| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 58th | Good |
| Demographics | 45th | Fair |
| Amenities | 85th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5200 Bayou Blvd, Pensacola, FL, 32503, US |
| Region / Metro | Pensacola |
| Year of Construction | 2010 |
| Units | 26 |
| Transaction Date | 2008-07-30 |
| Transaction Price | $765,000 |
| Buyer | RONALD MCDONALD HOUSE CHARITIES OF NORTH |
| Seller | SACRED HEART HEALTH SYSTEM INC |
5200 Bayou Blvd Pensacola Multifamily Investment
2010 vintage, 26-unit asset in an amenity-rich inner suburb where renter-occupied housing is substantial, supporting steady tenant demand according to WDSuite’s CRE market data. Neighborhood occupancy trends have held above the metro median with durable leasing fundamentals.
Located in an A-rated Inner Suburb of the Pensacola-Ferry Pass-Brent metro, this neighborhood ranks 10th out of 134—competitive among Pensacola neighborhoods for overall livability and investment readiness. Local amenities are a clear strength, with restaurants, cafes, groceries, pharmacies, and parks all scoring above national averages, helping sustain day-to-day convenience and renter appeal.
Neighborhood occupancy is above the metro median, and renter concentration is high (renter-occupied share ranks 13th of 134), indicating a deep tenant base for multifamily. Median contract rents in the neighborhood sit near the national midpoint, while five-year rent growth has been positive, supporting income stability without signaling outsized affordability pressure.
Within a 3-mile radius, households have inched higher while average household size has edged lower, a pattern that typically supports multifamily demand through a broader renter pool. Forecasts point to further growth in household counts over the next five years, which can reinforce occupancy and leasing velocity if new supply remains measured.
Home values sit modestly above the national midrange and the value-to-income profile is elevated versus many U.S. neighborhoods. In practice, this creates a high-cost ownership market relative to incomes, which can sustain renter reliance on multifamily housing and aid lease retention. Average school ratings trail national norms, which may temper demand from some family renters and is worth factoring into positioning and marketing.
Safety indicators are mixed. The neighborhood’s crime ranking sits below the metro median (78th out of 134), and national positioning is below the midpoint, so investors should underwrite prudent security measures and tenant screening standards. At the same time, recent trends show improvement: both violent and property offense rates have declined year over year, indicating momentum in the right direction compared with many U.S. neighborhoods.
Given the comparative standing, framing the asset as well-managed workforce housing with visible security, lighting, and community standards can help support retention and leasing while the broader neighborhood trend continues to normalize.
Built in 2010, the property is newer than the neighborhood’s average vintage, positioning it competitively versus older stock while leaving room for targeted modernization to drive rent premiums and reduce near-term capital surprises. Neighborhood occupancy runs above the metro median and renter concentration ranks near the top of the Pensacola area, pointing to a durable tenant base and stable leasing. Based on CRE market data from WDSuite, local amenities score well above national norms, which supports daily convenience and stickiness for residents.
Within a 3-mile radius, household counts have nudged higher despite modest population softness, suggesting smaller household sizes and a broader renter pool; forward-looking projections indicate meaningful household expansion that can support occupancy and retention. Ownership costs are relatively elevated versus incomes, which tends to reinforce rental demand and provide pricing power if operators manage affordability and renewal risk thoughtfully.
- 2010 construction offers competitive positioning versus older neighborhood stock with targeted value-add potential
- Above-metro occupancy and strong renter concentration support stable leasing and depth of demand
- Amenity-rich location (dining, groceries, pharmacies, parks) enhances renter appeal and retention
- 3-mile household growth and elevated ownership costs reinforce multifamily demand and pricing power
- Risks: below-median safety standing and lower school ratings require active management and marketing strategy