716 S M St, Pensacola, FL

About 716 S M St

Both properties are situated on a large half acre lot in front of The Pensacola Yacht Club Pensacola’s beloved classic neighborhoods. 1820 Cypress St. (Home next door) is included in this sale. Both properties will be sold together. Offers classic charm with a maritime flair which offers opportunity to investors (commercial and residential), developers, historians, & generational families. Along with the opportunity to redevelop the land with multi-family housing. Step through the porch into the spacious great room offering tongue and groove ceiling, crown molding and floor-to-ceiling windows complete the historic beauty. Across from the great room, a sitting area stands by to receive guests. The kitchen features modern stainless steal appliances, plenty of tiled counter space, a breakfast bar, a central island with a gas range, and abundant storage. The primary bedroom of this home is just past the sitting area, with a full bath ensuite. Beyond the kitchen, french doors open to a walkthrough bedroom that connects to an enormous room with ensuite bath at the rear of the home, perfect for a kids room, inlaw suite or workspace. Upstairs, a fourth bedroom and large bathroom connect to a loft landing space. Doors open from the bedroom to an upstairs balcony overlooking the front lawn. You’re a five minute drive from both the Country Club & Downtown Pensacola. This home’s location and layout makes it a profitable income producing property. Close off the back room and turn the space into a studio apartment for a second source of income or have two income producing properties in one. The home offers opportunity to developers and Investors looking for commercial space (Zoned R-2 Residential/office land use district) and development locations. See attached link for uses permitted and purpose of zoning district.

Listing Map