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About This Home

This 2-bedroom, 2-bathroom single family at 1500 Johnson Ave unit: 221 in Pensacola, FL is listed for $139,900 ($130 per sqft). Built in 1984, the home offers 1,078 sqft of living space on a 7.41 acres lot.

Agent Description

Welcome to Unit 221 - a turnkey investment opportunity in a highly accessible area close to Univeristy of West Florida, West Florida Hospital, shopping and restuarants. This well-maintained unit features a newer HVAC system and hot water heater, along with low-maintenance tile flooring in the living room, kitchen, and baths, and wood floors and laminate throughout the remaining areas.

The flexible floor plan features both an eat-in kitchen and countertop bar that opens to a dining and living room with a wood-burning fireplace that adds charm and comfort. As an upstairs end unit, you will enjoy the additional outdoor living space and privacy of the screened porch that includes a storage closet.

The main hallway boast in-unit laundry and access to split plan bedrooms. The Main bedroom offers double closets, an ensuite bath, and vaulted ceilings for an added sense of space. This well-maintained unit offers comfort, convenience, and reliable rental income from day one.

Currently leased to an established tenant, Unit 221 provides a seamless transition for investors looking to expand their portfolio with minimal effort. Whether you're a seasoned investor or entering the rental market for the first time, this condo offers the ideal blend of stability and long-term potential in a desirable location with immediate, consistent rental income. Invest with confidence in a unit that is ready to perform from day one.

Key Features

  • Built in 1984
  • 7.41 acre lot
  • Fireplace

Property Details

1 story
2 full
#221
1984

Amenities

FireplaceA/C

Monthly Cost Estimate

$4,180/mo

20% down · 6.5% · 30 years

Principal$101
Interest$606
Insurance$41
HOA$3,432

Estimates only. Actual payments may vary.

Location

1500 Johnson Ave unit: 221

Pensacola, FL 32514

Lake Chateau Estates

Property Details

Construction

Frame

Pool Features

Porch

Parking

Guest

Heating

Fireplace(s)Central

Cooling

Ceiling Fan(s)Central Air

Appliances

Electric Water HeaterDishwasherRefrigerator

Questions & Answers

This 2-bedroom, 2-bathroom single family at 1500 Johnson Ave unit: 221 is listed at $139,900 ($130/sqft). The estimated monthly payment is $4,038 based on 20% down at 6.5% interest.

HOA fees are $3432/month.

Key features include: Built in 1984, 7.41 acre lot, Fireplace.

This property is listed by Elizabeth Ranieri-Sorrells and can be reached at 850-525-7570 or Elissa.ranieri.realtor@gmail.com.

ER

Elizabeth Ranieri-Sorrells

Agent at REMAX Select Partners

(850) 525-7570

Listed by REMAX Select Partners

MLS# 674501· Source: listhub· Updated 127 days ago

Copyright © 2026 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1500 Johnson Ave unit: 221, Pensacola, FL 32514

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