49 Navy Blvd, Pensacola

Usage

Nightclub, cocktail lounge or bar

Address:

49 Navy Blvd
Pensacola
FL 32507

Property Size:3,418 sq ft
Acreage:0.13
Year Built:1948
Property Class:B3
Lat, Long: 30.390, -87.279

Not Offered for Sale

This property is not currently for sale by Visulate but we may be able to find something similar. Contact us for details.

Google Street View  of 49 Navy Blvd, Pensacola, FL 32507
Welcome to Visulate

Visulate is a real estate brokerage based in Merrit Island, Florida. We have assembled a database with details of every property in Florida. Finding the property on our site does not necessarily mean it is for sale or rent at this time.

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Estimated Value: 49 Navy Blvd

Market Data

In 2013 class A nightclub, cocktail lounge or bar properties in Pensacola sold for $51.10 to 400.23 per sq ft with a median price per sq ft of $400.23. Class B properties sold for $29.35 to 51.09 per sq ft with a median of $50.09 and class C properties sold for $29.34 to 29.34 per sq ft with a median of $29.34.

Market Valuation

49 Navy Blvd appears to be a B Class property. Suggested value: $171,208

HighMedianLow
Value174,626 171,208 100,318

Income Valuation - Triple Net Lease

Visulate estimates the income value of this property is $485,914. Details of how we produced this estimate value appear below:

The following table shows a income valuation estimate for 49 Navy Blvd. Download a spreadsheet or click on the Estimate Cashflow link to change its estimates and assumptions. Alternatively, click on the Save button to upload a copy of the spreadsheet to Google Drive.

Net lease values for maintenance, property tax, utilities and insurance shown below are calculated as a percentage of the full amount based on the vacancy percentage.

Amount
Monthly Rent3,256
Annual Rent per Sq Ft11.43
Gross Annual Rent39,068
Vacancies and Bad Debt8%
Vacancies and Bad Debt Amount3,125
Maintenance142
HOA, Utilities and CAM0
Property Taxes83
Insurance265
Management Fees1,438
NOI34,014
Cap Rate7
Estimated Value485,914
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Escambia County, Florida

Escambia County is in North West Florida. The main cities in Escambia County are Pensacola (population 51,923), Gonzalez (population 13,273) and Century (population 1,698)

[Property Appraiser]
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Local Household Income

The median household income in this part of Florida is $51,458. The bottom 10% of the population earn less than $14,999 per year. The top 10% earn more than $133,518 per year. The top 1% earn more than $446,796 per year. Most renters earn between $25,368 (20th percentile) and $44,904 (80th percentile) per year.

Source: US Census American Community Survey - 2007-2011 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $827. Most renters earn between $2,114 and $3,742 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $592 (20th percentile) to $1,142 (80th percentile) range. The residential vacancy rate is 7%.

Links

  1. 49 Navy Blvd, Pensacola, FL on Google Maps
  2. 49 Navy Blvd Walkscore
  3. Pensacola, FL Property Values on Trulia
  4. Search for EPA and DEP Cleanup Sites

Owner Details

Sales History

DateSold BySold ToDeed TypePrice
07/01/2011 Not Recorded Buyer: 1884737 Unknown 100.00
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.

In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.