$309,000

515 N M St, Pensacola, FL 32501

3 beds |
2 baths |
1,128 sqft

Single-Family Home
Built in 2007
3,629sqft lot
1 car garage
$274/sqft
Listed 1 month ago

Property Description

This ADORABLE downtown 3 bed/2bath home is AFFORDABLE and TURN KEY! Currently used as a successful short-term rental with strong income potential, this home is move-in ready for a new homeowner or future Airbnb host. Built in 2007, it has been thoughtfully updated with luxury vinyl plank flooring throughout, upgraded ceiling fans, a counter-depth refrigerator, and a beautifully remodeled kitchen featuring granite countertops. The home includes a one-car garage for convenience and a covered back patio that creates a comfortable outdoor living space. Major systems have been recently replaced, including a new HVAC in 2023 and a roof in 2021. Warm, neutral floors tie the interior together, making this property both stylish and low-maintenance. Rental Income Consistently Averages $24k/yr - (There is not a sign in the yard).

Listing Status:: Active
Date Added:: February 1, 2026
Data Last Updated:: March 5, 2026 at 5:07PM
Listing Office:: Engel & Volkers Pensacola : 850-820-8880
Listing Agent:: Simone Sands : 850-293-2292
MLS ID:: 676968

General: Baseboards
Appliances: Electric Water Heater
Flooring: Laminate
A/C: Central AirCeiling Fan(s)
Heating: Central

Style: Cottage
Pool: None
Parking: Garage

Roofing: Shingle
General: Frame1Slab

Road/Access: Paved
HOA Amenities: Annually
Originating MLS: Pensacola MLS
County: Escambia - Fl

Zoning: 000S009060016123
Fencing: Privacy

Utilities: Circuit BreakersCopper Wiring
Water: Public
Sewer: Public Sewer

Source: Pensacola MLS

This listing courtesy of Simone Sands , Engel & Volkers Pensacola

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Global Learning Academy

100 N P St, Pensacola, FL, 32505

Grades PK-5

0.32 miles away

Warrington Middle School

450 S Old Corry Field Rd, Pensacola, FL, 32507

Grades 6-8

2.21 miles away

Pensacola High School

500 W Maxwell St, Pensacola, FL, 32501

Grades 9-12

1.43 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.