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$285,000

Beds
2
Baths
1.0
sq ft
1,012

112 N G St, Pensacola, FL 32502

112 N G St

Pensacola, FL 32502

  • <1 day on market
    • Price drop $4,000↓
Welcome to this beautifully restored 1941 bungalow, ideally situated a mile from Palafox Street, the heart of downtown Pensacola. This 2 bed, 1 bath, 1012 sq. ft. home comes fully furnished and professionally decorated. The property is currently used as an Airbnb, offering immediate income potential for investors or buyers. The interior décor enhances the historic character of the home while providing all the modern amenities you need. Renovations were done tastefully, preserving the hardwood floors, as well as some original kitchen cabinetry, doors, hardware, and shiplap walls. Modern upgrades include newer appliances, windows, smart A/C thermostat, light fixtures, ceiling fans, tile flooring in the bathroom and kitchen, and new electrical wiring throughout. The bonus room in the back is mainly used as a dining room but could be turned into a game room, office space, storage, or another living area. Host gatherings outside in your fully fenced in backyard with bistro lights hung from a covered patio and rock landscaping all around for easy yard maintenance. The detached workshop will work great for extra storage and has potential for the power to be reconnected. The front porch faces Legion Field, a large park, that's pet-friendly, complete with a splash pad, playground, walking path, and sports field. Pensacola Beach is just under 20 minutes from this location! 2023 HVAC, 2017 roof, and electrical rewiring done in 2021. Don't miss out on your chance to own this amazing property! Call me today to schedule your private viewing!

Details

Property type

Single Family Residence

Est. home value

$208,807

Lot size

5,662.8 sq ft

Price per sq ft

$282

Year built

1941

HOA

No

Price History

01/29/2025
Pensacola

Pensacola #658209

Price change
$285,000
-1.38%
01/29/2025
Pensacola

Pensacola #658209

Listed
$289,000
+207.12%
04/29/2016
Pensacola

Pensacola #496153

Sold
$94,100

Schools & Community

Neighborhood: 

Sunny Ridge

Elementary school: 

Global Learning Academy

Middle school: 

Warrington

High school: 

Pensacola

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$104,003
Asking price
$285,000
Closing costs (~8% of asking)
-$22,800
Est. remaining loan balance
-$158,197
Cash to seller
$104,003

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Navy Fcu

Loan start date

July 2020

Original loan amount

$175,000

Est. remaining balance

$158,197

Interest rate

3.21%

Loan type

New Conventional, 30 year

Seller

Lisa Morgan and Caleb Despres

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/30/2025 at 1:55 PM

Listing updated: 01/30/2025 at 1:20 PM

Listed by: Marie Gwynn, Coldwell Banker Realty Phone #: (850) 432-5300

MLS: Pensacola #658209

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