1111 Polk Ave, Pensacola, FL 32507

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$262,000
List Price
$263,000
Closing Date
Mar 13, 2026
MLS#
672271
Status
SOLD
Type
Multifamily
Year Built
1980
City
Pensacola

Property Description

Brick triplex with three one bedroom units. Each unit has 638 sqft with a nicely sized kitchen open to the living room and a dining area off to the side. The bedroom has a walk-in closet. Each unit has a covered back patio and a utility room with washer/dryer hookups. There is a wide paved driveway 3 cars wide and 2 - 3 cars deep. The neighborhood has seen a lot of new construction including a couple of very nice houses directly next door. The owner just paid for a roof coating which has a no leak warranty for 5 years. There is a nature reserve a short walk away at the end of the road with a long raised walk path. The Navy Point water front area and boat ramp are only a few minutes drive away. All three units are currently rented. All three units are under leases ending 03/31/2026, 05/31/26, 12/31/26. One of the units has been freshly renovated and rents for $995/month. The other two units rent for $875/month. These could easily be raised to the $995/month amount but would require some cosmetic upgrades. The water, sewer, & trash is currently paid by the owner. Utilities averaged $244/month for all three units total in 2024. The owner also provides lawncare which averaged $73/month for 2024.The interior pictures are from the $995 newly painted etc unit. Please do not disturb tenants. All showings are with appointment only with at least 24 hours notice. More notice may be required to arrange the showing of all three units.

Additional Information

High School
Escambia
Living Area
638
Lot Description
Central Access
Cooling
Central Air
Heating
Central
Waterfront Type
None
Waterfront Description
None
Roof
Shingle
Pool Description
None
Parking
Driveway
Elementary School
Navy Point
Middle School
BAILEY
High School
Escambia
Financing
Other

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of First Town Properties LLC. Selling Office: PAR Outside Area Listing Office.

Copyright© 2016 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.