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5820 Sanders Ave

Pensacola, FL 32504
  • $2,450,000
  • STATUS: Active
  • ON SITE: 12 Days
  • MLS #: 663489
$2,450,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Abb
Type:
Multi-Family
Built:
1972
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Sanders Apartments offers an incredible investment opportunity with all 21 units completely remodeled over the past 5 years. Major upgrades include new roofs on the two large buildings in 2022, and on the four duplexes in 2024. Additional improvements in 2024 include brand-new fencing and a freshly paved parking lot, ensuring the property looks as good as it performs. Professionally managed by a local property management company, Sanders Apartments has maintained an impressive 100% occupancy rate for the past 5 years, generating a strong gross income of $24,300 per month. This property combines modern updates, consistent income, and a prime locationtruly a can't-miss opportunity!

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© 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. Data last updated: 2025-05-12T23:54:17.017.
www.connellsellsthecoast.com/homes/163144124
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5820 Sanders Ave Pensacola, FL 32504

  • Price: $2,450,000
  • Status: Active
  • On Site: 12 Days
  • MLS #: 663489
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1972
Built
Neighborhood:
Abb
County:
Escambia
Area:
Pensacola
Elementary School:
Local School In County
Middle School:
Local School In County
High School:
Local School In County
Property Description
Sanders Apartments offers an incredible investment opportunity with all 21 units completely remodeled over the past 5 years. Major upgrades include new roofs on the two large buildings in 2022, and on the four duplexes in 2024. Additional improvements in 2024 include brand-new fencing and a freshly paved parking lot, ensuring the property looks as good as it performs. Professionally managed by a local property management company, Sanders Apartments has maintained an impressive 100% occupancy rate for the past 5 years, generating a strong gross income of $24,300 per month. This property combines modern updates, consistent income, and a prime locationtruly a can't-miss opportunity!
Exterior Features

Construction Materials Brick Exterior Features Rain Gutters Fencing Back Yard Levels OneTwo Roof Composition

Interior Features

Appliances DryerBuilt In MicrowaveRefrigerator Cooling Ceiling Fan(s)Multi Units Cooling YN Yes Heating None Heating YN No

Property Features

Building Area Total 20624 Building Name San Andres Electric Aluminum Wiring Horse YN No Lease Term 12 Months Listing Agreement Exclusive Brokerage Listing Property Sub Type Apartment Road Responsibility Road Not Maintained Sale Rent For Sale Special Listing Conditions As Is

Listing provided by homecoin.com: 888-400-2513.


© 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. Data last updated: 2025-05-12T23:54:17.017.
 
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Connell & Company Realty, Inc.
2107 Airport Blvd
Pensacola FL, 32504