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$349,900

Beds
3
Baths
2.0
sq ft
1,488

1918 Dr Martin Luther King Jr Dr, Pensacola, FL 32503

1918 Dr Martin Luther King Jr Dr

Pensacola, FL 32503

  • 95 days on market
    • Price drop $4,100↓
NEW BUILD! Don't miss this great opportunity to purchase this home and take advantage of 100% financing up to $350,000 with no mortgage insurance and up to $5,000.00 Lender credit (must be primary residence and must be approved). Hurry!! Welcome to a quality new construction property that artfully blends southern charm with modern elegance, centrally located near Downtown Pensacola. With 3 bedrooms, 2 bathrooms, and 1,488 square feet of well designed living space, this home is truly a dream come true. Inside the open-concept dining and kitchen area offers an ideal setting for family meals. The kitchen features custom wood cabinets, a large island, and natural stone countertops "Quartz", with Frigidaire appliances. The luxury plank vinyl flooring flows seamlessly throughout the home. The master suite is located on the back of the home and includes a master bath w large walk in shower and a large walk-in closet. Abundant natural light streams in through the large windows, and LED recessed lights provide additional illumination. Gas tankless water heater with a recirculating pump and the highest efficiency offered. The windows and doors are all High Impact glass. The lawn is sodded with drout tolerant Centipede grass. The photos with the staging items are from another house with the exact same floor plan that sold in 2023. The photos were attached to get a better idea of what the rooms could look like. The furniture does not come with the house.

Details

Property type

Single Family Residence

Est. home value

$50,194

Property condition

New Construction

Lot size

3,920.4 sq ft

Price per sq ft

$236

Year built

2024

HOA

No

Price History

10/30/2024
Pensacola

Pensacola #649720

Price change
$349,900
-1.16%
09/26/2024
Pensacola

Pensacola #649720

Price change
$354,000
-4.07%
08/19/2024
Pensacola

Pensacola #649720

Listed
$369,000
+645.45%

Schools & Community

Neighborhood: 

East Downtown

Elementary school: 

Global Learning Academy

Middle school: 

Workman

High school: 

Pensacola

Seller’s Loan History

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

Lender

Centennial Bank

Loan start date

January 2024

Original loan amount

$495,500

Est. remaining balance

Not provided

Interest rate

7.22%

Loan type

Building or Construction Loan, 1 year

Seller

Bpp Land Developers Of Pensacola Llc

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?

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Status: Active

Tomo last checked: 11/23/2024 at 10:40 AM

Listing updated: 10/29/2024 at 10:55 PM

Listed by: Jenni Buckley, Home Town Realty Partners, LLC Phone #: (850) 982-5423

MLS: Pensacola #649720

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