For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Pensacola Multifamily Investment Opportunity Title is generated by Realmo AI

    4108 Kelly Ave, Pensacola, FL 32505

    View on Map
    Claim this Listing
    Pending
    $289,000

    MULTI_FAMILY - Pensacola, FL

    Property size:
    1,536 SF
    Added:
    Feb 13, 2026
    Days on Market:
    86
    Last Refresh:
    May 10 at 12:06 pm

    Property Features for 4108 Kelly Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bathrooms
    6
    Rooms
    Bathroom 4, Bathroom 6, Bathroom 1, Bathroom 3, Bathroom 2, Bathroom 5
    Parking features
    Driveway
    Pets allowed
    Yes
    Appliances
    Electric Water Heater
    Standard status
    Pending
    APN
    092S301400200002
    Size
    1,536 SF

    Taxes and HOA fees

    Tax Description
    BEG 23 FT E OF NW COR OF LT 14 AND 720 FT S FOR POB E 300 FT S 100 FT W 300 FT N 100 FT TO POB LTS 20 21 BLK 2 OF AN UNRECORDED PLAT PART OF LT 14 S/D OF SECTION OR 7287 P 300

    Utilities

    Heating system
    Central

    Building Details

    Year built
    1954
    Floors in Building
    1
    Number of units
    6
    Building materials
    Frame
    Roof type
    Composition, Metal

    We can help!

    Listing Contact
    Tonya Zimmern
    Tonya Zimmern

    Listing agent Tonya Zimmern License #SL653517

    Listing office Levin Rinke Realty 220 W Garden Street Suite 125, Pensacola Beach, FL

    Listing date Feb 13, 2026

    MLS# 677620 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.

    HighLights

    • Investor Opportunity: Three separate single‑family residences on one parcel.
    • High‑Density Mixed‑Use (HDMU) Zoning offers potential for future development or expansion.
    • Immediate Income: All units are currently rented with a total monthly income of $2,150.
    • Recent Updates: Enjoy peace of mind with metal roofs (5 years old) and new HVAC units (2024).
    • Multiple Units: Includes Unit 1 (3 bed/1 bath, 1,144 sq ft), Unit 2 (2 bed/1 bath, 866 sq ft), and Unit 3 (2 bed/1 bath, 840 sq ft).
    • Pleasant Setting: Shaded lot across from a holding pond with mature trees.

    Overview

    This is an investor opportunity to own three separate single-family residences situated on one county parcel. The property is zoned HDMU and all units have established tenants. The metal roofs are approximately 5 years old and HVAC units were updated in 2024. Unit 1, the front home, features 3 bedrooms and 1 full bath within its 1,144 square feet and is currently rented for $850 per month. Unit 2, located at the rear left, includes 2 bedrooms and 1 full bath within its 866 square feet and is currently rented for $600 per month. Unit 3, at the rear right, offers 2 bedrooms and 1 full bath within its 840 square feet and is currently rented for $700 per month. The total current monthly rental income is $2,150. All tenants are on month-to-month leases. The shaded lot sits across from a holding pond, offering a pleasant setting with mature trees. The property is located in Pensacola, Florida, 32505. The total property size is 1,536 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.243476
    Latitude
    30.455129

    FAQs

    What type of property is this?
    Multifamily property - Three single-family homes on one parcel with HDMU zoning.
    Where is this multifamily property located?
    The property is located at 4108 Kelly Ave Pensacola, FL.
    What is the asking price?
    The asking price for this property is $289,000.
    What are key features of this property?
    This property features: Investor Opportunity: Three separate single‑family residences on one parcel.; High‑Density Mixed‑Use (HDMU) Zoning offers potential for future development or expansion.; Immediate Income: All units are currently rented with a total monthly income of $2,150.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message