8140 Lillian Hwy

Myrtle Grove FL 32506

1276 sq. ft.

2613.6 sq. ft.

Townhouse

Currently for sale - view listing

Overview

Nearly $35,000 in Improvements — Without a $35,000 Price Increase Take a look at what the seller paid for this Pensacola townhome in 2022, then consider that nearly $35,000 has been invested into the property since. With the home now offered at just $149,500, the next owner is getting the benefit of those improvements without paying anywhere close to their full cost. This 3-bedroom, 2.5-bath townhome is an affordable opportunity for a first-time homebuyer or a strong addition to an investor’s rental portfolio. It was previously producing approximately $700 per month in cash flow, offering proven income potential for its next owner. Inside, the main level features tile flooring, an open living area, and sliding glass doors leading to a private back patio. The updated kitchen includes stainless steel appliances, a tile backsplash, and a pass-through bar that keeps the kitchen connected to the living space. Upstairs, wood-look flooring runs throughout the bedrooms, including a spacious primary suite with its own private bathroom. More importantly, several of the expensive projects buyers typically worry about have already been handled. The roof and HVAC are approximately three years old, while the water heater is around two years old. The property also includes a one-car covered garage and a convenient West Pensacola location near shopping, restaurants, military bases, and everyday essentials. For a first-time buyer, it offers an affordable path into homeownership with major improvements already completed. For an investor, it offers a move-in-ready property with established rental history and attractive income potential. The seller has already spent the money. The next owner gets the upgrades.