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Property profile

714 La Rua St Pensacola, FL 32501

OFF-MARKET
Residential income homes
7,500 SF 0.03 ac lot Built 1889
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Property summary

AI-generated overview

This exceptional Pensacola, Florida investment property offers a unique blend of history and modern luxury. The Marzoni House, a meticulously restored 1889 Queen Anne Victorian, is listed on the National Register of Historic Places. The property comprises two buildings totaling 7,500 square feet, featuring fourteen suites and thirteen en-suite bathrooms across three stories. A 2014 renovation and a 2022 addition of a 2,600 square foot building with seven suites and seven en-suite bathrooms, including a heated pool and spa, seamlessly blend historical charm with contemporary amenities. The property sits on a 0.031-acre lot in the Old East Hill Preservation District at 714 E La Rua St, Pensacola, FL 32501, and is zoned OEHR-2. Currently operating as a highly successful Airbnb, this multifamily investment boasts a strong track record, generating a Net Operating Income (NOI) of $190,000 and a 7.76% cap rate. With two units, each valued at $1,225,000, the asking price is $2,450,000 ($326.67 per square foot). This presents a rare opportunity to acquire a prestigious, high-income-generating property with significant historical significance and substantial rental potential. The property's location in the heart of Pensacola offers easy access to local attractions and a thriving tourism market. This is a truly exceptional investment opportunity for discerning buyers seeking a blend of historical preservation and modern profitability.

Property profile

Verified
Property type Residential income homes
Year built 1889
Total area 7,500 SF
Lot 0.03 ac (1,350 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Church Mosque
  • Heritage Building
  • Hotel & Motel Bed & Breakfast

Location

714 La Rua St Pensacola, FL 32501
Pensacola metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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