Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2526 Gulf Bch Hwy Pensacola, FL 32507-2831
    Back to Search
    Property profile & analytics

    2526 Gulf Bch Hwy, Pensacola, FL 32507-2831

    View on Map
    • Bars & Pubs
    • 3,113 SF
    • 0.38 lot acres
    Off-Market
    Property ID
    US18-3098388
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Nelson’s Liquor & Lounge / (Bike/Boat/Book/etc) Store

    Property Details for 2526 Gulf Bch Hwy

    Year built
    1993
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.38 lot acres
    Zone code
    HC/LI
    Property type
    Bars & Pubs
    APN
    35-2S-31-1000-009-064
    APU
    352S311000009064

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 18, 2025 — Amick LLC — Deed · related $500k · Centennial Bank
    Jun 24, 2016 $395,000 Amick LLC Jerry M Nelson Warranty Deed $328k · Centennial Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.3069
    Latitude
    30.3816
    CBSA code
    37860
    CBSA name
    PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,934
    $0.00
    $0.00
    $133,895
    -
    $24,863
    $109,032
    $133,895

    Comparable in this City

    • Value Estimation by Request
      3,280 SF

      3703 Gulf Bch Hwy

      NIGHTCLUB (COCKTAIL LOUNGE)
      3703 Gulf Bch Hwy, Pensacola, FL 32507-2727
      View Details
    • Value Estimation by Request
      3,761 SF

      13583 Perdido Key Dr

      NIGHTCLUB (COCKTAIL LOUNGE)
      13583 Perdido Key Dr, Pensacola, FL 32507-9606
      View Details
    • Value Estimation by Request
      1,933 SF

      508 Navy Blvd

      NIGHTCLUB (COCKTAIL LOUNGE)
      508 Navy Blvd, Pensacola, FL 32507-3333
      View Details
    • Value Estimation by Request
      17,853 SF

      17401 Perdido Key Dr

      NIGHTCLUB (COCKTAIL LOUNGE)
      17401 Perdido Key Dr, Pensacola, FL 32507-9354
      View Details
    • Value Estimation by Request
      2,525 SF

      3790 Barrancas Ave

      NIGHTCLUB (COCKTAIL LOUNGE)
      3790 Barrancas Ave, Pensacola, FL 32507-3411
      View Details
    • Value Estimation by Request
      3,433 SF

      49 Navy Blvd

      NIGHTCLUB (COCKTAIL LOUNGE)
      49 Navy Blvd, Pensacola, FL 32507-3601
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,548 SF

      Purple Parrot Tiki Bar & Grill

      Established Tiki Bar & Grill near Gulf of Mexico.
      13555 Perdido Key Dr, Pensacola, FL 32507
      View Details
    • $600,000

      Purple Parrot Tiki Bar & Grill

      Beach-bar experience near Gulf of Mexico with 4COP Liquor License.
      13555 Perdido Key Dr, Pensacola, FL 32507
      View Details
    • Contact for pricing
      2,200 SF

      Turnkey Restaurant in Pensacola

      Fully operational restaurant in high-traffic area, redevelopment potential.
      3708 W Navy Blvd, Pensacola, FL 32507
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      9,856 SF

      Restaurant with Event Space Potential

      Second-generation restaurant with event space and ample parking.
      610 N Navy Blvd, Pensacola, FL 32507
      View Details
    • Contact for pricing

      Medical/Retail Space on Sorrento Road

      3,500 SF available in West Pensacola near Perdido Key.
      12601 Sorrento Rd, Pensacola, FL 32507
      View Details
    • Contact for pricing
      1,400 SF

      Retail/Office Space Near NAS Gate

      Retail or office spaces available for lease near major retailers.
      10447 Sorrento Rd, Pensacola, FL 32507
      View Details
    • Contact for pricing
      8,640 SF

      Retail Space in Busy Center

      Retail space with ample parking near NAS Pensacola.
      120 Way Chief's, Pensacola, FL 32507
      View Details
    • Contact for pricing
      6,200 SF

      Versatile Warehouse with Fenced Lot

      6,200 SF warehouse with offices, roll-up doors, fenced lot.
      523 S Old Corry Field Rd, Pensacola, FL 32507
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2526 Gulf Bch Hwy
    Pensacola, FL 32507-2831
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2526 Gulf Bch Hwy, Pensacola, FL, 32507
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!