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510 Forest Park Dr, Pensacola, FL, 32506

2beds
1baths
1,074sqft
$140,000
$130price/sqft
$1,263/moest. monthly cost
$50,520/yrincome needed

About This Home

Completely renovated and move-in ready. This home features an open floor plan, updated kitchen with white cabinetry and stainless steel appliances, modern finishes throughout, and natural light. The spacious yard offers plenty of room for entertaining, gardening, pets, or future outdoor improvements. Conveniently located near shopping, dining, schools, NAS Pensacola, and the beautiful Gulf Coast beaches.

Getting Around

22
WalkingCar-Dependent
23
TransitMinimal Transit
36
BikeSomewhat Bikeable

Schools

2/10
Warrington Middle SchoolGrades 6-81.1 mi
3/10
Escambia High SchoolGrades 9-121.1 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1954

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Vinyl

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,074
  • Total interior livable area: 1,074 sqft

Kitchen

  • Level: First
  • Area: 144

Master Bedroom

  • Level: First
  • Area: 208

Property

Details

  • Parcel number: 362s301500005006
  • Zoning description: Res Single

Features

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

Lot

  • Lot size: 9,583 sqft

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

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

How This Home’s Risks Compare

Hurricane
Lightning
Cold Wave
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 $707$8,484
Home Insurance *$220$2,640
Property Taxes $139$1,668
Electricity $197$2,366
Total$1,263$15,156
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$43,302/yr
40% on housing$37,890/yr
45% on housing$33,680/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

$130This listing

vs Other Active Listings

Avg $/sqft

ZIP 32506$140
Escambia County$204

vs Homes Sold Last Month

Median $/sqft

ZIP 32506$162
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
2026-08-17Contingent$140,000
2026-07-17Listed for sale$140,000
2020-01-24Listing removed$850
2020-01-15Listed for rent$850
2015-01-27Listing removed$675
2014-12-17Listed for rent$675
2014-04-08Listing removed$650
2013-12-13Listed for rent$650
2012-10-03Listing removed$650
2012-08-29Listed for rent$650
2012-02-23Listing removed$650
2012-01-04Price change$650
2011-12-02Listed for rent$695
2011-04-09Listing removed$695
2011-03-05Listed for rent$695
2005-11-15Sold$33,000

For Sale by Agent

AgentRachael Barach
BrokerageREMAX Preferred

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