2 years on rocket

5870 Red Cedar St, Pensacola, FL, 32507

$475,000

0.30 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

WaterfrontIntracoastal Waterway
ViewIntracoastal Waterway
MLS #316524
Lot Size0.30 Acres
StatusActive

About 5870 Red Cedar St

This deep water southern exposure Intercoastal front lot on a cul-de-sac with a white sand beach is located behind the gates of Innerarity Island, and is ready for your waterfront oasis. Just minutes by boat to Alabama Pass, the Gulf of Mexico, and great restaurants and bars (FloraBama, Pirate's Cove, Hub Stacy's...). The opportunity to acquire this caliber of property has become scarce. Per neighborhood covenants- the home building setback from the water can be in-line with existing neighboring homes.

Property Details

Property Features

Listing Office:

  • Office Name: RE/MAX Gulf Properties
  • Office Phone: (850) 492-1808
  • Listing Agent: Mike Whitner

Exterior Features

Exterior Information:

  • Waterfront: Intracoastal Waterway
  • View: Intracoastal Waterway

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Waterfront
  • Lot Size: 0.30 Acres

School Info

Assigned Schools Information:

  • Escambia High School, Public District Grades 9-12
  • Escambia Virtual Academy Franchise, Public District Grades 5-12
  • Jim C. Bailey Middle School, Public District Grades 6-8
  • Hellen Caro Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: over the bridge to mainland, left at Publix (Innerarity Point Road), down thru the gate into Innerarity Island to end, left to Red Cedar.

Price Information

Listing Price Info

Price Summary:

  • List Price: $475,000

HOA Fees:

  • Amount: $120
  • Frequency: Annually

Tax Information:

  • Annual Amount: $2,681
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$422K

Med. Price/SqFt

$233

Avg. Days On Market

64

# of Sold Homes

31

5870 Red Cedar St vs Pensacola

1028 DAYS ON ROCKET

+964 Days

$475,000

+$53K More

KEY TAKEAWAY

This property is $53K more than the Median Sold Price in Pensacola, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Baldwin County
  • MLS Number: #316524

Listing Office:

  • Office Name: RE/MAX Gulf Properties
  • Office Phone: (850) 492-1808
  • Listing Agent: Mike Whitner

IDX Listing information Copyright © 2024 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/25/2024, 3:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 07, 2002Home Sold
$229,900

Tax History

YEARPROP. TAXASSESSMENT
2020$2,681$200,000
2019$2,560$175,000
2018$2,614$175,000

History based on county public records data.

Payment Calculator

$2,448

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,491

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-79026
8
/10
  • Hellen Caro Elementary School

  • 12551 Meadson Rd

  • 5.56 miles

  • Public District Grades PK-5

Middle School

school-card-donut-79027
2
/10
  • Jim C. Bailey Middle School

  • 4110 Bauer Rd

  • 5.75 miles

  • Public District Grades 6-8

High School

school-card-donut-79028
2
/10
  • Escambia High School

  • 1310 N 65th Ave

  • 13.96 miles

  • Public District Grades 9-12

school-card-donut-79029
7
/10
  • Escambia Virtual Academy Franchise

  • 30 E Texar Dr

  • 18.62 miles

  • Public District Grades 5-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,574. Residents of Pensacola, FL typically earn between $35k-100k each year. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5870 Red Cedar St

What is the listing price of this property?

The listing price of 5870 Red Cedar St property is $475,000.

What type of property is this?

The property 5870 Red Cedar St is land located in Pensacola, Florida, 32507.

Is this property for sale now?

Active Listing: 5870 Red Cedar St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5870 Red Cedar St are:
Hellen Caro Elementary School: GreatSchools Rating 8/10
Jim C. Bailey Middle School: GreatSchools Rating 2/10
Escambia High School: GreatSchools Rating 2/10
Escambia Virtual Academy Franchise: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,681 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 7, 2002 for $229,900. (source: MLS/tax record).

How much acreage is this property?

The property 5870 Red Cedar St is 0.30 acres.
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Rocket HomesFloridaEscambia CountyPensacola325075870 Red Cedar St

This home is located at 5870 Red Cedar St in Pensacola, FL and zip code 32507 in the Perdido Bay neighborhood. This home sits on a 0.30 acre lot. It has been listed on Rocket Homes since July 02, 2021 and is currently priced at $475,000.

In March 2024 more than 1 listings in Pensacola, FL were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 26 were sold below. Between February 2024 and March 2024, Pensacola, FL real estate market has seen increase in the number of listings by 15.6%. 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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