Address
1106 Dr Martin Luther King Jr Dr, Pensacola, FL
Price
$ 300,000
Property Attributes
  • MLS#686604
  • TypeSingle Family
  • Listing Status Active
  • CountyEscambia - Fl
  • CityPensacola
  • AreaEscambia - Fl
  • NeighborhoodEast King Tract
  • Zip32503
  • StyleTraditional
  • Year Built1918
  • Price$ 300,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1524
  • Lot Size0.18 Acres
Data Source:
Pensacola Association of REALTORS® (PARMLS)
Property Description

RARE INVESTMENT OPPORTUNITY - Each side rents for $1525/month - 12% ROI ANNUALLY!! This duplex is perfectly positioned between downtown and East Hill - WALKING DISTANCE TO BOTH - while only being 10 minutes from Pensacola Beach! Whether you are interested in house hacking, double short term renting on Airbnb, or doing a traditional rental on both units, this property offers exceptional flexibility, strong income potential, and an unbeatable location for both investors and owner-occupants alike. This property offers turn of the century charm with a modern interior. Pulling up, each unit has their own private front porch - perfect for relaxing with a cup of coffee after a long day. Stepping inside you are welcomed by the central living space featuring an updated kitchen and plenty of space for a dual dining and living room setup. Throughout the house there is NO CARPET, and the bathrooms on both sides are updated as well. The yard is spacious and provides a blank canvas for whatever project you may have in mind! Stop on by and see why this property is perfect for your next purchase!

Elementary School Middle School High School
Global Learning Academy Elementary School WORKMAN Middle School Pensacola High School
Price History
7/28/2026 Listed $300,000

General Features

Living Area 1524
Sewer Public Sewer
Heating Central
Cooling Multi Units,Wall/Window Unit(s),Ceiling Fan(s)
Roof Shingle
Appliances Water Heater,Gas Water Heater
Architectural Style Traditional
Pool Features None
Construction Materials Frame
Year Built 1918
Electric Copper Wiring
Stories Count 1
Levels One
Property Subtype Single Family Residence
Assoc Fee Paid Per Annually
County Escambia - Fl
New Construction false
Property Type Residential
HOA false
Subdivision Name East King Tract
Garage Y/N false
Full Baths 2
Status Active
Directions Heading south on I-10 take the right hand exit toward Cervantes. Turn left onto Cervantes and take an immediate left onto N Hayne St. Take the fourth right onto Brainerd and then take an immediate right onto Dr MLK. Home is on the left.
High School Pensacola
City Pensacola
Zoning Description City,Res Multi
Lot Size Units Acres
Lot Size Square Feet 7840.8
Carport Y/N false
Elementary School Global Learning Academy
Property Attached Y/N false
Co-Listing Agent Last Name ERIK
Co-Listing Agent Last Name Petrovich
Showing Instructions See Agent Notes
Middle/Junior High School WORKMAN
Property Condition Resale
Lease Considered Y/N false
Listing Agent Name Eli Petrovich
Co-Listing Agent Erik Petrovich
Building Area Units Square Feet
Primary Bedroom Level First
Living Area Units Square Feet
Standard Status Active

Interior Features

Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 4
Kitchen Features Remodeled
Total Baths 2
Dining Room Features Living/Dining Combo
Primary Bedroom Area 196
Primary Bedroom Length 14
Primary Bedroom Width 14

Exterior Features

Parking Features Driveway
Lot Features Central Access
Water Source Public
Lot Size Area 0.18
Foundation Details Off Grade
Building Area Total 1524
Lot Size Acres 0.18
Road Surface Type Paved
Road Responsibility Public Maintained Road
Horse Y/N false

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 32503

Price
AVG $490K
$300K
Year Built
AVG 1970
1918

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