8511 Cherry Ave, Pensacola, FL 32534

$80,000
3
BD
1
BA
1,368
SqFt

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Sold Price
$80,000
List Price
$130,000
Closing Date
Jun 08, 2026
MLS#
681305
Status
SOLD
Type
Single Family Residential
Year Built
1958
Acres
0.16
City
Pensacola
Bedrooms
3
Bathrooms
1

Property Description

SELLER REQUESTS HIGHEST & BEST OFFER BY: 05/07/2026 AT 12PM. Investors and visionaries, take note of this exceptional opportunity in one of Pensacola’s most active growth corridors. Priced specifically for the savvy investor, this property serves as a perfect canvas for a high-yield project with major system updates already completed, including an UPDATED ROOF, HVAC system, and WINDOWS! The neighborhood’s transformation is evident, with extensive redevelopment and new construction occurring directly on Cherry Ave and the surrounding blocks, signaling a strong upward trend in local property values. The home sits on a generous lot, offering the versatility needed for a modern renovation or a strategic buy-and-hold. A standout feature is the unique flex area that previously served as a bedroom. With its own exterior door providing direct access to the front porch, this bonus space is easily converted back into a bedroom, home office, or guest suite with private access. Plumbing is nearby and presents potential for adding an additional bathroom. The location ensures strong demand, providing quick access to the I-10 interchange, Nine Mile Road, and major employers including Navy Federal Credit Union in Beulah, International Paper in Cantonment, Ascend, and the new Baptist Hospital. Whether you are looking to capitalize on area momentum with a flip or add a reliable asset to your rental portfolio, the potential here is undeniable. Secure this property in the path of progress at an attractive price point before the next wave of revitalization is complete.

Additional Information

Style
Ranch
High School
Pine Forest
Living Area
1,368
Lot Description
Central Access
Cooling
Central Air, Wall/Window Unit(s)
Heating
Central
Roof
Flat
Pool Description
None
Parking
Driveway

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Calculator source: Real Geeks

Listing courtesy of KELLER WILLIAMS REALTY GULF COAST. Selling Office: OUTSIDE AREA SELLING OFFICE.