• Asking Price See Price
  • Estimated Value: $226,658

  • 3 Beds 1 Bath 919 SqFt
  • Single Family Home / Owner Financing

Property Details for PAYNE St, PENSACOLA, FL 32507



Pre-Foreclosure Info


This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.

You're going to love this move-in ready, charming Navy Point cottage home. Either as an investment property (looking to double in next 8-10 yrs, it's history consists of being a short term rental at $1000/ week as well as a long term rental at $1100/ mth. It has immeasurable potential which you'll mould (with your own DIY ideas) or bring your own flair. Bring what you may, just go ahead and bring it...all to life, truly making it YOUR home! Hardwood floors throughout with the exception of the kitchen and bathroom which are tiled, the laundry room is laminated. The bathroom, kitchen and laundry room have updated paint, cabinets, light fixtures, plumbing, sinks and countertops. Each bedroom & living room has fans. All windows are double-hung for easy cleaning, as well as being double-paned. New on-demand tankless gas water heater. New home security system with additional sensors for flood, fire and breaking glass, one touch screen in the master bedroom and digital panel in the kitchen. New HVAC installed 2011. The laundry room, off the kitchen, is also heated and cooled, this will bring the total square footage to 919 for the entire home. The 10x10 metal storage shed fits a four-wheeler yet still have ample room for your riding lawn mower and the already stored hurricane shutters. Re-build NW Florida program was utilized and the home was secured with a front egress door, roof-deck attachments, gable end bracing, reinforced roof to wall connections and 24 gauge galvanized steel hurricane shutters. The electrical wiring is up to code and the architectural shingles have approximately seven years of life remaining. There was mention that the impact fee for the conversion from septic to city will be waived for the new owner. Navy Point offers a 2.5 mile dog walking/ biking trail with work-out and dog bag stations along the way. The county beautifully maintains the grounds at no cost so no association fees will need to be paid. The Bayou coastline is lined with live oak trees, there are beaches, some secluded, dotted along the shoreline; it's a fabulous walk for your dog, read a book or go fishing! Makes you feel like you're on holiday the whole year-round. The home is located one block from the public access boat launch. There is ample parking at home behind the wooden eight-foot privacy fence, one walk-thru gate is located on the side of the home as well as a two gate car accessible gate to the rear. Lastly, one gate is located in the rear of the property leading to Navy Point alleyway system. One of my favourite highlights at home is Wednesdays; it's like having my own personal air show in the back garden...The Blue Angels! Respect out to the lads and ladies my gratitude to all of you for your service! A MUST SEE property, come make it yours! Home was originally placed on the market but due to family circumstances it was removed. Now all has been cleared and I no longer will be living in Pensacola so it's a must sell now situation. I'm offering discounts for cash sales. No VA or FHA loans accepted. If you only have partial cash I will negotiate for owner financing on balance.

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