2 months on rocket

3900 W Moreno St, Pensacola, FL, 32505

$399,000

Home List Price

$4,738*

Closing Credit

12 Bedrooms
0 Baths
4,546 SqFt
$88/SqFt
Multi
Schools Nearby

Location

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3900 W Moreno St, Pensacola$399,000

Buyer Closing Credits

$4,738*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingAdditional Parking, Carport, Garage
Garage1 space
Year Built1941
HeatingCentral
CoolingCentral Air
MLS #1004676
Lot Size0.42 Acres
StatusActive

About 3900 W Moreno St

Welcome to a unique quad-plex nestled in the heart of Pensacola, Florida. This property presents a rare opportunity for investors, landlords, and handymen alike. Each of the four units in this multi-family home features three bedrooms and one bathroom, offering ample space for tenants. Properties of similar size in the area typically rent for between $1,200 and $1,400 per month, suggesting strong potential for steady rental income. This property also offers the potential for house hacking. Live in one unit while the rent from the other three covers your mortgage. It's a smart strategy for first-time investors looking to break into the real estate market. One of the unique features of this property is the possibility of fencing the entire property to create common areas. This could enhance the sense of community among tenants and add value to the property. Imagine a shared garden, playground, or even a communal barbecue area. Don't miss out on this unique opportunity, contact us today!

Property Details

Property Features

Property Information:

  • Year Built: 1941
  • Stories: 1
  • Living Area: 4,546 SqFt

Listing Office:

  • Office Name: LPT Realty LLC
  • Office Phone: (877) 366-2213
  • Listing Agent: Tony Steven Gregory

Interior Features

Interior Information:

  • Appliances: Convection Oven, Dishwasher, Disposal, Electric Cooktop, Freezer, Refrigerator

Bedroom and Bathroom Information:

  • Total Bedroom Count: 12

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Additional Parking, Carport, Garage

Lot Features

Lot Information:

  • Lot Size: 0.42 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Pensacola High School, Public District Grades 9-12
  • Escambia Virtual Academy Franchise, Public District Grades 5-12
  • Warrington Middle School, Public District Grades 6-8
  • Oakcrest Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From I-110 South toward Pensacola Beach / Pensacola 3.6 mi At Exit 4, head on the ramp right and follow signs for FL-295 2.1 mi Turn left onto N W St Raceway on the corner 0.9 mi Turn right onto W Avery St 0.7 mi Road name changes to N Green St 0.2 mi Turn left onto W Moreno St 404 ft Arrive at W Moreno St

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000
  • Price Per SqFt: $88/SqFt

Tax Information:

  • Annual Amount: $2,101
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Pensacola, FL.

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Pensacola, FL

City

Med. Sold Price

$422K

Med. Price/SqFt

$233

Avg. Days On Market

64

# of Sold Homes

31

3900 W Moreno St vs Pensacola

66 DAYS ON ROCKET

+2 Days

$399,000

-$23K Less

$88/SqFt

-$146 Less

KEY TAKEAWAY

This property is $23K less than the Median Sold Price and $146/SqFt less than other homes in Pensacola, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • MLS Number: #1004676

Listing Office:

  • Office Name: LPT Realty LLC
  • Office Phone: (877) 366-2213
  • Listing Agent: Tony Steven Gregory

IDX Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 12:50:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 24, 2004Home Sold
$108,000
May 25, 2004Home Sold
$96,000
Sep 13, 2000Home Sold
$116,328

Tax History

YEARPROP. TAXASSESSMENT
2020$2,101$117,482
2019$1,949$110,312
2018$1,926$103,315

History based on county public records data.

Payment Calculator

$2,059

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,263

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1053622
1
/10

  • Oakcrest Elementary School

  • 1820 Hollywood Ave

  • 0.29 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1053623
1
/10

  • Warrington Middle School

  • 450 S Old Corry Field Rd

  • 1.74 miles

  • Public District Grades 6-8

High School

school-card-donut-1053624
4
/10

  • Pensacola High School

  • 500 W Maxwell St

  • 2.15 miles

  • Public District Grades 9-12

school-card-donut-1053625
7
/10

  • Escambia Virtual Academy Franchise

  • 30 E Texar Dr

  • 2.62 miles

  • Public District Grades 5-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,214. Most Pensacola, FL residents have annual incomes less than $35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Escambia County›Pensacola›32505›3900 W Moreno St

This home is located at 3900 W Moreno St in Pensacola, FL and zip code 32505 in the West Pensacola neighborhood. This 4,546 square foot home, which was built in 1941, sits on a 0.42 acre lot. Features: 12 bedrooms. It has been listed on Rocket Homes since February 20, 2024 and is currently priced at $399,000.

Over 1 listings were sold over their listed price in March 2024 in Pensacola, FL. In the same period over 26 listings were sold below the listed price and 2 listings were sold for the listed price. In March 2024 in Pensacola, FL there were 15.6% more homes for sale than in February 2024. In March 2024 median list price was $422,000 and the average listing age was 64 days.

From Rocket Homes Real Estate and based on county public records data.

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