49 Navy Blvd is a 3,393 sq ft Nightclub, cocktail lounge or bar in Pensacola.
It was built in 1948. 49 Navy Blvd sits on 0.13 acres of land. In 2014 similar properties sold for between $140,470 and $244,398. We estimate the income value of 49 Navy Blvd at $232,071. The assumptions we used to calculate this value are include in the spreadsheet linked below. Pensacola is in Escambia County, Florida.
49 Navy Blvd Property Summary
49 Navy Blvd
Property Size: 3,393 sq ft
Year Built: 1948
Property Class: B3
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.
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Visulate is a real estate brokerage based in Merrit Island, Florida.
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Estimated Value: 49 Navy Blvd
In 2014 class A nightclub, cocktail lounge or bar properties in Pensacola sold for $72.04 to
91.28 per sq ft with a median price per sq ft of
$91.28. Class B properties sold for $41.40 to
72.03 per sq ft with a median of
$43.55 and class C properties sold for $28.11 to
41.39 per sq ft with a median of $28.11.
49 Navy Blvd appears to be a B Class property. Suggested value: $147,765
High Median Low
Income Valuation - Triple Net Lease
Visulate estimates the income value of this property is
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.
Monthly Rent 1,753
Annual Rent per Sq Ft 6.20
Gross Annual Rent 21,037
Vacancies and Bad Debt 15%
Vacancies and Bad Debt Amount 3,155
HOA, Utilities and CAM 0
Property Taxes 164
Management Fees 715
Cap Rate 7
Estimated Value 232,071
Edit Values and Estimate Cashflow
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Page 1 of 2. Click on the Estimate Cashflow link to navigate to Page 2.
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Local Household Income
The median household income in this part of Florida is $52,391.
The bottom 10% of the population earn less than $14,978 per year.
The top 10% earn more than $134,558 per year. The top 1%
earn more than $427,968 per year.
Most renters earn
between $25,896 (20th percentile)
and $45,360 (80th percentile) per year.
Someone earning the median household income in this area is likely to qualify for a mortgage between
Source: US Census American Community Survey -
2008-2012 ACS 5-year PUMS estimates Local Rents
The median monthly rent in this part of Florida is $836.
Most renters earn
and $3,780 per month.
They typically spend 33% of their monthly income on rent.
Most rents fall in the $610 (20th percentile)
to $1,143 (80th percentile) range.
The residential vacancy rate is 7%.
49 Navy Blvd, Pensacola, FL on Google Maps
49 Navy Blvd Walkscore
Pensacola, FL Property Values on Trulia
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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.