Brand-New Quadplex in the Heart of Pensacola Prime Investment Opportunity! Now is your chance to secure a high-performing asset in one of Floridas fastest-growing markets. Currently under construction and set to be completed by next month, this brand-new quadplex is an investors 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 Pensacolas 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 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 Dont miss the chance to own a brand-new, cash-flowing property in one of the Gulf Coasts most sought-after cities. Schedule your walk-through today and get in before completion!
Property Features
Bedrooms
- Bedrooms: 8
- Primary Bedroom Dimensions: 11.1 x 12
- Primary Bedroom Level: First
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Appliances
Heating and Cooling
- Cooling Features: Multi Units, Ceiling Fan(s)
- Heating Features: Multi Units
- Heating: Yes
Kitchen and Dining
- Dining Room Dimensions: 22 x 16.6
- Dining Room Features: Kitchen/Dining Combo
- Dining Room Level: First
- Kitchen Features: Not Updated
Land Info
- Lot Description: Central Access
Exterior and Lot Features
- Road Responsibility: Private Maintained Road
Garage and Parking
- Parking Features: 1 Space/Unit
School Information
- Elementary School: Ensley
- High School: Pine Forest
- Middle School: FERRY PASS
Homeowners Association
- Association Fee Frequency: Annually
- Calculated Total Monthly Association Fees: 0
Rental Info
- Leasable Area Units: Square Feet
Other Property Info
- Source Listing Status: Active
- County: Escambia
- Directions: Start on I-10 heading toward Pensacola. Take Exit 17 for FL-291/Davis Hwy. Turn south (right/left depending on direction) onto N Davis Hwy (FL-291 S). Continue for about 4.5 miles until you reach Fairfield Dr. Turn left onto Fairfield Dr (FL-295 S) and go about 1 mile. Turn right onto N 12th Ave and continue for about 1.5 miles. Turn left onto E Gonzalez St, then a quick right onto Fulton Ave. 50 Fulton Ave Unit B will be on your right.
- List Price Low: 680000
- Source Property Type: Residential Attached
- Property Subtype: townhouse
- Source Neighborhood: East Pensacola Heights
- Parcel Number: 271S301201004002
- Subdivision: East Pensacola Heights
- Zoning Description: Res Multi
- Property Subtype: Res Attached
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 3780
- Year Built: 2025
- Building Area Total: 3780
- Building Area Units: Square Feet
- Construction Materials: Frame
- Foundation Details: Slab
- Levels: One
- Living Area Units: Square Feet
- New Construction: Yes
- Property Attached: Yes
- Property Condition: New Construction
- Roof: Composition
- House Style: Cottage
Utilities
- Electric: Copper Wiring
- Sewer: Septic Tank
Home Features
- Green Energy Efficient: Insulation, Insulated Walls