- 3 beds
- 2 baths
- 1,638 sqft
- ~3/4 acre lot
- $393 per sqft
- 1982 build
- – on site
Investor Opportunity ! LOCATION! LOCATION! LOCATION! Welcome to this fantastic investor opportunity in Pensacola, FL! This property sits directly across the street from one of the largest future development of the history of Escambia county the OLF-8. The property currently has 2 parcels with separate rental homes on each parcels ( 4985 W Nine Mile Rd. and 4987 W Nine Mile Rd.,) currently, the rental properties are generating an annual income of $34,800. A great situation for generating income while waiting for the 540 acres across the street to be developed. This rare investment opportunity to own nearly an acre across from OLF-8 development may be the opportunity you are looking for. Book your showing today before it's too late! ** Both parcels have approximately 165 ft. road frontage combined on US Hwy 90. **Listing agent is also the Seller/Owner **
Last checked:
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Last updated Jul 14, 2025
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MLS# 667536 —
The Building
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Year Built:1982
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New Construction:false
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Levels:One
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Stories:1
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Roof:Shingle
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Foundation Details:Off Grade
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Window Features:Double Pane Windows
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Patio And Porch Features:Covered
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Green Energy Efficient:Insulation
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Building Area Total:1638
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Building Area Units:Square Feet
Interior
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Interior Features:Ceiling Fan(s)
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Kitchen Features:Updated
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Dining Room Features:Kitchen/Dining Combo
Room Dimensions
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Living Area Units:Square Feet
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Living Area:1638
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Bedroom Area:110
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Bedroom Length:10
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Bedroom Width:11
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Bedroom 1 Area:100
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Bedroom 1 Length:10
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Bedroom 1 Width:10
Location
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Directions:coming from I-10 approximately 1/2 mile on the left property is between Bell Ridge Forest Subdivision and FPL Substation
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Latitude:30.53499
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Longitude:-87.364599
The Property
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Parcel Number:081S311101000011
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Property Type:Residential
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Property Subtype:MANUFACTURED/MOBILE
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Property Condition:Resale
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Lot Size Acres:0.86
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Lot Size Area:0.86
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Lot Size SqFt:37461.6
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Lot Size Units:Acres
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Zoning Description:Mixed Residential Subdiv
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Horse:false
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Road Surface Type:Paved
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Road Responsibility:County Maintained Road
Listing Agent
- Contact info:
- Agent phone:
- (601) 441-8649
- Office phone:
- (850) 261-4660
Taxes
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Tax Legal Description:COMMENCE AT A NAIL AND DISK NUMBERED 7073 AT THE NORTHEAST CORNER OFSECTION 8, TOWNSHIP 1 SOUTH, RANGE 31 WEST, ESCAMBIA COUNTY, FLORIDA; THENCE RUN S 03 DEG 13 MIN 55 SEC W ALONG THE EAST LINE OF SAID SECTION 8 A DISTANCE OF 89.95 FEET TO THE SOUTH RIGHT-OF-WAY LINE OF STATE ROAD NO. 10 (U.S. HIGHWAY 90); THENCE RUN N 87 DEG 00 MIN 32 SEC W ALONG SAID SOUTH RIGHT-OF-WAY LINE A DISTANCE OF 894.25 ...
Beds
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Bedrooms Total:3
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Bedroom Level:First
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Bedroom 1 Level:First
Baths
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Total Baths:2
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Total Baths:2
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Full Baths:2
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Bathroom Features:Updated
The Listing
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Virtual Tour URL Unbranded:https://vimeo.com/1084858857
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Electric:Circuit Breakers
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Sewer:Septic Tank
Appliances
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Appliances:Electric Water Heater
Schools
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Elementary School:Beulah
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Middle Or Junior School:BEULAH
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High School:Pine Forest
The Community
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Subdivision Name:None
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Pool Features:None
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Association:false
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Association Fee Frequency:Annually
Parking
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Garage:false
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Carport:false
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Parking Total:4
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Parking Features:Circular Driveway
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Open Parking:true
Monthly cost estimate

Asking price
$645,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,453
|
Taxes | N/A |
Insurance | $177 |
Utilities | $189 See report |
Total | $3,819/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/10/25
Jul 10, 2025
|
Listed / Active | PAR | $645,000 | 318.8% (110.0% / YR) |
8/17/22
Aug 17, 2022
|
PAR | $154,000 |