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    New Construction Duplex Investment Opportunity Title is generated by Realmo AI

    6321 Denver Ave, Pensacola, FL 32526

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    Claim this Listing
    For Sale
    $700,000

    MULTI_FAMILY - Pensacola, FL

    Property size:
    4,122 SF
    Price / SF:
    $169/SF
    Added:
    Apr 24, 2026
    Days on Market:
    49
    Last Refresh:
    Jun 11 at 10:06 pm

    Property Features for 6321 Denver Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Bedrooms
    4
    Bathrooms
    4
    Rooms
    Bedroom 2, Bedroom 4, Bathroom 4, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 1
    Parking features
    Parking Lot
    Appliances
    Electric Water Heater, Built In Microwave, Dishwasher, Refrigerator
    Standard status
    Active
    APN
    421S302201010001

    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

    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2026
    Floors in Building
    1
    Number of units
    4
    Building materials
    Frame
    Roof type
    Shingle

    We can help!

    Listing Contact
    Travis Talley
    Travis Talley

    Listing agent Travis Talley License #3292694

    Listing office KELLER WILLIAMS REALTY GULF COAST 913 Gulf Breeze Pkwy. Suite 44, Pensacola, FL

    Listing date Apr 24, 2026

    MLS# 681554 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

    • New construction under way (Year built 2026); estimated completion by August 1, 2026
    • Two duplexes on one parcel: front duplex has two 2BR/2BA units (~933 SF each); rear duplex has two 3BR/2BA units (~1,128 SF each)
    • Each unit includes dedicated parking directly in front with striped spaces and parking bumpers
    • Kitchen and bath finishes: quartz countertops, luxury vinyl plank flooring throughout, and antique bronze hardware
    • Appliances included: GE or Samsung stainless steel package with French door refrigerator, slide‑in range, built‑in microwave, and dishwasher
    • Durable exterior: concrete Hardie board siding and 30‑year GAF Timberline architectural shingle roof; central heating and central air

    Overview

    This new construction investment opportunity features two duplexes on one parcel. The front duplex includes two 2-bedroom, 2-bathroom units, each approximately 933 square feet, totaling 1,866 square feet under roof. The rear duplex offers two larger 3-bedroom, 2-bathroom units, each approximately 1,128 square feet, totaling 2,256 square feet under roof. Each unit will have dedicated parking directly in front, complete with striped spaces and parking bumpers. Estimated for completion by August 1, 2026, the property will feature durable, 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 adds a cohesive, upscale touch across doors, cabinetry, and bath fixtures, while luxury vinyl plank flooring runs seamlessly throughout each unit. The exterior will feature concrete Hardie board siding and a 30-year GAF Timberline architectural shingle roof. Located near local schools and minutes from Mobile Highway, the property provides easy access for commuting, shopping, and dining. 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 (±1% cap)
    NOI $40,569 @ 7.0% cap · market cap 5.80%
    Second Best
    Apartment 5plus
    $532.1K
    $465.6K – $620.7K (±1% cap)
    NOI $37,244 @ 7.0% cap · market cap 5.32%
    Theoretical Best
    Office A
    $1.21M
    $1.06M – $1.41M (±1% cap)
    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

    Quadplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.298456
    Latitude
    30.467339

    FAQs

    What type of property is this?
    Quadplex - Two new duplexes on one parcel, estimated completion August 2026.
    Where is this quadplex located?
    The property is located at 6321 Denver Ave 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 under way (Year built 2026); estimated completion by August 1, 2026; Two duplexes on one parcel: front duplex has two 2BR/2BA units (~933 SF each); rear duplex has two 3BR/2BA units (~1,128 SF each); Each unit includes dedicated parking directly in front with striped spaces and parking bumpers
    More about this property
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