Investor Opportunity – Three Homes on One Parcel with HDMU Zoning! Rare chance to own three separate single-family residences situated on one county parcel zoned HDMU, all with established tenants in place. Metal roofs are only 5 years old & HVAC units all updated in 2024. Unit 1 (Front Home) 3 bedrooms | 1 full bath | 1,144 sq ft | Currently rented for $850/month. Unit 2 (Rear Left) 2 bedrooms | 1 full bath | 866 sq ft | Currently rented for $600/month. Unit 3 (Rear Right) 2 bedrooms | 1 full bath | 840 sq ft | Currently rented for $700/month. Total current monthly rental income: $2,150. All tenants are on month to month leases. The shaded lot sits across from a holding pond, offering a pleasant setting with mature trees. Approximate floor plans and are attached.
Contingent
Price cut: $10K (2/22)
$289,000
4108 Kelly Ave, Pensacola, FL 32505
--beds
1,536sqft
Est.:
MultiFamily
Built in 1954
-- sqft lot
$-- Zestimate®
$188/sqft
$-- HOA
What's special
Shaded lot
- 53 days |
- 200 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: March 19, 2026 at 09:11am
Listed by:
Tonya Zimmern 850-293-9959,
Levin Rinke Realty,
Kelley Smith 850-698-4902,
Levin Rinke Realty
Source: PAR,MLS#: 677620
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Central
Appliances
- Included: Electric Water Heater
- Laundry: Inside
Features
- Flooring: Vinyl, Carpet
- Has basement: No
Interior area
- Total structure area: 2,752
- Total interior livable area: 1,536 sqft
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Features: Central Access
Details
- Parcel number: 092s301400200002
- Zoning description: Res Multi
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Foundation: Off Grade, Slab
- Roof: Composition,Metal
Condition
- Resale
- New construction: No
- Year built: 1954
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Septic Tank
Community & HOA
Community
- Subdivision: None
Location
- Region: Pensacola
Financial & listing details
- Price per square foot: $188/sqft
- Tax assessed value: $188,124
- Annual tax amount: $2,639
- Price range: $289K - $289K
- Date on market: 2/13/2026
- Cumulative days on market: 53 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/19/2026 | Contingent | $289,000$188/sqft |
Source: | ||
| 2/22/2026 | Price change | $289,000-3.3%$188/sqft |
Source: | ||
| 2/13/2026 | Listed for sale | $299,000-6.6%$195/sqft |
Source: | ||
| 10/27/2025 | Listing removed | $319,990$208/sqft |
Source: | ||
| 7/2/2025 | Listed for sale | $319,990+481.8%$208/sqft |
Source: | ||
| 1/20/2015 | Sold | $55,000$36/sqft |
Source: Public Record Report a problem | ||
| 5/23/2014 | Price change | $55,000-15.4%$36/sqft |
Source: Global United Properties, LLC #432932 Report a problem | ||
| 1/23/2014 | Price change | $65,000-18.8%$42/sqft |
Source: Global United Properties, LLC #432932 Report a problem | ||
| 9/28/2012 | Listed for sale | $80,000-19.9%$52/sqft |
Source: Global United Properties, LLC #432932 Report a problem | ||
| 2/18/2012 | Listing removed | $500 |
Source: Global United Properties, LLC #418837 Report a problem | ||
| 12/10/2011 | Price change | $500-9.1% |
Source: Global United Properties, LLC #418837 Report a problem | ||
| 12/8/2011 | Listed for rent | $550 |
Source: Global United Properties, LLC #418837 Report a problem | ||
| 12/8/2011 | Listing removed | $99,900$65/sqft |
Source: Global United Properties, LLC #379483 Report a problem | ||
| 5/22/2011 | Price change | $99,900-37.5%$65/sqft |
Source: Global United Properties, LLC #379483 Report a problem | ||
| 12/26/2010 | Price change | $159,900-3.1%$104/sqft |
Source: Global United Properties, LLC #379483 Report a problem | ||
| 4/25/2010 | Price change | $165,000-17.5%$107/sqft |
Source: Global United Properties, LLC #379483 Report a problem | ||
| 11/25/2009 | Price change | $199,900+33.3%$130/sqft |
Source: Global United Properties, LLC #379483 Report a problem | ||
| 10/10/2009 | Listed for sale | $150,000-11.2%$98/sqft |
Source: TEAM SANDY BLANTON REALTY, INC #347409 Report a problem | ||
| 8/8/2009 | Listing removed | $169,000$110/sqft |
Source: Team Sandy Blanton #347409 Report a problem | ||
| 1/12/2009 | Listed for sale | $169,000+156.1%$110/sqft |
Source: Team Sandy Blanton #347409 Report a problem | ||
| 11/1/2006 | Sold | $66,000$43/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,639 +4.3% | $188,124 +5% |
| 2023 | $2,531 +8.7% | $179,192 +13.9% |
| 2022 | $2,328 +10.1% | $157,374 +25.4% |
| 2021 | $2,114 +8.9% | $125,540 +9.2% |
| 2020 | $1,942 +6.1% | $114,989 +8.6% |
| 2019 | $1,831 | $105,919 +6.9% |
| 2018 | $1,831 +3.7% | $99,084 +8.4% |
| 2017 | $1,765 +4.7% | $91,397 +27.6% |
| 2016 | $1,685 +18.7% | $71,604 -0.4% |
| 2015 | $1,419 | $71,925 +41.2% |
| 2014 | $1,419 | $50,941 -31.5% |
| 2013 | -- | $74,389 |
| 2012 | -- | $74,389 -4.2% |
| 2011 | -- | $77,680 -7.8% |
| 2010 | -- | $84,280 -15.6% |
| 2007 | -- | $99,880 -5% |
| 2006 | -- | $105,150 +26% |
| 2005 | -- | $83,460 |
| 2004 | -- | $83,460 +7.9% |
| 2003 | -- | $77,330 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,754/mo
Principal & interest
$1424
Property taxes
$330
More affordability tools
Climate risks
Neighborhood: Palafox
Nearby schools
GreatSchools rating
- 2/10C. A. Weis Elementary SchoolGrades: PK-5Distance: 1 mi
- 2/10Warrington Middle SchoolGrades: 6-8Distance: 3.9 mi
- 4/10Pensacola High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Weis
- Middle: WARRINGTON
- High: Pensacola
Source: PAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 32505
- Florida
- Escambia County
- Pensacola
- 32505
- Palafox
- 4108 Kelly Ave






