61%
Second Best
Apartment 5plus
$367.1K
$321.2K – $428.3K
NOI $25,696 @ 7.0% cap · market cap 3.32%
Theoretical Best
Office A
$834.7K
$730.3K – $973.8K
NOI $58,427 @ 7.0% cap · market cap 7.54%
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
3,021
Businesses Nearby
Explore this area
Business Placement
Demographics for 32501, FL
10,960
Population
5,505
Households
2
Avg Household Size
41
Median Age
30%
College-Educated
86%
High-School Grad
3.7 sq mi
ZIP Area
2,962
Density / Sq Mi
$39,127
Median Household Income
$31,312
Median Earnings
$964
Median Rent
$277,500
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 - Two separate residences each have a full kitchen, living area, and laundry room.
Where is this duplex located?
The property is located at 410 W Wright St Pensacola, FL.
What is the asking price?
The asking price for this property is $774,900.
What are key features of this property?
This property features: 2,844 square feet across two 3‑bedroom, 2‑bathroom units; One residence on each floor, with a private entrance for each; Quartz countertops, stainless steel appliances, and luxury vinyl plank flooring
