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Listed price in listed location currency (USD).
$395,000

500

MLS® 686698

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 2763 sqft
Garage Yes
Taxes 
Days Active 0
Lot Size 0.28 Acres
Approx. Age 1961
Avg. Price Per Sqft $142
MLS® Number 686698

Property Address: 2910 Michael Dr, Pensacola, FL, 32505-3999

Average square foot calculated using Size range provided by listing agent.

Description

Discover the incredible potential of this spacious 5-bedroom, 3-full-bathroom home offering 2, 763 square feet of living space on a generous 0.28-acre lot. Currently licensed and operating as a successful Assisted Living Facility, this property is fully up to code and presents an outstanding opportunity for investors, entrepreneurs, or homeowners seeking a versatile property with income-producing potential. Designed to provide a warm, homelike environment, this well-maintained residential care home has undergone numerous improvements over the years. In 2018, the garage was converted into a spacious office, a third full bathroom was added, a second HVAC unit was installed, one bathroom was completely remodeled into a fully handicap-accessible bathroom, and a fire sprinkler system, fire alarm system, and standalone generator were installed. The hardwood floors were also professionally refinished. In 2019, the original HVAC system was replaced with a new unit, and in 2020, the property became officially licensed as an Assisted Living Facility. The home's thoughtful layout includes a comfortable sitting area adjacent to the primary suite with its own full bathroom, creating a private retreat for owners or caregivers. Additional features include a welcoming front porch, a screened back porch, a handicap-accessible front entrance with ramp, a spacious backyard, an attached garage, and a large outdoor storage building, providing ample space for equipment and storage. Whether you choose to continue operating the property as an Assisted Living Facility, launch a new business venture, or transform it into your dream single-family residence, the possibilities are endless. With a little TLC and your personal vision, this exceptional property can be tailored to meet your goals. As an added bonus, the property is being offered fully furnished as it is currently operating as a licensed Assisted Living Facility. The furnishings are negotiable with the purchase price.
MLS® Number686698
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1961
Basement
DrivewayOversized, Converted Garage
Garage Spaces
HeatMulti Units
A/CCentral Air, Ceiling Fan(s)

Extras

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