David Shippey
863.521.4517

1750 N Palafox Street Pensacola Florida | Home for Sale

To schedule a showing of 1750 N Palafox Street, Pensacola, Florida, Call David Shippey at 863-521-4517 TODAY!

$1,990,000 | N/A beds | N/A full baths | N/A half baths | 63,002 sqft

$1,990,000 Reduced -$710,000
1750 N Palafox Street
Pensacola, FL 32501
  • N/ABeds
  • 0.00Total Baths
  • 0 Full, 0 HalfBaths
  • 63,002SqFt
  • 1954Year Built
  • 1.32Acres
  • MLS# OM680594
  • Commercial
  • MixedUse
  • Active

  • Approx Time on Market3 months, 9 days
  • Area99999 - Unknown
  • CountyEscambia
  • Subdivision N/A

Overview

PRICE REDUCTION. Architectural plans for this building are available upon request. With 54+ million dollars of government funding being injected into Pensacola, this investment has HUGE upside potential with little downside risk. After a full renovation, this property is projected to have an impressive cap rate that will make this a vessel for financial freedom.If this information is not enough to catch your attention, then you will want to see the expected equity increase following the rendition of the subject property. Non-represented investors are more than welcome and will be able to see the property upon request, within 24-48 hours. Interior is messy but in-tact.



Agriculture / Farm

Grazing Permits Blm:  ,No,

Grazing Permits Forest Service:  ,No,

Grazing Permits Private:  ,No,

Horse:  No

Association Fees / Info

Senior Community:  No

Association:  ,No,

Bathroom Info

Building Info

Building Area Source:  PublicRecords

Business Info

Buyer Compensation

Exterior Features

Pool Private:  No

Financial

Original Price:  $2,700,000

Garage / Parking

Open Parking:  No

Attached Garage:  No

Garage:  No

Carport:  No

Green / Env Info

Irrigation Water Rights:  ,No,

Interior Features

Fireplace:  No

Spa:  No

Lot Info

Direction Remarks:  Headed south on I4, take exit 4 for Fairfield Drive. When you reach the end of the exit ramp, make a right turn onto West Fairfield Drive. Continue along West Fairfield Drive for a little over a mile and then turn left onto North Palafox Street. Drive along North Palafox Street for about two miles, and you will find 1750 North Palafox Street on your right-hand side.

Lot Size Units:  Acres

Lot Size Acres:  1.32

Lot Sqft:  57,499

Road Frontage Type:  CityStreet

Other

Special Conditions:  None

Other Rooms Info

Basement:  No

Property Info

Habitable Residence:  ,No,

Section:  CA

Class Type:  MixedUse

Property Sub Type:  MixedUse

Property Attached:  No

New Construction:  No

Construction Materials:  Brick

Mobile Home Remains:  ,No,

Foundation:  Slab

Home Warranty:  ,No,

Human Modified:  Yes

Sqft Info

Sqft:  63,002

Bulding Area Sqft:  60,081

Living Area Units:  SquareFeet

Tax Info

Tax Year:  2,023

Tax Lot:  80

Tax Legal Description:  BEG NW COR BLK 102 EAST KING TRACT N 80 DEG 06 MIN 38 SEC E ALG S R/W LI OF AVERY ST (50 R/W) 176 FT S 09 DEG 53 MIN 08 SEC E 326 FT S 80 DEG 06 MIN 18 SEC W 176 FT N 09 DEG 53 MIN 08 SEC E ALG R/W LI 326.02 FT TO POB OR 7636 P 970

Tax Block:  102

Tax Annual Amount:  7361

Tax Book Number:  970

Unit Info

Rent Controlled:  No

Utilities / Hvac

Electric On Property:  ,No,

Cool System:  CentralAir, None

Cooling:  No

Heating:  No

Waterfront / Water

Waterfront:  No

View:  No

Directions

Headed south on I4, take exit 4 for Fairfield Drive. When you reach the end of the exit ramp, make a right turn onto West Fairfield Drive. Continue along West Fairfield Drive for a little over a mile and then turn left onto North Palafox Street. Drive along North Palafox Street for about two miles, and you will find 1750 North Palafox Street on your right-hand side.

This listing courtesy of Engel & Volkers Ocala 

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Price & Status History (on davidshippey.com since Wed, Jun 19th 2024)
  • Original Price: $2,700,000
  • Current Price: $1,990,000
  • Price Reduced: $710,000
Date ChangedFromTo
08/06/2024$2,700,000 $1,990,000 Reduced by $710,000

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If you have any questions on 1750 N Palafox Street, Pensacola, Florida, please call David Shippey at 863-521-4517.


MLS# OM680594 located at 1750 N Palafox Street, Pensacola, Florida is brought to you by David Shippey REALTOR®

1750 N Palafox Street, Pensacola, Florida has , 0 Full Bath, and 0 Half Bath.
The MLS Number for 1750 N Palafox Street, Pensacola, Florida is OM680594.
The price for 1750 N Palafox Street, Pensacola, Florida is $1,990,000.
The status of 1750 N Palafox Street, Pensacola, Florida is Active.
The subdivision of 1750 N Palafox Street, Pensacola, Florida is .
The home located at 1750 N Palafox Street, Pensacola, Florida was built in 2024.

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