See Home Value
$540,000 - $658,000
House - Off Market

211 W Cervantes

Pensacola, FL 32501
bedrooms
10 Beds
bathrooms
9 Baths
square feet
6507 Sqft
Sold Jan 08, 2020
$250,000
$860,000 by Financial Services Llc
Mortgage Due Jan 08, 2050
Sold Jan 29, 2015
$86,000

About This Property

Fabulous opportunity for investors in North Hill! Prime location - Great visibility on Cervantes. This property boasts 6,000+ sq ft, 15 parking spaces in the back with easy access.   Located within the Preservation District. Zoned PC-1. Potential to change to commercial for use as offices, studio, bed and breakfast, the possibilities are unlimited!  An absolute historic treasure of Downtown Pensacola. Prime location with great income producing potential. Multi-family with current floorplan supporting large apartments. Driveways on both sides access large parking area in back. Some walls have been started and some upgrades to the electrical and plumbing have been started.  This would be a great property for an array of offices and living space.  Call about this one today!

The manager has listed the unit size as 6507 square feet.
Unit Size
6,507Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$92
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1908

Price History

Date / Event Date Event Price
Feb 3, 2024 No longer available -
No longer available
Dec 22, 2023 Listed $599,000
Listed
Dec 10, 2023 No longer available -
No longer available
Sep 17, 2023 No longer available -
No longer available
Jul 6, 2023 Price Decreased $650,000
↓ $49K (7%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1908
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 9
  • Full Bathrooms: 8
  • Partial Bathrooms: 9
  • Bathroom Plumbing Fixtures: 26
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Multifamily
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 4
  • Business/Commerical Units Count: 4
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,087
  • Total Building Area: 6,557
  • Gross Building Area: 6,557
  • Building Area: 6,557
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 6,557
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BELMONT TRACT
  • Land Acres: 0.323
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: E 24 FT 8 IN OF LT 11 ALL LT 12 AND W 44 FT 8 IN OF LT 13 LESS CASE NO 67-2146 FOR STATE RD 10A R/W & W 44 FT 8 IN OF LTS 14 TO 17 BLK 30 BELMONT TRACT CA 94 OR 8227 P 1574

Ownership

  • Current Owner : FIXING UP FLORIDA LLC
  • Previous Owner : CERVANTES STREET LLC
  • Owner Before Previous Owner: THE BANK OF NEW YORK MELLON
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Escambia County School District
  • Census Tract: 000100

Zoning

  • Zoning: PC-1

Geography

  • Assessors Map Reference: CA094
  • Account Number: 131219000
  • Parcel: 00-0S-00-9010-110-030
  • Block: 30
  • Lot: 110
  • Municipality: CITY OF PENSACOLA
  • Latitude: 30.4206
  • Longitude: -87.2206

    Address

  • Full Address: 211 W Cervantes St
  • Address - House Number: 211
  • Street Direction: W
  • Address - Street Name: Cervantes
  • Address - Suffix Type: St
  • State: FL
  • City Name: Pensacola
  • Carrier Code: C016
  • 4-Digit Zip Code: 3167
  • Zip Code: 32501

Valuation

    Tax

  • Total Area: 6,557
  • Tax Year: 2022
  • Tax Amount: $1,964
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: X

    Appraisal Valuation

  • Standard Deviation: 0.4868
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 2
  • Final Value: 112,000
  • High Value: 166,529
  • Low Value: 57,470

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $860,000
  • First Open Lien Mortgage Lender: FINANCIAL SERVICES LLC
  • First Open Lien Mortgage Recording Date: Jan 08, 2020
  • First Open Lien Mortgage Loan Amount: $860,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jan 08, 2050

    Market Valuation

  • Market Total Value: $98,602
  • Market Land Value: $98,602

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $98,602
  • Assessed Land Value: $98,602

    Sales

  • Current Sale Contract Date: Jan 06, 2020
  • Current Sale Recording Date: Jan 08, 2020
  • Current Sale Transaction ID: 11715522430
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020001852
  • Previous Sale Recording Date: Jan 29, 2015
  • Previous Sale Contract Date: Jan 22, 2015
  • Previous Sale Amount: $86,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCIAL SERVICES LLC
  • First Mortgage Transaction Date: Jan 08, 2020
  • First Mortgage Loan Amount: $860,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
3 Baths
3,893 ft²
$167/ft²
$649,000 Oct 27, 2023
-
-
House
4 Beds
1.5 Baths
2,906 ft²
$172/ft²
$499,900 Jul 12, 2023
-
-
House
4 Beds
4 Baths
2,561 ft²
$269/ft²
$689,000 Jun 14, 2023
-
$50/mo
House
4 Beds
1 Bath
2,400 ft²
$281/ft²
$675,000 Jul 24, 2023
-
-
House
4 Beds
5 Baths
2,032 ft²
$308/ft²
$625,000 Sep 18, 2023
-
-
House
3 Beds
3 Baths
1,451 ft²
$392/ft²
$569,000 Dec 12, 2023
-
-
Multifamily
Stu
3 Baths
3,893 ft²
$167/ft²
$649,000 Sep 22, 2023
-
-
Multifamily
Stu
-
-
$569,000 Nov 26, 2023
-
-

About Downtown Pensacola


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Frequently Asked Questions

When was property at 211 West Cervantes Street built and last sold?
The property at 211 West Cervantes Street was built in 1908 and last sold on Jan 6, 2020 for $250,000.
How much is this home worth?
The estimated value of the home located at 211 West Cervantes Street is $604,990.
What are some comparable homes to 211 West Cervantes Street?
Homes that are comparable to 211 West Cervantes Street include a multifamily property at 1606 North Baylen Street, a house property at 106 West Cervantes Street, 615 East La Rua Street.

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