5405 Ilex Lane

Off Market

5405 Ilex Lane

Pensacola FL 32526

2955 sq. ft.

13939.2 sq. ft.

Single-Family

Last sold for $339,300

Erik Hansen, last sold this property on 29 October 2025 after 124 days on market.

Overview

Positioned in a stable, well-established neighborhood, this property offers a strong blend of size, updates, and long-term value—ideal for both income and appreciation potential. Built in 1988 and well maintained, the home delivers 3,630 total sq ft under roof, including 2,955 sq ft of heated and cooled living space, a 483 sq ft two-car garage, and a 192 sq ft covered front porch. The interior features durable tile flooring in main living areas and new carpet in bedrooms, minimizing immediate maintenance costs. Recent upgrades ensure reduced capital expenditures: New roof (2021, permitted), Two ductless mini-split AC systems for year-round efficiency in enclosed sun porches, Tankless hot water heater (2025), Updated electrical panel (2025). The master suite enhances marketability with a large walk-in closet, walk-in shower, garden tub, and private water closet. Multiple enclosed porches expand usable living space and rental appeal. With its size, upgrades, and below-market cost per square foot, this property stands out as a low-risk, high-value acquisition with strong rental and resale potential.

Features

3 bedrooms

2 bathrooms

2 carspaces

2 garage spaces

2955 sq. ft. floor area

13939.2 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Pensacola over the last 12 months, the estimated median property value of 5405 Ilex Lane is $275k.

Median value

$275k

Estimated value range

$110.8k - $765k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Pensacola. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5405 Ilex Lane

2025

Sold

$339,300

29 Oct 2025 by Erik Hansen, of KELLER WILLIAMS REALTY GULF COAST

Happy sellers in Pensacola

90%

90% of sellers in Pensacola reported that their sale price either exceeded or met their price expectations.

Pensacola stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 12 reviews in Pensacola over the last 12 months.

Local market activity for 3 bedroom single-family properties in Pensacola

In the last 12 months, 329 three-bedroom single-family properties similar to 5405 Ilex Lane, have been sold.

This represents a 21% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Pensacola for a market analysis.

Alexis Bolin

at KELLER WILLIAMS REALTY GULF COAST

(93 reviews)

Get a market analysis

Erica Porcelli

at KELLER WILLIAMS REALTY GULF COAST

(95 reviews)

Get a market analysis

Pamela S. Heinold

at LPT REALTY LLC

(26 reviews)

Get a market analysis

Bridgette Williams

at Coldwell Banker Realty

4.9

(7 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Pensacola

Alexis Bolin

Sellers who recommend Alexis Bolin have praised them for being local expert, reliable, clear communication, supportive, great negotiation, honest, and responsive

5 (93 reviews)
6 Reviews in Pensacola
9 Sales in Pensacola

View profile

Erica Porcelli

Sellers who recommend Erica Porcelli have praised them for being clear communication, local expert, responsive, supportive, friendly, patient, and detail-oriented