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Ferry Pass 32514 Shady Terrace
8234 Excelsior Drive
$160,737
● House - Off Market

8234 Excelsior Drive

Pensacola, FL 32514
bedrooms
4 Beds
bathrooms
3 Baths
$1,081
Est. Monthly

About This Property

Built in mid 60's this REO has tons of space. A 2 story all brick home with a 2 car garage, this home has 2 bedrooms down stairs (including the master) and 2 large bedrooms upstairs. With over 2500sf of living space, this home can easily accommodate that growing or already large family. Home is conveniently located just a few miles from interstate access, churches, schools, and so much more. There is a massive amount of potential with this home making it a must see to appreciate. Due to repairs, this home may only be purchased with renovation loans or cash. There are certainly loan options available with the right lender. Call today!
Unit Size
-
Days on Market
87 days
Land Size
0.33 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1964

Payment Calculator

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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: 10 months ago (ECAR #987766)

Price History

Date / Event Date Event Price
Jan 12, 2026 Sold
Premium
Sold
Dec 16, 2025 In contract -
In contract
Oct 17, 2025 Listed by Assurance Realty of NWFL LLC $220,000
Listed by Assurance Realty of NWFL LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 16
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 667
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,392
  • Total Building Area: 3,265
  • Gross Building Area: 3,265
  • Building Area: 2,598
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,598
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHADY TERRACE
  • Land Acres: 0000000330
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • State Land Use Code: 001
  • Legal Description 1: LT 7 BLK B SHADY TERRACE PB 6 P 14 OR 6728 P 1589

Neighborhood

  • School District Name: Escambia County School District
  • Census Tract: 003512

Zoning

  • Zoning: MDR

Geography

  • Assessors Map Reference: 07-1S-29-1
  • Account Number: 10335000
  • Parcel: 07-1S-29-1000-007-002
  • Block: B
  • Lot: 7
  • Meridian: SEC 07 TWN 01S RNG 29W
  • Municipality: ESCAMBIA COUNTY
  • Latitude: 30.5119
  • Longitude: -87.1931

    Address

  • Full Address: 8234 Excelsior Dr
  • Address - House Number: 8234
  • Address - Street Name: Excelsior
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Pensacola
  • Carrier Code: C002
  • 4-Digit Zip Code: 4703
  • Zip Code: 32514

Valuation

    Tax

  • Total Area: 2,598
  • Tax Year: 2022
  • Tax Amount: $108,755
  • Tax Rate Code Area: MSTU

    Appraisal Valuation

  • Standard Deviation: 0.2427
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 65
  • Final Value: 371,417
  • High Value: 461,568
  • Low Value: 281,266

    Market Valuation

  • Market Total Value: $231,805
  • Market Land Value: $21,000
  • Market Improvement Value: $210,805

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $111,981

    Exemptions

  • Homeowner Exemption: Yes
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:

$287,450

Sale Price/ft²

$182

Below Asking

0.01%

Average Days on Market

86

Average Home Size

1831 ft²

Average Home Age

50 years

Currently For Sale

4 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

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ECAR

Listed by: Cosmo M Spellings, Assurance Realty of NWFL LLC
Last Updated: 10 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 987766
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 8234 Excelsior Drive built and last sold?
The property at 8234 Excelsior Drive was built in 1964 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 8234 Excelsior Drive is $0.
What are some comparable homes to 8234 Excelsior Drive?
There are currently no comparable homes to 8234 Excelsior Drive.
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