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2001 N 61st Ave 21 Unit Apartment Building $950,000 ($45,238/Unit) Pensacola, FL 32506
Investment Highlights
- 6-unit income property
Executive Summary
Turnkey 6-unit income property with proven short-term rental performance and immediate cash flow. Currently operating within a successful STR program, this well-maintained investment requires no upfront improvements and offers a versatile mix of two single-family homes and two duplexes. Each unit performs well individually, while the property’s rare ability to accommodate up to 35 guests creates exceptional upside through premium full-site bookings, including group travel, retreats, and event stays. Shared outdoor spaces enhance guest appeal and flexibility. Projected annual gross income exceeds $200,000, with additional growth potential through expanded marketing and OTA exposure. Ideal for investors seeking a high-performing, scalable short-term rental asset with strong current returns and long-term appreciation. See agent for financials and documentation.
Data Room Click Here to Access
- Operating and Financials
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$7,292
|
$1.15
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$7,292
|
$1.15
|
Financial Summary (Actual - 2025)
| Taxes | |
|---|---|
| Annual | $7,292 |
| Annual Per SF | $1.15 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $7,292 |
| Annual Per SF | $1.15 |
Property Facts Under Contract
| Price | $950,000 | Apartment Style | Garden |
| Price Per Unit | $45,238 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.38 AC |
| No. Units | 21 | Building Size | 6,320 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built/Renovated | 1950/1979 |
| Zoning | MDR - Medium Density Residential | ||
| Price | $950,000 |
| Price Per Unit | $45,238 |
| Sale Type | Investment |
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.38 AC |
| Building Size | 6,320 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1950/1979 |
| Zoning | MDR - Medium Density Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
| 2+1 | 5 | - | - |
| 3+1 | 5 | - | - |
| 3+2 | 6 | - | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 14-2S-30-5001-090-001 | Total Assessment | $444,572 |
| Land Assessment | $41,433 | Annual Taxes | $7,292 ($1.15/SF) |
| Improvements Assessment | $403,139 | Tax Year | 2025 |
Property Taxes
Parcel Number
14-2S-30-5001-090-001
Land Assessment
$41,433
Improvements Assessment
$403,139
Total Assessment
$444,572
Annual Taxes
$7,292 ($1.15/SF)
Tax Year
2025
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2001 N 61st Ave
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