Four-Unit Residential
For Sale
$765,000
600 E Jackson St, Pensacola, FL 32501
Four distinct apartments include a mix of bedrooms, kitchenettes, and private outdoor spaces.
Property Size3,246 SF
Price / SF$235.67
Days on Market146
Property Features for 600 E Jackson St
General Information
Standard status
Active
Size
3,246 SF
Property subtype
Quadruplex
Units
Unit Mix
2 x 2BR/1BA, 1 x 1BR/1BA, 1 x studio
Multifamily Units
4
Building Details
Building Size
3,246 SF
Year Built
1908
Listing Agency:
Lokation
Listed By:
Abigail Barnett
Source:
Kuhnrealty
Added: Jun 11
Changed: Nov 2
Last Checked: Nov 3 at 8:11AM
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 Lokation
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Investment Insights
Based on property information with market context.
Built in 1908, this four-unit residential property contains a total of 3,246 square feet. Unit A has two bedrooms, one bathroom, a full kitchen, and a screened porch. Unit B offers one bedroom, one bathroom, a kitchenette, and a screened porch, while Unit C is a studio with a kitchenette. The second-floor Unit D includes two bedrooms, one bathroom, and a balcony. A separate flex area with a full bathroom provides additional interior space.
The property is at 600 E Jackson St in Pensacola, minutes from Downtown Pensacola, Blue Wahoo's Stadium, restaurants, shopping, and the waterfront. New construction and luxury developments are also rising in the surrounding neighborhood.
The property is at 600 E Jackson St in Pensacola, minutes from Downtown Pensacola, Blue Wahoo's Stadium, restaurants, shopping, and the waterfront. New construction and luxury developments are also rising in the surrounding neighborhood.
Key Highlights
- Four residential units with a 2‑bedroom, 1‑bedroom, studio, and 2‑bedroom layout
- 3,246 square feet; built in 1908
- Unit A includes a full kitchen and screened porch
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,947
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$638,940
$638.9K
Cap Rate 7%
$456,386
$456.4K
Cap Rate 9%
$354,967
$355.0K
Market Conditions
NOI Build-Up for 3,246 SF
Gross rent
$52.6K $16.20/SF
− Vacancy
−$6.9K −$2.14/SF
EGI
$45.6K $14.06/SF
− OpEx
−$13.7K −$4.22/SF
NOI
$31.9K $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%
$638,940
Cap Rate 7%
$456,386
Cap Rate 9%
$354,967
Alternative Uses
Best Use
Multifamily LT 5
$456.4K
$399.3K – $532.5K
NOI $31,947 @ 7.0% cap · market cap 4.18%
Second Best
Apartment 5plus
$419.0K
$366.6K – $488.8K
NOI $29,329 @ 7.0% cap · market cap 3.83%
Theoretical Best
Office A
$952.7K
$833.6K – $1.11M
NOI $66,686 @ 7.0% cap · market cap 8.72%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,720
Businesses Nearby
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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?
Quadplex - Four distinct apartments include a mix of bedrooms, kitchenettes, and private outdoor spaces.
Where is this quadplex located?
The property is located at 600 E Jackson St Pensacola, FL.
What is the asking price?
The asking price for this property is $765,000.
What are key features of this property?
This property features: Four residential units with a 2‑bedroom, 1‑bedroom, studio, and 2‑bedroom layout; 3,246 square feet; built in 1908; Unit A includes a full kitchen and screened porch
