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    910 Navy Blvd Pensacola, FL 32507-1294
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    Property profile & analytics

    910 Navy Blvd, Pensacola, FL 32507-1294

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    • Hotels
    • 45,784 SF
    • 2.49 lot acres
    Off-Market
    Last Sale Dec 6, 2024
    $10,800,000
    Property ID
    US18-2938242
    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
    $10,800,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Ashton Inn & Suites / Hotel & Motel / Bed & Breakfast
    • Comfort Inn Pensacola near NAS Corry Station / Hotel & Motel
    • Jersey mikes / Take-out & Catering
    • Rodeway Inn / Hotel & Motel
    • Rodeway Inn Pensacola Near Nas Corry Station / Hotel & Motel

    Property Details for 910 Navy Blvd

    Year built
    1968
    Construction
    WOOD
    Lot size
    2.49 lot acres
    Zone code
    HC/LI
    Property type
    Hotels
    APN
    37-2S-30-2003-000-000
    APU
    372S302003000000

    Description

    This 127-key Comfort Inn, located in Pensacola, Florida, presents a compelling investment opportunity. Boasting 61,768 square feet on a 2.43-acre lot, this five-story hotel, built in 2003 and renovated in 2022, offers significant upside potential. The property enjoys a prime location minutes from Pensacola's beaches and Interstate 10, near Corry Station, a major US Navy training facility. Its proximity to Pensacola International Airport (serving 2.3 million passengers annually), West Florida Hospital, Sacred Heart Hospital, the University of West Florida, Pensacola Beach, Perdido Key, and Blue Wahoos Stadium ensures consistent demand. The strong market is further fueled by Pensacola's growing tech sector and the presence of numerous defense contractors and businesses. Currently operating at 60.14% occupancy, the hotel's strong NOI of $1,233,993 and 8.91% cap rate, coupled with an asking price of $12,250,000 ($198.32/sq ft), indicate a robust return on investment. The property's recent renovation minimizes future capital expenditures, maximizing immediate profitability. This hotel's strategic location and strong market fundamentals make it an attractive investment for discerning buyers seeking significant returns in the Florida hospitality market. The property's APN is 37-2S-30-2003-000-000 and the address is 910 N Navy Blvd, Pensacola, FL 32507.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $14,315,000
      NEIGHBORHOOD: SHOPPING CENTER
      $7,060,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.2763
    Latitude
    30.4019
    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
    $38,976
    $0.00
    $0.00
    $2,698,703
    -
    $350,804
    $2,357,800
    $2,708,604
    More about this property
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