This INCOME-PRODUCING property features 3 rental units (with established tenants), offering IMMEDIATE CASH FLOW for savvy investors. Unit A (Main House) is over 1,000 sqft with 2 bedrooms and 1 full bath, currently rented at $1,000/month. The detached 2-story building includes Unit B (upstairs) and unit C (downstairs). B and C are both 1-bed 1-bath units, each rented at $750/month. Total monthly rental income equals $2,500 BUT WAIT THERES MORE... all 3 units pay monthly towards utilities: Unit A pays $300/month, while Units B & C each pay $150/month. Major UPDATES include a 2021 roof on BOTH buildings and two NEW water heaters installed in 2021. The property is on septic, with drain fields replaced in 2018. This income-generating asset is conveniently located just 10 minutes from NAS, 15 minutes to Perdido Key or Palafox St, and approx. 25 minutes to Pensacola Beach.
Sold for $220,000 on 09/19/25
$220,000
1825 Bainbridge Ave, Perdido Key, FL 32507
--beds
--baths
2,104sqft
MultiFamily
Built in 1955
-- sqft lot
$220,000 Zestimate®
$105/sqft
$1,316 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 21, 2025 at 08:13am
Listed by:
Kathleen Batterton 850-816-0875,
Levin Rinke Realty,
Charley Drain,
Levin Rinke Realty
Bought with:
David Porter
OLD SOUTH PROPERTIES INC
Source: PAR,MLS#: 664473

Facts & features
Interior
Heating
- Wall/Window Unit(s)
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Gas Water Heater
Features
- Has basement: No
Interior area
- Total structure area: 2,104
- Total interior livable area: 2,104 sqft
Property
Lot
- Features: Central Access
Details
- Parcel number: 352s311000017032
- Zoning description: Res Multi
Construction
Type & style
- Home type: MultiFamily
Materials
- Block
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1955
Utilities & green energy
- Electric: Copper Wiring
- Sewer: Septic Tank
- Water: Public
Community & neighborhood
Location
- Region: Perdido Key
- Subdivision: Beach Haven
Sell for more
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$220,000
2% more+$4,400
With Zillow Showcase(estimated)$224,400