513 Waycross Ave

Pensacola, FL 32507

  • 14 Bed(s)
  • 7 Bath(s)
  • 750 Sqft
  • 1.39
    Acres(Lot)
$495,000

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.

  • Property Type

    Residential
  • Subdivision

    Beyreuth
  • County

    Escambia - Fl
  • Style

    Traditional
  • AD ID

    49749867

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Property Details

  • Bedroom Information
    • Bedroom Dimensions: 11x11
    Bathroom Information
    • Total Baths: 7
    • Full Baths: 7
    Kitchen Information
    • Dining Room Remarks: Eat-in Kitchen, Kitchen/Dining Combo
    • Kitchen Room Remarks: Not Updated

    Interior Features

    • Roof: Metal

    Roofing Information

    • Metal

    Flooring Information

    • Vinyl, Carpet

    Heating & Cooling

    • Heating: Heat Pump, Central, Natural Gas, Wall/Window Unit(s)
    • Cooling: Multi Units, Central Air, Ceiling Fan(s)
  • Building Information

    • Year Built: 1964
    • Construction: Frame

    Pool Information

    • None
  • Lot Information

    • Stories: 1
    • Main Square Feet: 1.39

    Property Information

    • SQ ft (Living Area): 750
    • Subdivision: Beyreuth
  • Listing Price Information

    • Original List Price: $495000
  • Tax Information

    • Parcel Number: 332S311000002026
  • School Information

    • Elementary School: Pleasant Grove
    • Junior High School: BAILEY
    • Senior High School: Escambia

    Location Information

    • Direction: 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)
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Copyright © 2025 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

BuyOwner last updated this listing 05/24/2025 @ 11:01

  • MLS: 664400
  • LISTING PROVIDED COURTESY OF: Doug Hodkins, KELLER WILLIAMS REALTY GULF COAST
  • SOURCE: Pensacola MLS

is a Home, with 14 bedrooms which is for sale, it has 750 sqft, 1 sized lot, and 0 parking. are nearby neighborhoods.