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$130,000
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Property Description
Investors and visionaries, take note of this exceptional opportunity in one of Pensacola's most active growth corridors. Priced specifically for the savvy investor, this property serves as a perfect canvas for a high-yield project. The neighborhood's transformation is evident, with extensive redevelopment and new construction occurring directly on Cherry Ave and the surrounding blocks; signaling a strong upward trend in local property values. The home sits on a generous lot, offering the versatility needed for a modern renovation or a strategic buy-and-hold. A standout feature is the unique flex area that previously served as a bedroom. With its own exterior door providing direct access to the front porch, this bonus space is easily converted back into a bedroom, home office, or guest suite with private access. Plumbing is nearby and presents potential for building an additional bathroom. The location ensures high demand, providing quick access to the I-10 interchange, Nine Mile Road, and major employers like Navy Federal Credit Union in Beulah, International Paper in Cantonment, Ascend, and the new Baptist Hospital. Whether you are looking to capitalize on area momentum with a flip or add a reliable asset to your rental portfolio, the potential here is undeniable. Secure this property in the path of progress at an attractive price point before the next wave of revitalization is complete.
Full Property Details
Full Property Details for 8511 Cherry Ave
General
- Price: $130,000
- Status: Active
- Type: Single Family
- Source: Pensacola
- MLS ID: 681305
- Updated: 4/28/2026
- Added to Site: 9 day(s) ago
Interior
- Appliances: Electric Water Heater, Dryer, Washer
- Flooring: Carpet
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: 15 x 11, First Level, 165 Sq. Ft.
- Bedroom 1: 11 x 11, First Level, 121 Sq. Ft.
- Bedroom 2: 10 x 11, First Level, 110 Sq. Ft.
Other Rooms
- Kitchen: Not Updated
- Dining Room: Formal Dining Room
Parking
- Parking Features: Driveway
Location
- County: Escambia - Fl
- Driving Directions: I-10 to Davis Hwy North. Right on Olive Rd, left on Palafox, right on Ten Mile Rd. Turn left onto Cherry Ave. Property is on the left.
School Information
- Elementary School: Lincoln Park
- Middle School: BEULAH
- High School: Pine Forest
Heating & Cooling
- Cooling Type: Central Air, Wall/Window Unit(s)
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Ranch
- Construction: Concrete
- Roof: Flat
- Stories/Levels: 1
- Square Feet: 1,368
- Year Built: 1958
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.1632
- Street/Road Desc.: Paved
- Road Maintenance: County Maintained Road
- Lot Features: Central Access
- Zoning: County
Financial Considerations
- Price Per Sq. Ft.: $95.03
Disclosures and Reports
- Property ID: 111S301901007060
Listed by Keller Williams Realty Gulf Coast
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Schools
Schools serving 8511 Cherry Ave
School District:Escambia County School District, Cantonment, FL
| Name | Grades | Distance |
|---|---|---|
Lincoln Park Elementary School 7600 Kershaw Street, Pensacola, FL 32534 | PK-5 | 0.9 mi |
Beulah Middle School 6001 West 9 Mile Road, Pensacola, FL 32526 | 6-8 | 6.7 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 8511 Cherry Ave
Date
Details
Price
Change
Source
4/23/2026
Listed
$130,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8511 Cherry Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$449
—
$51,533
3%
2024
$449
2%
$50,081
3%
2023
$439
6%
$48,623
6%
2021
$414
-2%
$45,833
-3%
2022
$423
2%
$47,207
4%
2021
$414
8%
$45,201
4%
2018
$383
2%
$43,362
2%
2017
$376
2%
$42,471
2%
2016
$367
7%
$41,598
1%
2015
$342
-12%
$41,309
-7%
2019
$389
25%
$44,185
8%
2014
$312
-2%
$40,982
1%
2013
$320
—
$40,377
—
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 8511 Cherry Ave
8511 Cherry Ave, Pensacola, FL 32534 (MLS# 681305) is a Single Family property with 3 bedrooms and 1 full bathroom. 8511 Cherry Ave is currently listed for $130,000 and was received on April 23, 2026. Want to learn more about 8511 Cherry Ave? 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.

