$165,000 - 518 W La Rua St, Pensacola

Charming Fixer-Upper in Historic Downtown Pensacola! Discover the potential in this cozy single-family home at 518 W La Rua St, ideally situated in the vibrant Belmont Tract neighborhood of North Hill. Built in 1986 and spanning approximately 640 sq ft on a generous 4,500 sq ft lot, this 1-bath property offers a blank canvas with flexible layout possibilities—perfect for configuring 1-2 bedrooms or a studio setup. Features include central heating and air conditioning (updated AC unit in 2012), a detached garage/shed for storage or parking (up to 2 spaces), and a 2018-installed shed for added utility. Extremely motivated seller! This downtown gem is primed for a flip or full renovation, blending historic charm with modern potential in a highly walkable area (Walk Score 71)—just minutes from Palafox Street's shops, dining, and entertainment, plus easy access to I-110. Whether you're an investor or visionary homeowner, seize this opportunity in a buyer's market where homes appreciate quickly. Seller is open to creative financing options, including owner financing. Property is occupied—please call listing agent to schedule a showing.