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216 Broadmoor Ln, Pensacola, FL, 32507

1beds
1baths
610sqft
$1,500,000
$2,459price/sqft
$12,109/moest. monthly cost
$484,360/yrincome needed

About This Home

This recently renovated 12-unit apartment building is located just west of Downtown Pensacola and offers investors a turnkey asset with strong in-place income and recent capital improvements. Each unit features a spacious 1-bedroom, 1-bathroom layout with approximately 610 sq. ft. of living space. Interior updates include new flooring, refreshed kitchens with updated cabinets and appliances, and renovated bathrooms, offering a clean and modern rental product for residents. Major exterior improvements include a new roof, new porch railings, and updated stairs, enhancing both curb appeal and long-term durability. The property is conveniently located just 4.4 miles from the NAS Pensacola Main Gate, 2.8 miles from Downtown Pensacola, and approximately 25 minutes from Pensacola Beach. Current effective rents average $1,160 per unit, including a $75 monthly utility fee that covers water, sewer, and trash. Electricity and internet are paid directly by residents. With strong in-place income, recent capital improvements, and a convenient location near major employment and lifestyle drivers, this 12-unit asset is a compelling addition to an investor’s portfolio.

Getting Around

31
WalkingCar-Dependent
19
TransitMinimal Transit
51
BikeBikeable

Schools

4/10
2/10
Warrington Middle SchoolGrades 6-81.3 mi
4/10
Pensacola High SchoolGrades 9-123.2 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1982

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Brick,Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Apartment

Interior

Appliances

  • Appliances included: Electric Water Heater,Microwave
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Ceiling Fan(s),High Speed Internet

Heating & Cooling

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

Interior Area

  • Total structure area: 7,326
  • Total interior livable area: 610 sqft

Property

Details

  • Parcel number: 592s302600000001
  • Other equipment: None

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Exterior features: Balcony
  • Waterfront features: None
  • Frontage length: Water Frontage(0)

Lot

  • Features: Interior Lot

Parking

  • Parking features: Parking Lot