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$214,900
● House - For Sale

115 Milton Road

Pensacola, FL 32507
bedrooms
2 Beds
bathrooms
1 Bath
square feet
970 Ft²
$1,056
Est. Monthly

About This Property

Fresh Improvements. Proven Rental History. Fully Furnished Option. Minutes from Historic Downtown Pensacola. Priced at $214,900, this 2-bedroom, 1-bath cottage offers an appealing combination of affordability, location, flexibility, and rental potential. Whether you're a first-time homebuyer, looking to downsize, searching for a second home, or considering an investment property, this 980-square-foot home is worth a fresh look.

The property has recently undergone significant foundation and structural improvements completed with the guidance of an engineer, along with a new subfloor, new LVP flooring, and fresh interior paint. After several months off the market while this work was completed, the home is back with important improvements already addressed.

Inside, the open-concept layout offers comfortable and versatile living space, with a bonus area that can serve as a home office, dining area, hobby space, or flex room. The renovated kitchen features cabinetry and stainless-steel appliances, while the renovated bathroom offers modern, contemporary finishes. A 2021 architectural shingle roof, updated HVAC, and newer water heater add additional peace of mind.

The outdoor space adds even more versatility. Welcoming front and back porches provide inviting places to relax, while the spacious backyard features mature tropical landscaping, partial fencing, and a generous storage shed on an extended concrete slab. The extended slab also creates a private outdoor area with space for chairs, a firepit, entertaining, or a variety of other uses.

For investors, the property's rental appeal is already established. It has been successfully operated as a furnished mid-term rental for several years, offering a proven rental history and an opportunity for a new owner to continue that use. The property also offers short-term rental potential, and could sleep 6-8 comfortably, subject to applicable regulations and requirements. For maximum convenience, the home is available fully furnished and turnkey, allowing a buyer to step into a ready-to-use home or rental setup.

And the location is hard to beat. Just minutes from Historic Downtown Pensacola, Palafox Street, NAS Pensacola, and Pensacola Beach, you'll have easy access to restaurants, markets, entertainment, waterfront activities, military facilities, and some of Pensacola's most popular destinations. And yes, the occasional Blue Angels flyover is a memorable local bonus!

At $214,900, this is an opportunity to own a manageable, centrally located home with meaningful recent improvements, established rental history, and the flexibility to make it your home, your second home, or your next investment.
Unit Size
970 Ft²
Days on Market
58 days
Land Size
0.19 acres
Price per sqft
$222
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951

Listed By

Tina N Marsh
Keller Williams Realty FWB

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Last updated: 2 months ago (ECAR #1011311)

Price History

Date / Event Date Event Price
Sep 4, 2026 Listed by Keller Williams Realty FWB $214,900
Listed by Keller Williams Realty FWB
May 22, 2025 Price Decreased $228,000
↓ $2K (0.9%)
Price Decreased
Apr 24, 2025 Price Decreased $230,000
↓ $5K (2.1%)
Price Decreased
Mar 15, 2025 Listed $235,000
Listed
PRICE IMPROVEMENT | Motivated Seller - Bright and spacious Renovated 2-Bedroom Cottage with Large Yard near Country Club & Beach Discover this beautifully updated 2-bedroom, 1-bath cottage in the desirable Aero Vista neighborhood—fully renovated, fully furnished, and 100% move-in or rental ready! With a smart, open-concept layout and thoughtfully designed spaces, this home blends timeless charm with modern comfort. Enjoy luxury vinyl tile flooring, a sleek new kitchen featuring brand-new cabinetry, stainless steel appliances, and an eat-in dining area perfect for casual meals or entertaining. The home also offers a versatile bonus area ideal for a home office, hobby or creative space. Step into comfort with major updates already completed: a 2021 architectural shingle roof, updated HVAC system, newer water heater, and a fully renovated bathroom with stylish finishes. This property comes fully furnished, with refreshed upholstery and a deep clean throughoutmaking it a true turnkey opportunity for short-term rental income or an effortless move-in experience. Welcoming front and back porch entries provide charming access, while the backyard offers a peaceful retreat featuring a cozy firepit area, mature tropical landscaping with some fencing for added privacy, and a spacious shed on an extended concrete slabperfect for both storage and workshop space. Outstanding Location! Just minutes from downtown Pensacola, the beach, and the Navy base. You'll be near vibrant Palafox Street, with its popular markets, restaurants, and entertainment. As a bonus, enjoy occasional flyovers by the legendary Blue Angelsa unique and thrilling neighborhood perk. Strong rental history with records availableideal for investors or buyers seeking a high-performing, fully furnished property in a prime location. Don't miss your chanceschedule your private showing today or attend an upcoming open house before it's gone! ***Seller offering additional incentive of $1000 toward offset of buyer closing costs or prepaids at closing.***
Apr 8, 2024 No longer available -
No longer available
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Property Highlights

Air Conditioning
Interior Details
Full Bathrooms: 1
Appliances: Dryer, Microwave, Refrigerator, Washer, Water Heater, Smoke Detector, Stove/Oven Gas
Flooring Type: Vinyl
Rooms: 4
Exterior Details
Square Footage: 970
Property Condition: Construction Complete
Architectural Style: Florida Cottage
Year Built: 1951
Building Area Total: 970
Construction Materials: Block, Siding Vinyl
Patio and Porch Features: Porch
Lot Features: Interior, Irregular
Lot Size Area: 0.19
Lot Size Units: Acres
Lot Size Acres: 0.19
Lot Size Square Feet: 8276.4
Lot Size Dimensions: 65x134.95x59.31x125.41
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Natural Gas
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 63
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,089
  • Total Building Area: 970
  • Gross Building Area: 970
  • Building Area: 970
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 970
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AERO VISTA 2ND ADDN
  • Land Acres: 0000000186
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • State Land Use Code: 001
  • Legal Description 1: LT 22 BLK 19 2ND ADDN TO AERO VISTA PB 2 P 22 OR 8826 P 1426 SEC 50/51 T 2S R 30 CA 200

Neighborhood

  • School District Name: Escambia County School District
  • Census Tract: 002200

Zoning

  • Zoning: MDR

Geography

  • Assessors Map Reference: CA200
  • Account Number: 80472000
  • Parcel: 50-2S-30-5010-022-019
  • Block: 19
  • Lot: 22
  • Meridian: SEC 50 TWN 02S RNG 30W
  • Municipality: ESCAMBIA COUNTY
  • Latitude: 30.3964
  • Longitude: -87.262

    Address

  • Full Address: 115 Milton Rd
  • Address - House Number: 115
  • Address - Street Name: Milton
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Pensacola
  • Carrier Code: C003
  • 4-Digit Zip Code: 2331
  • Zip Code: 32507

Valuation

    Tax

  • Total Area: 970
  • Tax Year: 2022
  • Tax Amount: $110,529
  • Tax Rate Code Area: MSTU

    Appraisal Valuation

  • Standard Deviation: 0.1053
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 89
  • Final Value: 209,177
  • High Value: 231,223
  • Low Value: 187,131

    Market Valuation

  • Market Total Value: $96,598
  • Market Land Value: $12,000
  • Market Improvement Value: $84,598

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $96,598
  • Assessed Land Value: $12,000
  • Assessed Improvements Value: $84,598

    Sales

  • Current Sale Contract Date: Jul 20, 2022
  • Current Sale Recording Date: Jul 21, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 74311
  • Previous Sale Recording Date: Mar 24, 2008
  • Previous Sale Contract Date: Mar 07, 2008
  • Previous Sale Amount: $56,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Southwest Pensacola


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Nearby Rentals

Unit for rent at 300 Seamarge Lane, Pensacola, FL, 32505

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,147 ft²
300 Seamarge Lane, Pensacola, FL, 32505 Listing by Jeremy J Jenkins


Frequently Asked Questions

When was property at 115 Milton Road built and last sold?
The property at 115 Milton Road was built in 1951 and last sold on Jul 20, 2022 for $217,000.
How much is this home worth?
The estimated value of the home located at 115 Milton Road is $215,860.
What are some comparable homes to 115 Milton Road?
There are currently no comparable homes to 115 Milton Road.