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Harrison Lilly

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

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1500 Johnson Ave Unit 221 , Pensacola, FL 32514
$139,900
Est. Payment: $709.55/mo
2 Bed
2 Bath
1078 Sqft
Status: active | Days on site: 259
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

Welcome to Unit 221 — a turnkey investment opportunity in a highly accessible area close to Univeristy of West Florida, West Florida Hospital, shopping and restuarants. This well-maintained unit features a newer HVAC system and hot water heater, along with low-maintenance tile flooring in the living room, kitchen, and baths, and wood floors and laminate throughout the remaining areas. The flexible floor plan features both an eat-in kitchen and countertop bar that opens to a dining and living room with a wood-burning fireplace that adds charm and comfort. As an upstairs end unit, you will enjoy the additional outdoor living space and privacy of the screened porch that includes a storage closet. The main hallway boast in-unit laundry and access to split plan bedrooms. The Main bedroom offers double closets, an ensuite bath, and vaulted ceilings for an added sense of space. This well-maintained unit offers comfort, convenience, and reliable rental income from day one. Currently leased to an established tenant, Unit 221 provides a seamless transition for investors looking to expand their portfolio with minimal effort. Whether you're a seasoned investor or entering the rental market for the first time, this condo offers the ideal blend of stability and long-term potential in a desirable location with immediate, consistent rental income. Invest with confidence in a unit that is ready to perform from day one.

Highlights

Listed by Elizabeth Ranieri-Sorrells , 850-501-5193 REMAX Select Partners , 850-995-0030. Pensacola Association of REALTORS®, Inc.

Property Type

Condo/Townhome

Lot/Acreage
7.41

HOA Fee

3432 Annually

Year Built

1984

County

Escambia - Fl

Neighborhood

Lake Chateau Estates

Listing ID

674501

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Electric Water Heater, Dishwasher, Refrigerator
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:
Floor:Hardwood,Tile
Other:
  • Additional:Ceiling Fan(s), Vaulted Ceiling(s)
Water:Public

Exterior Features

Lot:Central Access
Zoning:Res Multi
Roof:Shingle
Others:
  • Additional:Resale
Sewer:Public Sewer
Parking Features:2 Space/Unit,Guest
Principal Interest
$710
Taxes
$89
HOA
$3,432

Home Price

$139,900

Loan Details

30 yrs
6.529%

Down Payment

20%
$27,980
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:
$709.55

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $709.55 $89.19 $3,432.00 $4,230.73
Yearly $8,514.56 $1,070.24 $41,184.00 $50,768.79
Total $255,436.71 $32,107.05 $1,235,520.00 $1,523,063.76

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.