216 Broadmoor Ln

Property Description

This recently renovated 12-unit apartment building is located just west of Downtown Pensacola and offers investors a turnkey asset with strong in-place income and recent capital improvements. Each unit features a spacious 1-bedroom, 1-bathroom layout with approximately 610 sq. ft. of living space. Interior updates include new flooring, refreshed kitchens with updated cabinets and appliances, and renovated bathrooms, offering a clean and modern rental product for residents. Major exterior improvements include a new roof, new porch railings, and updated stairs, enhancing both curb appeal and long-term durability. The property is conveniently located just 4.4 miles from the NAS Pensacola Main Gate, 2.8 miles from Downtown Pensacola, and approximately 25 minutes from Pensacola Beach. Current effective rents average $1,160 per unit, including a $75 monthly utility fee that covers water, sewer, and trash. Electricity and internet are paid directly by residents. With strong in-place income, recent capital improvements, and a convenient location near major employment and lifestyle drivers, this 12-unit asset is a compelling addition to an investor's portfolio.

Overview

Property Status

For Sale

MLS ID

684058

Property Type

Condo

Year Built

1982

Are you interested?

Schedule a Tour

Jeremy Johnson

(850) 377-3145 [email protected]

Features & Amenities

Total Area

7,326 Sq.Ft.

Neighborhood

Pensacola

Water Frontage

None

Stories

Water Source

Public

Pool

None

Roof

Shingle

Lot Features

Interior Lot

Parking

Parking Lot

Heat Type

Central

Air Conditioning

Ceiling Fan(s), Central Air

Laundry Room

Inside

Appliances

Electric Water Heater, Microwave

Other Interior Features

Ceiling Fan(s), High Speed Internet

Sewer

Public Sewer

Substructure

Slab

Other Exterior Features

Balcony

Elementary School

Warrington Elementary

Middle School

WARRINGTON

High School

Pensacola

Sales Price

$1,500,000

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

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for your interest in 216 Broadmoor Ln, Pensacola, FL 32507

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