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About This Home

This 2-bedroom, 2-bathroom single family at 1500 Johnson Ave in Pensacola, FL is listed for $139,900 ($130 per sqft). Built in 1984, the home offers 1,078 sqft of living space on a 7.41 acres lot.

Agent Description

Welcome to Unit 221 - a turnkey investment opportunity in a highly accessible area close to Univeristy of West Florida, West Florida Hospital, shopping and restuarants. This well-maintained unit features a newer HVAC system and hot water heater, along with low-maintenance tile flooring in the living room, kitchen, and baths, and wood floors and laminate throughout the remaining areas.

The flexible floor plan features both an eat-in kitchen and countertop bar that opens to a dining and living room with a wood-burning fireplace that adds charm and comfort. As an upstairs end unit, you will enjoy the additional outdoor living space and privacy of the screened porch that includes a storage closet.

The main hallway boast in-unit laundry and access to split plan bedrooms. The Main bedroom offers double closets, an ensuite bath, and vaulted ceilings for an added sense of space. This well-maintained unit offers comfort, convenience, and reliable rental income from day one.

Currently leased to an established tenant, Unit 221 provides a seamless transition for investors looking to expand their portfolio with minimal effort. Whether you're a seasoned investor or entering the rental market for the first time, this condo offers the ideal blend of stability and long-term potential in a desirable location with immediate, consistent rental income. Invest with confidence in a unit that is ready to perform from day one.

Key Features

  • Built in 1984
  • 7.41 acre lot
  • Fireplace

Property Details

1 story
2 full
#221
1984

Amenities

FireplaceA/C

Monthly Cost Estimate

$4,180/mo

20% down · 6.5% · 30 years

Principal$101
Interest$606
Insurance$41
HOA$3,432

Estimates only. Actual payments may vary.

Location

1500 Johnson Ave

Pensacola, FL 32514

Lake Chateau Estates

Property Details

Construction

Frame

Pool Features

Porch

Parking

Guest

Heating

Fireplace(s)Central

Cooling

Central AirCeiling Fan(s)

Appliances

Electric Water HeaterDishwasherRefrigerator

Questions & Answers

This 2-bedroom, 2-bathroom single family at 1500 Johnson Ave is listed at $139,900 ($130/sqft). The estimated monthly payment is $4,038 based on 20% down at 6.5% interest.

HOA fees are $3432/month.

Key features include: Built in 1984, 7.41 acre lot, Fireplace.

This property is listed by Elizabeth Ranieri-Sorrells and can be reached at 850-525-7570 or Elissa.ranieri.realtor@gmail.com.

ER

Elizabeth Ranieri-Sorrells

Agent at REMAX Select Partners

(850) 525-7570

Listed by REMAX Select Partners · View on Broker Site

MLS# 674501· Source: listhub· Updated 179 days ago

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.

1500 Johnson Ave, Pensacola, FL 32514

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