(850) 473-3983

Multi-Family Properties for Sale in Pensacola, Florida

Multi family investment properties for sale in Pensacola, Florida

I ran across this article on Bigger Pockets recently entitled "Here's Why I'll Never Sell My Multifamily Investment Properties" and thought it was really telling as to why there's always low inventory in the small to midsize multi-family sector. Most investors, especially the seasoned investors, are in the landlord game for the long haul as this gentlemen is.  The end game is passive retirement income. Sure, it ebbs and flows, and some years are better than others, but over time, the reward is worth the pay off as long as you purchased a property in good condition in a good location and have active management. 

Duplex, triplex, fourplex, and other multi-family owners tend to purchase and hold for long term making less opportunities for others to get into multi-family housing.

Looking at sales prices of duplexes and quads over the last ten years:

2007   Duplexes: 51   Average Sales Price $144,209   Quads: 38  Average Sales Price $223,275

2008   Duplexes: 17   Average Sales Price $139,712   Quads: 12  Average Sales Price $159,200

2009   Duplexes: 18   Average Sales Price $94,338    Quads: 16  Average Sales Price $149,227

2010   Duplexes: 28   Average Sales Price $53,089    Quads: 11  Average Sales Price $99,750

2011   Duplexes: 26   Average Sales Price $47,319    Quads: 12  Average Sales Price $112,650

2012  Duplexes: 30   Average Sales Price $84,715     Quads: 14  Average Sales Price $96,279

2013  Duplexes: 33   Average Sales Price $74,076     Quads: 19  Average Sales Price $96,766 

2014  Duplexes: 49   Average Sales Price $80,440     Quads: 19  Average Sales Price $88,400

2015  Duplexes: 30   Average Sales Price $76,670     Quads: 22  Average Sales Price $98,851 

2016  Duplexes: 44   Average Sales Price $107/521   Quads: 17  Average Sales Price $164,770

2017  Duplexes: 55   Average Sales Price $142,582    Quads: 18  Average Sales Price $174,851

Looking at some stats on Pensacola MLS this year, 76 multi-family properties sold YTD at an average sales price of $201,600. Currently active, there are 42 multi-family properties with an average listing price of $290,273.

We've been getting so many calls and emails from investors trying to locate income producing multi-family investments in the Northwest Florida area. We are having an increasingly hard time finding our clients investment properties that cash flow and make sense as prices and interest rates continue to increase. If you have a duplex, triplex, fourplex, or other apartment in the Pensacola area, we can find a buyer for you. Looking at the last ten years of multi-family sales, now may be a good time to sell. 

If you're interested in purchasing a small or midsize multi-family property, reach out to Pam in our office as she's always on the hunt!

Nicole St. Aubin
The Realty Masters of FL Team
#1 in Pensacola Property Management and Leasing! 
Rental Office 4400 Bayou Blvd. #58B, Pensacola, FL 32503  (850) 473-3983 www.PensacolaRealtyMasters.com
Sales Office 4400 Bayou Blvd. #52B, Pensacola, FL 32503  (850) 453-9220 www.RealtyMastersofFlorida.com
Follow us on Facebook ~ Twitter ~ YouTube 

originally posted 09-27-2018

05-15-2019
Nicole St. Aubin
Multi-family
08-06-2019

  • Renters Insurance
  • Hurricane Insurance
  • Landlords
  • Community
  • Mailbox Key
  • Real Estate Investments
  • Wear & Tear Versus Damage
  • Pest Control
  • Moving Resources
  • Blue Angels
  • Rents in Downtown Pensacola
  • Rent Assistance
  • Listing your Home for Sale and/or Rent
  • New Year's Resolutions
  • Hurricane Michael
  • Smoke Detectors
  • Key Safety
  • Downsizing
  • Holiday Events
  • Septic Tanks
  • Gulf Power Outage Map
  • Moving Tips
  • Burning Outdoors
  • Lawn care
  • Multi-family
  • Fall Events
  • #spotthebear
  • Safety
  • HOA
  • School Grades
  • Bulk Item Pick Up
  • Housing Scams
  • Subleasing
  • Steps for First Time Home Buyers
  • 20 Year Anniversary
  • HVAC
  • House Hunting Tips
  • Real Estate Market
  • Seminars and Personal Assistant
  • Rent or Sell
  • Pensacola area Zip Codes
  • Build Credit
  • New Construction in Pensacola
  • Energy Tips
  • How to Find HOA Rules
  • Preparing for Freeze
  • Holiday Safety Guide
  • Maintenance Do's and Dont's
  • Home Warranties
  • Credit Score
  • Roads
  • Unapproved Dog List
  • Maintenance Tips
  • Pensacola Rental Inventory
  • Home Buying
  • Tenants
  • Pensacola Rental Homes
  • Beulah Middle School Construction
  • Safety Tips
  • Things to Do
  • Realty Masters Team
  • Item Donations
  • Pensacola Rental homes
  • NARPM
  • Bed Bugs
  • Moving out
  • Community Involvement
  • Managing Rental Properties
  • rental market
  • Pensacola Real Estate Market
  • Baby Boomers
  • Buying A Home
  • Waterfront real estate
  • New Construction
  • Closing Costs in Real Estate Sales
  • Senior Housing Communities
  • first time home buyers
  • Selling your home
  • Buying a Home
  • 3 Reasons to Get Renters Insurance
  • Do you have Hurricane Insurance?
  • Tips for Raising Rents While Keeping Tenants
  • New Places and Restaurants in Pensacola, Florida
  • Getting a Mailbox Key from USPS
  • Nicole St. Aubin Benavente
  • MacKenzie Rathbun
  • Pam Keen Brantley
  • Nicole St. Aubin
  • Rebekah Perkins
  • Michael Longsdon
  • Julie Benson
  • Jay Schwartz
  • Chuntell Patterson
  • Carlin Symmes
  • Realty Masters
  • David Keen
  • Mitch Adcox
  • Rick Puckett
  • Sheri Harris