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$165,000 Just Listed
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Property Description
Charming Fixer-Upper in Historic Downtown Pensacola! Discover the potential in this cozy single-family home at 518 W La Rua St, ideally situated in the vibrant Belmont Tract neighborhood of North Hill. Built in 1986 and spanning approximately 640 sq ft on a generous 4,500 sq ft lot, this 1-bath property offers a blank canvas with flexible layout possibilities-perfect for configuring 1-2 bedrooms or a studio setup. Features include central heating and air conditioning (updated AC unit in 2012), a detached garage/shed for storage or parking (up to 2 spaces), and a 2018-installed shed for added utility. Extremely motivated seller! This downtown gem is primed for a flip or full renovation, blending historic charm with modern potential in a highly walkable area (Walk Score 71)-just minutes from Palafox Street's shops, dining, and entertainment, plus easy access to I-110. Whether you're an investor or visionary homeowner, seize this opportunity in a buyer's market where homes appreciate quickly. Seller is open to creative financing options, including owner financing. Property is occupied-please call listing agent to schedule a showing.
Full Property Details
Full Property Details for 518 W La Rua St
General
- Price: $165,000
- Status: Active
- Type: Single Family
- Source: Pensacola
- MLS ID: 677860
- Updated: 2/18/2026
- Added to Site: 2 day(s) ago
Interior
- Appliances: Electric Water Heater
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
- Bedroom 1: First Level
Other Rooms
- Kitchen: Not Updated, First Level
- Dining Room: Breakfast Bar
Parking
- Parking Features: On Street
Location
- County: Escambia - Fl
- Subdivision: Belmont Tract
- Driving Directions: From I-110 S, take exit 5 for Brent Ln/Fairfield Dr. Head west on Fairfield Dr, turn left onto N Palafox St. Continue south on N Palafox St, then turn right onto W La Rua St. Property is on the south side in the 500 block, near N T St.
School Information
- Elementary School: Global Learning Academy
- Middle School: WORKMAN
- High School: Pensacola
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Construction: Block
- Roof: Shingle
- Stories/Levels: 1
- Square Feet: 655
- Year Built: 1986
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.1033
- Road Maintenance: Public Maintained Road
- Lot Features: Central Access
- Zoning: City
Financial Considerations
- Price Per Sq. Ft.: $251.91
Disclosures and Reports
- Property ID: 000S009010028077
Listed by Fmig
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Schools
Schools serving 518 W La Rua St
School District:Escambia County School District, Cantonment, FL
| Name | Grades | Distance |
|---|---|---|
Global Learning Academy 100 North P Street, Pensacola, FL 32505 | PK-5 | 1.2 mi |
J. H. Workman Middle School 6299 Lanier Drive, Pensacola, FL 32504 | 6-8 | 4.9 mi |
Pensacola High School 500 West Maxwell Street, Pensacola, FL 32501 | 9-12 | 1.3 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 518 W La Rua St
Date
Details
Price
Change
Source
2/18/2026
Listed
$165,000
450%
MLS
12/31/2005
Sold
$30,000
—
Public Record
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
Tax History for 518 W La Rua St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$307
—
$41,511
3%
2024
$307
12%
$40,342
3%
2023
$274
13%
$39,167
6%
2021
$242
-6%
$36,920
-3%
2022
$257
6%
$38,027
4%
2021
$242
17%
$36,411
4%
2018
$207
5%
$34,929
2%
2017
$197
-8%
$34,211
-4%
2019
$215
16%
$35,593
6%
2016
$186
1%
$33,508
1%
2015
$184
7%
$33,276
1%
2014
$172
—
$33,012
1%
2013
$172
—
$32,525
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 518 W La Rua St
518 W La Rua St, Pensacola, FL 32501 (MLS# 677860) is a Single Family property with 2 bedrooms and 1 full bathroom. 518 W La Rua St is currently listed for $165,000 and was received on February 18, 2026. Want to learn more about 518 W La Rua 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.

