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Kalab Hoover

kalab.hoover@engelvoelkers.com +1(850) 748-3170

Listed by Derek Sharron • Real Broker, LLC

$ 144,500

Est. payment -/mo

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Price Dropped by $5K

8140 Lillian Hwy Pensacola, FL 32506

3 Beds

2.5 Baths

1,276 SqFt

UPDATED:

Key Details

Property Type Townhouse

Sub Type Res Attached

Listing Status Active

Purchase Type For Sale

Square Footage 1,276 sqft

Price per Sqft $113

Subdivision Esconditas Place

MLS Listing ID 680343

Style Traditional

Bedrooms 3

Full Baths 2

Half Baths 1

HOA Y/N No

Year Built 1973

Lot Size 2,613 Sqft

Acres 0.06

Property Sub-Type Res Attached

Source Pensacola MLS

Property Description

Nearly $35,000 in Improvements — Without a $35,000 Price Increase Take a look at what the seller paid for this Pensacola townhome in 2022, then consider that nearly $35,000 has been invested into the property since. With the home now offered at just $149,500, the next owner is getting the benefit of those improvements without paying anywhere close to their full cost. This 3-bedroom, 2.5-bath townhome is an affordable opportunity for a first-time homebuyer or a strong addition to an investor's rental portfolio. It was previously producing approximately $700 per month in cash flow, offering proven income potential for its next owner. Inside, the main level features tile flooring, an open living area, and sliding glass doors leading to a private back patio. The updated kitchen includes stainless steel appliances, a tile backsplash, and a pass-through bar that keeps the kitchen connected to the living space. Upstairs, wood-look flooring runs throughout the bedrooms, including a spacious primary suite with its own private bathroom. More importantly, several of the expensive projects buyers typically worry about have already been handled. The roof and HVAC are approximately three years old, while the water heater is around two years old. The property also includes a one-car covered garage and a convenient West Pensacola location near shopping, restaurants, military bases, and everyday essentials. For a first-time buyer, it offers an affordable path into homeownership with major improvements already completed. For an investor, it offers a move-in-ready property with established rental history and attractive income potential. The seller has already spent the money. The next owner gets the upgrades.

Location

State FL

County Escambia - Fl

Zoning Res Single

Rooms

Dining Room Breakfast Bar, Living/Dining Combo

Kitchen Updated, Laminate Counters

Interior

Interior Features Baseboards, Ceiling Fan(s), High Speed Internet, Recessed Lighting

Heating Central

Cooling Central Air, Ceiling Fan(s)

Flooring Tile

Appliance Electric Water Heater, Refrigerator

Exterior

Parking Features Garage, Front Entrance

Garage Spaces 1.0

Fence Back Yard, Privacy

Pool None

Utilities Available Cable Available

View Y/N No

Roof Type Flat

Total Parking Spaces 1

Garage Yes

Building

Lot Description Central Access

Faces Blue Angel south to Lillian Hwy turn left, opposite the side of CVS and just before Fairfield.

Story 2

Water Public

Structure Type Frame

New Construction No

Others

Tax ID 122S313000000039

Security Features Smoke Detector(s)

NEARBY SCHOOLS & PROPERTIES

Kalab Hoover

Broker Associate | License ID: BK3409665

+1(850) 748-3170

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