Welcome to this charming, fully furnished 2-bedroom, 2-bath condo ideally located off Olive Road in the heart of Pensacola. Thoughtfully styled and move-in ready, this unit has a proven history as an income-producing short-term rental, making it an excellent opportunity for investors or first-time homebuyers alike. The kitchen features stainless steel appliances, a stylish backsplash, and ample cabinet and counter space-perfect for both everyday living and hosting guests. The spacious living room offers an inviting layout centered around a cozy fireplace, ideal for relaxing at the end of the day. Beautiful wood-look flooring flows throughout the main living areas, with carpet in both bedrooms. Step outside to enjoy the private back balcony, complete with a convenient storage closet. Centrally located near shopping, dining, and hopping on the interstate, this condo offers exceptional value at a great price point. Whether you are looking for a turnkey investment or a comfortable place to call home, this property checks all the boxes.
Property Features
Bedrooms
- Bedrooms: 2
- Bedroom 1 Level: Second
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Appliances
- Electric Water Heater
- Dishwasher
- Refrigerator
- Laundry Features: Inside, W/D Hookups
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central, Fireplace(s)
- Heating: Yes
Other Rooms
- Living Room Level: Second
Exterior and Lot Features
Land Info
- Lot Description: Interior Lot
- Lot Size Acres: 7.41
- Lot Size Square Feet: 322780
Garage and Parking
- Parking Features: 2 Space/Unit, Guest, Parking Lot
Homeowners Association
- Association: Yes
- Association Fee: 3984
- Association Fee Frequency: Annually
- Association Fee Includes: Association, Deed Restrictions, Maintenance Grounds, Insurance, Trash
- Calculated Total Monthly Association Fees: 332
- Pets Allowed: Yes
School Information
- Elementary School: Ferry Pass
- High School: Washington
- Middle School: FERRY PASS
Rental Info
- Leasable Area Units: Square Feet
- Lease Considered: No
Other Property Info
- Source Listing Status: Active
- County: Escambia - Fl
- Directions: From Olive Rd. go north on Whitmire Dr. to entrance to Lake Chateau Condominium. Turn in and go straight to last unit on second floor on left.
- List Price Low: 150000
- Source Property Type: Residential
- Property Subtype: condo
- Source Neighborhood: Lake Chateau Estates
- Parcel Number: 201S301000223001
- Subdivision: Lake Chateau Estates
- Zoning Description: Res Multi
- Property Subtype: Condo
Building and Construction
- Total Square Feet Living: 1078
- Year Built: 1984
- Building Area Total: 1078
- Building Area Units: Square Feet
- Building Name: Lake Chateau Condo Ph 1
- Construction Materials: Frame
- Foundation Details: Slab
- Levels: One
- Living Area Units: Square Feet
- Property Age: 42
- Property Condition: Resale
- Roof: Shingle
- Levels or Stories: 1
- Architectural Style: Traditional
Utilities
Home Features
- Green Energy Efficient: Insulation