Address
115 Milton Road, Pensacola, FL
Price
$ 214,900
Property Attributes
  • MLS#1011311
  • TypeSingle Family
  • Listing Status Active
  • CountyEscambia
  • CityPensacola
  • AreaEscambia County
  • NeighborhoodAERO VISTA 2ND ADDN
  • Zip32507
  • StyleFlorida Cottage
  • Year Built1951
  • Price$ 214,900
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage970
  • Lot Size0.19 Acres
Data Source:
Emerald Coast MLS (ECAR)
Property Description

Fresh Improvements. Proven Rental History. Fully Furnished Option. Minutes from Historic Downtown Pensacola. Priced at $214,900, this 2-bedroom, 1-bath cottage offers an appealing combination of affordability, location, flexibility, and rental potential. Whether you're a first-time homebuyer, looking to downsize, searching for a second home, or considering an investment property, this 980-square-foot home is worth a fresh look. The property has recently undergone significant foundation and structural improvements completed with the guidance of an engineer, along with a new subfloor, new LVP flooring, and fresh interior paint. After several months off the market while this work was completed, the home is back with important improvements already addressed. Inside, the open-concept layout offers comfortable and versatile living space, with a bonus area that can serve as a home office, dining area, hobby space, or flex room. The renovated kitchen features cabinetry and stainless-steel appliances, while the renovated bathroom offers modern, contemporary finishes. A 2021 architectural shingle roof, updated HVAC, and newer water heater add additional peace of mind. The outdoor space adds even more versatility. Welcoming front and back porches provide inviting places to relax, while the spacious backyard features mature tropical landscaping, partial fencing, and a generous storage shed on an extended concrete slab. The extended slab also creates a private outdoor area with space for chairs, a firepit, entertaining, or a variety of other uses. For investors, the property's rental appeal is already established. It has been successfully operated as a furnished mid-term rental for several years, offering a proven rental history and an opportunity for a new owner to continue that use. The property also offers short-term rental potential, and could sleep 6-8 comfortably, subject to applicable regulations and requirements. For maximum convenience, the home is available fully furnished and turnkey, allowing a buyer to step into a ready-to-use home or rental setup. And the location is hard to beat. Just minutes from Historic Downtown Pensacola, Palafox Street, NAS Pensacola, and Pensacola Beach, you'll have easy access to restaurants, markets, entertainment, waterfront activities, military facilities, and some of Pensacola's most popular destinations. And yes, the occasional Blue Angels flyover is a memorable local bonus! At $214,900, this is an opportunity to own a manageable, centrally located home with meaningful recent improvements, established rental history, and the flexibility to make it your home, your second home, or your next investment.

Elementary School Middle School High School
Warrington Elementary School Warrington Middle School Pensacola High School
Price History
9/4/2026 Listed $214,900

General Features

Utilities Public Water
Zoning Resid Single Family
Property Subtype Detached Single Family
County Escambia
Property Type Residential
Subdivision Name AERO VISTA 2ND ADDN
Status Active
Buyer Financing Conventional,FHA,VA,Other
Directions South on Barrancas Ave, turn right onto Milton Rd., property on left .3 miles.
High School Pensacola
City Pensacola
MLS Area 08 - Escambia County
Lot Size Units Acres
Lot Size Square Feet 8276.4
Elementary School Warrington
Middle/Junior High School Warrington
MLS Area Minor 0806 - 32507
Standard Status Active
Sewer Public Sewer
Heating Central,Natural Gas
Cooling Central Air
Patio/Porch Features Porch Open
Architectural Style Florida Cottage
Construction Materials Block,Siding Vinyl
Year Built 1951
Stories Count 1
New Construction false
Total Rooms 4
Carport Y/N false
Property Condition Construction Complete
Virtual Tour https://www.zillow.com/view-imx/1670c5a7-2a18-404f-8b8c-9a7e6d6af40c?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Interior Features

Total Baths 1
Flooring Floor Vinyl
Air Conditioning Y/N true
Heating Y/N true
Furnished Y/N Furnished - All

Exterior Features

Lot Features Interior,Irregular
Lot Size Area 0.19
Lot Dimensions 65x134.95x59.31x125.41
Lot Size Acres 0.19
Road Surface Type Paved
Road Frontage Type City Street
Exterior Amenities Yard Building
Fencing Fenced Chain Link,Fenced Lot-Part
Building Area Total 970
Total Parking 4

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 32507

Price
AVG $590K
$210K
Year Built
AVG 1995
1951