304 W Cervantes St, Pensacola, FL, 32501
About This Home
Great opportunity! Fantastic location only 8 blocks North of Garden St, and 3 blocks West of Palafox St. Zoned PR-2 North Hill Preservation Multiple-Family District. Currently utilized as a business office, this house can be made into a 3BR/2.5BA home, or a multi-family property with a 2BR/1.5BA and a 1BR/1BA...or a combination. Use 1 side as a residence, and the other side as an office or rental. This property had a 1000sqft addition on built-up slab in 2000, and a major update in 2018, including new roof.
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1970
Materials
- Foundation: Off Grade,Slab
- Roof: Shingle
- Construction materials: Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Water Heater,Electric Water Heater
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 1,599
- Total interior livable area: 1,599 sqft
Living Room
- Level: First
- Area: 248.06
Master Bedroom
- Level: First
- Area: 204.4
Property
Details
- Parcel number: 000s009010200038
- Zoning description: Commercial,Res Multi
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Lot size: 8,938 sqft
- Features: Corner Lot,Historic District
- Lot size dimensions: 170 X 67
Parking
- Total spaces: 8
- Parking features: Parking Lot
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
- Lightning
- 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 | $2,149 | $25,788 |
| Home Insurance * | $1,082 | $12,984 |
| Property Taxes | $223 | $2,676 |
| Electricity | $197 | $2,366 |
| Total | $3,651 | $43,812 |
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 |
|---|---|---|
| 2026-04-21 | Price change | $439,000 |
| 2026-02-09 | Listed for sale | $449,000 |
For Sale by Agent
View on Zillow