Property ID: 5870896706
5051 Grande Dr Apt L5, Pensacola, FL, 32504
Pensacola, FL
Money Down: $59,976
CoC Return: -8.85%
Monthly Cash Flow: $-442
Est. Final ARV: $230,942
Editable financing assumptions (defaults: 4% closing costs, 7% interest).
Down Payment
$49,980
Closing Costs
$9,996
Total Down
$59,976
Investment Snapshot
Purchase Price
$249,900
Money Down
$59,976
Cash-on-Cash Return
-8.85%
Rent
$1,253
Monthly Cash Flow
$-442
Annual Cash Flow
$-5,306
Debt Service / Mo
$1,330
Property Tax / Mo
$131
Insurance / Mo
$109
Quality Score and Underwriting
Monthly Cash Flow Breakdown
Rent (Projected)
$1,253
Payment Standard
$1,525
Rent
$1,253
Insurance
$109
Property Tax
$131
Management
$125
Utilities Allowance
$272
NOI (Monthly)
$888
Debt Service
$1,330
Cash Flow After Debt
$-442
Quality Score: 76.90%
Confidence: 92.00%
Overall this 2BR townhome is close to turnkey for a Housing Choice Voucher inspection. Visible condition is good: flooring, finishes, stairs, kitchen appliances, and exterior envelope all appear sound. Main inspection risk areas are items not visible in photos: verification that smoke detectors are installed and operational on each level, presence/placement of CO alarm (recommended/required because of the fireplace), confirmation of working HVAC and hot water, and confirmation of GFCI-protected kitchen/bath outlets and electrical panel condition. Addressing those verification points and a basic service/cleaning checklist should make this property likely to pass an initial NSPIRE Section 8 inspection within 1–4 weeks.
Section 8 Payment Standard
$1,525
Utility Allowance Total
$272
Guaranteed Section 8 Rent (PS - Utilities)
$1,253
Property Management
$125
Property Fundamentals
Status
For Sale
Type
single_family
List Price
$249,900
Beds
2
Baths
2
Living Area
1,394 sqft
Lot Size
3,049 sqft
Year Built
1986
Days on Market
151
Capital Outlay
$59,976
Debt Service
$1,330
Property Tax / Mo
$131
Insurance / Mo
$109
Property Description
Welcome to uptown Pensacola living, where convenience, energy, and everyday comfort come together. Located in the heart of the thriving Cordova Area, this well-maintained townhome in Town Square places you just minutes from some of the city's best shopping, dining, medical facilities, and business centers-and less than 30 minutes from Pensacola Beach! This residence offers an ideal blend of privacy and accessibility, perfect for those who want to live close to it all while still enjoying a relaxed residential setting. Whether commuting, running errands, or enjoying an evening out, everything you need is close by, including Cordova Mall, grocery stores, restaurants, coffee shops, and major employers. Residents also enjoy access to a centrally located community pool and courtyard, providing a quiet space to unwind, socialize, or enjoy time outdoors. Inside, the floor plan is efficient and comfortable, making excellent use of space and natural light. The home is easy to maintain and well suited for full-time living, a low-maintenance second home, or an investment opportunity in a highly desirable location. If you've been looking for a property that captures where Pensacola is growing and thriving, this is it. Uptown is where it's happening-and this home puts you right in the center of it.
Utility Allowances
Heating
$28
Property has central heating. Electric fuel source was chosen as it is consistent with the explicitly mentioned electric water heater.
Cooking
$10
Property includes an oven. Electric fuel source was chosen for consistency with other electric appliances.
Water Heater
$25
Property information explicitly states 'Electric Water Heater'.
Air Conditioning
$31
Property information explicitly states 'Central Air'.
Other Electric
$54
Standard allowance for general electric use (lights, outlets, etc.).
Monthly Electric Fee
$11
Fixed monthly service fee for electricity, applicable as the property uses electric utilities.
Water
$32
Property uses a public water source.
Sewer
$49
Inferred based on public water source and location within the city; city services typically bundle water and sewer.
Trash Collection
$32
Standard residential utility; not specified as covered by the Homeowners Association.
Source References
Payment Standard Source
Effective Date:
Aug 01, 2025
/Users/chris/Github/RentalProperties/utility_allowance_fetcher/temp_agent/simple_with_context/data/FL092/sources/payment/DocumentCenter_View_27843_08012025-Utility-Allowance-Schedule-.raster.pdf
/Users/chris/Github/RentalProperties/utility_allowance_fetcher/temp_agent/simple_with_context/data/FL092/sources/utility/DocumentCenter_View_2218_Chapter-9---Utility-Estimate-Schedule-and-Payment-Standards-PDF.raster.pdf
https://www.cityofpensacola.com/DocumentCenter/View/27843
https://www.pensacolahousing.org/DocumentCenter/View/2218/Chapter-9---Utility-Estimate-Schedule-and-Payment-Standards-PDF.pdf
https://www.pensacolahousing.org/DocumentCenter/View/26772/08012024-Utility-Allowance-Schedule.pdf
https://www.pensacolahousing.org/DocumentCenter/View/27324/Updated-Payment-Standard-Utility-Allowance-Schedule-MF.pdf
https://www.pensacolahousing.org/DocumentCenter/View/27843/08012025-Utility-Allowance-Schedule-.pdf
Utility Allowance Source
Effective Date:
Aug 01, 2025
/Users/chris/Github/RentalProperties/utility_allowance_fetcher/temp_agent/simple_with_context/data/FL092/sources/payment/DocumentCenter_View_27843_08012025-Utility-Allowance-Schedule-.raster.pdf
/Users/chris/Github/RentalProperties/utility_allowance_fetcher/temp_agent/simple_with_context/data/FL092/sources/utility/DocumentCenter_View_27843_08012025-Utility-Allowance-Schedule-.raster.pdf
Insurance Quotes
Coverage Options
View QuoteDP1 Annual Estimate$1,303
DP3 Annual Estimate$1,303
DP1 Monthly Equivalent$109
DP3 Monthly Equivalent$109
Replacement Value$203,377
Basis1,394 sqft / 1986
Nearby Houses
Photo unavailable
5051 Grande Dr Apt G5
for_sale · 0.06 mi
Price: $227,000
2 bd / 2 ba · 1,270 sqft
Latest sale: $68,100
Latest rent: —
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5051 Grande Dr Apt F4
off_market · 0.06 mi
Price: $258,900
2 bd / 2 ba · 1,270 sqft
Latest sale: $245,000
Latest rent: —
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5001 Grande Dr Apt 1824
for_sale · 0.10 mi
Price: $164,500
2 bd / 2 ba · 1,190 sqft
Latest sale: $80,000
Latest rent: —
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5001 Grande Dr Apt 512
sold · 0.10 mi
Price: $110,000
2 bd / 2 ba · 947 sqft
Latest sale: $110,000
Latest rent: —
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5001 Grande Dr Apt 1123
for_sale · 0.10 mi
Price: $184,900
2 bd / 2 ba · 1,172 sqft
Latest sale: $199,000
Latest rent: —
Photo unavailable
5001 Grande Dr Apt 823
for_sale · 0.10 mi
Price: $185,000
2 bd / 2 ba · 1,172 sqft
Latest sale: $224,300
Latest rent: —
Photo unavailable
5001 Grande Dr Apt 321
off_market · 0.10 mi
Price: $1,600
2 bd / 2 ba · 1,190 sqft
Latest sale: $90,000
Latest rent: —
Photo unavailable
5001 Grande Dr Apt 1412
off_market · 0.10 mi
Price: $1,395
— bd / 2 ba · 947 sqft
Latest sale: $75,000 on Nov 15, 2004
Latest rent: $1,595 on Oct 22, 2025
Photo unavailable
5001 Grande Dr Apt 1621
sold · 0.10 mi
Price: $180,000
2 bd / 2 ba · 1,220 sqft
Latest sale: $180,000
Latest rent: —
Photo unavailable
5001 Grande Dr Apt 812
off_market · 0.10 mi
Price: $154,900
2 bd / 2 ba · 947 sqft
Latest sale: $70,000 on Jan 27, 1998
Latest rent: $1,195 on Sep 10, 2025
Photo unavailable
5001 Grande Dr Apt 1422
off_market · 0.10 mi
Price: $124,500
1 bd / 1 ba · 932 sqft
Latest sale: $72,500 on Jul 09, 2018
Latest rent: $1,400 on Jan 15, 2023
Photo unavailable
5001 Grande Dr Apt 121
sold · 0.10 mi
Price: $172,500
1 bd / 1 ba · 913 sqft
Latest sale: $172,500 on Aug 01, 2024
Latest rent: $3,000 on Nov 16, 2022
Photo unavailable
5001 Grande Dr Apt 1521
sold · 0.10 mi
Price: $165,000
2 bd / 2 ba · 1,190 sqft
Latest sale: $165,000
Latest rent: —
Photo unavailable
5001 Grande Dr Apt 1812
sold · 0.10 mi
Price: $180,000
2 bd / 2 ba · 947 sqft
Latest sale: $180,000 on Feb 07, 2025
Latest rent: —
Photo unavailable
5001 Grande Dr Apt 1522
sold · 0.10 mi
Price: $100,000
1 bd / 1 ba · 862 sqft
Latest sale: $100,000
Latest rent: —
Photo unavailable
5001 Grande Dr Apt 1024
sold · 0.10 mi
Price: $225,000
2 bd / 2 ba · 1,190 sqft
Latest sale: $225,000 on Oct 14, 2022
Latest rent: $2,000 on Mar 04, 2025
Photo unavailable
5001 Grande Dr Apt 1411
sold · 0.10 mi
Price: $152,000
2 bd / 2 ba · 947 sqft
Latest sale: $152,000 on Jun 24, 2022
Latest rent: $1,050 on Jul 17, 2019
Photo unavailable
5001 Grande Dr Apt 612
sold · 0.10 mi
Price: $155,000
2 bd / 2 ba · 947 sqft
Latest sale: $155,000 on Nov 15, 2024
Latest rent: —
Properties Used for Comps
Photo unavailable
5001 Grande Dr Apt 1621, Pensacola, FL, 32504
sold
Price: $180,000
Rent: —
2 bd / 2 ba · 1,220 sqft
Sale Date: Dec 15, 2025
Distance: 0.10 mi
View listing
Photo unavailable
5001 Grande Dr Apt 1521, Pensacola, FL, 32504
sold
Price: $165,000
Rent: —
2 bd / 2 ba · 1,190 sqft
Sale Date: Oct 22, 2025
Distance: 0.10 mi
View listing
Photo unavailable
5001 Grande Dr Apt 823, Pensacola, FL, 32504
for_sale
Price: $224,300
Rent: —
2 bd / 2 ba · 1,172 sqft
Sale Date: May 24, 2024
Distance: 0.10 mi
View listing
Photo unavailable
5001 Grande Dr Apt 1222, Pensacola, FL, 32504
sold
Price: $185,000
Rent: —
2 bd / 2 ba · 1,172 sqft
Sale Date: May 24, 2024
Distance: 0.10 mi
View listing
Photo unavailable
5051 Grande Dr Apt F4, Pensacola, FL, 32504
off_market
Price: $245,000
Rent: —
2 bd / 2 ba · 1,270 sqft
Sale Date: Oct 03, 2025
Distance: 0.06 mi
View listing
Risk and Criteria Detail
Red Flags
- success
Assumptions
- Central HVAC is present and vents shown indicate an active forced-air system; unit is operational (not visually confirmed).
- Kitchen appliances (refrigerator, range, microwave, dishwasher) are included and function but haven’t been tested in photos.
- Water heater, electrical panel, and GFCI protection exist but their condition and compliance are not visible in provided photos.
- No active roof leaks or major foundation movement exist beyond what is visible in exterior photos; roof appears intact from the pictured angle.
- Smoke alarm visible is functional; additional alarms (as required by code) may be present but not pictured.
- No recent rental history is available (rental_history_last_5y marked missing), so rental verification/tenant history cannot be used to improve score.
Tax and Sale History
Property Tax History
| Year | Tax | Market Total | Assessment Total |
|---|---|---|---|
| No tax history available. | |||
Sale History
| Date | Event | Price |
|---|---|---|
| 2026-03-02 | Price Changed | $249,900 |
| 2026-01-16 | Listed | $260,000 |
| 2010-02-22 | Listing removed | $149,900 |
| 2010-02-13 | Price Changed | $149,900 |
| 2009-10-18 | Price Changed | $155,000 |
| 2009-03-27 | Listed | $165,000 |
Photo Gallery
Show raw JSON (debug)
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"confidence": 0.75,
"assumptions": [
"Photos represent the current, full-condition of main living areas and exterior; no significant damage exists beyond photo angles shown.",
"HVAC system exists and vents visible correspond to an operational forced-air system; actual functioning will be verified prior to leasing.",
"Water heater and electrical panel are present and functional but not shown in photos; no evidence of active leaks or electrical hazards in visible areas.",
"Smoke alarm seen in hallway is operational; bedrooms may or may not have installed/working alarms (not visible in photos).",
"Kitchen/bathroom GFCI protection is not clearly visible in photos and may need verification/installation.",
"Appliances shown (fridge, range, dishwasher, microwave) are included and functional; washer/dryer not shown and not required to pass inspection."
],
"overall_score": 75.0,
"rubric_version": "nsPIRE_v1.0_photo_assessment_2026-03"
},
{
"summary": "Overall this townhouse looks in good, mostly move-in condition with cosmetic updates and included kitchen appliances. Most NSPIRE safety and system items appear acceptable from photos; however a few verification items could cause a failed initial HCV inspection if not addressed or documented: confirm working smoke detectors in all required locations, install/verify carbon-monoxide detector if required by local code, confirm GFCI protection at kitchen/bath outlets, inspect/clean the fireplace/chimney if the fireplace will be used, and verify HVAC and water heater operation. With these quick verifications/repairs (many are small or one-time actions), the unit is likely rent-ready and should pass an initial Housing Choice Voucher inspection within about 1–4 weeks.",
"criteria": [
{
"key": "condition_repairs",
"label": "Condition & Repairs",
"score": 80.0,
"rationale": "Photos show generally well-maintained interior finishes: full tile downstairs, clean painted walls, intact cabinets and countertops, functioning interior doors and windows, and included major kitchen appliances (fridge, range, microwave, dishwasher). Minor cosmetic wear visible (scuffing at baseboards, light fixture updates) and an exterior electrical receptacle appears to be missing a cover (repairable). Stair runner/carpet looks in good condition. Missing or worn cosmetic items are easy fixes and do not indicate major deferred maintenance."
},
{
"key": "safety_code",
"label": "Safety & Code Compliance",
"score": 75.0,
"rationale": "Visible items that affect safety: one smoke detector is visible on the ceiling (good). Entry door has both knob and a visible deadbolt. No exposed wiring or obvious trip hazards observed; stair handrail is present and appears secure. Unknown/uncertain items: no carbon monoxide detector visible (required in some jurisdictions if applicable), GFCI protection for kitchen counter/outlet is not visibly confirmed, chimney/firebox shows soot and should be inspected/cleaned before tenant use. Egress from bedrooms appears likely but full bedroom-window egress sizing cannot be confirmed from photos. These unknowns create moderate NSPIRE risk but are remediable with targeted fixes and verification."
},
{
"key": "systems_mechanical",
"label": "Major Systems & Mechanical",
"score": 70.0,
"rationale": "Supply/return vents visible indicating central HVAC likely present; ceiling fans also installed. Kitchen appliances are present and look serviceable (electric range, refrigerator, microwave, dishwasher). No water heater, HVAC unit, electrical panel, or plumbing clean-outs are shown — their operational condition is unverified. Roof shingles appear intact from photos with no visible sagging or obvious leak staining, but roof age is unknown. Given visible vents and lack of evidence of system failure, reasonable to assume systems are functional but should be verified (service/inspection recommended)."
},
{
"key": "exterior_site",
"label": "Exterior & Site Condition",
"score": 85.0,
"rationale": "Exterior photos show brick/ siding in good repair, intact gutters and downspouts, a level driveway (minor surface crack), and tidy landscaping. Fenced backyard and operable French doors to yard visible. No signs of standing water, major foundation cracks, or exterior structural distress visible in provided images. Small items (driveway crack, downspout termination) are normal, low-cost fixes if needed."
}
],
"red_flags": [],
"confidence": 0.6,
"assumptions": [
"Central HVAC is present and functional (supply/return vents seen); system has not been explicitly shown or tested in photos.",
"Water heater and electrical panel are present and operational though not pictured.",
"Smoke detector presence is based on one visible device; additional required detectors (bedroom/exit zones) are assumed not visible but assumed present unless inspection finds otherwise.",
"No active roof leaks or major roof failure (shingles appear intact in photos), but age and recent service history are unknown.",
"Kitchen appliances shown are in working order or will be made operational prior to tenancy; missing/older appliances would be moderate repairs only.",
"GFCI protection at countertop outlets and carbon monoxide detector are not clearly visible and should be verified/installed if absent.",
"Exterior electrical receptacle near entry appears to be missing a cover and should be repaired before inspection."
],
"overall_score": 77.0,
"rubric_version": "nsPIRE-2024-v1"
}
],
"model": "gpt-5-mini-2025-08-07",
"errors": [],
"address": "5051 Grande Dr Apt L5, Pensacola, FL, 32504",
"aggregate": {
"summary": "Overall this 2BR townhome is close to turnkey for a Housing Choice Voucher inspection. Visible condition is good: flooring, finishes, stairs, kitchen appliances, and exterior envelope all appear sound. Main inspection risk areas are items not visible in photos: verification that smoke detectors are installed and operational on each level, presence/placement of CO alarm (recommended/required because of the fireplace), confirmation of working HVAC and hot water, and confirmation of GFCI-protected kitchen/bath outlets and electrical panel condition. Addressing those verification points and a basic service/cleaning checklist should make this property likely to pass an initial NSPIRE Section 8 inspection within 1–4 weeks.",
"criteria": [
{
"key": "condition_repairs",
"label": "Condition & Repairs",
"score": 81.7,
"rationale": "Interior and exterior photos show well-maintained finishes: full tile flooring, painted walls, intact trim, staircase with secure handrail, functioning interior doors, and all major kitchen appliances visible (fridge, electric range, microwave, dishwasher). Exterior brick and siding look intact; driveway has minor hairline cracking but no active damage. Cosmetic scuffs and normal wear only. Missing items: no obvious missing appliances and no visible major cosmetic deferred maintenance. Overall only minor touch-ups likely needed (cleaning, seal driveway crack, verify appliance function)."
},
{
"key": "exterior_site",
"label": "Exterior & Site",
"score": 83.3,
"rationale": "Exterior photos show well-kept brick/siding, intact gutters/downspouts, a fenced rear yard, safe walkways, and an attached two-car garage. Landscaping is minimal and maintained; no visible signs of infestation, significant foundation exposure, or major drainage pooling. Driveway has a minor crack but no trip hazard evident. Overall exterior and site appear safe and serviceable for tenancy."
},
{
"key": "safety_code",
"label": "Safety / Code Compliance Risk",
"score": 73.3,
"rationale": "Positive observations: at least one ceiling smoke alarm visible, interior/exterior doors appear secure and have locks, no exposed wiring or visible electrical hazards in photos, stairs and handrail appear secure, no visible ceiling collapse, no signs of active leaks or standing water, windows/egress appear typical for bedrooms. Uncertainties/risks: no carbon monoxide detector visible (required where there are fuel-burning appliances or fireplaces in many jurisdictions), electrical panel not shown (condition unknown), GFCI protection for kitchen/bath receptacles cannot be confirmed from photos, hot water heater and plumbing supply shown in pictures. Fireplace shows soot/use but condition unknown (may require inspection/cleaning). These unknowns reduce score due to NSPIRE/Section 8 documentation and device-location requirements."
},
{
"key": "systems_mechanical",
"label": "Major Systems (HVAC / Electrical / Plumbing / Roof)",
"score": 70.0,
"rationale": "Evidence suggests central HVAC (supply/return vents visible) and functioning ceiling fans; kitchen appliances present and appear serviceable. Roof shingles visible and appear intact with no obvious sagging or missing large areas, gutters and downspouts are present. Missing/unknown: HVAC operational status and age not documented, water heater not pictured, electrical panel and service condition unknown, no evidence of recent service records. Because major systems are present and no visible failure in photos, but lack of verification of operation/age lowers score to moderate."
}
],
"red_flags": [],
"confidence": 0.92,
"assumptions": [
"Central HVAC is present and vents shown indicate an active forced-air system; unit is operational (not visually confirmed).",
"Kitchen appliances (refrigerator, range, microwave, dishwasher) are included and function but haven’t been tested in photos.",
"Water heater, electrical panel, and GFCI protection exist but their condition and compliance are not visible in provided photos.",
"No active roof leaks or major foundation movement exist beyond what is visible in exterior photos; roof appears intact from the pictured angle.",
"Smoke alarm visible is functional; additional alarms (as required by code) may be present but not pictured.",
"No recent rental history is available (rental_history_last_5y marked missing), so rental verification/tenant history cannot be used to improve score."
],
"score_method": "mean_of_criteria",
"overall_score": 76.9,
"rubric_version": "nsPIRE_v1.0_2026-03",
"confidence_method": "derived_from_run_agreement"
},
"property_id": "5870896706"
}
}
This dashboard combines underwriting, voucher payment standards, utilities, and local property signals in one workflow.