Ad #7887339
MLS #685487
Located less than one mile from Downtown Pensacola, 608 N 9th
608 N 9th Ave, Pensacola, Florida, 32501
$700,000
4Beds
3Baths
1,300Sqft
0.050Acres
About this property
Located less than one mile from Downtown Pensacola, 608 N 9th Ave offers two fully furnished rental units on one property with established mid-term rental income already in place. Check the documents for proven cap rate info! The front unit is a 2 bedroom, 1 bath cottage with a covered front porch, bright exterior, and a layout that works well for furnished rental use. The back unit is a 2 bedroom, 2 bath residence, with off street parking, giving the property two separate rental options on one downtown-adjacent parcel. Both units are currently leased through the remainder of 2026, giving an investor immediate income without the initial vacancy period, furnishing expense, or setup work typically required when launching a furnished rental. The sale includes furnishings, and the property is currently self-managed with no property management fee built into the current operation. Projected 2026 gross revenue is approximately $66,506 based on seller-provided income history and existing lease agreements. The location supports multiple rental strategies, with quick access to Downtown Pensacola, Pensacola Bay Center, McGuire's, the Sanctuary Event Venue, Publix, restaurants, festivals, and Pensacola Beach. The two-unit setup gives a buyer flexibility for mid-term rentals, furnished rentals, corporate housing, travel professionals, or a future owner-occupant scenario with personal residence in one unit and rental for the other. Financial information, income history, projected expenses, and lease details are available for review. Buyers should verify all figures, lease terms, taxes, and rental projections during due diligence.
Property Features
4 Beds
3 Baths
1,300 Sqft
Built in 1936
0.050 Acres
1 Story
Carport
Siding: Frame
Shingle Roof
Central
Escambia County
New City Tract Community
Additional Photos
Contact Information
Katie Anderson
Florida Investment Group LLC dba Keller Williams Realty Gulf Coast
850-471-5000
Location
Listing Agent: Katie Anderson 850-471-5000
Broker: Florida Investment Group LLC dba Keller Williams Realty Gulf Coast 850-471-5000 Listing Site
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.
Broker: Florida Investment Group LLC dba Keller Williams Realty Gulf Coast 850-471-5000 Listing Site
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.
BeachHouse.com
Printed Jul 21, 2026
Photo Gallery
$700,000
4
Beds
3
Baths
1,300
Sqft
608 N 9th Ave, Pensacola, Florida, 32501
By contacting this agent you agree to these Terms and Conditions.
MLS# 685487
Located less than one mile from Downtown Pensacola, 608 N 9th
$700,000
608 N 9th Ave, Pensacola, Florida, 32501
4
Beds
3
Baths
1,300
Sqft
0.050
Acres
$700,000
608 N 9th Ave, Pensacola, Florida, 32501
4 Beds
3 Baths
1,300 Sqft
0.050 Acres
Located less than one mile from Downtown Pensacola, 608 N 9th Ave offers two fully furnished rental units on one property with established mid-term rental income already in place. Check the documents for proven cap rate info! The front unit is a 2 bedroom, 1 bath cottage with a covered front porch, bright exterior, and a layout that works well for furnished rental use. The back unit is a 2 bedroom, 2 bath residence, with off street parking, giving the property two separate rental options on one downtown-adjacent parcel. Both units are currently leased through the remainder of 2026, giving an investor immediate income without the initial vacancy period, furnishing expense, or setup work typically required when launching a furnished rental. The sale includes furnishings, and the property is currently self-managed with no property management fee built into the current operation. Projected 2026 gross revenue is approximately $66,506 based on seller-provided income history and existing lease agreements. The location supports multiple rental strategies, with quick access to Downtown Pensacola, Pensacola Bay Center, McGuire's, the Sanctuary Event Venue, Publix, restaurants, festivals, and Pensacola Beach. The two-unit setup gives a buyer flexibility for mid-term rentals, furnished rentals, corporate housing, travel professionals, or a future owner-occupant scenario with personal residence in one unit and rental for the other. Financial information, income history, projected expenses, and lease details are available for review. Buyers should verify all figures, lease terms, taxes, and rental projections during due diligence.
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Property Details
HOME DETAILS
4 Beds
3 Baths
1,300 Sqft
Built in 1936
0.050 Acres
1 Story
EXTERIOR
Carport
Siding: Frame
Shingle Roof
INTERIOR
Central
FINANCIAL & COMMUNITY
Escambia County
New City Tract Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7887339
Viewed
35 times
Listing Status
Active
Added
Jul 06, 2026
Last Refresh
Jul 21, 2026 03:44:27 PM
Listing Information
Data Source
Pensacola Association of REALTORS
Source Property ID
685487
Listing Agent: Katie Anderson 850-471-5000
Broker: Florida Investment Group LLC dba Keller Williams Realty Gulf Coast 850-471-5000 Listing Site
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.
Broker: Florida Investment Group LLC dba Keller Williams Realty Gulf Coast 850-471-5000 Listing Site
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.
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