SOLID OCCUPANCY HISTORY I Multifamily | 8 Units | $225,000/unit Presenting a unique portfolio of income-producing cottages zoned C-3 in the sought-after Sanders Beach neighborhood minutes from Downtown Pensacola and the waterfront. Comprising four parcels and eight residences, this offering blends charm with investment potential. Suitable for long-term rentals, short-term stays, or redevelopment. 100% occupancy. Zoned C-3 with flexible redevelopment potential. Excellent visibility, walkability, and access to key city destinations. Listed at $1,800,000 with a 6.13% CAP Rate and NOI of $110,381.68 C-3 Zoning – Unlocks future development potential in a high-demand urban infill zone Proximity to Sanders Beach – Walking distance to waterfront, marina, and Downtown Positive Cash Flow – Stabilized in 2025 with increasing income trends 8 Historic Cottages – Ideal for long-term rental, vacation rental portfolio, or future redevelopment Fully Leased – Turnkey with consistent occupancy Infill Opportunity – Centrally located with government buildings, museums, and infrastructure nearby Nestled along the shores of Pensacola Bay, Sanders Beach is a historic, waterfront neighborhood that offers both charm and convenience. Located just across from the Pensacola Yacht Club—home to over 600 sailing and boating enthusiaststhis community embodies a coastal lifestyle rich with recreation and relaxation. Downtown Pensacola Market Overview Located just minutes from the subject property, Downtown Pensacola is a vibrant hub of commerce, culture, and coastal charm. Anchored by Palafox Street—ranked one of the 'Great Streets in America'—the district draws residents, tourists, and professionals alike with its award-winning restaurants, boutique shopping, performing arts, and waterfront events.