3042 N Guillemard St · Goulding, FL 32503

$63,240

2 bd · 1.0 ba · 708 sqft · SingleFamily public records · 214 Days on market

Built 1955 7,470 sqft lot $89/sqft · 49% below area Est $125k · 49% under

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Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.7/5.0
• Schools +3.6/10.0
• Rent growth +3.3/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This 2-bedroom, 1-bath home is a fantastic opportunity for investors or flippers looking to add value in a prime Pensacola location. With solid bones and endless potential, this property is ready for your vision. The spacious backyard offers plenty of room for a boat, RV, or multiple vehicles — perfect for coastal living. Perfectly situated just minutes from vibrant downtown Pensacola, top tier shopping and dining, and a short drive to the white sandy beaches and Pensacola Airport, this property combines convenience, lifestyle, and opportunity. Whether you’re planning to flip, rent, or hold for long-term growth, this property presents a rare opportunity for investors or visionaries seeking to transform a classic Pensacola home with solid bones into a modern coastal retreat or profitable income property. Vacant and easy to show — schedule your private tour today and envision the possibilities!

Key facts

• Spacious backyard
• Pensacola airport
• White sandy beaches

Tags

• SPACIOUS BACKYARD
• PRIME PENSACOLA LOCATION
• VIBRANT DOWNTOWN PENSACOLA
• TOP TIER SHOPPING
• WHITE SANDY BEACHES
• PENSACOLA AIRPORT

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $63k.

Deal economics

• At list price, monthly cash flow is $698 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $63k).
• Recommended offer: $56k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 73/100 on livability (#296 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing A; Watch: amenities F, commute F, employment F.
• Escambia (suburban): math 40% / reading 45% proficiency, ranked #56 of 73 in FL (top 77%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: O. J. Semmes Elementary School (math 22% / reading 17%, grade F, #2,105 of 2,144 statewide, top 98%, 302 students, 91% FRL); J. H. Workman Middle School (math 20% / reading 27%, grade F, #536 of 571 statewide, top 95%, 705 students, 72% FRL); Washington Senior High School (math 25% / reading 40%, grade F, #411 of 667 statewide, top 62%, 1,733 students, 51% FRL).
• Zoned-school proficiency averages 25% at this address vs 42% district-wide (-17 pts) — the specific schools serving this property underperform the Escambia average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+3.4%/yr); 240 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 1,479 units permitted in Escambia County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $437 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Escambia County population projected at +13% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 3.4% rent growth), your $18k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 214 days — a 12% lower offer ($56k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 2y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $50k; 26% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $55,651 (12.0% below list)

Questions for the listing agent

1. It's been on market 214 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 2.22% ✓
• Cap rate: 19.53%
• Cash-on-cash: 47.28%
• DSCR: 3.10
• GRM: 3.8

CMA / ARV

• ARV (median comp): $125,226
• List price: $63,240
• Delta: -49.50%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3108 N G St	0.52mi	2/1.0	720 (+2%)	3mo	$75,000	$104	71
2755 N 9th Ave	0.64mi	2/1.0	696 (-2%)	2mo	$90,000	$129	65
600 E Bobe St	0.72mi	2/1.0	736 (+4%)	4mo	$119,900	$163	56
1006 W Hayes St	0.49mi	2/1.0	778 (+10%)	23mo	$135,000	$174	42

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.39% rent growth · sell at horizon

5-year hold

• IRR: 45.1%
• Equity multiple: 2.96×
• Total profit: $34,744
• Equity at exit: $9,429

10-year hold

• IRR: 51.1%
• Equity multiple: 6.07×
• Total profit: $89,783
• Equity at exit: $5,468

Cash invested: $17,707 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 32503

• Rents YoY: 3.4%
• Active inventory: 240
• Price-to-rent: 3.8×

Monthly cashflow live

• Estimated rent: $1,405 medium
• Mortgage (P&I): −$332
• Tax from tax record: −$55 /mo · $655/yr
• Insurance: −$26
• HOA: −$0
• Vacancy / Maint / Mgmt: −$295
• Net cashflow: $698

Break-even live

Break-even rent $522

Max offer price $63,240

Occupancy floor 45%

Sensitivity live

Price	-10% $733	-5% $716	+0% $698	+5% $680	+10% $662
Rent	-10% $587	-5% $642	+0% $698	+5% $753	+10% $809
Rate	-1.0pp $729	-0.5pp $714	base $698	+0.5pp $681	+1.0pp $665

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $15,810
• Closing costs: $1,897
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2310 N Baylen St Pensacola, FL	2.0	1.0	660	$1,350	$2.05	25d	1	0.50mi
1116 N 7th Ave Pensacola, FL	1.0	1.0	680	$1,520	$2.24	25d	1	1.37mi
1177 E Lloyd St Pensacola, FL	1.0	1.0	553	$999	$1.81	15d	1	1.48mi

Listing history 18 events

1. 2026-06-10
   days on market $63,240 Active 214 DOM
2. 2026-06-09
   days on market $63,240 Active 213 DOM
3. 2026-06-08
   days on market $63,240 Active 212 DOM
4. 2026-06-07
   days on market $63,240 Active 211 DOM
5. 2026-06-03
   days on market $63,240 Active 207 DOM
6. 2026-06-02
   days on market $63,240 Active 206 DOM
7. 2026-06-01
   days on market $63,240 Active 205 DOM
8. 2026-05-31
   days on market $63,240 Active 204 DOM
9. 2026-05-31
   days on market $63,240 Active 203 DOM
10. 2025-11-08
    listed $63,240 Active 926-char remark

    Show marketing remark (926 chars)

    This 2-bedroom, 1-bath home is a fantastic opportunity for investors or flippers looking to add value in a prime Pensacola location. With solid bones and endless potential, this property is ready for your vision. The spacious backyard offers plenty of room for a boat, RV, or multiple vehicles — perfect for coastal living. Perfectly situated just minutes from vibrant downtown Pensacola, top tier shopping and dining, and a short drive to the white sandy beaches and Pensacola Airport, this property combines convenience, lifestyle, and opportunity. Whether you’re planning to flip, rent, or hold for long-term growth, this property presents a rare opportunity for investors or visionaries seeking to transform a classic Pensacola home with solid bones into a modern coastal retreat or profitable income property. Vacant and easy to show — schedule your private tour today and envision the possibilities!

11. 2025-11-08
    historical

    Show marketing remark (926 chars)

    This 2-bedroom, 1-bath home is a fantastic opportunity for investors or flippers looking to add value in a prime Pensacola location. With solid bones and endless potential, this property is ready for your vision. The spacious backyard offers plenty of room for a boat, RV, or multiple vehicles — perfect for coastal living. Perfectly situated just minutes from vibrant downtown Pensacola, top tier shopping and dining, and a short drive to the white sandy beaches and Pensacola Airport, this property combines convenience, lifestyle, and opportunity. Whether you’re planning to flip, rent, or hold for long-term growth, this property presents a rare opportunity for investors or visionaries seeking to transform a classic Pensacola home with solid bones into a modern coastal retreat or profitable income property. Vacant and easy to show — schedule your private tour today and envision the possibilities!

12. 2025-11-04
    listed $63,240 Active
13. 2025-06-17
    soldstatus $50,000
14. 2025-06-11
    soldstatus $50,000 Sold
15. 2025-05-28
    status Pending
16. 2025-05-15
    status Active
17. 2024-07-31
    status Pending
18. 2024-07-17
    listed $55,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $655 · $55/mo
• Projected year-2 tax: $655 · $55/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥105°F today · 22 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,863
• − Mortgage interest: −$3,542
• − Property taxes: −$655
• − Insurance: −$316
• − Repairs & maintenance: −$1,349
• − Management: −$1,349
• − Depreciation: −$1,840
• Taxable income: $7,812
• Est. tax owed @ 24.0%: −$1,875
• After-tax cash flow: $6,497/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Escambia
• NCES district ID: 1200510
• Math proficiency: 40% ▼ -9.00%
• Reading proficiency: 45% ▼ -4.00%
• Median HH income: $44,649
• Composite: 36.04/100
• National rank: #4773
• State rank: #56 of 73 in FL

Livability — Goulding

• Score: 73/100
• State rank: #296
• US rank: #5022

Category grades

Amenities F Commute F Cost of living A+ Crime A- Employment F Housing A Health & safety A+ User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Goulding, FL
• County: Escambia County · 301,722 people
• Metro: Pensacola-Ferry Pass-Brent, FL
• Population (ZIP): 33,559
• Household income: $71,411
• Rent vs Own: 30.8% rent · 69.2% own
• Severe rent burden: 948.0

Population outlook (Escambia County) Hauer SSP2

• Today (2025): 334,637 people
• By 2030: 345,779 · +3.3%
• By 2040: 364,828 · +9.0%
• By 2050: 378,514 · +13.1%
• By 2075: 403,220 · +20.5%
• By 2100: 386,125 · +15.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (68%)
• Race & ethnicity: White 68% Black 20% Two or more races 6% Hispanic / Latino 5% Asian 2%
• Common ancestry: Lithuanian 3% Italian 2% Romanian 2%
• Foreign-born: 5% · Canada, China
• Languages at home: 93% English-only · Spanish 3% Arabic 1% Tagalog/Filipino 1%

Political lean MEDSL · Escambia

• 2024 margin: R (+19.5) · D 39.7% · R 59.2% · Other 1.1%
• 2008→2024 swing: -0.2pp no change · 2008: -19.3pp · 2024: -19.5pp
• All cycles: 2024: R+19.5 2020: R+15.1 2016: R+20.6 2012: R+20.6 2008: R+19.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -300.02%
• Current HPI: 294.4873
• Rent YoY: ▲ 3.39%
• Metro: Pensacola-Ferry Pass-Brent, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+15.0% since first listed

9 events — show timeline

• 2025-11-08 Listing Removed — PARMLS
• 2025-11-08 Listed $63,240 PARMLS
• 2025-11-04 Listed $63,240 PARMLS
• 2025-06-17 Sold (Public Records) $50,000 Public Records
• 2025-06-11 Sold (MLS) $50,000 PARMLS
• 2025-05-28 Pending — PARMLS
• 2025-05-15 Relisted — PARMLS
• 2024-07-31 Pending — PARMLS
• 2024-07-17 Listed $55,000 PARMLS

Property tax history

+5.9%/yr

Latest (2025): $655 · +22.3% YoY. Source: county tax records.