501 E Government St, Pensacola, FL 32502

$650,000
4
BD
3
BA
2,271
SqFt
List Price
$650,000
MLS#
590868
Status
ACTIVE
Type
Single Family Residential
Year Built
1908
Acres
0.0948
City
Pensacola
Subdivision
Old City Tract
Bedrooms
4
Bathrooms
3

Property Description

Location, elevation, and timing… did I mention LOCATION?!?! Situated one block from Seville Square, 9 doors to be exact, this historic raised wood frame Gulf Coast Cottage with its deep front porch will take you back to a time when life was simpler, and the warm summer air beckoned high ceilings and large opened windows overlooking lively streets. Built in 1908, this stately 2,271 square foot home sits on the corner of E Government St. and S Florida Blanca. What makes this property unique is the four well propertied bedrooms and three full baths, practically impossible to find in Pensacola’s surrounding Seville neighborhood. The current owners purchased this cottage in 2013 and completed much heavy lifting; upgrades include two new Carrier HVAC systems, two new Gree mini splits, all new custom windows, new metal roof by Professional Roofing Co., plus two new water heaters, both electrical and a gas Rinnai. The property has been completely re plumbed including a complete rewire of the electrical allowing its new owners to be prepped and ready for the layout of their future kitchen. This historic cottage is a blank slate, the property has been stripped and opened, making it an easy canvas for its new owners’ future vision. Zoned HC-1, “501 E Government St” is perfect for either commercial office or residential use. Truly, this piece of real estate is one of the last opportunities to own a historic property on a million-dollar street in downtown’s most desired location. Although there is still much to do, and it would be a sizeable investment, the finished product would create significant equity. You would be making a very sound investment that you could enjoy for years to come. Be a part of all that the downtown lifestyle has to offer.

Additional Information

Style
COTTAGE
High School
Pensacola
Living Area
2,271
Lot Description
CORNER
Interior Features
HIGH CEILINGS, LAUNDRY INSIDE, W/D HOOKUPS, WALK-IN CLOSET
Kitchen Features
NONE
Floors
HARDWOOD, VINYL
Cooling
2+ UNITS, CENTRAL ELECTRIC
Heating
CENTRAL ELECTRIC
Exterior Features
PORCH, COVERED DECK
Waterview Description
None
Waterfront Type
NONE
Exterior
WOOD
Roof
METAL
Pool Description
NONE
Parking
2 SPACE/UNIT, SIDE ENTRANCE
Elementary School
Global Learning Academy
High School
Pensacola

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of RE/MAX HORIZONS REALTY.

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