Rental Property Investor · Pensacola, FL · Member since 2020 · 9 posts · 9 votes
5y
Hi Alex, I'm in Pensacola. We have beautiful downtown area with a lot of Airbnbs. There are a few hotels in the downtown area also. My favorite thing about Pensacola is all the amazing restaurants. If you are a foodie you should make some time to try a few, and I'm happy to recommend some!
As far as investment areas, there are many to explore. We have a university, a couple of hospitals, and a mall on the northeast side of town if you focus more on student housing/medical field/family housing. The downtown/Northhill/Easthill areas are definitely the popular places to live. We have quite a few "up and coming" neighborhoods especially on the outskirts of the downtown area.
At the moment, we are having more traffic issues than usual because the bridge that went from downtown to Gulf Breeze (and was the way people went to Pensacola Beach) was taken out by a barge in one of the recent hurricanes and it's not expected to be in use for at least 6 months. This has definitely affected a lot of people that used that bridge to get to and from work, now having to go the long way around. And I've been hearing a lot of people on the Gulf Breeze side are considering moving to Pensacola so they don't have to drive as far to get to work, so it could be a great opportunity.
Rental Property Investor · Pensacola, FL · Member since 2020 · 9 posts · 9 votes
5y
Hi Alex, I'm in Pensacola. We have beautiful downtown area with a lot of Airbnbs. There are a few hotels in the downtown area also. My favorite thing about Pensacola is all the amazing restaurants. If you are a foodie you should make some time to try a few, and I'm happy to recommend some!
As far as investment areas, there are many to explore. We have a university, a couple of hospitals, and a mall on the northeast side of town if you focus more on student housing/medical field/family housing. The downtown/Northhill/Easthill areas are definitely the popular places to live. We have quite a few "up and coming" neighborhoods especially on the outskirts of the downtown area.
At the moment, we are having more traffic issues than usual because the bridge that went from downtown to Gulf Breeze (and was the way people went to Pensacola Beach) was taken out by a barge in one of the recent hurricanes and it's not expected to be in use for at least 6 months. This has definitely affected a lot of people that used that bridge to get to and from work, now having to go the long way around. And I've been hearing a lot of people on the Gulf Breeze side are considering moving to Pensacola so they don't have to drive as far to get to work, so it could be a great opportunity.
Realtor · Concord, CA · Member since 2019 · 6 posts · 2 votes
5y
@Rebecca Gaines
Thank you so much Rebecca for the great info, that will be very helpful for my trip. I also know there is a military base around there, so I was also considering something around that area as well. It would be great to connect at some point when I make it over there.
Realtor · Concord, CA · Member since 2019 · 6 posts · 2 votes
5y
@Jay Helms
Hi Jay, yes I think that would be a great idea, I’d love to connect with anyone when I make it over there.
I heard about Pensacola from a fellow Realtor that lives out there, we met at my companies annual convention and he was just telling me how up and coming that area is. It’s a hidden gem he stated.
Rental Property Investor · Pensacola, FL · Member since 2020 · 9 posts · 9 votes
5y
Yes, there are actually a few military bases in the area! I think I've kinda forgotten about them because the big one has been on lockdown from covid until recently.