8 months on rocket

5931 Grotto Ave, Pensacola, FL, 32507

$799,500

0.50 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential Lot
WaterfrontIntracoastal Waterway
ViewIntracoastal Waterway
MLS #350325
Lot Size0.50 Acres
StatusActive

About 5931 Grotto Ave

Rare opportunity available with this high and dry, southern exposure, deep water, Intercoastal front lot tucked away amongst the mature trees at the end of a cul-de-sac on coveted Innerarity Point. Build your forever home or take advantage of the existing framed and dried-in structure (high ceiling living area, 3 bedrooms, impact windows, stand-up attic, plumbed). White sandy beach, detached 2-car garage, possible ability to carve off an interior lot. So many options to live the salt life!

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, Few Trees, Waterfront
  • Lot Size: 0.50 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 from Perdido Key, left at light (at Publix), down about 1.7 miles, left on Grotto.

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,500

Tax Information:

  • Annual Amount: $2,757
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$424.3K

Med. Price/SqFt

$245

Avg. Days On Market

60

# of Sold Homes

33

5931 Grotto Ave vs Pensacola

260 DAYS ON ROCKET

+200 Days

$799,500

+$375.1K More

KEY TAKEAWAY

This property is $375.1K 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: #350325

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: 5/2/2024, 12:15:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,757$193,251
2019$2,700$193,251
2018$2,637$193,251

History based on county public records data.

Payment Calculator

$4,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,463

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-4778860
8
/10
  • Hellen Caro Elementary School

  • 12551 Meadson Rd

  • 3.65 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4778861
2
/10
  • Jim C. Bailey Middle School

  • 4110 Bauer Rd

  • 3.83 miles

  • Public District Grades 6-8

High School

school-card-donut-4778862
2
/10
  • Escambia High School

  • 1310 N 65th Ave

  • 12.21 miles

  • Public District Grades 9-12

school-card-donut-4778863
7
/10
  • Escambia Virtual Academy Franchise

  • 30 E Texar Dr

  • 16.75 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. Most families are 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 5931 Grotto Ave

What is the listing price of this property?

The listing price of 5931 Grotto Ave property is $799,500.

What type of property is this?

The property 5931 Grotto Ave is land located in Pensacola, Florida, 32507.

Is this property for sale now?

Active Listing: 5931 Grotto Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5931 Grotto Ave 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 $2,757 (source: MLS/based on county public records data).

How much acreage is this property?

The property 5931 Grotto Ave is 0.50 acres.
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Rocket HomesFloridaEscambia CountyPensacola325075931 Grotto Ave

This home is located at 5931 Grotto Ave in Pensacola, FL and zip code 32507 in the Perdido Bay neighborhood. This home sits on a 0.50 acre lot. It has been listed on Rocket Homes since August 16, 2023 and is currently priced at $799,500.

In April 2024, from all listings sold in Pensacola, FL there were more than 0 sold above asking price, over 23 sold below and more than 6 were sold right at the asked price. Between March 2024 and April 2024, Pensacola, FL real estate market has seen increase in the number of listings by 9.2%. In April 2024, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $424,375.

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

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