827 Michigan Ave, Pensacola, FL, 32505
About This Home
Value-add opportunity in a prime Pensacola location. This property has already undergone extensive interior demolition, offering a clean slate for investors or renovators to execute a full rehab efficiently. The exterior has been upgraded with new siding and trim, providing solid curb appeal, while the open interior allows for flexible reconfiguration and modern updates. Built on a concrete slab with a straightforward layout, this property is ideal for a flip or rental strategy. Conveniently located minutes from downtown Pensacola, I-110, NAS Pensacola, and major employers in a high-demand investment corridor.
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1959
Materials
- Foundation: Slab
- Roof: Composition
- Construction materials: Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: No Water Heater
Bedroom
- Level: First
- Area: 120
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: See Remarks
Heating & Cooling
- Heating features: None
- Cooling features: None
Interior Area
- Total structure area: 1,224
- Total interior livable area: 1,224 sqft
Kitchen
- Level: First
- Area: 100
Living Room
- Level: First
- Area: 224
Property
Details
- Parcel number: 461s301100011009
- Zoning description: County
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Lot size: 8,276 sqft
- Features: Central Access
Parking
- Parking features: Driveway
- Has uncovered spaces: 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
- Lightning
- Hurricane
- 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 | $652 | $7,824 |
| Home Insurance * | $267 | $3,204 |
| Property Taxes | $166 | $1,992 |
| Electricity | $197 | $2,366 |
| Total | $1,282 | $15,384 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-22 | Listed for sale | $129,000 |
| 2026-05-07 | Sold | $84,000 |
| 2026-03-10 | Price change | $194,000 |
| 2026-02-04 | Listed for sale | $199,000 |
| 2024-10-16 | Sold | $65,000 |
| 2024-07-05 | Sold | $58,600 |
| 2023-12-19 | Contingent | $100,000 |
| 2023-08-25 | Listed for sale | $100,000 |
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