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Active - Triplex for sale
508 W Gregory, Pensacola FL 32502
Facts & features
Why you’ll love it
Cash flowing opportunity with A+ paying tenants. Turn-key downtown 3-unit property perfect for investors as two of the three units have been used as short-term rentals, while the third was owner-occupied, but has a wait list for its leasing consideration. Two rental units come furnished, they are the downstairs unit in main house at 1055 sq, ft. and the 900 sq ft cottage out back. The upstairs unit was owner occupied, 1055 sq, ft and is offered unfurnished. The upstairs unit has two decks, one at the entry door and the other on the opposite side allowing great views in every direction. Seller has completely remodeled (down to the studs!) the property in the last two years. It is only a few blocks to the center of downtown and Palafox St. A unique must-see, brimming with opportunity! Driveway on east side will convey with property.
Listings courtesy of Luxury Real Estate Group.
Listed by: Don Becker • 850-501-8112 • Luxury Real Estate Group
Co-listed by: Luxury Real Estate Group
Source: Pensacola MLS, MLS#: 654417
Based on info available as of Nov 13, 2026 at 1:33 AM EST.
Come see by yourself
Affordability
$3,363/mo
- Mortgage$3,363
- Property tax$0
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$13,300 Credit back
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Travel times
About Belmont Tract
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements.
Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.
Copyright ©2026.
Based on information as of Nov 13, 2026 at 01:33am EST.
Make a winning offer, and get up to
$13,300 Credit back
