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1218 E Cervantes St, Pensacola, FL, 32501

2beds
1baths
1,303sqft
$465,000
$357price/sqft
$4,241/moest. monthly cost
$169,640/yrincome needed

About This Home

Located in the heart of East Hill, this thoughtfully updated cottage blends classic Pensacola character with modern functionality. Positioned along one of East Hill’s most recognizable streets, the home features a welcoming wrap-around porch, refreshed landscaping, and timeless curb appeal. Inside, light-filled living spaces showcase updated flooring, tall ceilings, and preserved architectural details. The spacious living room flows effortlessly into a dedicated dining area, creating a layout well-suited for both everyday living and entertaining. The updated kitchen serves as a central gathering space, offering butcher-block countertops, modern cabinetry, stainless steel appliances, generous prep space, and a large island—combining style and practicality. Natural light enhances the space's warmth and usability. The home offers two well-proportioned bedrooms, including a primary bedroom with a walk-in closet, a rare feature for a home of this era. The updated bathroom features contemporary finishes and a tiled tub/shower surround, complementing the home’s original character. Key system updates include completed electrical wiring and plumbing improvements, providing added confidence while preserving the home's integrity. A wraparound driveway provides convenient rear access and offers two or more off-street parking spaces, a valuable feature in East Hill. The 20' x 60' backyard offers functional outdoor space ideal for gardening, pets, or relaxing, with low-maintenance appeal. Just minutes from downtown Pensacola, Bayview Park, dining, shopping, and neighborhood events, this property delivers the walkable, community-oriented lifestyle East Hill is known for. A well-maintained opportunity to enjoy East Hill Pensacola living with meaningful updates, classic charm, excellent off-street parking, and a functional backyard.

Getting Around

81
WalkingVery Walkable
26
TransitSome Transit
74
BikeVery Bikeable

Schools

1/10
4/10
4/10
Pensacola High SchoolGrades 9-121.6 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1913

Materials

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

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Water Heater

Bedroom

  • Level: First
  • Area: 143

Bedrooms & Bathrooms

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

Features

  • Flooring: Hardwood

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,303
  • Total interior livable area: 1,303 sqft

Kitchen

  • Level: First
  • Area: 182

Living Room

  • Level: First
  • Area: 238

Master Bedroom

  • Level: First
  • Area: 143

Property

Details

  • Parcel number: 000s009025015111
  • Zoning description: Res Single
  • Special condition: Standard

Features

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

Lot

  • Lot size: 7,949 sqft
  • Lot size dimensions: 60 x 137.5

Parking

  • Total spaces: 2
  • Parking features: Circular Driveway,Front Entrance,Parking Lot,Rear Entrance
  • 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
  • Coastal Flooding
    Coastal FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
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 $2,351$28,212
Home Insurance *$1,184$14,208
Property Taxes $509$6,108
Electricity $197$2,366
Total$4,241$50,892
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$145,405/yr
40% on housing$127,230/yr
45% on housing$113,093/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

$357This listing

vs Other Active Listings

Avg $/sqft

ZIP 32501$219
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
2026-04-15Price change$490,000
2026-01-20Listed for sale$495,000
1997-06-19Sold$4,500

For Sale by Agent

AgentMatt Hamilton
BrokerageAlliance Real Estate

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