5820 Sanders Ave
Pensacola, FL 32504
- – beds
- – baths
- 20,624 sqft
- $118 per sqft
- 1972 build
- – on site
Sanders Apartments offers an incredible investment opportunity with all 21 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. Located in a high-demand area, this property combines modern updates, consistent income, and a prime location—truly a can't-miss opportunity!
Last checked:
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Last updated Apr 30, 2025
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MLS# 663489 —
The Building
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Year Built:1972
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Construction Materials:Brick
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Levels:One
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Stories:1
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Roof:Composition
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Exterior Features:Rain Gutters
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Building Area Total:20624
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Building Area Units:Square Feet
Room Dimensions
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Living Area Units:Square Feet
Location
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Directions:Near Hospital off Hwy 110 in Pensacola
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Latitude:30.490753
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Longitude:-87.208883
The Property
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Parcel Number:311S301901205006
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Property Type:Residential Income
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Property Subtype:Apartment
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Lot Size Units:Acres
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Horse:false
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Fencing:Back Yard
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Road Responsibility:Road Not Maintained
Listing Agent
- Contact info:
- Agent phone:
- (888) 400-2513
- Office phone:
- (888) 400-2513
Taxes
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Tax Legal Description:S 200 FT OF N 455 25/100 FT OF LT T IN S 1/2 OF LT 5 BLK 5 ABB S/D PB 1 P 82 OR 7950 P 950/953/956
Heating & Cooling
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Heating:None
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Heating:false
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Cooling:Ceiling Fan(s)
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Cooling:true
Utilities
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Electric:Aluminum Wiring
Appliances
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Appliances:Dryer
Schools
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Elementary School:Local School In County
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Middle Or Junior School:LOCAL SCHOOL IN COUNTY
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High School:Local School In County
The Community
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Subdivision Name:Abb
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).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/30/25
Apr 30, 2025
|
Listed / Active | PAR | $2,450,000 | 211.8% (23.8% / YR) |
|
5/31/16
May 31, 2016
|
PAR | $785,700 |
