# 304 W Cervantes St, Pensacola, FL 32501

> **TL;DR:** residential multi family, $449,000, built 1970. Est. $1,946/mo. Listed 60 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $449,000 |
| Year Built | 1970 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 60 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,946 |
| **Total** | **$1,946** |

## Nearby Schools

- **Elementary:** Global Learning Academy
- **Middle:** WORKMAN
- **High:** Pensacola

## Property Highlights

- Built in 1970

## Description

### Agent Description
Great opportunity! Fantastic location only 8 blocks North of Garden St, and 3 blocks West of Palafox St. Zoned PR-2 North Hill Preservation Multiple-Family District. Currently utilized as a business office, this house can be made into a multi-family property with a 2BR/1.5BA and a 1BR/1BA...or a combination. Use 1 side as a residence, and the other side as an office or rental. Would be a great location for short-term rentals. This property had a 1000sqft addition on built-up slab in 2000, and a major update in 2018, including new roof.

## Location

- **Address:** 304 W Cervantes St, Pensacola, FL 32501
- **County:** Escambia - Fl
- **Neighborhood:** North Hill
- **Coordinates:** 30.42081325, -87.22151617
- **Google Maps:** https://www.google.com/maps?q=30.42081325,-87.22151617

## Listing Agent

- **Name:** Frasier Phelps
- **Brokerage:** Berkshire Hathaway Home Services PenFed Realty
- **Phone:** (850) 932-6278
- **Email:** jfpii@bellsouth.net

## Primary Photo

![304 W Cervantes St - Primary Photo](http://lh.rdcpix.com/da356ad79620928b8a0f037cd70611e4l-f907596320r.jpg)

*57 total photos available on [listing page](https://www.propertysimple.com/listing/304-w-cervantes-st-pensacola-fl-32501-l677377)*

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**MLS#:** 677377 | **Updated:** 2026-04-26
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/304-w-cervantes-st-pensacola-fl-32501-l677377)

---

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