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Waterfront Multifamily Compound
For Sale
$1,200,000

427 Vancouver St, Pensacola, FL 32507

Residential Income, Pensacola, FL

Property Size2,598 SF
Lot Size0.80 Acres
Price / SF$461.89
Days on Market49

Property Features for 427 Vancouver St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MultiFamily
Bedrooms 8
Bathrooms 6
Full bathrooms 5
Half bathrooms 1
Rooms Bedroom 4, Bathroom 6, Bedroom 8, Bathroom 4, Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 5, Bedroom 2, Bedroom 7, Bathroom 2, Bathroom 5, Bathroom 1, Bedroom 6
Parking features Carport
Security features Security Lighting
Patio and Porch features Porch, Patio
Interior features Ceiling Fan(s), High Ceilings
Fireplace 1
Appliances Dryer, Washer, Cooktop, Microwave, Dishwasher, Refrigerator, Electric Range
Lot features Less Than 1 Acre
Elementary school Not Baldwin County
Middle school Not Baldwin County
High school Not Baldwin County High
Directions From I-10: Take Exit 12 onto I-110 S toward Pensacola. Continue south and follow signs toward US-98/Garden Street. Travel west toward Navy Blvd and continue on Navy Blvd toward NAS Pensacola. Pass Sunset Ave, then turn right onto Vancouver St. Follow Vancouver St around the curve; 427 Vancouver St will be the fourth property on the left
Subdivision Escambia County, FL
Standard status Active
APN 082908000
Size 2,598 SF
Lot size 0.80 Acres

Taxes and HOA fees

Tax Description LTS 11 & 12 BLK 5 NEW WARRINGTON PB 1 P 29 OR 9085 P 1622 OR 9360 P 1918 LESS BEG NE COR OF LT 12 BLK 5 NEW WARRINGTON S/D PB 1 P 29 BEING ON TH ELY R/W OF VANCOUVER ST (50 FT R/W) S 17 DEG 00 MIN 00
Legal Description LTS 11 & 12 BLK 5 NEW WARRINGTON PB 1 P 29 OR 9085 P 1622 OR 9360 P 1918 LESS BEG NE COR OF LT 12 BLK 5 NEW WARRINGTON S/D PB 1 P 29 BEING ON TH ELY R/W OF VANCOUVER ST (50 FT R/W) S 17 DEG 00 MIN 00

Utilities

Utilities Cable Available
Heating system Electric (Heating)
Water front 1

Building Details

Year built 1959
Floors in Building 1
Roof type Metal
Architectural style Cottage, French, Mediterranean
Buildings 4
Listing Agency: Pointe South
Listed By: Peter C King · License #81272
Added: Sep 19 Changed: Nov 3 Last Checked: Nov 6 at 1:06PM
MLS# 410914

Copyright © 2026 Baldwin REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This multifamily property combines a primary residence with two mid-century cottages and a separate French Colonial-inspired apartment added in 2006. The 2,598-square-foot property includes original terrazzo flooring, high ceilings, large sliding glass doors, a fireplace, patio and porch areas, and a metal roof. Electric heating, a carport, and a broad landscaped setting add to the physical configuration. The property was built in 1959 and is zoned MultiFamily.

Set along Bayou Grande in Pensacola’s Navy Point area, the 0.8-acre grounds include waterfront lawn and views along two sides of the property. The additional residences have previously been used as rental-producing spaces and may also support extended-family or guest accommodations, subject to buyer verification during due diligence. The property includes cable availability and household appliances, including a cooktop, microwave, dishwasher, refrigerator, electric range, washer, and dryer.

Key Highlights

  • 2,598‑square‑foot multifamily property on 0.8 acres
  • Primary residence plus two cottages and a separate apartment added in 2006
  • Waterfront setting along Bayou Grande with views on two sides

Property Analytics

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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

Average Price Trend$/SF for Multifamily properties in Pensacola, FL

$252 Jul
$263 Aug
$258 Sep
$250 Oct

Properties on Market for Multifamily properties 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?
Multifamily property - Multiple residences, a carport, and Bayou Grande waterfront exposure create a flexible multifamily property configuration.
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: 2,598‑square‑foot multifamily property on 0.8 acres; Primary residence plus two cottages and a separate apartment added in 2006; Waterfront setting along Bayou Grande with views on two sides
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