East King Tract Homes under $500,000

Welcome to East King Tract, a hidden gem nestled in the heart of Pensacola, Florida. This charming subdivision offers a delightful blend of suburban tranquility and vibrant community life, making it the perfect place for families, young professionals, and retirees alike. With its lush green spaces and friendly atmosphere, East King Tract invites you to experience all that Florida living has to offer.

One of the standout features of this community is the availability of homes priced under $500,000. Whether you're searching for a cozy starter home or a spacious residence for your growing family, East King Tract has a variety of options to suit your needs. The homes here exude warmth and character, often featuring modern amenities, open floor plans, and beautifully landscaped yards. Imagine enjoying your morning coffee on a sunlit porch or hosting family gatherings in your backyard oasis.

Location is key, and East King Tract delivers with its proximity to the stunning Pensacola beaches, renowned dining, and vibrant cultural attractions. The community is also well-connected to major highways, making commuting a breeze. Plus, with excellent schools and parks nearby, families will find everything they need just a short drive away.

In East King Tract, you’re not just buying a home; you’re investing in a lifestyle. Discover the charm of this enchanting subdivision and find your perfect home today! Embrace the opportunity to live in a community that feels like a retreat while being just minutes away from all the excitement Pensacola has to offer.

Newest East King Tract Homes under $500,000

1115 Dr Martin Luther King Jr Dr, Pensacola

$499,000

689771 MLS

Welcome to 1100 & Co. Designed with flexibility in mind, this new construction duplex by Chandler Construction offers two distinct living spaces under one roof, creating options for owner-occupants, investors, multigenerational living, or a combination of both. The first level features a complete 1-bedroom, 1-bath residence with its own living room, full kitchen and dining area, laundry, and private entrance. Upstairs, a separate 2-bedroom, 2-bath residence offers another full kitchen and dining area, living room, laundry, and balcony. Covered off-street parking with a one-car carport and additional storage complete the design. The plans also feature 9-foot ceilings throughout both living levels. Live in one space and rent the other, create a private setup for extended family, or utilize both as income-producing units. The flexible layout gives the property multiple ways to work today and adapt over time. Conveniently located near Downtown Pensacola with quick access to I-110, area hospitals, restaurants, shopping and the beaches, this property combines thoughtful high-end new construction with built-in versatility in a growing central Pensacola location. Designed to Live. Positioned to Earn.

1115 Dr Martin Luther King Jr Dr, Pensacola

1109 Dr Martin Luther King Jr Dr, Pensacola

$499,000

689767 MLS

Welcome to 1100 & Co. Designed with flexibility in mind, this new construction duplex by Chandler Construction offers two distinct living spaces under one roof, creating options for owner-occupants, investors, multigenerational living, or a combination of both. The first level features a complete 1-bedroom, 1-bath residence with its own living room, full kitchen and dining area, laundry, and private entrance. Upstairs, a separate 2-bedroom, 2-bath residence offers another full kitchen and dining area, living room, laundry, and balcony. A covered one-car carport and additional storage complete the design. The plans also feature 9-foot ceilings throughout both living levels. Live in one space and rent the other, create a private setup for extended family, or utilize both as income-producing units. The flexible layout gives the property multiple ways to work today and adapt over time. Conveniently located near Downtown Pensacola with quick access to I-110, area hospitals, restaurants, shopping and the beaches, this property combines thoughtful high-end new construction with built-in versatility in a growing central Pensacola location. Designed to Live. Positioned to Earn.

1109 Dr Martin Luther King Jr Dr, Pensacola

$399,000

2 Beds ⋅ 1 Baths ⋅ 688855 MLS

Rare opportunity in the heart of Pensacola! Located in the Old East Hill Historic District just minutes from Downtown, 312 N Davis Hwy offers exceptional flexibility for an owner-occupant, investor, or business owner. This 1915 property features approximately 1,127 square feet with 2 bedrooms and 1 bathroom, combining historic character with a highly visible location along N Davis Highway. Zoned OEHC-1 Old East Hill Neighborhood Commercial, the property offers the potential for residential, office, and select neighborhood commercial uses, creating opportunities for a residence, professional office, studio, boutique business, investment property, or live/work concept. With convenient access to Downtown Pensacola, Palafox Street, restaurants, shopping, entertainment, hospitals, and surrounding historic neighborhoods, this location places you close to some of Pensacola’s most active residential and commercial areas. Whether you are looking to establish a business, create a unique Downtown residence, or add a versatile property to your investment portfolio, 312 N Davis Hwy offers location, visibility, historic appeal, and flexibility in one compelling package.

312 N Davis Hwy, Pensacola

$50,000

2 Beds ⋅ 1 Baths ⋅ 688745 MLS

No Assignable contract shall be accepted. End buyers only. INVESTOR OR BUILDER OPPORTUNITY near Downtown Pensacola! This 2-bedroom, 1-bath home with a dedicated laundry room has sustained fire and water damage and will require rehabilitation or possible redevelopment. The property offers an opportunity to restore the existing home or create something new in a neighborhood experiencing exciting growth. NEWLY CONSTRUCTED HOMES nearby reflect the area’s ongoing revitalization and future potential. Conveniently located just minutes from downtown dining, shopping, entertainment, and the waterfront. Bring your vision and take advantage of this promising infill location. Property is not move-in ready; buyers should perform all necessary inspections and due diligence.

212 E Yonge St, Pensacola

$289,900

3 Beds ⋅ 2 Baths ⋅ 688694 MLS

Motivated Seller!! BRING ALL OFFERS!! Ask about Seller paying closing costs! Rental projections coming in at over $35,000 yearly! Welcome to this charming and FULLY FURNISHED 3-bedroom, 2-bathroom home located in the heart of Pensacola. Just minutes from downtown and 15 minutes from the stunning white sands of Pensacola Beach, this centrally located gem offers the perfect blend of stylish upgrades and convenience. Completely renovated from top to bottom in 2021, every detail of this home has been thoughtfully designed with modern living in mind. Step inside to an open-concept floor plan filled with natural light, neutral paint, and luxury vinyl plank flooring throughout. The spacious living area flows seamlessly into a stunning kitchen that’s truly the heart of the home! Enjoy cooking with stainless steel appliances, a gas range stove, quartz countertops, soft-close cabinetry, a striking backsplash, and an oversized island complete with built-in storage—perfect for entertaining or casual dining. The primary suite offers a relaxing retreat with a spacious layout and an ensuite bathroom featuring a luxurious freestanding tub. Two additional bedrooms are located toward the back of the home, connected by a beautifully updated full bathroom boasting a large walk-in shower and quartz-topped vanity. The home also features a large laundry area for added storage. Outside, the fully fenced backyard boasts mature shade trees and an open deck—ideal for relaxing or entertaining. Whether you're looking for a primary residence, a vacation home, or a turnkey rental property, this beautifully updated home is ready to welcome you. Don’t miss your chance to own a slice of Pensacola paradise!

600 E Brainerd St, Pensacola

$199,999

3 Beds ⋅ 2 Baths ⋅ 688434 MLS

AS IS 1918 home that needs renovation. Owner started project and didn't finish. This house is not livable. Still need construction to be completed, Electrical, Plumbing, some windows, A/C system and flooring. Has a new roof. Some remodeling was done but needs to be completed. Owner never lived or worked on this home will not make repairs. Owner has no knowledge of progress or status of the house.

909 N 6th Ave, Pensacola

$399,000

2 Beds ⋅ 2 Baths ⋅ 687952 MLS

Welcome to La Petite Pineapple, a charming tropical oasis in Pensacola’s historic Old East Hill neighborhood. Just a short walk to Palafox Street and Historic Downtown Pensacola, this fully furnished, turn key property offers an exceptional combination of lifestyle, location, and proven Airbnb performance. Recognized in the Top 1% of Airbnb homes, it is an outstanding investment opportunity and equally well suited for full time living. Inside, the home delivers a vibrant, inviting feel with 10 foot ceilings, beautiful hardwood floors, and thoughtful details throughout. The spacious kitchen features quartz countertops, ample storage, pantry, electric cooktop, dishwasher, refrigerator with water dispenser, and built in microwave. An original cast iron tub adds timeless character. The home comes completely furnished and thoughtfully equipped with Casper mattresses and pillows, two complete turnover sets, beach chairs, beach towels, coolers, and umbrella. Additional highlights include a record player, two hammocks, new swivel chairs, Capiz shell coffee table, Ring doorbell, metal roof, fresh exterior paint, and beautiful new landscaping. Location is the lifestyle. Walk or bike to Palafox Street, downtown restaurants, shopping, nightlife, galleries, entertainment, waterfront activities, gyms, fitness studios, Pilates and yoga. The area is ideal for an active, wellness focused lifestyle, with nearby fitness options and the Three Mile Bridge providing a favorite destination for walking, running and cycling while enjoying Pensacola Bay views. Enjoy easy access to Pensacola Beach, minutes away, the Three Mile Bridge, shopping, parks, NAS Pensacola, and Pensacola International Airport, less than 5 miles away. Whether you want to walk to dinner, start your morning with yoga or a workout, explore downtown, enjoy the waterfront, head to the beach, or continue a successful Airbnb operation, this home offers the best of Downtown Pensacola living in one exceptional location.

311 N 6th Ave, Pensacola

$259,000

2 Beds ⋅ 2 Baths ⋅ 686886 MLS

Great short term rental projections! NEW EVERYTHING! Your new investment and/or second home is a practically brand new cottage, thoughtfully reimagined for simple, stylish living or for your Airbnb portfolio! This fully gutted and custom remodeled 2 bedroom, 2 bath home blends classic character with modern efficiency, ideal for those looking to downsize without sacrificing quality or for professionals who want a stylish, low maintenance home close to it all. Taken down to the studs and thoughtfully rebuilt, this property features a brand-new roof, HVAC, plumbing, electrical, siding, flooring, windows, wall and ceiling insulation, and new bathrooms offering the character of a classic home with the confidence of modern systems. Located in a rapidly developing area and down the street from the future Hollice T. Williams Park, this home offers strong potential for future appreciation and immediate income as a STR. Just a quick bike ride to downtown, around the corner from highway access, and minutes from Publix, enjoy all the dining, shopping, and entertainment East Hill and downtown has to offer.

400 E Lloyd St, Pensacola

$325,000

1 Beds ⋅ 2 Baths ⋅ 686750 MLS

Discover this one-of-a-kind 1-bedroom, 1.5-bath cottage ideally located in one of Downtown Pensacola's fastest-growing gateway neighborhoods. Elevated on stilts with all living space above an oversized two-car carport, this distinctive home offers character, functionality, and privacy. Situated on a large, fenced corner lot, the property features attractive dusk-to-dawn landscape lighting and is already prepared for a future Accessory Dwelling Unit (ADU), with water, sewer, electric, and cable connections in place. Thoughtfully updated and being offered fully furnished, this turnkey property is ideal as a primary residence, vacation home, or income-producing investment. Enjoy the convenience of being just three minutes from downtown, with restaurants, entertainment, and the waterfront just moments away. NOTICE: A single, specific national real estate brokerage is expressly excluded from any participation, interest in, or involvement arising from the sale of this property. Please refer to Agent Notes for identification of the excluded brokerage and additional information.

320 E Mallory St, Pensacola

1106 Dr Martin Luther King Jr Dr, Pensacola

$300,000

4 Beds ⋅ 2 Baths ⋅ 686604 MLS

RARE INVESTMENT OPPORTUNITY - 12% ROI ANNUALLY!! This duplex is perfectly positioned between downtown and East Hill - WALKING DISTANCE TO BOTH - while only being 10 minutes from Pensacola Beach! Whether you are interested in house hacking, double short term renting on Airbnb, or doing a traditional rental on both units, this property offers exceptional flexibility, strong income potential, and an unbeatable location for both investors and owner-occupants alike. This property offers turn of the century charm with a modern interior. Pulling up, each unit has their own private front porch - perfect for relaxing with a cup of coffee after a long day. Stepping inside you are welcomed by the central living space featuring an updated kitchen and plenty of space for a dual dining and living room setup. Throughout the house there is NO CARPET, and the bathrooms on both sides are updated as well. The yard is spacious and provides a blank canvas for whatever project you may have in mind! Stop on by and see why this property is perfect for your next purchase!

1106 Dr Martin Luther King Jr Dr, Pensacola

1805 Dr Martin Luther King Jr Dr, Pensacola

$220,000

3 Beds ⋅ 2 Baths ⋅ 685519 MLS

Price Adjustment $220,000. Open House Saturday, October 3 from 3:00pm - 5:00Pm. Completely remodeled from top to bottom, inside and out. This beautiful 3-bedroom, 2-bath home offers the peace of mind that comes with extensive 2026 updates, including a energy-efficient windows, copper wiring, plumbing, interior and exterior doors, light fixtures, and fresh paint throughout. New landscaping, flower boxes and walkway.In 2023 the roof and water heater was replaced. Situated on a desirable lot just minutes from downtown Pensacola, this move-in-ready home combines modern upgrades with an excellent location. Step inside to bright, clean white walls that provide the perfect backdrop for your personal style and décor. The updated kitchen features an electric range and a functional layout designed for everyday living. The spacious primary bedroom includes a private en suite bathroom, while the two additional bedrooms offer comfortable space for family, guests, or a home office. Enjoy your morning coffee on the welcoming front porch or unwind on the back porch overlooking your outdoor space. With all the major improvements already completed, this beautifully renovated home is ready for its new owners to move in and enjoy. Open House, Saturday August 22 from 10am-noon

1805 Dr Martin Luther King Jr Dr, Pensacola

905 Dr Martin Luther King Jr Dr, Pensacola

$329,900

2 Beds ⋅ 1 Baths ⋅ 685370 MLS

Beautifully restored historic Craftsman cottage where timeless architecture, carefully preserved original details, and thoughtful modern updates come together just minutes from Downtown Pensacola. This 2-bedroom, 1-bath home offers 1,344 square feet of inviting living space filled with abundant natural light, original hardwood floors, soaring ceilings, original moldings, and architectural details that honor the home's history. The exceptionally spacious primary bedroom provides a relaxing retreat, while the flexible floor plan offers the potential for a third bedroom, home office, or additional living space. The updated kitchen features modern appliances, open shelving, and generous workspace, while the bathroom has been tastefully refreshed. Major improvements include a new roof (2022), HVAC (2021), and water heater (2019). Enjoy a full-width covered front porch, screened back porch, and a large privacy-fenced backyard with beautifully landscaped outdoor living areas, fire pit, storage shed, and plenty of room for a future pool. Off-street parking adds everyday convenience. Ideally located between East Hill and North Hill, with convenient access to Downtown Pensacola, Palafox Street, parks, restaurants, breweries, galleries, and Pensacola Beach, this move-in-ready home offers the perfect blend of historic charm and modern convenience. Thoughtfully updated and with furniture available for purchase separately, this home offers a rare turnkey opportunity to own a piece of Pensacola history.

905 Dr Martin Luther King Jr Dr, Pensacola

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