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Waterfront Multifamily Compound
New
For Sale
$1,200,000

427 Vancouver St, Pensacola, FL 32507

Distinctive residential compound with multiple dwellings, covered parking, mature landscaping, and direct Bayou Grande waterfront setting.

Property Size2,598 SF
Price / SF$461.89
Days on Market2

Property Features for 427 Vancouver St

General Information

Standard status Active
Size 2,598 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 4

Building Details

Year Built 1959
Listing Agency: Pointe South
Listed By: Peter C King · License #1324_14
Source: Thekimandbrianteam
Added: Sep 21 Last Checked: Sep 22 at 2:03PM

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 Pointe South

Investment Insights

Based on property information with market context.

Built in 1959, this multifamily property at 427 Vancouver St includes a primary residence, two mid-century cottages, and a separate French Colonial-inspired apartment added in 2006. The main home features Spanish ranch influences, brickwork, original terrazzo flooring, large sliding glass doors, and water views along two sides. A broad lawn, patio, established landscaping, and covered parking extend the usable living environment outdoors.

Set along Bayou Grande in Pensacola’s Navy Point area, the property combines waterfront grounds with a distinctive collection of residential structures. The additional cottages and apartment have previously been used as rental-producing residences and provide accommodations for extended household members, guests, or income-producing use. Reclaimed wood from the former NAS Pensacola Officers’ Club was incorporated into the apartment, adding a documented connection to the property’s local setting and architectural character.

Key Highlights

  • Bayou Grande waterfront property at 427 Vancouver St, Pensacola, FL 32507
  • Four residential structures: primary residence, two cottages, and a separate apartment
  • Primary residence constructed in 1959

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Dental Office Real Estate Agency Building Supply Pharmacy Restaurant Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

316
Businesses Nearby

Demographics for 32507, FL

31,215
Population
19,131
Households
1.6
Avg Household Size
44
Median Age
32%
College-Educated
91%
High-School Grad
27.9 sq mi
ZIP Area
1,119
Density / Sq Mi
$69,802
Median Household Income
$38,000
Median Earnings
$1,238
Median Rent
$267,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Distinctive residential compound with multiple dwellings, covered parking, mature landscaping, and direct Bayou Grande waterfront setting.
Where is this multifamily property located?
The property is located at 427 Vancouver St Pensacola, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Bayou Grande waterfront property at 427 Vancouver St, Pensacola, FL 32507; Four residential structures: primary residence, two cottages, and a separate apartment; Primary residence constructed in 1959
More about this property
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