508 W Gregory, Pensacola, FL 32502

$665,000

bedrooms

bathrooms

square feet

Acreage

Open Houses

year built

1900

Full Baths

Half Baths

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Cash flowing opportunity with A+ paying tenants. Turn-key downtown 3-unit property perfect for investors as two of the three units have been used as short-term rentals, while the third was owner-occupied, but has a wait list for its leasing consideration. Two rental units come furnished, they are the downstairs unit in main house at 1055 sq, ft. and the 900 sq ft cottage out back. The upstairs unit was owner occupied, 1055 sq, ft and is offered unfurnished. The upstairs unit has two decks, one at the entry door and the other on the opposite side allowing great views in every direction. Seller has completely remodeled (down to the studs!) the property in the last two years. It is only a few blocks to the center of downtown and Palafox St. A unique must-see, brimming with opportunity! Driveway on east side will convey with property.

Location
Subdivision	Belmont Tract
County	Escambia
Elementary School	Global Learning Academy
Middle School	WORKMAN
High School	Pensacola

Driving directions

Open houses

None scheduled.

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MLS number: 654417

Listing agent: Don Becker

Listing broker: Luxury Real Estate Group (954) 812-1412

Copyright © 2025 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. [source]

Last update: Sunday, April 13 2025 at 8:10 a.m. EDT

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