401 W Wright St, Pensacola, FL 32501

Offered Turnkey & Furnished | Owner Financing Available. A charming one bedroom bungalow on an oversized 0.17-acre corner lot in the historic and thriving Belmont-DeVilliers neighborhood of Downtown Pensacola. With a central location, flexible zoning potential, and a unique backstory rooted in Pensacolas vibrant culture, this property is full of opportunityfor investors, creatives, and anyone with an eye for potential. This fully renovated urban studio bungalow is currently operating as a furnished Airbnb and is currently leased on an annual basis for $1,695/montha turnkey income-producing property from day one. With gleaming hardwood floors, a modern kitchen, updated tile bath, cozy sleeping nook with queen bed, and a pull-out sofa, this light-filled home is ideal for travelers, tenants, or short-term guests. New AC with warranty, New Hot Water Heater, New Roof. The Lot + Possibilities: This huge corner parcel offers rare flexibility in one of the most exciting areas of Pensacola: Build a duplex (side-by-side or up/down) Keep the current house and add an Accessory Dwelling Unit (ADU) Add a garage with carriage house apartment, Use the backyard for RV parking or lease it separately, Install a pickleball court and create a Pickle Pied--Terre Or, start fresh and redevelop the entire site. Building plans are available, and owner financing is offered at 4.95% FULL PRICE OFFER interest with a mandatory 5-year balloon, making this an accessible and creative opportunity for a range