tomo logo

$725,000

Beds
5
Baths
4.0
sq ft
2,568

808 S I St, Pensacola, FL 32502

808 S I St

Pensacola, FL 32502

  • <1 day on market
Located in a rapidly transforming downtown neighborhood, 808 S I Street is a rare opportunity to own a versatile property in one of Pensacola’s most sought-after areas. Sits on 3 historical lots + and one of the largest lots in downtown area. With new homes and revitalization projects happening throughout the community, this location is perfect for homeowners and investors alike. A Rare Find: Three-Car Garage with Modern Apartment Built in 2023, the 1,000 sq. ft. apartment sits above a three-car garage, a unique feature downtown. This two-bedroom, two-bathroom space includes: • Modern Finishes & Open Layout – Ideal for personal use or rental income. • Private Entry & Parking – Spacious driveway for easy access. • Income Potential – Perfect for guests, tenants, or a private retreat. Main House: A Blank Canvas with Major Upgrades The gutted main house is ready for a custom remodel, with key updates already completed: • New Roof (2021) – Storm-ready and durable. • Updated HVAC (2021) – Modern efficiency and comfort. • Upgraded Electrical Panel (2021) – Supports today’s smart home needs. Recent Enhancements & Growing Neighborhood This property has undergone major upgrades in 2023, including: • New Landscaping – Fresh sod, irrigation, and outdoor lighting. • Underground Utilities – Clean, modern aesthetics. • New Fencing & Expanded Driveway – Privacy, security, and ample parking. With new homes and revitalization happening throughout the area, now is the time to invest! Prime Location Near Top Attractions • Future Sanders Beach Park – A new waterfront park in development. • Bruce Beach & Corinne Jones Boardwalk – Enjoy stunning water views. • Joe Patti’s Seafood Market – A Pensacola landmark, just minutes away. A Unique Investment Opportunity With a turnkey modern apartment, a remodel-ready home, and a thriving neighborhood, 808 S I Street offers unmatched potential. Don’t miss out—schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$473,114

Lot size

0.3439 acres

Price per sq ft

$283

Year built

1967

HOA

No

Price History

03/13/2025
Pensacola

Pensacola #660658

Listed
$725,000
+95.95%
04/16/2021
Pensacola

Pensacola #563411

Sold
$370,000

Schools & Community

Neighborhood: 

Renz-anna Villa

Elementary school: 

Global Learning Academy

Middle school: 

Workman

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

$361,948
Asking price
$725,000
Closing costs (~8% of asking)
-$58,000
Est. remaining loan balance
-$305,052
Cash to seller
$361,948

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

Seller’s Loan History

Lender

Premier Bank

Loan start date

April 2021

Original loan amount

$333,000

Est. remaining balance

$305,052

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Israel L Reynolds and Ashley M Reynolds

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: 03/13/2025 at 3:10 PM

Listing updated: 03/13/2025 at 12:55 PM

Listed by: Sean Kramer, Levin Rinke Realty Phone #: (850) 916-5050

MLS: Pensacola #660658

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