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905 Dr Martin Luther King Jr Dr, Pensacola, FL, 32501

2beds
1baths
1,344sqft
$329,900
$245price/sqft
$3,021/moest. monthly cost
$120,840/yrincome needed

About This Home

Beautifully restored historic Craftsman cottage where timeless architecture, carefully preserved original details, and thoughtful modern updates come together just minutes from Downtown Pensacola. This 2-bedroom, 1-bath home offers 1,344 square feet of inviting living space filled with abundant natural light, original hardwood floors, soaring ceilings, original moldings, and architectural details that honor the home's history. The exceptionally spacious primary bedroom provides a relaxing retreat, while the flexible floor plan offers the potential for a third bedroom, home office, or additional living space. The updated kitchen features modern appliances, open shelving, and generous workspace, while the bathroom has been tastefully refreshed. Major improvements include a new roof (2022), HVAC (2021), and water heater (2019). Enjoy a full-width covered front porch, screened back porch, and a large privacy-fenced backyard with beautifully landscaped outdoor living areas, fire pit, storage shed, and plenty of room for a future pool. Off-street parking adds everyday convenience. Ideally located between East Hill and North Hill, with convenient access to Downtown Pensacola, Palafox Street, parks, restaurants, breweries, galleries, and Pensacola Beach, this move-in-ready home offers the perfect blend of historic charm and modern convenience. Thoughtfully updated and with furniture available for purchase separately, this home offers a rare turnkey opportunity to own a piece of Pensacola history.

Getting Around

75
WalkingVery Walkable
32
TransitSome Transit
76
BikeVery Bikeable

Schools

2/10
Global Learning AcademyGrades PK-51.9 mi
4/10
4/10
Pensacola High SchoolGrades 9-121.1 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1938

Materials

  • Foundation: Off Grade
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Water Heater

Bedroom

  • Level: First
  • Area: 150

Bedrooms & Bathrooms

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

Features

  • Flooring: Hardwood,Tile
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total structure area: 1,344
  • Total interior livable area: 1,344 sqft

Kitchen

  • Level: First
  • Area: 300

Master Bedroom

  • Level: First
  • Area: 300

Property

Details

  • Parcel number: 000s009020021032
  • Zoning description: Res Single
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Covered,Porch,Screened
  • Exterior features: Fire Pit
  • Fencing: Back Yard

Lot

  • Lot size: 4,356 sqft
  • Features: Interior Lot

Parking

  • Total spaces: 2
  • 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
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
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 $1,668$20,016
Home Insurance *$840$10,080
Property Taxes $316$3,792
Electricity $197$2,366
Total$3,021$36,252
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$103,577/yr
40% on housing$90,630/yr
45% on housing$80,560/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

$245This listing

vs Other Active Listings

Avg $/sqft

ZIP 32501$221
Escambia County$204

vs Homes Sold Last Month

Median $/sqft

ZIP 32501$243
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
2026-07-20Listed for sale$329,900
2025-06-18Sold$190,000
2025-06-18Pending sale$210,000
2025-05-30Contingent$210,000
2025-05-22Listed for sale$210,000
2025-05-11Contingent$210,000
2025-04-30Listed for sale$210,000
2021-03-24Listing removed--
2018-10-11Sold$90,000
2018-08-03Listed for sale$99,900
2018-07-09Sold$43,200
2018-06-09Listed for sale--

For Sale by Agent

AgentKatie Miller
BrokerageKuhn Realty

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