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Ferry Pass 32514 Northeast Pensacola
3449 Riverside Drive
$220,000
● House - Off Market

3449 Riverside Drive

Pensacola, FL 32514
bedrooms
4 Beds
bathrooms
2 Baths
$1,105
Est. Monthly

About This Property

Welcome to this charming 4-bed, 2-bath home ideally situated in the heart of the Ferry Pass area of Pensacola. Tucked away on a quiet dead-end street, this property offers a peaceful setting with unbeatable convenience. Enjoy easy access to everything Pensacola and Pace have to offer, about 1 mile to UWF, plus a quick connection to the interstate-perfect for commuting, travel, or a day trip to beautiful Pensacola Beach, just 30 minutes away. Inside, you'll find a cozy and functional layout, featuring a spacious living area, a formal dining room that can easily double as a flex space, and plenty of room for the whole family. Whether you're looking for a centrally located primary residence or an investment with great potential, this home is a must see from first time buyers to downsizers.
Unit Size
-
Days on Market
54 days
Land Size
0.10 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1991

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (ECAR #981681)

Price History

Date / Event Date Event Price
Sep 17, 2025 Sold
Premium
Sold
Aug 14, 2025 In contract -
In contract
Aug 6, 2025 Price Decreased $225,000
↓ $10K (4.3%)
Price Decreased
Jul 24, 2025 Listed by RE/MAX Agency One $235,000
Listed by RE/MAX Agency One
Jun 14, 2018 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 289
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,256
  • Total Building Area: 1,342
  • Gross Building Area: 1,342
  • Building Area: 1,342
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,342
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUBDIVISION NUMBER: 1004
  • Land Acres: 0000000098
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • State Land Use Code: 001
  • Legal Description 1: BEG AT INTER OF RANGE LINE BETWEEN R 29/30 W & SEC 1 T 1N/1S S 00 DEG 18 MIN 09 SEC W ALG LI BETWEEN R29/30 W 200 FT N 89 DEG 22 MIN 06 SEC W 92 15/100 FT S 24 DEG 04 MIN 04 SEC W 350 61/100 FT S 47 DEG 23 MIN 04 SEC W 152 81/100 FT TO A POINT ON S L

Neighborhood

  • School District Name: Escambia County School District
  • Census Tract: 003511

Zoning

  • Zoning: HC/LI

Geography

  • Assessors Map Reference: 01-1S-29-1
  • Account Number: 13641515
  • Parcel: 01-1S-30-1004-004-017
  • Block: 17
  • Lot: 4
  • Meridian: SEC 01 TWN 01S RNG 30W
  • Municipality: ESCAMBIA COUNTY
  • Latitude: 30.544
  • Longitude: -87.1953

    Address

  • Full Address: 3449 Riverside Dr
  • Address - House Number: 3449
  • Address - Street Name: Riverside
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Pensacola
  • Carrier Code: R004
  • 4-Digit Zip Code: 8172
  • Zip Code: 32514

Valuation

    Tax

  • Total Area: 1,053
  • Tax Year: 2022
  • Tax Amount: $165,661
  • Tax Rate Code Area: MSTU

    Appraisal Valuation

  • Standard Deviation: 0.2469
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 65
  • Final Value: 223,870
  • High Value: 279,159
  • Low Value: 168,581

    Market Valuation

  • Market Total Value: $124,309
  • Market Land Value: $9,000
  • Market Improvement Value: $115,309

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $124,309
  • Assessed Land Value: $9,000
  • Assessed Improvements Value: $115,309

    Sales

  • Current Sale Contract Date: Jun 13, 2018
  • Current Sale Recording Date: Jun 14, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018046880
  • Previous Sale Recording Date: May 13, 2004
  • Previous Sale Contract Date: Apr 28, 2004
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

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

About Northeast Pensacola

Stats & Trends

Median Asking:

$285,000

Sale Price/ft²

$198

Below Asking

0.02%

Average Days on Market

42

Average Home Size

1985 ft²

Average Home Age

48.5 years

Currently For Sale

13 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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ECAR

Listed by: William J Mitchell, RE/MAX Agency One
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 981681
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 3449 Riverside Drive built and last sold?
The property at 3449 Riverside Drive was built in 1991 and last sold on Jun 13, 2018 for $130,000.
How much is this home worth?
The estimated value of the home located at 3449 Riverside Drive is $0.
What are some comparable homes to 3449 Riverside Drive?
There are currently no comparable homes to 3449 Riverside Drive.
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