Central Bay Realty
(850) 257-5016centralbayrealestate@gmail.com
 

1224 E Strong St

Pensacola, FL 32501
$825,000
4173 sqft | 6 beds | 6 baths | #657113
For Sale

Description

This historic East Hill property had the original home, prior to additions, built in 1918. It has since transformed into a charming income property with five apartments and three rentable storage/garage spaces. Its desirable R2 zoning (residential/office) allows for multiple uses with excellent redevelopment potential (up to eight residential units). There is also potential to convert the existing garage/shed into additional living space. It is conveniently located only one block from the 12th Ave Publix and less than 2 miles from downtown Pensacola. This prime location is ideal for both short and/or long-term rentals. Each of the five units has a different floor plan. Bedroom/bath counts include: one 2/2, one 2/1, two 1/1, and one studio with vaulted ceilings. The 2/2 also includes a private fenced backyard. Interior finishes showcase various original trim and moldings, vintage doors and hardware, heart pine hardwood floors, two clawfoot tubs, high ceilings, decorative fireplaces, and a wrap-around front porch. Each apartment is individually metered for electric. Therefore, the owner covers water, sewer, trash, and an electric for both the exterior lighting and coin operated common laundry that is shared between units A-D.Unit E has a private laundry room in the unit. Additional income growth potential exists for the coin-operated laundry. Key updates enhancing the value and appeal consist of new roofs for the main structure and garage in 2021 and predominantly newer HVACs which are solely central heat and air. All plumbing and electrical systems have been completely upgraded. Unit B was completely remodeled in 2023 with new K&B cabinets, countertops, floorcovering, paint, etc. And rarely do income properties in this location offer (2) parking spaces per unit onsite. Both old world charm and functionality make this well-maintained property a uniquely attractive income opportunity - additional details are available upon request.
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  • Property Details
      • Interior:Ceiling Fan, Vaulted Ceiling(s)
      • Bedrooms:6
      • Bathrooms:6
      • Full Baths:6
      • Lot description:Corner Lot
      • Exterior materials:Fire Pit
      • Square Feet:4173
      • Property type:Multi-Family
      • Year built:1918
      • Foundation:Off Grade
      • Sewer information:Public Sewer
      • Utility source:Public
      • Utility features:Cable Available
      • Subdivision:New City Tract
      • Elementary School:Oj Semmes
      • Middle School:Workman
      • High School:Pensacola
      • County:Escambia
      • Original List Price:$799, 000
      • MLS #:657113
      • Cost:825000
      • Property subtype:Apartment
      • MLS #:657113

Location

Legal

Copyright© 2022 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. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Last Updated: . Source: PAR (FL)

Listing Courtesy
Listing Agent: Matthew Jones
Listing Office: KELLER WILLIAMS REALTY GULF COAST

Central Bay Realty and Property ManagementReal Estate Group
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10.0%

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6.0%

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Selling & Buying

About

Contact

    Account

    • Roy F Furst

      Licensed Real Estate Broker

      Central Bay Realty

      Phone: (850) 257-5016

      Email: centralbayrealestate@gmail.com
      © 2025 Central Bay Realty & Property Management. All rights reserved.
      Website built by CloseHack.

      Copyright© 2022 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. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

      Information deemed reliable but not guaranteed. The information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

      IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.