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$309,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,128 Sq. Ft.
  • Updated 5 days ago
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This ADORABLE downtown 3 bed/2bath home is AFFORDABLE and TURN KEY! Currently used as a successful short-term rental with strong income potential, this home is move-in ready for a new homeowner or future Airbnb host. Built in 2007, it has been thoughtfully updated with luxury vinyl plank flooring throughout, upgraded ceiling fans, a counter-depth refrigerator, and a beautifully remodeled kitchen featuring granite countertops. The home includes a one-car garage for convenience and a covered back patio that creates a comfortable outdoor living space. Major systems have been recently replaced, including a new HVAC in 2023 and a roof in 2021. Warm, neutral floors tie the interior together, making this property both stylish and low-maintenance. Rental Income Consistently Averages $24k/yr - (There is not a sign in the yard).

Full Property Details for 515 N M St

General

  • Price: $309,000
  • Status: Active
  • Type: Single Family
  • Source: Pensacola
  • MLS ID: 676968
  • Updated: 2/1/2026
  • Added to Site: 6 day(s) ago

Interior

  • Interior Features: Baseboards
  • Appliances: Electric Water Heater
  • Flooring: Laminate

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3
  • Bedroom 1: 11.666666666 x 9, First Level, 105 Sq. Ft.
  • Bedroom 2: 12 x 9, First Level, 108 Sq. Ft.

Other Rooms

  • Kitchen: Remodeled, 9.75 x 12.5833333, First Level, 122.6875 Sq. Ft.
  • Dining Room: Breakfast Bar, Kitchen/Dining Combo, Living/Dining Combo

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 1
  • Parking Features: Garage

Location

  • County: Escambia - Fl
  • Subdivision: West King Tract
  • Driving Directions: From Garden Street & Palafox. Head WEST on Garden Street, RIGHT on M Street, Head NORTH, House will be on the LEFT past LaRua

School Information

  • Elementary School: Global Learning Academy
  • Middle School: WARRINGTON
  • High School: Pensacola

Heating & Cooling

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

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Cottage
  • Construction: Frame
  • Roof: Shingle
  • Stories/Levels: 1
  • Square Feet: 1,128
  • Year Built: 2007
  • Property Condition: Resale

Lot Features

  • Lot Size (Acres): 0.0833
  • Street/Road Desc.: Paved
  • Road Maintenance: Public Maintained Road
  • Zoning: City
  • Fencing (Description): Privacy

Financial Considerations

  • Price Per Sq. Ft.: $273.94

Disclosures and Reports

  • Property ID: 000S009060016123

Listed by Engel & Volkers Pensacola

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Listing agent

— 515 N M St —

  • Engel & Volkers Pensacola

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 515 N M St

School District:Escambia County School District, Cantonment, FL
NameGradesDistance
Global Learning Academy
100 North P Street, Pensacola, FL 32505
PK-50.3 mi
Warrington Middle School
450 South Old Corry Field Road, Pensacola, FL 32507
6-82.2 mi
Pensacola High School
500 West Maxwell Street, Pensacola, FL 32501
9-121.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 515 N M St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/01/2026
Listed
$309,000
23.6%
MLS
6/16/2023
Sold
$250,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 515 N M St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,735
—
$162,723
1%
2024
$2,735
348%
$160,434
113%
2023
$611
1%
$75,349
6%
2021
$607
1%
$71,025
-3%
2022
$602
-1%
$73,155
4%
2021
$607
2%
$70,045
4%
2018
$598
-1%
$67,195
2%
2017
$602
—
$65,813
2%
2016
$603
2%
$64,460
-6%
2019
$594
-2%
$68,471
7%
2015
$609
4%
$64,012
1%
2014
$587
-4%
$63,504
1%
2013
$613
—
$62,566
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Engel & Volkers Pensacola

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515 N M St, Pensacola, FL 32501 (MLS# 676968) is a Single Family property with 3 bedrooms and 2 full bathrooms. 515 N M St is currently listed for $309,000 and was received on February 01, 2026. Want to learn more about 515 N M St? Do you have questions about finding other Single Family real estate for sale in Pensacola? You can browse all Pensacola real estate or contact a Coldwell Banker agent to request more information.

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