About This Home

This 0-bedroom, 0-bathroom residential multi family at 907 N 57th Ave #907 And 909 N 5 in Pensacola, FL is listed for $216,000 ($115 per sqft). Built in 1940, the home offers 1,880 sqft of living space on a N/A lot.

Key Features

  • Built in 1940

Property Details

1 story
#907 And 909 N 5
1940

Amenities

A/C
Listing Description

Take a look at this great investment opportunity! These two homes in the cozy community of Myrtle Grove in Pensacola have nearby attractions such as the Naval Aviation Museum and the stunning beaches of Perdido Key. For prospective Multifamily / Single Family Rental Portfolio investors, the diverse range of amenities and the appeal of this growing coastal city make the location an attractive choice.

Great neighborhood. Both homes have back yards for kids and pets to play. There are two houses on one parcel and they share one water meter. They do have separate electric service, and 907 has gas service for the central HVAC and water heater. 909 has window AC units.

907 N 57th Ave has 3 bedrooms and 2 baths. 909 N 57th Ave has 1 bedroom and 1 bathroom. The roof on 907 was replaced in 2019 for the house and 2018 for the shed. The roof on 909 was replaced in 2016. The lease on 907 is $1,195.00/month and expires on November 30th, 2026. The lease on 909 is $895.00/month and expires on February 28, 2027.

Monthly Cost Estimate

$1,155/mo

20% down · 6.5% · 30 years

Principal$156
Interest$936
Insurance$63

Estimates only. Actual payments may vary.

Location

907 N 57th Ave #907 And 909 N 5

Pensacola, FL 32506

Myrtle Grove Park

Features & Amenities

Interior Features

BaseboardsCeiling Fan(s)High Speed Internet

Property Details

Flooring

Simulated woodTileCarpet

Construction

Frame

Outdoor Features

DeckPatioPorch

Heating

Natural Gas

Cooling

Ceiling Fan(s)Central Air

Appliances

Electric Water HeaterRefrigerator

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 907 N 57th Ave is listed at $216,000 ($115/sqft). The estimated monthly payment is $1,155 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1940. Interior Features: Baseboards, Ceiling Fan(s), High Speed Internet.

This property is listed by Mehdi Moeini.

MM

Mehdi Moeini

Agent at Bay City Realty LLC

Listed by Bay City Realty LLC · Broker phone: 850-764-6800 · View on Broker Site

MLS# 670407· Source: Pensacola Association of REALTORS· 420 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.

907 N 57th Ave #907 And 909 N 5, Pensacola, FL 32506

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