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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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8 N Merritt St , Pensacola, FL 32507
$88,000
Est. Payment: $446.32/mo
3 Bed
1 Bath
1016 Sqft
Status: active | Days on site: 17
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

Prime Investment Opportunity: 3 BR / 1 BA Fixer-Upper Minutes from NAS Pensacola & Downtown Unlock incredible potential with this 3-bedroom, 1-bathroom vinyl-sided home located in a highly convenient Pensacola neighborhood. Whether you are an experienced investor looking for your next flip, a buy-and-hold landlord seeking strong rental demand, or a DIY homebuyer eager to build sweat equity, this property offers a blank canvas with endless possibilities. The home features a classic, functional floor plan with three bedrooms and a solid exterior framed in durable, low-maintenance vinyl siding. While the property requires significant repair and remodeling, its strong location foundation makes the investment well worth the effort. Property Highlights: 3 Bed / 1 Bath Exterior: Vinyl siding being sold AS-IS Potential: Ideal candidate for a full rehab, value-add rental, or custom primary residence. Short drive to NAS Pensacola Downtown Pensacola: Just a 12-minute drive to Palafox Street, historic downtown dining, shops, and weekend festivals. Beaches & Amenities: Short drive to Pensacola Beach, local parks, boat launches, and major shopping hubs. Bring your contractor and your vision to turn this diamond in the rough into a standout property.

Highlights

Listed by Stephanie Frazier , 850-972-8511 A Red Door Property , 850-972-8511. Pensacola Association of REALTORS®, Inc.

Property Type

Residential

Lot/Acreage
0.14

Year Built

1998

County

Escambia - Fl

Neighborhood

Durchslags

Listing ID

686913

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Gas Water Heater
Air Cond:Ceiling Fan(s)
Fireplaces:
Floor:Vinyl

Exterior Features

Lot:Central Access
Zoning:County,Res Single
Roof:Hip
Others:
  • Additional:Resale
Sewer:Septic Tank
Parking Features:Driveway
Principal Interest
$446
Taxes
$56

Home Price

$88,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$17,600
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$446.32

Principal

Taxes

Principal Taxes HOA Total
Monthly $446.32 $56.10 $0.00 $502.42
Yearly $5,355.83 $673.20 $0.00 $6,029.03
Total $160,674.98 $20,196.00 $0.00 $180,870.98

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Pensacola, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Pensacola Association of REALTORS®, Inc., and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T07:06:24.000Z

© 2026 Pensacola Association of REALTORS®, Inc.