1124 N Spring St, Pensacola, FL 32501

Property Description

Seller offering a $15,000 credit at closing for Updates. Set on a high-elevation lot in the heart of Historic North Hill, this beautifully updated home pairs timeless architectural character with modern upgrades. A gated entry and gas carriage lights welcome you in, while inside, a spacious foyer, fireplace-anchored formal living room, and heated and cooled sun porch create space for everyday living and entertaining. The formal dining room connects through a butler's pantry to a remodeled kitchen with a JennAir gas range, Bosch dishwasher and refrigerator, and marble flooring, plus an adjacent half bath. A breakfast room doubles as a second butler's pantry with glass front cabinetry for extra storage. Upstairs, the primary suite features a renovated bath from 2014, an oversized walk-in closet, and a laundry area. Two additional bedrooms share a full hall bath, and an arched stair landing adds architectural charm. A high-elevation basement offers rare cool, dry storage. Major upgrades since 2004 include refinished hardwood floors in 2025, exterior repaint, complete rewiring with doubled electrical capacity, updated plumbing and HVAC including a dedicated second floor unit, a renovated kitchen and half bath, composite deck, roof replacement, crown molding, new tile flooring, hurricane hardening, a converted heated and cooled sun porch, and a fully fenced backyard. A detached two car garage includes a fully updated one bedroom, one bath studio apartment of approximately 400 square feet, with luxury vinyl plank flooring, fresh paint, a tiled walk-in shower, a spacious closet, and its own private entrance. Projected annual rental income of $44,273 offers rare flexibility and income potential, whether for guests, extended family, or a home office. Enjoy Historic North Hill living surrounded by grand historic homes and a close-knit community, with neighborhood gatherings at Alabama Square, a walkable route to downtown Pensacola and easy drive to Pensacola Beach.