Sold
Last Sold Price
2 beds875 sqft$571/sqft
2981 Junction Rd, Cantonment, FL 32533
Multi FamilyProperty Type
1985Year Built
$571/sq ftPrice per sq ft

Description

This offering consists of 2 well-maintained low maintenance quadraplexes with each building on a separate legal description. Each unit is 2 bedrooms and 2 full baths with 875 square feet. This property is in an ideal location with historically low vacancy rates. The units are all electric combined with a one-story floorplan. Four of the eight units have fireplaces. Conveniently located near Solutia, Hwy 29, and the popular 9 Mile Road area. Call today to see this offering! 6 units are being rented...This offering consists of 2 well-maintained low maintenance quadraplexes with each building on a separate legal description. Each unit is 2 bedrooms and 2 full baths with 875 square feet. This property is in an ideal location with historically low vacancy rates. The units are all electric combined with a one-story floorplan. Four of the eight units have fireplaces. Conveniently located near Solutia, Hwy 29, and the popular 9 Mile Road area. Call today to see this offering! 6 units are being rented for $600 monthly; 2 for $595 monthly. In the past few years, the following upgrades have been done: New Architecture Roofs; New Appliances; New Carpet, Vinyl & Tile; Painting inside and outside New Fences; All new Fans & Kitchen Lights
  • Listed by: Kenneth Payne • RE/MAX HORIZONS REALTY
Listing closed: 07/01/2007 12:00 AM • Source: PENSACOLA, MLS#: 322031

Recent comparable sales

Median sold price

$415,000

Avg days on market

10

Sale-to-list ratio

99.6%

Cantonment, FL

9 comparable properties found

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Location

Listing Courtesy of RE/MAX HORIZONS REALTY

Sold By REALTY MASTERS

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Property Information for 2981 Junction Road

Property Details
  • MLS Type: Residential Income / Quadruplex
  • Waterfront Features: None
Building Information
  • Stories: 1
  • Residences: 8
  • Year Built: 1985
Summary
Location and General Information
  • Directions: 9 Mile Road to North on New Chemstrand to Junction Road.
  • Latitude: 30.5869274
  • Longitude: -87.263298
  • Subdivision Name: Satsuma Heights
Taxes and HOA Information
  • Tax Legal Description: Lengthy in File - Parcel IDs 141N301000082014 and 141N301000083014
Parking
  • Parking Features: Parking Lot
  • Carport: No
  • Garage: No
School Information
  • Elementary School: Jim Allen
  • High School: Tate
  • Middle Or Junior School: RANSOM
Property
Lot Information
  • Building Name: None
  • Construction Materials: Frame
  • Levels: One
  • Lot Features: Interior Lot
  • Road Responsibility: County Maintained Road
  • Roof: Composition
  • Cooling: Yes
  • Fireplace: Yes
  • Heating: Yes
  • Horse: No
  • New Construction: No
  • Waterfront: No
Property and Assessments
  • Documents Count: 0
  • Parcel Number: 141N301000082014
  • Photos Count: 17
  • Property Condition: Resale
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer, Septic Tank
  • Utilities: Cable Available
Interior and Exterior Features
Exterior Features
  • Fencing: Privacy
  • Patio And Porch Features: Patio, Porch
  • Pool Features: None
  • Security Features: Smoke Detector(s)
Interior Features
  • Appliances: Electric Water Heater, Dishwasher, Disposal, Refrigerator
  • Bathrooms Partial: 0
  • Cooling: Ceiling Fan(s), Central Air
  • Flooring: Vinyl, Carpet
  • Heating: Central, Fireplace(s)
  • Interior Features: Ceiling Fan(s), High Speed Internet
  • Laundry Features: Inside, W/D Hookups
  • Rooms Total: 7
  • Stories: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
Rental
Rental Information
  • Leasable Area Units: Square Feet
  • Pets Allowed: No
  • Lease Considered: No

Property History for 2981 Junction Road

DateEvent & SourcePriceAppreciation
Jul 1, 2007

Sold

PENSACOLA #322031

$500,000
Feb 7, 2007

Listed (Active)

PENSACOLA #322031

$509,900
DateEvent & SourcePrice
07/01/2007

Sold

PENSACOLA #322031

$500,000
02/07/2007

Listed (Active)

PENSACOLA #322031

$509,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 2981 Junction Road

This home is within Escambia.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
R. C. Lipscomb Elementary School
PublicPK to 5

Ransom Middle School
Public6 to 8

J. M. Tate Senior High School
Public9 to 12

Escambia Westgate Center
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 2981 Junction Road, Cantonment, FL 32533
$500,000
2
875
$232,000
4
3,500
22,216
$220,000
2
875
4
3,500
35,719
$100,000
564
29,621
$15,500
1
858
11,761

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX HORIZONS REALTY

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.