Kevin Fox Property
Listed by Kevin Fox Property
$650,000
50 Fulton Ave Building B
Details
APN 271s301201004002
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,780
Units 4
Cap Rate 7.00%
Price per SqFt $180
Year Built 2025
Stories 1
Acreage 0.250
Zoning Res Multi
Parking Spaces 1 spaces
Parking per 1,000 SqFt 0.26
Multifamily | 7.00% CAP | 4 Units
Marketing description
Brand-New Quadplex in the Heart of Pensacola – Prime Investment Opportunity! Now is your chance to secure a high-performing asset in one of Florida’s fastest-growing markets. This brand-new quadplex is an investor’s dream — turnkey, thoughtfully designed, and strategically located in the heart of Pensacola, FL. Each of the four units offers 2 bedrooms and 1 full bath under 1,000 sq ft, ideal for attracting a wide range of long-term tenants — from military personnel stationed nearby, to young professionals, retirees, and working families seeking quality, affordable living in a thriving area. This project is surrounded by fully leased multifamily properties, proving strong rental demand and high occupancy in the neighborhood. With Pensacola’s steady population growth, low vacancy rates, and booming rental market, this asset is poised to generate immediate cash flow and deliver solid returns for years to come. Highlights include: 100% new construction – low maintenance, high appeal State-of-art sprinkler system great for peace of mind and insurance cost Centrally located with quick access to downtown, military bases, hospitals, and major employers Strong rental comps in a neighborhood of similar, fully occupied multifamily homes Perfect for 1031 exchange, portfolio expansion, or a first-time multifamily investor Don’t miss the chance to own a brand-new, cash-flowing property in one of the Gulf Coast’s most sought-after cities. Schedule your walk-through today and get in before completion!
Listing Contacts
Kevin Fox Property
Listed by Kevin Fox Property
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