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8511 Cherry Ave, Pensacola, FL, 32534

3beds
1baths
1,368sqft
$130,000
$95price/sqft
$985/moest. monthly cost
$39,400/yrincome needed

About This Home

SELLER REQUESTS HIGHEST & BEST OFFER BY: 05/07/2026 AT 12PM. Investors and visionaries, take note of this exceptional opportunity in one of Pensacola’s most active growth corridors. Priced specifically for the savvy investor, this property serves as a perfect canvas for a high-yield project with major system updates already completed, including an UPDATED ROOF, HVAC system, and WINDOWS! The neighborhood’s transformation is evident, with extensive redevelopment and new construction occurring directly on Cherry Ave and the surrounding blocks, signaling a strong upward trend in local property values. The home sits on a generous lot, offering the versatility needed for a modern renovation or a strategic buy-and-hold. A standout feature is the unique flex area that previously served as a bedroom. With its own exterior door providing direct access to the front porch, this bonus space is easily converted back into a bedroom, home office, or guest suite with private access. Plumbing is nearby and presents potential for adding an additional bathroom. The location ensures strong demand, providing quick access to the I-10 interchange, Nine Mile Road, and major employers including Navy Federal Credit Union in Beulah, International Paper in Cantonment, Ascend, and the new Baptist Hospital. Whether you are looking to capitalize on area momentum with a flip or add a reliable asset to your rental portfolio, the potential here is undeniable. Secure this property in the path of progress at an attractive price point before the next wave of revitalization is complete.

Getting Around

36
WalkingCar-Dependent
24
TransitMinimal Transit
35
BikeSomewhat Bikeable

Schools

3/10
4/10
Beulah Middle SchoolGrades 6-86.7 mi
2/10
Pine Forest High SchoolGrades 9-122.6 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1958

Materials

  • Foundation: Slab
  • Roof: Flat
  • Construction materials: Concrete

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater,Dryer,Washer

Bedroom

  • Level: First
  • Area: 121

Bedroom1

  • Level: First
  • Area: 110

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Carpet

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air,Wall/Window Unit(s)

Interior Area

  • Total structure area: 1,368
  • Total interior livable area: 1,368 sqft

Master Bedroom

  • Level: First
  • Area: 165

Property

Details

  • Parcel number: 111s301901007060
  • Zoning description: County
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: None

Lot

  • Lot size: 7,108 sqft
  • Features: Central Access

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes