1040 Wayne Ave
Pensacola, FL 32507
$70,000
Opportunity is knocking in Pensacola’s Beach Haven area. This 2-bedroom, 1-bath cottage offers a compact footprint with meaningful updates already completed, making it a smart option for buyers looking for a renovation project, rental opportunity, or affordable entry point into the market. Major improvements include a roof from October 2020, septic-to-sewer conversion in February 2022, updated plumbing in 2026, water heater 2020 and updated electrical in 2026. The home is being sold as-is and does not currently have a permanent heating or cooling system, giving the next owner room to finish the property to their needs and vision. Set on a 0.17 lot, and includes the adjoining lot, in Flood Zone X, this property offers flexibility in a convenient west Pensacola location near NAS Pensacola, Bayou Chico, Downtown Pensacola, and Perdido Key. Bring your contractor, your ideas, and your plans. This is a rare chance to create value at an attainable price point.
| Listing ID: | 686655 |
|---|---|
| List Price: | $75,000 |
| Close Price: | $70,000 |
| Close Date: | 2026-10-15 |
| Property Type: | Residential |
| Property Sub Type: | Single Family Residence |
| Status: | Closed |
| Bedrooms Total: | 2 |
| Bathrooms Full: | 1 |
| Living Area: | 656 |
| Lot Size Square Feet: | 7,248.384 |
| Lot Size Acres: | 0.1664 |
| Architectural Style: | Cottage |
| Waterfront?: | No |
| City: | Pensacola |
| County Or Parish: | Escambia - Fl |
| Postal Code: | 32507 |
| Year Built: | 1958 |
| Appliances: | Electric Water Heater, Refrigerator |
| Cooling: | Wall/Window Unit(s) |
| Fencing: | Chain Link |
| Flooring: | Vinyl, Carpet |
| Heating: | Wall/Window Unit(s) |
| Lot Features: | Central Access |
| Parking Features: | Driveway |
| Pool Features: | None |
| Sewer: | Public Sewer |
| State Or Province: | FL |
| Water Source: | Public |
| Association Fee Frequency: | Annually |
| Association Fee Includes: | None |
| Bathrooms Total Integer: | 1 |
| Building Area Total: | 656 |
| Heating?: | Yes |
| Levels: | One |
| Living Area Units: | Square Feet |
| Lot Size Area: | 0.1664 |
| Parcel Number: | 352S311000003147 |
| Property Condition: | Resale |
| Road Responsibility: | County Maintained Road |
| Roof: | Shingle |
| Construction Materials: | Frame |
| Cooling?: | Yes |
| Directions: | from downtown, take Barrancas to Wayne Ave on the RIGHT, house is on the RIGHT , see sign |
| Elementary School: | West Pensacola |
| High School: | Escambia |
| Leasable Area Units: | Square Feet |
| Middle Or Junior School: | BAILEY |
| Original List Price: | $94,000 |
| Special Listing Conditions: | As Is |
| Buyer Financing: | Cash |
| Disclaimer: | Property is being sold as-is. The seller will not make repairs or offer credits for repairs. Buyers are encouraged to complete any inspections they feel are important before moving forward. |
| Foundation Details: | Off Grade |
| Green Energy Efficient: | No Energy Features |
| Possession: | Close Of Escrow |
| Road Surface Type: | Paved |
| Stories: | 1 |
| Basement: | false |
| Building Area Units: | Square Feet |
| Electric: | Copper Wiring |
| List Price Low: | $70,000 |
| Lot Size Units: | Acres |
| Open Parking?: | Yes |
| Homestead: | No |
| Rent Restrictions: | No |
| Sale Subject To Lease: | No |
| Sale Factors: | $2500 in lieu of repairs. |
| Price Per Sqft: | 106.71 |
| Sale/Rent: | For Sale |
| Room Bathroom Features: | Not Updated |
| Room Dining Room Features: | None |
| Room Kitchen Features: | Not Updated |
| Room Kitchen Level: | First |
| Room Living Room Level: | First |
| Room Master Bedroom Level: | First |
| Zoning Description: | Mixed Residential Subdiv, Res Single |
Listing Courtesy of: Real Broker, LLC
Listing Agent: Wayne Peacock
850-380-6874
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All information is believed accurate but not guaranteed. The properties displayed may not be all of the properties available through the IDX Program. Any use of this site other than by potential buyers or sellers is strictly prohibited.
© 2026 Pensacola Association of REALTORS®.
Pensacola Association of REALTORS® data last updated on October 17, 2026 04:11 AM - ET.
Property Last Updated: October 17, 2026 04:11 AM - ET
