1040 Wayne Ave, Perdido Key, FL 32507
Property image
Property image
FOR SALE

$79,995

Original price: $84,000
  • 2 Beds
  • 1 Bath
  • 656 sqft

1040 Wayne Ave, Perdido Key, FL 32507

Warrington
Est. Mortgage $589/mo*
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Home Highlights

Single-Family Home
Built in 1958
$122/sqft
Open Parking

Local Information

  • Map ViewExplore the area around 1040 Wayne Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Opportunity is knocking in Pensacola’s Beach Haven area. This 2-bedroom, 1-bath cottage offers a compact footprint with meaningful updates already completed, making it a smart option for buyers looking for a renovation project, rental opportunity, or affordable entry point into the market. Major improvements include a roof from October 2020, septic-to-sewer conversion in February 2022, updated plumbing in 2026, water heater 2020 and updated electrical in 2026. The home is being sold as-is and does not currently have a permanent heating or cooling system, giving the next owner room to finish the property to their needs and vision. Set on a 0.17 lot, and includes the adjoining lot, in Flood Zone X, this property offers flexibility in a convenient west Pensacola location near NAS Pensacola, Bayou Chico, Downtown Pensacola, and Perdido Key. Bring your contractor, your ideas, and your plans. This is a rare chance to create value at an attainable price point.
Last check for updates: about 21 hours ago
Listing courtesy of Wayne Peacock, (850) 706-4972
Levin Rinke Realty
Source: PAR, MLS#686655
Also Listed on PAR.

Home Details for 1040 Wayne Ave

Interior Features

Interior Details
Number of Rooms: 3Types of Rooms: Master Bedroom, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 656 Square Feet
Appliances & Utilities
Appliances: Electric Water Heater, RefrigeratorRefrigerator
Heating & Cooling
Heating: Wall/Window Unit(s)Has CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Wall Window Unit S
Gas & Electric
Electric: Copper Wiring
Windows, Doors, Floors & Walls
Flooring: Vinyl, Carpet
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Vinyl, Carpet

Exterior Features

Exterior Home Features
Roof: ShingleFencing: Chain LinkFoundation: Off Grade
Parking & Garage
No CarportNo GarageHas Open ParkingParking: Driveway
Pool
Pool: None
Frontage
Responsible for Road Maintenance: County Maintained RoadRoad Surface Type: Paved
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Cumulative Days on Market: 43Days on Market: 45

Property Information

Year Built
Year Built: 1958
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Cottage
Building
Construction Materials: FrameNot a New ConstructionNot Attached Property
Property Information
Condition: ResaleParcel Number: 352s311000003147

Price & Status

Price
List Price: $79,995Price Per Sqft: $122
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Location

Direction & Address
City: PensacolaCommunity: None
School Information
Elementary School: West PensacolaJr High / Middle School: BAILEYHigh School: Escambia

Agent Information

Listing Agent
Listing ID: 686655

Building

Building Area
Building Area: 656 Square Feet

HOA

HOA Fee Includes: NoneNo HOA

Lot Information

Lot Area: 0.1664 Acres

Documents

Disclaimer: Property is being sold as-is. The seller will not make repairs or offer credits for repairs. Buyers are encouraged to complete any inspections they feel are important before moving forward.

Listing Info

Special Conditions: Standard

Energy

Energy Efficiency Features: No Energy Features

Miscellaneous

Mls Number: 686655Attribution Contact: wayne@peacockgroup.info

Around this home

Neighborhood Overview

Warrington
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Warrington

At least 29 Trulia users voted on each feature.

  • 85 % Say car is needed

  • 80 % Say yards are well-kept

  • 79 % Say parking is easy

  • 73 % Say it's dog friendly

  • 64 % Say kids play outside

  • 59 % Say it's quiet

  • 56 % Say it's walkable to restaurants

  • 56 % Say there's holiday spirit

  • 50 % Say there are sidewalks

  • 45 % Say neighbors are friendly

  • 38 % Say it's walkable to grocery stores

  • 35 % Say they plan to stay for at least 5 years

  • 31 % Say streets are well-lit

  • 29 % Say there's wildlife

  • 27 % Say people would walk alone at night

  • 13 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "It’s nice and quiet. Some neighborhoods are better than others but over all it’s a sleepy town. If you’re not in to the whole fast paced packed city "
    1
    Flag
  • Trulia User
    "Easy access to downtown Pensacola and Perdido Key. Close to NAS Pensacola and the scenic beauty of Navy Pointe Park. Older style homes that are similar to East Hill line the Bayou Grande. Great place to live if you like the water. "
    1
    Flag
  • Trulia User
    "The park that surrounds the neighborhood by sidewalk is a really nice area. I see children/adults biking along the path, walking their dogs & even rollerblading. "
    1
    Flag
  • Courtneycarroll51
    "Sometimes they have a nice block party at the park for the kids to have a good time. Wish they did more in the beach heaven area "
    0
    Flag
  • Naterussell35
    "People walk dogs a lot but most don’t pick up after their pets it’s quiet in most parts of the city but not everywhere "
    0
    Flag
  • Karen L.
    "It is close to several beaches, hiking trails, and shopping. It has small town charm with bigger city amenities. "
    5
    Flag
  • Syrus W.
    "There are bad groups everywhere you go. just make yourself aware of them and what your child is doing when you're not with them."
    0
    Flag
  • Tanya W.
    "Packed with schools and churches, this are is great for those who want to be left alone, live quietly and humbly and Navy people transitioning through. "
    3
    Flag
  • Simplychanel88
    "Bad area, low rent but terrible place. Burglars are walking the streets all day scoping a new house to rob! My friend lived there and his place was about to be robbed, but his dog scared the burglars away. Also I've heard they robbed the new next door occupant, twice! Took everything. I will not stop until I let everybody know about this bad area. Believe me, the low rent is NOT worth it!"
    8
    Flag

Market trends in Pensacola

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$290K
$8.33KMoM
Sale-to-List Price
98.2%
Price per sq ft
$177
$1MoM
Available listings
1708
88MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1004 Decatur Ave, Perdido Key, FL
0.35
Single-Family Home
$148,100
08/14/26
2
1
702
514 NW Syrcle Dr, Pensacola, FL
0.50
Single-Family Home
$210,000
08/07/26
2
1
704
636 Elite Rd, Perdido Key, FL
0.31
Single-Family Home
$142,500
07/17/26
2
1.5
770
331 Bryant Rd, Perdido Key, FL
0.54
Single-Family Home
$77,500
10/08/25
2
1
576
503 Sunset Ave, Perdido Key, FL
0.52
Single-Family Home
$50,000
08/17/26
2
1
800
714 Wingate St, Perdido Key, FL
0.46
Single-Family Home
$120,000
09/22/25
2
1
1,024
507 W Sunset Ave, Perdido Key, FL
0.50
Single-Family Home
$140,000
06/08/26
2
1
936
828 Gordon Ave, Perdido Key, FL
0.32
Single-Family Home
$185,000
08/20/26
2
1
1,208
1106 Mills Ave, Perdido Key, FL
0.16
Single-Family Home
$203,000
08/31/26
3
1
1,040

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1025 Lownde Ave, Perdido Key, FL 32507
0.05
$163,600
2
1
858
Off Market
1100 Wayne Ave, Perdido Key, FL 32507
0.07
$150,900
3
2
1,352
Off Market
1108 Wayne Ave, Perdido Key, FL 32507
0.10
$247,100
3
2
1,340
Off Market
Lot 20 Paulding Ave, Pensacola, FL 32507
0.14
-
-
-
-
Off Market
1000 Blk Paulding Ave, Perdido Key, FL 32507
0.11
-
-
-
-
Off Market
1107 Paulding Ave, Pensacola, FL 32507
0.15
$203,200
3
2
1,114
Off Market
1106 Mills Ave, Perdido Key, FL 32507
0.16
$203,000
3
1
1,040
Recently Sold
1036 Mills Ave, Perdido Key, FL 32507
0.15
$100,200
2
1
891
Off Market
Lot 21 Paulding Ave, Pensacola, FL 32507
0.15
-
-
-
-
Off Market
1113 Paulding Ave, Pensacola, FL 32507
0.16
$189,200
2
2
937
Off Market
1109 Paulding Ave, Pensacola, FL 32507
0.16
$223,400
3
2
1,450
Off Market

Price and Tax history

DateEventPrice
Sep 10, 2026
Source: PAR #686655
PriceChange
$79,995
Price decreased by 5%
Aug 24, 2026
Source: PAR #686655
PendingToActive
$84,000
Aug 19, 2026
Source: PAR #686655
Contingent
$84,000
Aug 14, 2026
Source: PAR #686655
PriceChange
$84,000
Price decreased by 11%
Jul 29, 2026
Source: PAR #686655
Listed For Sale
$94,000

LGBTQ Local Legal Protections

Wayne Peacock, Levin Rinke Realty
Agent Phone: (850) 706-4972
Copyright© 2026 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information deemed reliable but not guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Frequently asked questions about 1040 Wayne Ave

  • What is the estimated monthly payment for 1040 Wayne Ave?
    Based on a $79,995 list price with 20% down at today's rates, the estimated monthly payment for 1040 Wayne Ave in Perdido Key, FL is approximately $596 (about $430 principal & interest, $91 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 1040 Wayne Ave compare to homes in Perdido Key?
    1040 Wayne Ave in Perdido Key, FL is listed at $79,995, about 72% below the $290K median sale price in Perdido Key.
  • What do residents say about the Warrington neighborhood?
    Residents describe the Warrington neighborhood in Perdido Key, FL as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See homes for sale in Warrington, Perdido Key.
  • What are the closest schools to 1040 Wayne Ave?
    The closest schools to 1040 Wayne Ave in Perdido Key, FL are Escambia High School (rated 3/10), Jim C. Bailey Middle School (rated 5/10), Navy Point Elementary School (Pre-K, rated 2/10).
  • Does 1040 Wayne Ave have air conditioning?
    Yes, 1040 Wayne Ave in Perdido Key, FL has air conditioning.
  • How big is the lot at 1040 Wayne Ave?
    The lot at 1040 Wayne Ave in Perdido Key, FL is about 0.17 acres (7,248 sq ft).
1040 Wayne Ave, Perdido Key, FL 32507 is a 2 bedroom, 1 bathroom, 656 sqft single-family home built in 1958. 1040 Wayne Ave is located in Warrington, Perdido Key. This property is currently available for sale and was listed by PAR on Jul 29, 2026. The MLS # for this home is MLS# 686655.