$495,000 - 17 W Cervantes, Pensacola

Let your imagination breathe new life into this historic Queen Anne property located just steps from downtown and the vibrant energy of Palafox Street. Originally built in 1906 and rich in architectural detail from a bygone era, this remarkable 4,076-square-foot building was thoughtfully envisioned as a boutique bed-and-breakfast and has already undergone significant improvements. Major updates include a new roof, completed foundation work, fully updated electrical systems throughout, upstairs insulation, and partially installed drywall, providing an excellent head start for the next owner. An additional 1,000 square feet of walk-in attic space, complete with staircase access, offers even more possibilities. With its generous floor plan and prime location, the property lends itself to a variety of uses, including a charming bed-and-breakfast, grand private residence, mixed-use development, professional offices, or multiple rental units. Historic character, substantial improvements, and exceptional potential combine to create a truly unique opportunity in one of Pensacola’s most desirable areas. This property may qualify for Historic Preservation Tax Incentives. Come experience the possibilities for yourself.