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 2015 similar properties sold for between $47,434 and $164,459. We estimate the income value of 49 Navy Blvd at $149,557. 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
Pensacola
FL 32507

Property Size:3,393 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
Estimated Value: 49 Navy Blvd

Market Data

In 2015 class A nightclub, cocktail lounge or bar properties in Pensacola sold for $48.48 to 48.48 per sq ft with a median price per sq ft of $48.48. Class B properties sold for $13.98 to 48.47 per sq ft with a median of $44.06 and class C properties sold for $13.97 to 13.97 per sq ft with a median of $13.97.

Market Valuation

49 Navy Blvd appears to be a B Class property. Suggested value: $149,496

HighMedianLow
Value164,459 149,496 47,434

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $149,557. 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.

Amount
Monthly Rent1,694
Annual Rent per Sq Ft5.99
Gross Annual Rent20,324
Vacancies and Bad Debt15%
Vacancies and Bad Debt Amount3,049
Maintenance1,764
HOA, Utilities and CAM0
Property Taxes1,060
Insurance3,291
Management Fees691
NOI10,469
Cap Rate7
Estimated Value149,557
Edit Values and Estimate Cashflow 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 $52,677. The bottom 10% of the population earn less than $15,071 per year. The top 10% earn more than $137,099 per year. The top 1% earn more than $431,029 per year. Most renters earn between $25,896 (20th percentile) and $45,588 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $105,354 and $131,693.

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 $846. Most renters earn between $2,158 and $3,799 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $619 (20th percentile) to $1,160 (80th percentile) range. The residential vacancy rate is 8%.

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
11/01/2013 Seller: 1884737 Buyer: 9787471 Unknown 130,000.00
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.