$475,000 - 2624 W De Soto St, Pensacola

Turn-Key Multi-Family Investment Property – Income-Producing Short-Term Rentals Minutes from Downtown Pensacola! Investor’s dream! This beautifully updated, income-generating multi-family property is currently operating as a short-term rental and offers exceptional potential for continued growth. Situated on a spacious .48-acre lot, this turn-key property features three separate units, each with private gated entrances, offering flexibility and privacy for guests or tenants. Located just 2 miles from vibrant Downtown Pensacola, Sanders Beach, and the Pensacola Yacht Club, and just 3 miles from Blue Wahoo's Stadium, 6 miles from NAS Pensacola, and 10 miles to the white sands of Pensacola Beach, this property is ideally positioned for both leisure and business travelers. Property includes: Main House – 4 Bed / 2 Bath (1,473 SF): Updated with hardwood floors, tiled showers, granite countertops, stainless steel appliances, newer kitchen cabinets and vanities, modern fixtures, and a spacious indoor laundry room. Garage Apartment – 2 Bed / 1 Bath (592 SF): Located above a detached 2-car garage, this unit features luxury vinyl plank (LVP) flooring, updated kitchen and bath with new cabinetry, countertops, vanity, and fixtures. Detached Studio Cottage (Approx. 400 SF): A charming and efficient layout with LVP flooring, updated kitchen and bath, tiled shower, and fresh finishes throughout. Additional highlights include: Detached garage with potential for conversion into a fourth rental unit or rentable storage space. Shared laundry facility in the garage for the apartment and studio. Vacant corner lot next to the main house offers even more expansion or development potential. Whether you’re looking to grow your short-term rental portfolio or house hack with multiple income streams, this property offers versatility, modern upgrades, and a prime location. Don’t miss this rare investment opportunity in one of Pensacola’s fastest-growing markets!