Homes for sale - 513 Waycross Ave, Pensacola, FL 32507

Key Details

Property Type Manufactured Home

Sub Type MANUFACTURED/MOBILE

Listing Status Active

Purchase Type For Sale

Square Footage 750 sqft

Price per Sqft $660

Subdivision Beyreuth

MLS Listing ID 664400

Style Traditional

Bedrooms 14

Full Baths 7

HOA Y/N No

Year Built 1964

Lot Size 1.390 Acres

Acres 1.39

Property Sub-Type MANUFACTURED/MOBILE

Source Pensacola MLS

Property Description

Investment Opportunity!!! A value-add mobile home park with 11 mobiile home/rv sites that's in a strong growth corridor of Pensacola, Florida, just 9 miles from Perdido Key Beach and minutes from downtown.This park offers immediate cash flow through lot rents and significant upside through expansion and redevelopment. It's located just off Gulf Beach Highway, surrounded by newer brick homes and ongoing growth, making it a rare and promising opportunity for the right investor. There's potential to introduce tiny homes on new lots for even greater long-term ROI and rental demand. Leases are all month to month. Grab this one before it's gone! Investment Snapshot Total Lots: 11 (9 currently rented) Gross Annual Income (Current): $54,000 Operating Expenses: $8,880 Net Operating Income (NOI): $45,120 Cap Rate (Current): 9.22% Cap Rate (Full Occupancy): 11.54% Lot Rent Basis: $500/month (tenant-owned homes) Purchase Price: $495,000 Seller Financing: Not available Land Size: 1.39 acres All information provided, including but not limited to square footage, lot size, property boundaries, and county records, is deemed reliable but is not guaranteed and should be independently verified. Buyers are advised to conduct their own due diligence, including verifying measurements, zoning, permitting, and any other information with the appropriate county or municipal authorities before making a purchase decision.

Location

State FL

County Escambia - Fl

Zoning Mobile Homes

Rooms

Dining Room Eat-in Kitchen,Kitchen/Dining Combo

Kitchen Not Updated

Interior

Heating Heat Pump,Central,Natural Gas,Wall/Window Unit(s)

Cooling Multi Units,Central Air,Ceiling Fan(s)

Flooring Vinyl,Carpet

Appliance Electric Water Heater

Exterior

Parking Features 2 Space/Unit

Pool None

View Y/N No

Roof Type Metal

Garage No

Building

Faces Head South on S Fairfield to Gulf Beach Hwy 292 then turn right and head west to Waycross Ave, then turn right on Waycross Ave, travel north, pass through the intersection of Weatherstone Cir and Charlotte Ave until you get to 4th lot on your left (west side of road)

Story 1

Water Public

Structure Type Frame

New Construction No

Others

Tax ID 332S311000002026

Special Listing Condition As Is

Pets Allowed Yes