50 Fulton Ave - Apartments FOR SALE


Pensacola, FL 32503- Ferry Pass
$680,000 USD
850-549-8869
50 Fulton Ave, Pensacola, FL for Sale
$680,000 USD
Apartments - FOR SALE
1/15
null | 9% Cap Rate

50 Fulton Ave
Pensacola, FL 32503
Ferry Pass


OVERVIEW

Brand-New Quadplex in the Heart of Pensacola – Prime Investment Opportunity! PROJECTED CAP RATE 9% Now is your chance to secure a high-performing asset in one of Florida’s fastest-growing markets. This brand-new quadplex is an investor’s dream — turnkey, thoughtfully designed, and strategically located in the heart of Pensacola, FL. Each of the four units offers 2 bedrooms and 1 full bath under 1,000 sq ft, ideal for attracting a wide range of long-term tenants — from military personnel stationed nearby, to young professionals, retirees, and working families seeking quality, affordable living in a thriving area. This project is surrounded by fully leased multifamily properties, proving strong rental demand and high occupancy in the neighborhood. With Pensacola’s steady population growth, low vacancy rates, and booming rental market, this asset is poised to generate immediate cash flow and deliver solid returns for years to come. Highlights include: 100% new construction – low maintenance, high appeal State-of-art sprinkler system great for peace of mind and insurance cost Centrally located with quick access to downtown, military bases, hospitals, and major employers Strong rental comps in a neighborhood of similar, fully occupied multifamily homes Perfect for 1031 exchange, portfolio expansion, or a first-time multifamily investor Don’t miss the chance to own a brand-new, cash-flowing property in one of the Gulf Coast’s most sought-after cities. Schedule your walk-through today and get in before completion!

FOR SALE DETAILS

PRICE

$680,000 USD

PRICE/SF

$57 USD /SF

# OF UNITS

3

PRICE/UNIT

$226,667

CAP RATE

9%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

PARKING SPACES

60

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

HDMU

APN/PARCEL ID

27-1S-30-1201-014-002

ASK ABOUT THIS PROPERTY

Kevin FoxOlde City Realty LLCMore Info
850-549-8869

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Kevin FoxOlde City Realty LLCMore Info
850-549-8869

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.