501 E Government St Pensacola FL 32502 | 590868

Location, elevation, and timing… did I mention LOCATION?!?! Situated one block from Seville Square, 9 doors to be exact, this historic raised wood frame Gulf Coast Cottage with its deep front porch will take you back to a time when life was simpler, and the warm summer air beckoned high ceilings and large opened windows overlooking lively streets. Built in 1908, this stately 2,271 square foot home sits on the corner of E Government St. and S Florida Blanca. What makes this property unique is the four well propertied bedrooms and three full baths, practically impossible to find in Pensacola’s surrounding Seville neighborhood. The current owners purchased this cottage in 2013 and completed much heavy lifting; upgrades include two new Carrier HVAC systems, two new Gree mini splits, all new custom windows, new metal roof by Professional Roofing Co., plus two new water heaters, both electrical and a gas Rinnai. The property has been completely re plumbed including a complete rewire of the electrical allowing its new owners to be prepped and ready for the layout of their future kitchen. This historic cottage is a blank slate, the property has been stripped and opened, making it an easy canvas for its new owners’ future vision. Zoned HC-1, “501 E Government St” is perfect for either commercial office or residential use. Truly, this piece of real estate is one of the last opportunities to own a historic property on a million-dollar street in downtown’s most desired location. Although there is still much to do, and it would be a sizeable investment, the finished product would create significant equity. You would be making a very sound investment that you could enjoy for years to come. Be a part of all that the downtown lifestyle has to offer.

Property Details

Price:
$650,000
MLS #:
590868
Status:
Active
Beds:
4
Baths:
3.00
Address:
501 E Government St
Type:
Single Family
City:
Pensacola
Listed Date:
Jun 3, 2021
State:
FL
Square Ft (approx):
2,271
ZIP:
32502
Subdivision:
Old City Tract
Lot Size:
4,129 sqft / 0.09 acres (approx)
Year Built:
1908

Schools

Elementary School:
Global Learning Academy
Middle School:
Workman
High School:
Pensacola

Interior

Appliances
Water Heater, Electric Water Heater, Gas Water Heater
Cooling
Multi Units, Central Air, Ceiling Fan(s)
Flooring
Hardwood, Vinyl
Heating
Central
Laundry Features
Inside, W/ D Hookups, Laundry Room

Exterior

Architectural Style
Cottage
Construction Materials
Wood Siding, Frame
Parking Features
2 Space/ Unit, Side Entrance
Roof
Metal

Financial

Map

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501 E Government St
Pensacola, FL