New Construction Duplex Investment
6321 Denver Avenue, Pensacola, FL 32526
MULTI_FAMILY - Other - Pensacola, FL
Property size:
4,122 SFLot size:
0.40 AcresPrice / SF:
$169/SF- Added:
- Apr 24, 2026
- Days on Market:
- 50
- Last Refresh:
- Jun 12 at 1:06 am
Property Features for 6321 Denver Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Zoning
- Resid Multi-Family
- Bedrooms
- 10
- Bathrooms
- 8
- Rooms
- Bathroom 7, Bathroom 4, Bedroom 5, Bedroom 4, Bedroom 9, Bedroom 1, Bedroom 3, Bedroom 8, Bedroom 10, Bedroom 2, Bathroom 3, Bathroom 6, Bathroom 2, Bedroom 6, Living Room, Bathroom 8, Bathroom 1, Bedroom 7, Bathroom 5
- Window features
- Double Pane Windows
- Interior features
- Washer/Dryer Hookup
- Appliances
- Dishwasher, Microwave, Refrigerator, Stove/Oven Electric, Water Heater - Elect
- Standard status
- Active
- APN
- 42-1S-30-2201-010-001
- Size
- 4,122 SF
- Lot size
- 0.40 Acres
Taxes and HOA fees
- Tax Description
- N 90 FT OF S1/2 OF BLK AA WEST PENSACOLA HTS PB 2 P 34A LESS W 110 FT OR 9378 P 1641 OR 9458 P 1604
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 2026
- Floors in Building
- 1
- Flooring type
- Vinyl
- Building materials
- Frame, Siding CmntFbrHrdBrd, Stone
- Architectural style
- Other
Listing agent Travis Talley License #3292694 (850) 490-1519
Listing office Keller Williams Realty Gulf Coast 913 Gulf Breeze Pkwy #44, Pensacola, FL (850) 916-5800
Listing date Apr 24, 2026
MLS# 1001462
Listing URL
Copyright © 2026 Emerald Coast 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
- New construction investment opportunity with two duplexes on one parcel, offering immediate rental income potential
- Four modern units with durable finishes, including quartz countertops, stainless steel appliances, and luxury vinyl plank flooring
- Two different unit sizes: two 2‑bedroom/2‑bathroom units and two 3‑bedroom/2‑bathroom units
- Durable exterior construction featuring concrete Hardie board siding and a 30‑year GAF Timberline architectural shingle roof
- Each unit includes dedicated parking directly in front
- Convenient location near local schools and Mobile Highway, providing easy access to commuting, shopping, and dining
Overview
This new construction investment opportunity features two duplexes on a single parcel. The front duplex includes two units, each with 2 bedrooms and 2 bathrooms, spanning approximately 933 square feet, totaling 1,866 square feet under roof. The rear duplex offers two larger units, each with 3 bedrooms and 2 bathrooms, at approximately 1,128 square feet each, totaling 2,256 square feet under roof. Each unit will have dedicated parking directly in front, with striped spaces and parking bumpers. Estimated for completion by August 1, 2026, the property will feature modern finishes throughout. Interiors will include quartz countertops in both kitchens and bathrooms, complemented by stainless steel GE or Samsung appliances, including a French door refrigerator, slide-in range, built-in microwave, and dishwasher. Antique bronze hardware will be used across doors, cabinetry, and bath fixtures, while luxury vinyl plank flooring will run throughout each unit. The exterior will feature concrete Hardie board siding and a 30-year GAF Timberline architectural shingle roof. The property is located near local schools and minutes from Mobile Highway, providing easy access for commuting, shopping, and dining. The lot size is 0.4 acres and the total property size is 4,122 square feet. This property presents an opportunity to secure new construction with built-in cash flow potential.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $66.8k | $16.20 |
| − Vacancy | −$8.8k | −$2.14 |
| EGI | $58.0k | $14.06 |
| − OpEx | −$17.4k | −$4.22 |
| NOI | $40.6k | $9.84 |
4,122 SF · lease $16.20/SF/yr · vacancy 13.21% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$579.6K
$507.1K – $676.2K
NOI $40,569 @ 7.0% cap · market cap 5.80%
Second Best
Apartment 5plus
$532.1K
$465.6K – $620.7K
NOI $37,244 @ 7.0% cap · market cap 5.32%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,683 @ 7.0% cap · market cap 12.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Longitude
- -87.29798
- Latitude
- 30.467316
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Two new duplexes on one parcel, estimated completion August 2026.
Where is this multifamily property located?
The property is located at 6321 Denver Avenue Pensacola, FL.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: New construction investment opportunity with two duplexes on one parcel, offering immediate rental income potential; Four modern units with durable finishes, including **quartz countertops, stainless steel appliances**, and luxury vinyl plank flooring; Two different unit sizes: two 2‑bedroom/2‑bathroom units and two 3‑bedroom/2‑bathroom units
