




216 Broadmoor Ln, Pensacola, FL, 32507
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
Schools
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
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
- Lightning
- Hurricane
- Coastal Flooding
- Cold Wave
- Heat Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Escambia County and Florida
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,584 | $91,008 |
| Home Insurance * | $3,541 | $42,492 |
| Property Taxes | $787 | $9,444 |
| Electricity | $197 | $2,366 |
| Total | $12,109 | $145,308 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-09 | Listed for sale | $1,500,000 |
| 2026-04-13 | Listing removed | $1,100 |
| 2026-02-23 | Price change | $1,100 |
| 2026-02-11 | Price change | $1,050 |
| 2026-01-29 | Price change | $995 |
| 2026-01-21 | Price change | $1,050 |
| 2025-11-06 | Price change | $1,100 |
| 2025-10-04 | Price change | $1,115 |
| 2025-08-01 | Price change | $1,125 |
| 2025-06-18 | Listed for rent | $1,110 |
| 2025-05-09 | Listing removed | $1,097 |
| 2025-03-06 | Listing removed | $1,500,000 |
| 2025-02-11 | Listed for sale | $1,500,000 |
| 2024-12-31 | Listed for rent | $1,097 |
| 2024-11-25 | Listing removed | $1,097 |
| 2024-11-14 | Listed for rent | $1,097 |
| 2024-11-06 | Listing removed | $1,000 |
| 2024-09-10 | Price change | $1,000 |
| 2024-07-23 | Listed for rent | $1,097 |
