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5 Beds
3 Baths
2,763 sqft

$375,000

2910 Michael Dr, Pensacola FL, 32505

Price per sqft$135.72
Built in1961
Property size2,763 sqft
Property typeResidential

Overview

Active

Listed Jul 29, 2026

Updated 3 weeks ago

Discover the incredible potential of this spacious 5-bedroom, 3-full-bathroom home offering 2,763 square feet of living space on a generous 0.28-acre lot. Currently licensed and operating as a successful Assisted Living Facility, this property is fully up to code and presents an outstanding opportunity for investors, entrepreneurs, or homeowners seeking a versatile property with income-producing potential. Designed to provide a warm, homelike environment, this well-maintained residential care home has undergone numerous improvements over the years. In 2018, the garage was converted into a spacious office, a third full bathroom was added, a second HVAC unit was installed, one bathroom was completely remodeled into a fully handicap-accessible bathroom, and a fire sprinkler system, fire alarm system, and standalone generator were installed. The hardwood floors were also professionally refinished. In 2019, the original HVAC system was replaced with a new unit, and in 2020, the property became officially licensed as an Assisted Living Facility. The home's thoughtful layout includes a comfortable sitting area adjacent to the primary suite with its own full bathroom, creating a private retreat for owners or caregivers. Additional features include a welcoming front porch, a screened back porch, a handicap-accessible front entrance with ramp, a spacious backyard, an attached garage, and a large outdoor storage building, providing ample space for equipment and storage. Whether you choose to continue operating the property as an Assisted Living Facility, launch a new business venture, or transform it into your dream single-family residence, the possibilities are endless. With a little TLC and your personal vision, this exceptional property can be tailored to meet your goals. As an added bonus, the property is being offered fully furnished as it is currently operating as a licensed Assisted Living Facility. The furnishings are negotiable with the purchase price.

$2,495/mo

Est. mortgage payment based on a $375,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
686698

Interior Features

Bedrooms
5
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.28 Acres

Other Property Details

Association Fee Frequency
Yearly
Garage
Yes

 

Courtesy of KELLER WILLIAMS REALTY GULF COAST, Erik Hansen,
Listing Contact:  

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Last updated 9/19/2026 3:21 AM UTC

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