Last Sold Price
3 beds1,215 sqft$45/sqft
516 Pelham Rd, Pensacola, FL 32507

Description

Attention Investors! Great potential cash flow on this solid block home near the Navy base in Pensacola. Currently rented for $750 per month, with approx. 8 months remaining on the lease, this would be a great addition to any investment portfolio! This home features 3 bedrooms, 1 bath, large kitchen, tile in all common areas, and a NEW ROOF will be installed prior to closing.Attention Investors! Great potential cash flow on this solid block home near the Navy base in Pensacola. Currently rented for $750 per month, with approx. 8 months remaining on the lease, this would be a great addition to any investment portfolio! This home features 3 bedrooms, 1 bath, large kitchen, tile in all common areas, and a NEW ROOF will be installed prior to closing.
LISTING CLOSED: 03/01/2019 12:00 AM

  1. Listed by Matt Robinson • MGRA Realty

Property Details for 516 Pelham Road

Status
MLS #
548056
Days on Market
1
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1952
Lot Size
0.22 AC / 9,435 SF
Architectural Style
Ranch
Zoning Description
Res Single

Recent comparable sales

Median sold price

$57,500

Avg days on market

43

Sale-to-list ratio

82.0%

Pensacola, FL

9 comparable properties found

a front view of a house with a garden
1/26
1

$52,100

Sold 04/20/26

3
Bedrooms
1,137
Square Feet
0.13
Acres
$66,000 | 608 Chaseville Street, Pensacola, FL 32507
1/2
2

$66,000

Sold 09/25/24

3
Bedrooms
1,024
Square Feet
0.36
Acres
a house with trees in the background
1/6
3

$55,000

Sold 10/03/25

3
Bedrooms
1,042
Square Feet
0.24
Acres
a view of a house with sitting area and a yard
1/10
4

$60,000

Sold 06/10/26

3
Bedrooms
1,100
Square Feet
0.22
Acres
$57,500 | 315 North A Street, Pensacola, FL 32501
1/21
5

$57,500

Sold 09/12/25

3
Bedrooms
1,102
Square Feet
0.11
Acres
$55,000 | 1920 West Maxwell Street, Pensacola, FL 32501
1/22
6

$55,000

Sold 03/21/25

3
Bedrooms
1,250
Square Feet
0.19
Acres
$60,000 | 2604 West Blount Street, Pensacola, FL 32505
1/22
7

$60,000

Sold 10/23/24

3
Bedrooms
1,318
Square Feet
0.23
Acres
a view of a backyard with a garden
1/11
8

$55,000

Sold 09/10/25

3
Bedrooms
921
Square Feet
0.25
Acres
a front view of house with yard and green space
1/13
9

$103,000

Sold 07/20/26

3
Bedrooms
1,146
Square Feet
0.15
Acres

Location

Listing Courtesy of MGRA Realty

Sold By LEGENDARY SALES, INC.

Add your commute

Building Information for 516 Pelham Road

Stories1Year Built1952Building Size-Lot Size0.22 AC / 9,435 SF

Payment Calculator

$384 per month

30 year fixed, 6.55% Interest

Principal and Interest

$279

Property Taxes

$105

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 516 Pelham Road

Summary
Location and General Information
  • Directions: North Navy Blvd. to Coast Road, Left on Old Corry Field, Right on Chaseville, Left on Pelham
  • Latitude: 30.40480445
  • Longitude: -87.27075983
  • Subdivision Name: Edgewater
Taxes and HOA Information
  • Tax Legal Description: LT 13 BLK 6A 1ST ADDN TO EDGEWATER PB 3 P 6 OR 6607 P 879 CA 179
  • Association: No
Parking
  • Parking Features: Driveway
  • Carport: No
  • Garage: No
  • Open Parking: Yes
School Information
  • Elementary School: Warrington Elementary
  • High School: Pensacola
  • Middle Or Junior School: WARRINGTON
Property
Lot Information
  • Construction Materials: Block
  • Levels: One
  • Lot Features: Central Access
  • Road Responsibility: County Maintained Road
  • Roof: Shingle
  • Cooling: Yes
  • Heating: Yes
  • Horse: No
  • New Construction: No
  • Property Attached: No
Property and Assessments
  • Documents Count: 1
  • Parcel Number: 372S301001013008
  • Homestead: No
  • Photos Count: 3
  • Property Condition: Resale
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Fencing: Back Yard
  • Foundation Details: Slab
  • Pool Features: None
  • Security Features: Smoke Detector(s)
Interior Features
  • Appliances: Electric Water Heater, Dishwasher
  • Cooling: Central Air, Ceiling Fan(s)
  • Flooring: Tile, Carpet
  • Heating: Central
  • Interior Features: Storage
  • Laundry Features: W/D Hookups
  • Stories: 1
Room Information
Room Information
  • Room Bathroom Features: Not Updated
  • Room Bedroom Area: 88.0
  • Room Bedroom Length: 8.0
  • Room Bedroom Level: First
  • Room Bedroom Width: 11.0
  • Room Dining Room Features: Living/Dining Combo
  • Room Kitchen Area: 120.0
  • Room Kitchen Features: Not Updated, Tile Counters
  • Room Kitchen Length: 12.0
  • Room Kitchen Level: First
  • Room Kitchen Width: 10.0
Room 1 Information
  • Room Bedroom 1 Area: 72.0
  • Room Bedroom 1 Length: 8.0
  • Room Bedroom 1 Level: First
  • Room Bedroom 1 Width: 9.0
Rental
Rental Information
  • Leasable Area Units: Square Feet
  • Rent Restrictions: No
  • Lease Considered: No

Property History for 516 Pelham Road

DateEvent & SourcePriceAppreciation
Mar 1, 2019

Sold

PENSACOLA #548056

$54,900
Feb 28, 2019

Sold (Public Record)

Public Record #640513448

$54,900

-1.6% / yr

Feb 17, 2019

Pending

PENSACOLA #548056

DateEvent & SourcePrice
03/01/2019

Sold

PENSACOLA #548056

$54,900
02/28/2019

Sold (Public Record)

Public Record #640513448

$54,900

-1.6% / yr

02/17/2019

Pending

PENSACOLA #548056

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

Public Records for 516 Pelham Road

Taxable ValueLand-Additions-Total-
Tax Record2024$1,264 ($105 / month)
Home Facts
Beds0Total Finished SqFt1,248 SqFtAbove Grade Finished SqFt1,248 SqFtStories1Lot Size9,453 SqFtStyleSingle Family ResidenceYear Built1952Year Renovated1985ZoningMDRCountyESCAMBIAAPN37-2S-30-1001-013-008

Schools near 516 Pelham Road

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

Warrington Middle School
Charter6 to 8

Pensacola High School
Public9 to 12

PENSACOLA STATE CHARTER ACADEMY
Charter9 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.

Similar Homes

New listings in 32507

$475,000 | 14326 Gardenglen Drive, Pensacola, FL 32507
1/47
New

$475,000

3
Bedrooms
1,741
Square Feet
0.11
Acres
$1,230,000 | 13621 Perdido Key Drive, Unit 1102W, Pensacola, FL 32507
1/57
New

$1,230,000

3
Bedrooms
1,768
Square Feet
$429,000 | 4613 Isles Drive, Pensacola, FL 32507
1/3
New

$429,000

3
Bedrooms
1,902
Square Feet
0.12
Acres
$265,000 | 506 East Sunset Avenue, Pensacola, FL 32507
1/28
New

$265,000

5
Bedrooms
1,417
Square Feet
0.24
Acres
$400,000 | 111 Gunwale Road, Pensacola, FL 32507
1/13
New

$400,000

4
Bedrooms
2,605
Square Feet
0.23
Acres
$765,000 | 10000 North Loop Road, Pensacola, FL 32507
1/71
Listed By Coldwell Banker RealtyNew

$765,000

4
Bedrooms
2,649
Square Feet
10.27
Acres
$314,700 | 200 Holmes Drive, Pensacola, FL 32507
1/33
New

$314,700

2
Bedrooms
Unavailable
Square Feet
Unavailable
Acres
$463,000 | 6041 Firefly Drive, Pensacola, FL 32507
1/67
New

$463,000

4
Bedrooms
2,560
Square Feet
0.25
Acres
$539,000 | 645 Lost Key Drive, Unit 1005, Pensacola, FL 32507
1/76
New

$539,000

Unavailable
Bedrooms
Unavailable
Bathrooms
1,485
Square Feet

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 516 Pelham Road, Pensacola, FL 32507
$54,900
3
1,215
9,435
$49,999
3
8,712
$20,000
2
0
$52,000
1
742
9,104
1
1,116
9,148
$19,900
1
810
8,930

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 MGRA 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.