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4-Unit Quadplex Near Costco
For Sale
$529,000
Pending

9-130 E Nine Mile Rd, Pensacola, FL 32534

Four two-bedroom residences provide an occupied multifamily asset with established leases and proximity to shopping, schools, and dining.

Property SizeContact for details
Days on Market117

Property Features for 9-130 E Nine Mile Rd

General Information

Standard status Pending
Property subtype Residential Income
Occupancy 100%

Financials

Gross Income $57,360
Average Monthly Rent $1,195

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Additional Details

Highway Access Yes

Building Details

Tenancy Multi
Listing Agency: LPT Realty
Listed By: Joshua Servo
Source: Exprealty
Added: May 7 Changed: Aug 28 Last Checked: Aug 28 at 9:32AM

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 LPT Realty

Investment Insights

Based on property information with market context.

This four-unit multifamily property includes four residences, each with two bedrooms and one bathroom. All units are occupied, with established leases in place and expirations staggered throughout 2026. One residence is transitioning to a month-to-month arrangement, adding flexibility for an owner-occupant or an investor evaluating future lease terms.

The property is located at 9-130 E Nine Mile Rd in Pensacola, near Highway 29 and less than one mile from a Costco currently under construction. Shopping, dining, schools, and major commuting routes are also nearby. The combination of an occupied four-unit configuration, varied lease timing, and access to established commercial and transportation corridors supports both continued rental operation and potential owner-occupancy.

Key Highlights

  • Four‑unit property with all residences currently occupied
  • Each unit includes 2 bedrooms and 1 bathroom
  • Lease expirations are staggered throughout 2026

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Electrical Service Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

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
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

561
Businesses Nearby

Demographics for 32534, FL

16,006
Population
7,573
Households
2.1
Avg Household Size
39
Median Age
22%
College-Educated
92%
High-School Grad
9.9 sq mi
ZIP Area
1,617
Density / Sq Mi
$59,013
Median Household Income
$34,841
Median Earnings
$1,350
Median Rent
$192,500
Median Home Value

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?
Quadplex - Four two-bedroom residences provide an occupied multifamily asset with established leases and proximity to shopping, schools, and dining.
Where is this quadplex located?
The property is located at 9-130 E Nine Mile Rd Pensacola, FL.
What is the asking price?
The asking price for this property is $529,000.
What are key features of this property?
This property features: Four‑unit property with all residences currently occupied; Each unit includes 2 bedrooms and 1 bathroom; Lease expirations are staggered throughout 2026
More about this property
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