Sold
Last Sold Price
2 beds962 sqft$270/sqft
7116 Pearson Rd, Unit 8, Pensacola, FL 32526
Multi FamilyProperty Type
1985Year Built
$270/sq ftPrice per sq ft

Description

Great Investment property. 2-4 Plexus on west side, convenient to NAS/Corry Field. Units Are 962 sq. ft. with 2 bedrooms and 2 baths. Renting for $595. per month each. Owner screens tenants. The approx. NOI is $35,000. per year. No Huds.Great Investment property. 2-4 Plexus on west side, convenient to NAS/Corry Field. Units Are 962 sq. ft. with 2 bedrooms and 2 baths. Renting for $595. per month each. Owner screens tenants. The approx. NOI is $35,000. per year. No Huds.
  • Listed by: Adrian Hammond • EXIT REALTY N.F.I - COMMERCIAL DIVISION
Listing closed: 08/08/2013 12:00 AM • Source: PENSACOLA, MLS#: 441228

Recent comparable sales

Median sold price

$205,000

Avg days on market

49

Sale-to-list ratio

98.0%

Pensacola, FL

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Location

Listing Courtesy of EXIT REALTY N.F.I - COMMERCIAL DIVISION

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Property Information for 7116 Pearson Road, Unit 8

Property Details
  • MLS Type: Residential Income / Apartment
  • Zoning Description: County
Building Information
  • Stories: 2
  • Residences: 8
  • Year Built: 1985
Summary
Location and General Information
  • Directions: W Fairfield--North on Patricia Dr.---right on Pearson Dr.--dead end ---on left.
  • Latitude: 30.440407
  • Longitude: -87.306473
  • Subdivision Name: None
Taxes and HOA Information
  • Association Fee Includes: Water/Sewer
  • Tax Legal Description: Lengthy in file.
  • Association: Yes
Parking
  • Parking Features: Front Entrance
  • Carport: No
  • Garage: No
School Information
  • Elementary School: Sherwood
  • High School: Pine Forest
  • Middle Or Junior School: BELLVIEW
Property
Lot Information
  • Building Name: None
  • Construction Materials: Frame
  • Frontage Length: Water Frontage(0)
  • Levels: Two
  • Lot Features: Cul-De-Sac
  • Lot Size Dimensions: 126X153
  • Interest Rate: .00%
  • Road Responsibility: County Maintained Road
  • Roof: Composition
  • Cooling: Yes
  • Heating: Yes
  • Home Warranty: No
  • Horse: No
  • New Construction: No
Property and Assessments
  • Documents Count: 0
  • Parcel Number: 192S311200200001
  • Photos Count: 2
  • Property Condition: Resale
  • Vacancy Allowance Rate: 10.00%
Utilities
  • Electric: Circuit Breakers
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Pool Features: None
  • Security Features: Smoke Detector(s)
Interior Features
  • Appliances: Electric Water Heater, Refrigerator
  • Bathrooms Partial: 0
  • Cooling: Central Air
  • Door Features: Insulated Doors
  • Flooring: Carpet
  • Heating: Central
  • Rooms Total: 5
  • Stories: 2
  • Window Features: Drapes
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
Income & Expenses Information
  • Net Operating Income: $411,121.00
  • Operating Expense: $16,000.00
  • Operating Expense Includes: Water/Sewer
  • Mtg Amt Offered: $.00
Rental
Rental Information
  • Leasable Area Units: Square Feet
  • Pets Allowed: No
  • Tenant Pays: Telephone
  • Lease Considered: No

Property History for 7116 Pearson Road, Unit 8

DateEvent & SourcePriceAppreciation
Aug 8, 2013

Sold

PENSACOLA #441228

$260,000
Jul 2, 2013

Pending

PENSACOLA #441228

Mar 24, 2013

Listed (Active)

PENSACOLA #441228

$295,000
DateEvent & SourcePrice
08/08/2013

Sold

PENSACOLA #441228

$260,000
07/02/2013

Pending

PENSACOLA #441228

03/24/2013

Listed (Active)

PENSACOLA #441228

$295,000

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

Schools near 7116 Pearson Road, Unit 8

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

Bellview Middle School
Public6 to 8

Pine Forest High School
Public9 to 12

Escambia Boys' Base
Public6 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: 7116 Pearson Road, Unit 8, Pensacola, FL 32526
$260,000
2
962
$630,000
2
962
$630,000
16
7,696
21,196
$150,000
2
1,382
10,193
2
2,005
10,193
$295,000
2
1,446
6,098

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 EXIT REALTY N.F.I - COMMERCIAL DIVISION

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.