Excellent investment opportunity in Navy Point. This property is located in a nice waterfront community with a 2.5 mile paved walking/running trail, community park and boat launch. Navy Point is convenient to NAS Pensacola, Corry Station, Navy Hospital and very close to the beautiful beaches of Perdido Key. This little cottage has a lot of charm and would be an excellent investment property. Nearly all of the windows in the home have already been updated and the water heater has been replaced. The house sits on a large lot with plenty of room to expand. This cottage can easily be restored to a charming starter home or an income generating rental property. This one is worth seeing.
Single-familyProperty Type
1944Year Built
9,583 sq ftLot Size
$200Est. Price/Sq.Ft.
Listed by Dawn Marino• Emerald Coast Realty Pros
Bought with Dawn Marino• Emerald Coast Realty Pros
This charming cottage style home in desirable Navy Point with hardwood floors and carpet awaits you. This sturdy home has a new roof, ceiling fans throughout and a nice big backyard with a patio and detached workshop. The sprinkler system waters the beautifully landscaped yard. Come enjoy life in Navy Point.2 1/2 miles of paved walking trails, waterfront access less that 2 blocks and 3 blocks to public boat launch.
Public Records
Jun 1, 1990
Sold
$29,900
$35/sq ft
Public Records
Aug 1, 1986
Sold
$17,000
$20/sq ft
Public Records
Jan 1, 1974
Sold
$6,000
$7/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,069 (+17.9%)
2024
$1,755 (+7.3%)
2023
$1,636 (+11.1%)
2022
$1,472 (+20.2%)
$20,000 + $80,539
$100,539
2021
$1,225 (+10.0%)
2020
$1,113 (+9.1%)
2019
$1,021 (+4.6%)
2018
$976 (+179.3%)
2017
$350 (−62.0%)
$15,000 + $650
$15,650
2016
$919 (+12.2%)
$15,000 + $39,465
$54,465
2014
$819
Tax history for 107 Payne Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,069 (+17.9%)
2024
$1,755 (+7.3%)
2023
$1,636 (+11.1%)
2022
$1,472 (+20.2%)
$20,000 + $80,539
$100,539
2021
$1,225 (+10.0%)
2020
$1,113 (+9.1%)
2019
$1,021 (+4.6%)
2018
$976 (+179.3%)
2017
$350 (−62.0%)
$15,000 + $650
$15,650
2016
$919 (+12.2%)
$15,000 + $39,465
$54,465
2014
$819
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
9,413 Sq. Ft.
Year renovated
1990
Sq. Ft.
884
Year built
1944
Style
Single Family Residential
County
Escambia County
APN
502S306090338017
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
MDR
Medium Density Residential District
The medium density residential (MDR) district establishes appropriate areas and land use regulations for residential uses at medium densities within suburban or urban areas. The primary intent of the district is to provide for residential neighborhood development in an efficient urban pattern of well-connected streets and at greater dwelling unit density than the low density residential district. Residential uses within the MDR district are limited to single-family and two-family dwellings. The district allows non-residential uses that are compatible with suburban and urban residential neighborhoods.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Single unit
Housing-Multiple units
Infrastructure
Marina
Housing-Mobile home park
Park & open space
Feb 8, 2019 • Final
Residential
Remove and replace the roof on a single-family home with asphalt shingles.
Roofing
Nov 15, 2016 • Active
Residential
Install a new gas line for a water heater.
Gas
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking / Garage Information
Has Open Parking
Parking Features: Driveway
Interior
Virtual Tour
Bedroom 1 Information
Bedroom Level: First
Bedroom Width: 11
Bedroom Length: 9
Bedroom Area: 99
Bathroom Information
# of Bathrooms (Full): 1
# of Bathrooms (1/2): 0
Room Bathroom Features: Not Updated
Bathroom Update Timeline: UNKNOWN
Dining Room Information
Dining Room Level: First
Dining Room Width: 11.3
Dining Room Length: 7.9
Dining Room Area: 89.27
Dining Room Features: Living/Dining Combo
Living Room Information
Living Room Level: First
Living Room Width: 19.5
Living Room Length: 13.5
Living Room Area: 263.25
Kitchen Information
Kitchen Level: First
Kitchen Width: 11
Kitchen Length: 7.1
Kitchen Area: 78.1
Kitchen Features: Not Updated
Kitchen Update Timeline: UNKNOWN
Interior Features
Flooring: Hardwood, Vinyl
Interior Features: Ceiling Fan(s)
Exterior
Exterior Features
Exterior Features: Rain Gutters
Allows Horses: No
Patio And Porch Features: Deck, Porch
Roof: Composition
Lot Information
Lot Size Acres: 0.22
Lot Size Dimensions: 90X112.4X65X145.5
Lot Size Area: 0.22
Lot Size Units: Acres
Lot Features: Central Access
Land Information
Water Source: Public
Property Information
Property Condition: Resale
New Construction: No
Has Property Attached: No
Other Structures: Yard Building
Appliances: Electric Water Heater
Laundry Features: W/D Hookups
Road Responsibility: County Maintained Road
Building Information
Building Area Total: 844
Building Area Units: Square Feet
Foundation Details: Off Grade
Levels: One
Construction Materials: Frame
Financial
Tax Information
Tax Legal Description: Lot 333, Block 17, Navy Point, according to the map or plat thereof, as recorded In Plat Book 1, Page(s) 100A through 100C, inclusive, of the Public Records of Escambia County, Florida a/k/a 107 Payne Road, Pensacola, FL 32507
Utilities
Utility Information
Electric: Circuit Breakers
Sewer: Septic Tank
Utilities: Cable Available, Sewer Available
Heating & Cooling
Has Cooling
Has Heating
Cooling: Central Air, Ceiling Fan(s)
Heating: Central
Location
HOA Information
Association YN: No
Association Fee Frequency: Annually
Location Details
Directions: TAKE NAVY BLVD OR US 98 SOUTH(FL-295). TURN RIGHT ON GULF BEACH HWY., LEFT ON SUNSET AVE. TAKE RIGHT ON KALASH, LEFT ON GREVE DR. TAKE RIGHT ON PAYNE RD. HOUSE ON RIGHT.
Community Information
Community Features: Fishing, Picnic Area
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 884
Stories: 1.0
Lot Size: 9,413 square feet
Style: Single Family Residential
Year Built: 1944
Year Renovated: 1990
County: Escambia County
APN: 502S306090338017
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
Navy Point Elementary School
Public PreK-5 • Assigned • 0.7mi
2/10
Jim C. Bailey Middle School
Public 6-8 • Assigned • 7.5mi
5/10
Pensacola High School
Public 9-12 • Assigned • 5.3mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 105° expected this year, 24 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Pensacola, FL • 32507
Average low and high temperatures (°F)
59
41
66
49
71
55
76
63
80
69
87
75
90
77
87
75
85
72
80
63
73
57
64
47
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 5.1 hours in December, which is comparable to the
U.S. average for solar exposure.
9 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$161,000 – $195,000
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