About This Home

This 0-bedroom, 0-bathroom multi-family at 1119 & 1121 E Lakeview Ave in Pensacola, FL is listed for $599,900 ($176 per sqft). Built in 1964, the home offers 3,406 sqft of living space on a 0.24 acres lot.

Key Features

  • Built in 1964
  • 0.24 acre lot
  • 2 stories
  • 2 parking spaces

Property Details

2 stories
2 spaces
1964

Amenities

A/C
Listing Description

PRIME BRICK DUPLEX ON CORNER LOT IN CENTRAL PART OF HIGHLY SOUGHT AFTER EAST HILL. Walkable tree lined quaint streets, friendly , well known neighborhood where people want to live. Invest and Profit--- Terrific and perfect Investment opportunity-live in one side and rent the other to boost your cash flow.

Past revenue figures for furnished short term rental grossed an impressive $85,094.33 (2024 Air B & B) Both units updated and in TOP MOVE-IN CONDITION. Each unit is approximately 1703 sq ft with total of 3406 for the building. Both units are 3BR/2.5 BA.

Last 4 yrs: new HVAC, Roof, Water heater, kitchen appliances, countertops, flooring. some plumbing fixtures, paint, irrigation system. Each unit has a well appointed kitchen with lots of light pouring in, laundry room and outside storage room/workshop.

2 covered parking spots plus extra open parking area. This prime property located on Lakeview, one of Pensacola's most beautiful streets, EZ walk or bike to Bayview Park with water access, Restaurants like East Hill Wine Bar, The Burrow, Ozone Pizza, Alga Beer, LaMonte Gelato, A Mano Panino, Publix, Wild Lemon Pilates, J's Bakery, A Curious Wine Shop, Cactus Flower, and so many more.

Galleries, coffee shops, live music galore. Popular bars where friends gather, hair salons, family friendly parks, schools, churches and the ever popular and upscale downtown Palafox entertainment scene. St Christopher's weekly summer concerts right down the street.

White sand beaches are 15 minutes away. Min Walk to schools, restaurants, entertainment spots, bakeries, hair salons, parks, churches, etc. . East Hill is an historic area boasting pride of Pensacola's great story--a beloved neighborhood. This is a sensible buy for being your own landlord in your own home with built in short term or long term income potential.

Monthly Cost Estimate

$3,208/mo

20% down · 6.5% · 30 years

Principal$434
Interest$2,600
Insurance$175

Estimates only. Actual payments may vary.

Location

1119 & 1121 E Lakeview Ave

Pensacola, FL 32503

New City Tract

Features & Amenities

Interior Features

BaseboardsCeiling Fan(s)Recessed Lighting

Exterior Features

SprinklerRain Gutters

Property Details

Flooring

Laminate

Construction

Brick

Outdoor Features

PorchPatio

Parking

CarportDriveway

Heating

Natural Gas

Cooling

Gas (Cooling)

Appliances

Gas Water HeaterBuilt In MicrowaveDishwasherDisposalRefrigeratorSelf Cleaning Oven

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 1119 & 1121 E Lakeview Ave is listed at $599,900 ($176/sqft). The estimated monthly payment is $3,208 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1964, 0.24 acre lot, 2 stories, 2 parking spaces. Interior Features: Baseboards, Ceiling Fan(s), Recessed Lighting. Exterior Features: Sprinkler, Rain Gutters.

This property is listed by Bobbi Godwin and can be reached at 8504784141.

BG

Bobbi Godwin

Agent at Connell & Company Realty, Inc.

(850) 478-4141

Listed by Connell & Company Realty, Inc. · Broker phone: (850) 478-4141 · View on Broker Site · Broker website

MLS# 681066· Source: Pensacola Association of REALTORS· 116 days on PropertySimple

Copyright © 2026 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1119 & 1121 E Lakeview Ave, Pensacola, FL 32503

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