Investors and visionaries, take note of this exceptional opportunity in one of Pensacola's most active growth corridors. Priced specifically for the savvy investor, this property serves as a perfect canvas for a high-yield project. The neighborhood's transformation is evident, with extensive redevelopment and new construction occurring directly on Cherry Ave and the surrounding blocks; signaling a strong upward trend in local property values. The home sits on a generous lot, offering the versatility needed for a modern renovation or a strategic buy-and-hold. A standout feature is the unique flex area that previously served as a bedroom. With its own exterior door providing direct access to the front porch, this bonus space is easily converted back into a bedroom, home office, or guest suite with private access. The location ensures high demand, providing quick access to the I-10 interchange, Nine Mile Road, and major employers like Navy Federal Credit Union in Beulah, International Paper in Cantonment, Ascend, and the new Baptist Hospital. Whether you are looking to capitalize on area momentum with a flip or add a reliable asset to your rental portfolio, the potential here is undeniable. Secure this property in the path of progress at an attractive price point before the next wave of revitalization is complete.
Listed By
Agency Name: KELLER WILLIAMS REALTY GULF COAST
Agency Phone: 850-471-5000
Shown By
Agent Name: Debbie Delaware
Agent Phone: (850) 582-6043
Agency Title: The Realty Vault
Estimated Payment
$ 327.24 per month $289.32 Principal & Interest $0.00 Property Tax (data not provided by mls) $37.92 Homeowner's Insurance
8511 Cherry Ave | MLS# 681305
This single family home located at 8511 Cherry Ave, Pensacola, FL 32534 is currently listed for sale with an asking price of $130,000. This property was built in 1958 and has 3 bedrooms and 1 full baths with 1368 sq. ft. Search Pensacola real estate on ddelaware.therealtyvault.com today.