USAFLPensacolaNew City Tract1301/1305 E la Rua St

$990,000

For Sale

9 days ago

1301/1305 E La Rua St, Pensacola, FL

Name: 1301/1305 E La Rua St, For Sale in Pensacola - eXp Realty
Brand: Anchor Realty FL
SKU: 687225
Price: 990000 USD

House

MLS® 687225

3 Bed

2 Bath

1830 sqft

1 Parking

Key Facts
Description
Rooms
Map

Key Facts

Type Single Family Residence

Levels Residential

Size 1830 sqft

Garage Yes

Taxes

Days Active 8

Lot Size 0.41999998688697815 Acres

Approx. Age 1928

Avg. Price Per Sqft $540

MLS® Number 687225

Property Address: 1301/1305 E La Rua St, Pensacola, FL, 32501

Average square foot calculated using Size range provided by listing agent.

Description

Prime East Hill Development & Investment Opportunity – Rare Double Parcel with Potential Bay Views An exceptional investment and redevelopment opportunity in one of Pensacola's most sought-after neighborhoods. This rare combined property package encompasses two adjoining parcels totaling approximately 135' x 137.5' (18, 562± square feet) on a highly desirable corner location in East Hill, directly across from a public park and just minutes from vibrant Downtown Pensacola. Whether you're seeking immediate rental income, a long-term investment, or a premier development opportunity, this property offers outstanding flexibility and upside. The existing homes provide excellent rental potential while future plans are realized, or the parcels may be redeveloped to maximize value. Significant pre-development work has already been completed, including City Planning approvals and documentation for: Demolition permit and clearance Arborist approval for tree removal Approval to subdivide into three residential lots Existing boundary surveys from the original purchase Front yard averaging completed on July 23, 2025, with documentation available The previously approved subdivision configuration consists of: One corner lot measuring approximately 50' x 137.5' Two interior lots measuring approximately 42.5' x 137.5' each The elevated location also offers the potential for Pensacola Bay views from future new construction. Property Details 1301 E. La Rua Street Parcel ID: 0005009025001065 3 Bedrooms | 2 Bathrooms Approximately 1, 830 square feet Situated on a 70' x 137.5' (9, 583± square foot) lot Zoned R-1AA Medium Density No Historic District restrictions 1305 E. La Rua Street Parcel ID: 0005009025002065 3 Bedrooms | 1 Bathroom Approximately 1, 524 square feet Situated on a 65' x 137.5' (0.2052-acre) lot Zoned R-1AA Medium Density No Historic District restrictions Opportunities of this scale are increasingly rare in East Hill. With substantial entitlement work already completed

MLS® Number687225

Laundry Level

Central VacNo

FireplaceNo

Acreage0.42

Exterior

GarageYes

Approx. Age1928

Basement

DrivewayGarage

Garage Spaces1

HeatNatural Gas

A/CCentral Air

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Aug 9, 2026List Date

$990,000List Price

Commute

Commute

Starting Address

Destination Address

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