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8500 University Pkwy

Pensacola, FL
Total Size
12,422 sqft
Year Constructed
Year Renovated
Building Class

About 8500 University Pkwy

MAKE IT RAIN!!! WOW, what a location! Beside West Florida Hospital and minutes from UWF. Extended stay motel/efficiency apartments. Past uses, nursing students in rotation at hospital, students from UWF, families with sick at hospital. Several long term renters at a $1000. a month. Expansion may be possible for 2 more buildings with present use for highest and best use. All cooktops have just been changed to INDUCTION COOKTOPS, Induction cooking heats a cooking vessel by electrical induction, instead of by thermal conduction from a flame, or an electrical heating element. All TV's are flat screens. All rooms are wifi. This is not a diamond in the rough, this is a Diamond. Call today and watch the money fall from the sky with a 12.75% cap rate. - Parking description: PARKING LOT - Area description: ACROSS THE STREET FROM WEST FLORIDA HOSPITAL, MINUTES FROM THE UNIVERSITY AND INTERSTATE 10. - Number of buildings: 2 - Number of units: 29 - Building condition: Good

Internet Providers for 8500 University Pkwy

Provider Technology Max Download Speed Max Upload Speed
Cox Communications Cable
1 Gb/s
25 Mb/s
Southern Light Fiber
100 Mb/s
100 Mb/s
AT&T Florida DSL
25 Mb/s
3 Mb/s

The City: Ferry Pass

On average, listings lease in the $30's per square foot per year. The Ferry Pass submarket is going through a a boost in rates. In the last 3 months, the median rate increased $15 per sqft per year. That's a 92% increase in rent.

Median Rate Median Size
Ferry Pass $30

Median Rate over Time in Ferry Pass