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About This Home
This 2-bedroom, 2-bathroom single family at 503 Mandalay Dr in Pensacola, FL is listed for $320,000 ($279 per sqft). Built in 1965, the home offers 1,147 sqft of living space on a 0.46 acres lot.
A RARE OPPORTUNITY TO OWN A MULTI-PROPERTY HOMESTEAD within a mere stroll & in view of Bayou Chico Waterfront Park! On nearly a 1/2 acre lot located in desirable Lakewood Subdivision a TRULY STUNNING turn-key open-concept home with attached garage, a MASSIVE 16' X 32' outbuilding which is ready for conversion to a possible in-law or rental AND an o
utlined space by owner, opposite of the yard for a 3rd home to potentially generate additional revenue awaits! Owner of 26 years undertook a major renovation converting a 3ba/1ba into this GORGEOUS 2BD/2BA HOME from 2018 to present. Walls were gutted down to the studs with NEW BIG TICKET ITEMS to include; Sewer conversion, wiring throughout, update
d plumbing, roof & decking on both the finished house & outbuilding, 2.5 ton HVAC, new siding, water heater, 3/4 wrap-around deck (currently stained), front picture window with functional side windows, designer glass-panel front door & refinished hardwood floors in 2025.
Throughout this STUNNER from top to bottom, left to right you'll find high-end luxury amenities. Located in desirable Lakewood Subdivision with Bayou Chico Waterfront Park a great place for children, fishing, or kayakers with only a 2.5-3 mile paddle to the Oar House Restaurant on the water, renowned Joe Patties Seafood Market, or the newly opened Waterfront Beach Park in Booming Downtown Pensacola which is only minutes of a drive.
Proud owner states,"house has never flooded & withstood all hurricanes!" Front load W/D convey.
Key Features
- Built in 1965
- 0.46 acre lot
- 1 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$1,711/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
503 Mandalay Dr
Pensacola, FL 32507
Lakewood
Property Details
Construction
Views
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 2-bedroom, 2-bathroom single family at 503 Mandalay Dr is listed at $320,000 ($279/sqft). The estimated monthly payment is $1,387 based on 20% down at 6.5% interest.
Key features include: Built in 1965, 0.46 acre lot, 1 parking spaces.
This property is listed by Sherilee Poisson and can be reached at 8507122591 or s.a.poisson@gmail.com.
