305 S Valencia St, Pensacola, FL 32507

$380,000 Asking Price

3 beds
2 baths
2,235  sqft
Built in 1931

Welcome to this charming and unique investment opportunity in Pensacola. This historic home, built in 1931, offers not only a main residence but also a detached fully furnished garage apartment that has been renovated. Both units are currently leased. The possibilities are endless with this property - live in one and rent out the other, use the apartment as a guest suite or Airbnb rental, or convert it into an office space or studio. The main home rents for $1850 (lease ends 4/30/25) and garage apartment $1050 (lease ends 6/30/25). Located near Bayou Grand and the Navy Point Boat Launch, outdoor enthusiasts will love the easy access to water activities and beautiful views. The main home boasts classic architectural details while still offering modern amenities for comfortable living. You will find original hardwood flooring in common areas and bedrooms. Living room has a beautiful wood ceiling which adds character to the space. The spacious kitchen features a gas cooktop, double wall oven, dishwasher, large single bowl sink and plenty of storage space and pantry space. Newer appliances and water heater is 3 years old. Just outside of the main home you will find a detached storage building/workshop & double garage that fronts Chattman Street. The garage apartment has one bedroom, one bath, living room, kitchen and includes furnishings. With its prime location and potential for income generation, this property is truly a gem in Pensacola. Home is being sold As-Is and does include transferable termite bond. Don't miss out on this incredible opportunity.

Features & Amenities

Interior

General:
Storage, Ceiling Fan(s), Walk-In Closet(s), Office/Study
Appliances:
Gas Water Heater, Dryer, Washer, Built In Microwave, Dishwasher, Double Oven, Down Draft, Microwave, Refrigerator, Oven
Laundry:
Inside, W/D Hookups
Flooring:
Hardwood, Tile, Carpet
A/C:
true, Central Air, Ceiling Fan(s)
Heating:
true, Central, Fireplace(s)
Fireplace:
Fireplace

Exterior

General:
Sprinkler, Guest House, Workshop/Storage
Style:
Traditional
Pool:
None
Parking:
2 Car Garage, Garage Door Opener

Construction

Roofing:
Shingle
Windows:
Double Pane Windows, Shutters
General:
Frame, 1, Off Grade

Location

Road/Access:
Paved
HOA Amenities:
Annually
Originating MLS:
Pensacola MLS
County:
Escambia

Lot

Zoning:
512S307060010008
View:
Bayou
Fencing:
Back Yard

Utilities

Utilities:
Cable Available, Circuit Breakers
Water:
Public
Sewer:
Septic Tank

Financial

Source:
Pensacola MLS

This listing courtesy of:
Florida Shores Real Estate, Kelly Verret

About Pensacola, FL

Housing

Number of Units
117,982
Median Home Value
$166,417
Median Rent
$827

38.91% of housing units are renter occupied.

11.28% are vacant.

Commute

Car
70.29%
Public Transportation
0.84%
Walk to Work
1.88%
Work from Home
25.12%
Other
0.90%

The median travel time to work is 18 minutes.

People

Population
262,267
Median Age
38.70
Median Household Size
2.52

Education

High School
26.89%
Associate’s Degree
11.13%
Bachelor’s Degree
15.93%
Graduate Degree
9.90%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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