4916 Saufley Field Rd Apartment Building $608,210 CAD 22% Cap Rate Pensacola, FL 32526

A Rare Mixed-Use Opportunity in Pensacola! Offered near land value and zoned HDMU, this unique property provides exceptional flexibility for investors, owner-users, business owners, or those seeking a versatile live/work opportunity.
The property features a ±1,200 SF completed 3-bedroom, 2-bath residence ready for immediate occupancy or rental potential with some TLC. The remaining structure provides a blank canvas for future completion, expansion, or customization based on the buyer’s vision.
Built circa 2011-2014, the custom residence showcases durable construction with solid concrete walls, a 4-foot foundation, hurricane-rated Pella windows, and a metal roof. Additional highlights include a deep swimming pool, expansive circular driveway with abundant parking, and excellent visibility along Saufley Field Road.
A separate 600± SF private entrance suite, currently configured as a hair salon/artist studio, includes a kitchenette and full bathroom, providing immediate business-use potential or additional income opportunity.
With HDMU zoning allowing a variety of permitted uses, including professional, medical, retail, and residential opportunities, this property offers exceptional flexibility for a live/work compound, private estate, investment opportunity, or future expansion. Conveniently located near NAS Pensacola, the University of West Florida, beaches, shopping, dining, hospitals, and major transportation corridors.