About This Home
This 5-bedroom, 3-bathroom single family at 2910 Michael Dr in Pensacola, FL is listed for $395,000 ($143 per sqft). Built in 1961, the home offers 2,763 sqft of living space on a 0.28 acres lot.
Key Features
- Built in 1961
- 0.28 acre lot
Property Details
Amenities
Discover the incredible potential of this spacious 5-bedroom, 3-full-bathroom home offering 2,763 square feet of living space on a generous 0.28-acre lot. Currently licensed and operating as a successful Assisted Living Facility, this property is fully up to code and presents an outstanding opportunity for investors, entrepreneurs, or homeowners seeking a versatile property with income-producing potential.
Designed to provide a warm, homelike environment, this well-maintained residential care home has undergone numerous improvements over the years. In 2018, the garage was converted into a spacious office, a third full bathroom was added, a second HVAC unit was installed, one bathroom was completely remodeled into a fully handicap-accessible bathroom, and a fire sprinkler system, fire alarm system, and standalone generator were installed.
The hardwood floors were also professionally refinished. In 2019, the original HVAC system was replaced with a new unit, and in 2020, the property became officially licensed as an Assisted Living Facility. The home's thoughtful layout includes a comfortable sitting area adjacent to the primary suite with its own full bathroom, creating a private retreat for owners or caregivers.
Additional features include a welcoming front porch, a screened back porch, a handicap-accessible front entrance with ramp, a spacious backyard, an attached garage, and a large outdoor storage building, providing ample space for equipment and storage.
Whether you choose to continue operating the property as an Assisted Living Facility, launch a new business venture, or transform it into your dream single-family residence, the possibilities are endless. With a little TLC and your personal vision, this exceptional property can be tailored to meet your goals. As an added bonus, the property is being offered fully furnished as it is currently operating as a licensed Assisted Living Facility. The furnishings are negotiable with the purchase price.
Monthly Cost Estimate
$2,113/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2910 Michael Dr
Pensacola, FL 32505
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Pool Features
Parking
Cooling
Appliances
Questions & Answers
This 5-bedroom, 3-bathroom single family at 2910 Michael Dr is listed at $395,000 ($143/sqft). The estimated monthly payment is $2,112 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1961, 0.28 acre lot. Interior Features: Office/Study, Sun Room.
This property is listed by Erik Hansen and can be reached at 8507411410.








