115 Milton Rd
Priced at $214,900, this 2-bedroom, 1-bath, 980 SF cottage offers affordability, flexibility, and investment potential just minutes from Historic Downtown Pensacola. Recent improvements include engineer-guided foundation and structural work, new subfloor and LVP flooring, fresh interior paint, and more. The 2021 architectural shingle roof, updated HVAC, and newer water heater provide added peace of mind. Inside, the open-concept layout includes a versatile bonus area ideal for an office, dining space, hobby room, or flex space. The renovated kitchen features cabinetry and stainless-steel appliances, while the updated bath offers modern finishes. Outside, enjoy inviting front and back porches, mature tropical landscaping, a partially fenced backyard, and a spacious storage shed on an extended concrete slab. The slab also provides a private outdoor area for seating, a firepit, or entertaining. The property has successfully operated as a furnished mid-term rental for several years, providing a proven rental history. Short-term rental potential may also be available, subject to applicable regulations. The home is offered fully furnished and turnkey, making it ideal as a primary residence, second home, or investment property. Conveniently located near Historic Downtown Pensacola, Palafox Street, NAS Pensacola, and Pensacola Beach, with easy access to dining, entertainment, waterfront activities, and military facilities. Plus, you may even catch an occasional Blue Angels flyover! A move-in-ready home with meaningful recent improvements, established rental history, and excellent location—all at $214,900.
Listing Information
Facts & Features
Location
Community Information
Architecture
Features & Amenities
Property Features
Square Footage
Tax & Financial Information
Schools
Warrington Elementary School
Assigned school for this home
Myrtle Grove Elementary School
Oakcrest Elementary School
Global Learning Academy
Pensacola State Charter Academy
Escambia Boys' Base
Capstone Academy
Navy Point Elementary School
School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.
Historical Data
Price History
| Date | Event | Price |
|---|---|---|
| 09/03/2026 | Listed for sale | $214,900 |
Listed by Tina Marsh · KELLER WILLIAMS REALTY EMERALD COAST WEST BRANCH · 8505150250
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Pensacola Association of REALTORS®, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Continental Real Estate Group, Inc are governed by the PAR Rules and Regulations and detailed information about them includes the name of the listing companies. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. Copyright © 2026 Pensacola Association of REALTORS®, Inc. All Rights Reserved.
Last Updated: September 4, 2026 at 3:57 AM | Source: Pensacola Association of REALTORS | MLS#: 688521
Similar Homes For Sale In Pensacola
Start Your Real Estate Journey
Whether you have questions about this listing, want to schedule a showing, or just want to talk through your options, Kayla Hilton is here to help. Reach out and expect a response within one business day.
How can I help?
Kayla Hilton is here to help. Reach out and expect a response within one business day.
Thanks — Kayla Hilton will be in touch shortly.
Make A Plan For Your Purchase
Know what you can afford before you start shopping — then run the numbers on any home you have in mind.
How much house can I afford?
- Principal & interest
- Property taxes
- Homeowner's insurance
- HOA dues
If your monthly savings are applied to the loan principal.
Enter your income, debts, and down payment to see how much home you may qualify for. Estimates only — not a lending decision.
Want to know more?
Chad & Karen VonHoven is here to help. Reach out and expect a response within one business day.
✓ Thanks — Chad & Karen VonHoven will be in touch shortly.
Your Next Chapter Starts With Just A Few Steps
Before you fall in love with a home, know what you can afford. Fill out a quick pre-approval so you're ready to make your move — on your timeline.
Pre-approval made easy
We're here to help you find the best option, not to help the best option find you. Trust that your information will not be shared with many different lenders like so many platforms do.
What type of home are you looking for?
How do you plan to use your new home?
Where are you in the home buying process?
Are you currently working with a real estate agent?
Do you currently own a home?
Is this your first time purchasing a home?
Do you plan to sell your current home before purchasing a new one?
Have you or your spouse served in the US military?
Veterans and active US military may be eligible for a $0 down VA loan.
What is your price range?
What is your current employment status?
What is your household pre-tax annual income?
What is your credit score?
Have you had a bankruptcy or foreclosure in the past 3 years?
Almost done — where can we reach you?
✓ Thank you for your time!
You'll hear back within one business day with your next steps.