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$1,955,000

  • Sold
  • Closed
  • Apartment
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Sanders Apartments offers an incredible investment opportunity with all 20 units completely remodeled over the past 5 years. Major upgrades include new roofs on the two large buildings in 2022, and on the four duplexes in 2024. Additional improvements in 2024 include brand-new fencing and a freshly paved parking lot, ensuring the property looks as good as it performs. Professionally managed by a local property management company, Sanders Apartments has maintained an impressive 100% occupancy rate for the past 5 years, generating a strong gross income of $24,300 per month. This property combines modern updates, consistent income, and a prime location-truly a can't-miss opportunity!

Full Property Details for 5820 Sanders Ave

General

  • Sold For: $1,955,000
  • Status: Closed
  • Type: Apartment
  • Source: Pensacola
  • MLS ID: 663489
  • Added to Site: 263 day(s) ago

Rental Information

  • Lease/Rent Term: 12 Months

Interior

  • Appliances: Dryer, Built In Microwave, Refrigerator

Exterior

  • Exterior Features: Rain Gutters

Location

  • County: Escambia - Fl
  • Subdivision: Abb
  • Building Name: San Andres
  • Driving Directions: Near Hospital off Hwy 110 in Pensacola

School Information

  • Elementary School: Local School In County
  • Middle School: LOCAL SCHOOL IN COUNTY
  • High School: Local School In County

Heating & Cooling

  • Cooling Type: Ceiling Fan(s), Multi Units
  • Heating Type: None

Structural Information

  • Construction: Brick
  • Roof: Composition
  • Stories/Levels: 1
  • Year Built: 1972

Lot Features

  • Road Maintenance: Road t Maintained
  • Fencing (Description): Back Yard

Financial Considerations

  • Price Per Sq. Ft.: $94.79

Disclosures and Reports

  • Property ID: 311S301901205006

Listed by Homecoin.Com
Sold by PAR Outside Area Listing Office

Listing agent

— 5820 Sanders Ave —

  • Homecoin.Com

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 5820 Sanders Ave

School District:Escambia County School District, Cantonment, FL
NameGradesDistance
Reinhardt Holm Elementary School
6101 Lanier Drive, Pensacola, FL 32504
PK-50.4 mi
J. H. Workman Middle School
6299 Lanier Drive, Pensacola, FL 32504
6-80.3 mi
Washington Senior High School
6000 College Parkway, Pensacola, FL 32504
9-120.4 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 5820 Sanders Ave

Date
Details
Price
Change
Source
8/05/2025
Sold
$1,955,000
-13.11%
MLS
5/15/2025
Price Reduced
$2,250,000
-8.16%
MLS
4/30/2025
Listed
$2,450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Homecoin.Com
Sold by PAR Outside Area Listing Office

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5820 Sanders Ave, Pensacola, FL 32504 (MLS# 663489) is a Apartment property that was sold at $1,955,000 on August 05, 2025. Want to learn more about 5820 Sanders Ave? Do you have questions about finding other Apartment real estate for sale in Pensacola? You can browse all Pensacola real estate or contact a Coldwell Banker agent to request more information.