The Marzoni House

12 Unit Apartment Building Offered at $2,450,000 at a 8.57% Cap Rate in Pensacola, FL 32501

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $2,450,000

Property Type
Multifamily
Square Feet
7,500 SF

Listing Contacts

Cameron Weaver
Cameron Weaver
Verified Profile
  • Property Info

Property Overview

The Marzoni House in Old East Hill Preservation District is a 19th century, one of a kind, masterpiece. Built in 1890 by Louis D. Marzoni, chief lumber inspector for lumber tycoon- Henry Baar, and completely restored in 2014, this property is unsurpassed both in quality and workmanship. The Queen Anne Victorian estate brings an affluent history in harmony with ideals of the present sealed by the United States Department of the Interior by being placed on the National Register of Historic Places as a testament to its historical preservation and structural integrity. The entire property accoutres fourteen suites and thirteen en suites. The Queen Anne features an expansive floor plan throughout three levels, in which reside seven suites and six and a half en suites, including a suite in the turret complimented by a fourth story loft. The heated pool and spa fuse the 1890 Victorian home to the 2,600 square foot, seven suite, seven en suite 2022 improvement to create a magical estate like no where else to be found. Currently operated as a 5 star, super host Airbnb, known as the Old Spanish Consulate, this turn of the century work of art has its own reputation among travelers from around the globe with an income next to none in the greater Pensacola short term rental market. Looking for only its 6th owner in its 133 year history, this is an opportunity to seize, not only for yourself, but for your lineage to come.

Property Details

Year Built
1890
Stories
3
Lot Size (sq. ft)
13,504 SF
Units
12

Highlights

  • Historicity. This home was built by lumber tycoon's, Henry Baars, chief lumber inspector- Louis D. Marzoni. and used as the Spanish Consulate in 1898.
  • Historical, yet Modern. A 7 bed/7 bath new construction was erected behind the Victorian along with a beautiful gunite pool and spa.

FAQ

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].