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$640,000
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Property Description
Brand-New Quadplex in the Heart of Pensacola - Prime Investment Opportunity! 3 out of 4 units rented at $1500/month! Now is your chance to secure a high-performing asset in one of Florida's fastest-growing markets. This brand-new quadplex is an investor's dream - turnkey, thoughtfully designed, and strategically located in the heart of Pensacola, FL. Each of the four units offers 2 bedrooms and 1 full bath under 1,000 sq ft, ideal for attracting a wide range of long-term tenants - from military personnel stationed nearby, to young professionals, retirees, and working families seeking quality, affordable living in a thriving area. This project is surrounded by fully leased multifamily properties, proving strong rental demand and high occupancy in the neighborhood. With Pensacola's steady population growth, low vacancy rates, and booming rental market, this asset is poised to generate immediate cash flow and deliver solid returns for years to come. Highlights include: 100% new construction - low maintenance, high appeal State-of-art sprinkler system great for peace of mind and insurance cost Centrally located with quick access to downtown, military bases, hospitals, and major employers Strong rental comps in a neighborhood of similar, fully occupied multifamily homes Perfect for 1031 exchange, portfolio expansion, or a first-time multifamily investor Don't miss the chance to own a brand-new, cash-flowing property in one of the Gulf Coast's most sought-after cities. Schedule your walk-through today and get in before completion!
Full Property Details
Full Property Details for 50 Fulton Ave #Building B
General
- Sold For: $640,000
- Status: Closed
- Type: Multi-Family
- Source: Pensacola
- MLS ID: 678530
- Added to Site: 31 day(s) ago
Location
- County: Escambia - Fl
- Driving Directions: Start on I-10 heading toward Pensacola. Take Exit 17 for FL-291/Davis Hwy. Continue for about 4.5 miles until you reach Fairfield Dr. Turn left onto Fairfield Dr (FL-295 S) and go about 1 mile. Turn right onto N 12th Ave and continue for about 1.5 miles. Turn left onto E Gonzalez St, then a quick right onto Fulton Ave. 50 Fulton Ave Unit B will be on your right.Turn south (right/left depending on direction) onto N Davis Hwy (FL-291 S).
School Information
- Elementary School: Ensley
- Middle School: FERRY PASS
- High School: Pine Forest
Heating & Cooling
- Cooling Type: Central Air, Gas
- Heating Type: Natural Gas
Structural Information
- Construction: Frame
- Roof: Shingle
- Stories/Levels: 1
- Year Built: 2025
Lot Features
- Lot Features: Cul-De-Sac
Financial Considerations
- Price Per Sq. Ft.: $169.31
Disclosures and Reports
- Property ID: 271S301201004002
Listed and Sold by Olde City Realty LLC
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Schools
Schools serving 50 Fulton Ave #Building B
School District:Escambia County School District, Cantonment, FL
| Name | Grades | Distance |
|---|---|---|
Ensley Elementary School 501 East Johnson Avenue, Pensacola, FL 32514 | PK-5 | 1.4 mi |
Ferry Pass Middle School 8355 Yancey Lane, Pensacola, FL 32514 | 6-8 | 3.5 mi |
Pine Forest High School 2500 Longleaf Drive, Pensacola, FL 32526 | 9-12 | 2.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 50 Fulton Ave #Building B
Date
Details
Price
Change
Source
3/30/2026
Sold
$640,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
50 Fulton Ave #Building B, Pensacola, FL 32503 (MLS# 678530) is a Multi-Family property that was sold at $640,000 on March 30, 2026. Want to learn more about 50 Fulton Ave #Building B? Do you have questions about finding other Multi-Family real estate for sale in Pensacola? You can browse all Pensacola real estate or contact a Coldwell Banker agent to request more information.

