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50 Fulton Ave 4 Unit Apartment Building $890,311 CAD ($222,578 CAD/Unit) 9.42% Cap Rate Pensacola, FL 32503



Executive Summary
Brand-New Quadplex in the Heart of Pensacola – Prime Investment Opportunity! PROJECTED CAP RATE 9%
Now is your chance to secure a high-performing asset in one of Florida’s fastest-growing markets. This brand-new quadplex is an investor’s dream — turnkey, thoughtfully designed, and strategically located in the heart of Pensacola, FL.
Each of the four units offers 2 bedrooms and 1 full bath under 1,000 sq ft, ideal for attracting a wide range of long-term tenants — from military personnel stationed nearby, to young professionals, retirees, and working families seeking quality, affordable living in a thriving area.
This project is surrounded by fully leased multifamily properties, proving strong rental demand and high occupancy in the neighborhood. With Pensacola’s steady population growth, low vacancy rates, and booming rental market, this asset is poised to generate immediate cash flow and deliver solid returns for years to come.
Highlights include:
100% new construction – low maintenance, high appeal
State-of-art sprinkler system great for peace of mind and insurance cost
Centrally located with quick access to downtown, military bases, hospitals, and major employers
Strong rental comps in a neighborhood of similar, fully occupied multifamily homes
Perfect for 1031 exchange, portfolio expansion, or a first-time multifamily investor
Don’t miss the chance to own a brand-new, cash-flowing property in one of the Gulf Coast’s most sought-after cities. Schedule your walk-through today and get in before completion!
Now is your chance to secure a high-performing asset in one of Florida’s fastest-growing markets. This brand-new quadplex is an investor’s dream — turnkey, thoughtfully designed, and strategically located in the heart of Pensacola, FL.
Each of the four units offers 2 bedrooms and 1 full bath under 1,000 sq ft, ideal for attracting a wide range of long-term tenants — from military personnel stationed nearby, to young professionals, retirees, and working families seeking quality, affordable living in a thriving area.
This project is surrounded by fully leased multifamily properties, proving strong rental demand and high occupancy in the neighborhood. With Pensacola’s steady population growth, low vacancy rates, and booming rental market, this asset is poised to generate immediate cash flow and deliver solid returns for years to come.
Highlights include:
100% new construction – low maintenance, high appeal
State-of-art sprinkler system great for peace of mind and insurance cost
Centrally located with quick access to downtown, military bases, hospitals, and major employers
Strong rental comps in a neighborhood of similar, fully occupied multifamily homes
Perfect for 1031 exchange, portfolio expansion, or a first-time multifamily investor
Don’t miss the chance to own a brand-new, cash-flowing property in one of the Gulf Coast’s most sought-after cities. Schedule your walk-through today and get in before completion!
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $890,311 CAD | Property Subtype | Apartment |
| Price Per Unit | $222,578 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.36 AC |
| Cap Rate | 9.42% | Building Size | 3,680 SF |
| Gross Rent Multiplier | 9.4 | No. Stories | 1 |
| No. Units | 4 | Year Built | 2025 |
| Property Type | Multifamily | Parking Ratio | 1.09/1,000 SF |
| Zoning | HDMU | ||
| Price | $890,311 CAD |
| Price Per Unit | $222,578 CAD |
| Sale Type | Investment |
| Cap Rate | 9.42% |
| Gross Rent Multiplier | 9.4 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.36 AC |
| Building Size | 3,680 SF |
| No. Stories | 1 |
| Year Built | 2025 |
| Parking Ratio | 1.09/1,000 SF |
| Zoning | HDMU |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | 930 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Total Assessment | $695,240 CAD (2025) | |
| Land Assessment | $52,254 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $642,986 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Numbers
Land Assessment
$52,254 CAD (2025)
Improvements Assessment
$642,986 CAD (2025)
Total Assessment
$695,240 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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50 Fulton Ave
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