Browse All Pensacola FL Under $200K Properties for Sale

Opportunity awaits at 119 Aquamarine Ave! This property offers a great starting point for an investor, renovator or buyer looking to create value in an established Pensacola neighborhood. The home features a functional layout, spacious living areas, tile flooring, inside laundry and a screened patio that provides additional usable space. Several important components are already in place, including a roof installed in 2022, an air conditioning system from 2016, copper wiring, and PEX plumbing. These features provide a solid foundation for the next owner while still leaving plenty of opportunity to update and customize the home to today's preferences. The property offers flexibility for a thoughtful renovation, whether the goal is to create a comfortable primary residence, rental property or future resale. The established residential setting and convenient Pensacola location provide easy access to shopping, dining, schools, major roadways, and surrounding amenities. Bring your vision and take advantage of the opportunity to transform this property into something special.

119 Aquamarine Avenue, Pensacola

$199,000

3 Beds ⋅ 2 Baths ⋅ 793525 MLS

Bring Your Vision to Life in a Great Pensacola Location! Whether you're an investor seeking a value add property or a homebuyer looking for a place where sweat equity can go a long way, 1224 Dexter Ave is worth a look. This 3 bedroom, 1.5 bath single family home sits on a spacious 0.22-acre fenced lot and features a split bedroom layout, spacious primary suite, formal dining area and laundry hookups. The home does need some work, but it has been priced accordingly, allowing the next owner to make improvements and create a space tailored to their needs. Key systems are already in place, including a roof just 3 years old and an HVAC system less than 2 years old. A major highlight is the huge detached building, which combines a two car garage, workshop, and additional storage all under one roof. Whether you need room for vehicles, tools, equipment, hobbies, or projects, this versatile space offers possibilities that are hard to find. The fenced lot also provides room for outdoor living, gardening, pets or future enhancements. Located just minutes from Pensacola Bay and approximately 10 minutes from downtown Pensacola, the property offers convenient access to waterfront recreation, dining, entertainment, and a nearby golf course. With no HOA and potential eligibility for short term rental use, the property can appeal to a range of buyers. Investors will appreciate the value add possibilities, while owner occupants can take on improvements at their own pace and build equity along the way.

1224 Dexter Avenue, Pensacola

$35,000

2 Beds ⋅ 1 Baths ⋅ 791508 MLS

Opportunity awaits with this as-is property, priced to reflect its condition. The property will require substantial repairs and renovations, making it best suited for cash buyers. Whether you're looking for your next renovation project, rental opportunity, or property to reimagine, this one offers plenty of potential. Conveniently located near downtown Pensacola, shopping, dining, schools, and other area amenities, the location adds to the property's appeal. Bring your vision and explore the possibilities this property has to offer. Cash offers only.

615 Calhoun Avenue, Pensacola

$120,000

785694 MLS

+/-1.15 Acres Ground lease opportunity located at Highway 98 and Blue Angel Parkway, one of Pensacola's fastest growing and most active commercial intersections. The site offers approximately +/-167 feet of frontage along Highway 98, capturing strong east-west beach traffic while benefiting from north-south commuter flow along Blue Angel Parkway, the primary corridor serving NAS Pensacola, Perdido Key, Gulf Shores, and surrounding residential communities. The property features a direct curb cut along Highway 98 for immediate site access, along with signalized, lighted access to Blue Angel Parkway, enhancing visibility and traffic flow. The intersection carries a combined daily traffic count of approximately 37,300 vehicles, delivering exceptional exposure from both major thoroughfares. Wawa is currently under construction immediately adjacent to the property, with vertical structure already in place and opening anticipated soon, creating a significant daily traffic generator and co-tenancy driver. The corridor continues to experience rapid retail expansion, including a new Publix-anchored shopping center nearby, ALDI now open, and Whataburger recently announced and under development. More than 10,000 square feet of new retail space has been delivered or is underway within the immediate trade area, reinforcing strong national retailer confidence and sustained consumer demand. Surrounding residential growth, coupled with the stable employment base of Naval Air Station Pensacola, supports strong daytime and evening traffic patterns. With ongoing corridor improvements and expanding commercial investment, this highly visible corner parcel is ideally positioned for retail, QSR, medical, or build-to-suit users seeking dominant frontage in one of Pensacola's most strategic growth corridors. Off-corner position with strong visibility at the major intersection of Hwy 98 & Blue Angel Pkwy (Combined AADT: 37,300) Direct curb cut along Highway 98 with 167 feet of frontage (AADT:19,300) Signalized lighted access to Blue Angel Parkway - Primary north-south commuter corridor (AADT: 18,000) Adjacent to new retail construction and recent pad development, including Wawa (under construction), Publix, McDonald's, Whataburger (announced), and ALDI Primary access corridor to NAS Pensacola and the Perdido Key / Gulf Shores beach markets Ideal for Retail, QSR, Medical, or Build-to-Suit

9193 Blue Angel Trail, Pensacola

$120,000

3 Beds ⋅ 2 Baths ⋅ 784828 MLS

This 3-bedroom, 2-bath ranch home in Pensacola offers 1,420 square feet on a 0.24-acre lot with mixed-use zoning (HDMU), providing flexibility for residential or other permitted uses. Built in 1960, the property is positioned near I-110 for convenient access to major routes, with no HOA restrictions. Inside, the home features a traditional single-story layout with defined living, dining, and kitchen areas. The floor plan includes three bedrooms and two full baths, supporting a range of living arrangements or workspace needs depending on use. Interior finishes reflect the home's age and may present opportunities for updates or customization. Key systems include public water and sewer connections, along with standard electric service. The property is currently vacant, allowing for immediate access for inspections, improvements, or occupancy planning. Buyers should verify zoning allowances and intended use with local authorities. The exterior includes a covered front porch and paved parking area, with a lot size that supports additional parking, storage, or outdoor use. The parcel's size and zoning may appeal to buyers looking for flexibility beyond standard residential use. Located in Escambia County, this property offers proximity to Pensacola amenities, shopping, and commuter routes. Buyers are encouraged to conduct due diligence on zoning, condition, and any improvements to align with their intended use.

284 Airport Boulevard, Pensacola

$145,000

3 Beds ⋅ 2 Baths ⋅ 781402 MLS

Charming Brick Home in the Heart of Pensacola This Ranch-style brick home in the quiet Broadview Farms subdivision blends comfort, character, and opportunity. With 3 bedrooms and 2 baths, it's the kind of home that feels solid from the moment you step inside—perfect for first-time buyers, investors, or anyone who appreciates a well-built property with great potential. The open living area is bright and inviting, filled with natural light from large windows that make the space feel warm and airy. The kitchen flows easily into the dining area, creating a comfortable space for everyday meals or casual gatherings. The primary suite offers a peaceful retreat, while two additional bedrooms provide flexibility for guests, a home office, or hobbies. With a newer roof and HVAC system—both less than 2 years old, the major updates are already taken care of, giving you peace of mind as you make this home your own. The classic brick exterior adds timeless curb appeal and low-maintenance durability. Solid, comfortable, and full of potential—this Pensacola home is a true find in today's market.

6131 Angelina Rd. Road, Pensacola

$153,000

3 Beds ⋅ 1 Baths ⋅ 761164 MLS

Priced to sell! If you're looking for a good investment property or in need of a starter home in a Beautiful neighborhood, then this is it! Check out this 3 bedroom 1 bath home featuring brick and vinyl exterior, newer metal roof, 1 car attached garage, 1-car covered space in the driveway and open parking for more, and an additional detached 1 car garage / workshop in the backyard all situated on just over 1/3 acre lot! The backyard is mostly fenced with a double gate and has blueberry bushes that produce very well! The interior of the home offers 3 bedroom, 1 bath with 2 vanity areas-one for the primary bedroom and one off the hall for guest, living room and good size kitchen/dining area. The HVAC was replaced in 2023! There is an enclosed back porch with a window ac. This home is ready for you to make it yours, there is so much potential! Call your favorite Realtor today and schedule your private showing! Thank you for considering this home! All information should be verified by buyer or buyer's agent if important.

6406 Meadow Field Circle, Pensacola

$105,000

3 Beds ⋅ 2 Baths ⋅ 777665 MLS

New Listing- Investors don't miss this opportunity -3 bdrm/2.5 bth approx. 988 heated sq ft with approx 312 sq ft one car garage (unfin) Priced to Sell !! Sold AS IS Great for investment or First time home buyer. Needs Rehab. Just a short distance over to Pensacola Bay -Quaint little development- Schools: Oakcrest Elementary, Warrington Middle & Escambia High.

1984 Gary Circle, Pensacola

$175,000

3 Beds ⋅ 2 Baths ⋅ 775472 MLS

Welcome to 3056 Flintlock Dr., a 3 bedroom, 2 bathroom home nestled in Northwest Pensacola just off Blue Angel Parkway near Saufley Field Road! Built in 2002 , this charming home offers over 1,289 square feet of comfortable living space with an inviting open floor plan and a 1-car garage. The spacious living and dining areas seamlessly flow into a bright and functional kitchen complete with a refrigerator, stove, dishwasher, breakfast bar, and upgraded cabinets and countertops from a 2012 renovation. The split floor plan provides privacy for the generous master suite, which features a ceiling fan, walk-in closet, pantry, and a large en-suite bath with a garden tub and double vanity. The indoor laundry room comes equipped with a washer and dryer for added convenience. Flooring consists of durable vinyl and cozy carpet throughout. Step outside to enjoy a fully privacy-fenced backyard—ideal for pets, kids, or weekend BBQs. The roof was replaced approximately 5-10 years ago, offering peace of mind to future homeowners. While the home is in great condition, it could benefit from a few light cosmetic updates to make it truly move-in or rent-ready. This home is perfect for investors, or anyone looking to enjoy a low-maintenance lifestyle in a convenient Pensacola location. Close to military bases, shopping, dining, and more—don't miss your chance to make this lovely home yours! Home is Occupied please give at least 24 hrs notice before requested showing time.

3056 Flintlock Drive, Pensacola

$153,000

3 Beds ⋅ 1 Baths ⋅ 761164 MLS

Priced to sell! If you're looking for a good investment property or in need of a starter home in a Beautiful neighborhood, then this is it! Check out this 3 bedroom 1 bath home featuring brick and vinyl exterior, newer metal roof, 1 car attached garage, 1-car covered space in the driveway and open parking for more, and an additional detached 1 car garage / workshop in the backyard all situated on just over 1/3 acre lot! The backyard is mostly fenced with a double gate and has blueberry bushes that produce very well!The interior of the home offers 3 bedroom, 1 bath with 2 vanity areas-one for the primary bedroom and one off the hall for guest, living room and good size kitchen/dining area. The HVAC was replaced in 2023! There is an enclosed back porch with a window ac. This home is ready for you to make it yours, there is so much potential! Call your favorite Realtor today and schedule your private showing! Thank you for considering this home! All information should be verified by buyer or buyer's agent if important.

6406 Meadow Field Circle, Pensacola

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Under $200K Pensacola Real Estate

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