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130 E Nine Mile Rd #5-8, Pensacola, FL, 32534

8beds
4baths
3,700sqft
$606,250
$164price/sqft
$4,165/moest. monthly cost
$166,600/yrincome needed

About This Home

Discover an exceptional investment opportunity with this fully-rented four-plex in Pensacola, generating a robust monthly income of $4,435. This eight-bedroom, four-bathroom property spans 3,700 square feet and is perfectly situated in a prime location, making it an attractive prospect for savvy investors. With a durable brick exterior and a sturdy metal roof, this property is designed for low-maintenance living. The absence of carpet throughout ensures easy upkeep and longevity. Each unit is well-maintained, offering a reliable and consistent income stream. Ideal for investors looking to expand their portfolio, this four-plex combines the appeal of a great location with the security of a fully occupied rental property.

Getting Around

44
WalkingCar-Dependent
25
TransitSome Transit
51
BikeBikeable

Schools

4/10
Ferry Pass Middle SchoolGrades 6-84.4 mi
5/10

Construction

Condition

  • Property condition: Construction Complete
  • Year built: 1984

Materials

  • Roof: Metal
  • Construction materials: Brick

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Bathroom

  • Level: First
  • Dimensions: 0 x 0

Bathroom

  • Level: First
  • Dimensions: 0 x 0

Bathroom

  • Level: First
  • Dimensions: 0 x 0

Bedroom

  • Level: First
  • Dimensions: 0 x 0

Bedroom

  • Level: First
  • Dimensions: 0 x 0

Bedroom

  • Level: First
  • Dimensions: 0 x 0

Bedroom

  • Level: First
  • Dimensions: 0 x 0

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4
  • Full bathrooms: 4

Dining Area

  • Level: First
  • Dimensions: 0 x 0

Features

  • Flooring: Tile

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 3,700
  • Total interior livable area: 3,700 sqft

Kitchen

  • Level: First
  • Dimensions: 0 x 0

Living Room

  • Level: First
  • Dimensions: 0 x 0

Property

Details

  • Parcel number: 081S301003025031
  • Zoning description: Resid Multi-Family
  • Special condition: Accept Backup Offers

Features

  • Stories: 1
  • Patio & porch: Patio

Lot

  • Lot size: 0.28 Acres
  • Lot size dimensions: .28 acres

Parking

  • Parking features: Other
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Heat Wave
Tsunami

FEMA Declared Disasters in Escambia County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,065$36,780
Home Insurance *$410$4,920
Property Taxes $318$3,816
Electricity $372$4,468
Total$4,165$49,980
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$142,800/yr
40% on housing$124,950/yr
45% on housing$111,066/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.1%
14.1%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.1%
3.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$164This listing

vs Other Active Listings

Avg $/sqft

ZIP 32534$124
Escambia County$204

vs Homes Sold Last Month

Median $/sqft

ZIP 32534$157
Escambia County$168

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-10-01Listed for sale$625,000
2025-07-07Listing removed$550,000
2024-10-29Price change$550,000
2024-08-01Listed for sale$600,000
2022-04-28Sold$450,000
2022-03-09Contingent$450,000
2022-03-04Listed for sale$450,000

For Sale by Agent

AgentWhitney E Cooley
BrokerageScenic Sotheby's International Realty

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