1201-1281 Maxwell StPensacola, FL 32501

Property Details for 1201-1281 Maxwell St

Year built

1974

Lot size

0.60 AC

Property size (Sq ft)

16,956 SF

Property type

Other commercial real estate

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents a 12-unit townhome apartment building situated on a 0.6-acre lot in Pensacola, Florida. The property, comprised of two, two-story buildings, boasts a total of 16,956 square feet and offers 24 parking spaces. Recently renovated between 2022 and 2024, the property features spacious units and benefits from a prime location in the Englewood neighborhood, less than three miles from downtown Pensacola and convenient to Naval Air Station Pensacola and Pensacola Beach. The property is zoned HDR (High Density Residential) in Escambia County, Florida, and enjoys an approximate gross monthly rent of $13,800. The 1974-built complex underwent significant improvements, presenting a stabilized investment with strong potential for future growth. Property taxes for 2022 were $3,776.64. All utilities are the responsibility of tenants. The asking price is $1,650,000. This is an "as is cash sale". Note that the information provided is approximate and should be independently verified.

Location Insight

City

Pensacola

County

Escambia

State

Florida

Latitude

30.4345

Longitude

-87.2328

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