We are selling our equitable interest in

203 Algiers St, Pensacola FL 32505

🚨 Asking $87,000 — Buy it now for $90,000 

COE 7/10/25

EMD $2,500 cash, $5,000 HM

🏡 Investment Opportunity: 3BR Fix & Flip or Buy & Hold in Pensacola, FL

📍 Location: Pensacola, FL
🏠 Property Type: Single-family residential
🧱 Construction: Slab-on-grade foundation, brick veneer exterior, asphalt shingle roofing
💰 Asking Price: $87,000
📸 Photos: View Property Photos

🔍 Property Details:

• Bedrooms/Bathrooms: 3 Beds / 1.5 Baths
• Living Area: 1,398 sq ft
• Lot Size: 0.25-acre corner lot
• Features: Two backyard sheds, fenced yard, mature garden and landscaping

🔧 Estimated Repairs Needed:

• Roof replacement
• HVAC system installation
• Electrical updates: aluminum wiring with some ungrounded circuits
• Window replacement: aluminum pane windows
• Kitchen and bathroom renovations
• Flooring: existing tile is non-uniform throughout

💼 Investment Strategies:

• Fix & Flip: Ideal for investors aiming for maximum profit through property renovation and resale.
• Buy & Hold: Suitable for building equity and generating rental income over time.

📊 Comparable Sales (ARV Estimation):

1. 234 Broussard St
   • 3 Beds / 3 Baths / 1,391 sq ft
   • Sold for $185,000 on Nov 6, 2024
   • Zestimate: $182,300
2. 1013 Webster Dr
   • 3 Beds / 1 Bath / 1,225 sq ft
   • Sold for $175,000 on May 1, 2025
   • Zestimate: $175,000
3. 262 Fennel St
   • 4 Beds / 2 Baths / 1,296 sq ft
   • Sold for $188,000 on Mar 27, 2025
   • Zestimate: $187,400

🧮 Estimated After Repair Value (ARV): Approximately $170,000 – $190,000

📞 Contact Information:

For more details or to schedule a viewing, please contact:

• Name: Greg Baker
• Phone: (850) 485-6577
• Email: greg@2dogsre.com

🚀 Don’t Miss Out on This Investment Opportunity!

This property offers significant potential for investors looking to capitalize on the Pensacola real estate market. With comparable properties selling between $175,000 and $188,000, there’s ample room for profit after renovations.

Note: All information provided is deemed reliable but not guaranteed. Investors should perform their own due diligence.

“Buy It Now” stops any open inspections and avoids the price war.

Review our buying process here