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About This Home

This 3-bedroom, 1-bathroom single family at 505 S 2nd St in Pensacola, FL is listed for $195,000 ($130 per sqft). Built in 1939, the home offers 1,502 sqft of living space on a 0.14 acres lot.

Agent Description

Location, location, location! The colorful 3 bedroom, 1 bath cottage is just outside front gate Naval Air Station and minutes to downtown and the sandy beaches of Perdido Key. Sit on your expansive front porch and enjoy your partial views of Bayou Davenport.

The home is located a half block from the boat launch and has a covered 1 car carport and a detached one car garage. There is also room to park your boat, jet skis or RV if needed. The interior has beautiful solid wood, and wood laminate flooring, as well as wood ceilings.

The front bedroom has an adorable stained glass entry door, ceiling fan and cedar closet. The bathroom has tile flooring and a walk in tub/shower combination. There is a living room, formal dining room and eat in kitchen with gas range and refrigerator.

The interior laundry room is located on the back of the the home and the washer/dryer are included. Step out back to the covered back exit with fully fenced yard. The 8 ft portion of privacy fence was just installed in Jan 2025. The picnic table conveys. The metal roof was replaced in 2019, the hvac was replaced April 2024, and there is copper wiring. This would be a great vacation rental, investment property or personal home.

Key Features

  • Built in 1939
  • 0.14 acre lot
  • 2 parking spaces
  • Waterfront

Property Details

1 story
1 full
2 spaces
1939

Amenities

WaterfrontViewA/CRV Parking

Monthly Cost Estimate

$1,043/mo

20% down · 6.5% · 30 years

Principal$141
Interest$845
Insurance$57

Estimates only. Actual payments may vary.

Location

505 S 2nd St

Pensacola, FL 32507

New Warrington

Property Details

Construction

Frame

Views

Water

Pool Features

Porch

Parking

GarageCarportBoat

Heating

Central

Cooling

Ceiling Fan(s)Central Air

Appliances

Gas Water HeaterDryerWasherRefrigerator

Questions & Answers

This 3-bedroom, 1-bathroom single family at 505 S 2nd St is listed at $195,000 ($130/sqft). The estimated monthly payment is $845 based on 20% down at 6.5% interest.

Key features include: Built in 1939, 0.14 acre lot, 2 parking spaces, Waterfront.

This property is listed by Valerie Waddell and can be reached at 225 850-456-4526 or valerie@waddellrealty.com.

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Valerie Waddell

Agent at Waddell Realty, LLC

225 850-456-4526

Listed by Waddell Realty, LLC

MLS# 676602· Source: listhub· Updated 77 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.

505 S 2nd St, Pensacola, FL 32507

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