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2602 Dr Martin Luther King Jr Dr

Pensacola, FL 32503

3 bd 1 ba 880 sqft Built 1948 Lot 3,825 sqft single_family
Most recent sale
$97,000
May 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 15, 2024 Listed for rent $1,350 TurboTenant
Jan 9, 2023 Listed for rent $1,900 TurboTenant
Jan 3, 2023 Listed for rent $1,900 Avail
Oct 28, 2022 Sold $162,500 Pensacola
Sep 10, 2022 Price changed $164,900 MLS #614928
Aug 24, 2022 Listed $179,900 MLS #614928
May 12, 2022 Sold $97,000 Public Record
Mar 28, 2022 Price changed $109,900 MLS #601156
Mar 21, 2022 Price changed $129,900 MLS #601156
Dec 19, 2021 Price changed $139,900 MLS #601156
Dec 15, 2021 Listed $149,900 MLS #601156
Apr 13, 2017 Listing removed $43,000 Pensacola
Mar 20, 2017 Price changed $43,000 MLS #507603
Jan 23, 2017 Price changed $47,500 MLS #507603
Jan 19, 2017 Price changed $49,000 MLS #507603
Oct 15, 2016 Listed $59,900 MLS #507603
Oct 12, 2015 Sold $45,000 Public Record
Jun 1, 2011 Listing removed $59,000 Pensacola
Nov 17, 2010 Price changed $59,000 MLS #391855
Jun 17, 2010 Listed $65,000 MLS #391855
Aug 4, 2009 Listing removed $64,900 Pensacola
Jul 11, 2009 Price changed $64,900 MLS #360283
Apr 27, 2009 Listed $69,900 MLS #360283
Apr 5, 2009 Listing removed $74,900 Tallahassee
Sep 29, 2008 Listed $74,900 MLS #189499

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $120,149 $9,375 $129,524 $2,284
2023 $109,739 $9,375 $119,114 $2,063
2021 $50,883 $945
2020 $38,758 $7,500 $46,258 $846
2019 $36,174 $7,500 $43,674 $806
2018 $33,591 $7,500 $41,091 $773
2017 $30,683 $7,125 $37,808 $727
2016 $31,108 $7,125 $38,233 $744
2015 $29,417 $7,125 $36,542 $722
2014 $34,941 $669
2013 $32,262 $655
2012 $32,637 $669
2011 $33,945 $696
2010 $36,302 $741
2009 $37,629 $768
2008 $39,772 $804

Property facts

Year built
1948
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
880 sqft
Lot size
3,825 sqft
ZIP code
32503
City
Pensacola
Street
Dr Martin Luther King Jr Dr
Coordinates
30.43959, -87.21514

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$582
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2602 Dr Martin Luther King Jr Dr last sell?
2602 Dr Martin Luther King Jr Dr most recently sold on May 12, 2022 for $97,000.
What is the current tax assessment for 2602 Dr Martin Luther King Jr Dr?
The most recent total assessment for 2602 Dr Martin Luther King Jr Dr (year 2025) is $129,524 with $2,284 in property tax.
How does 2602 Dr Martin Luther King Jr Dr's assessment compare to its last sale price?
The current assessment is 33.5% above the last sale price of $97,000.
When was 2602 Dr Martin Luther King Jr Dr built?
2602 Dr Martin Luther King Jr Dr was built in 1948.
How does 2602 Dr Martin Luther King Jr Dr compare to others on Dr Martin Luther King Jr Dr?
We track 8 other properties on Dr Martin Luther King Jr Dr. Browse the list under "Other properties on Dr Martin Luther King Jr Dr" to compare beds, baths, and sale history.
What are the property facts for 2602 Dr Martin Luther King Jr Dr?
2602 Dr Martin Luther King Jr Dr is a 3 bed, 1 bath, 880 sqft, 3,825 sqft lot single_family.
Is 2602 Dr Martin Luther King Jr Dr a flip candidate?
Yes — 2602 Dr Martin Luther King Jr Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2602 Dr Martin Luther King Jr Dr a tax-appeal candidate?
No — 2602 Dr Martin Luther King Jr Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.2%
Implied 1-yr
+8.7%
2026 Q3
$472K
2026 Q4
$481K
ZIP 32503 — Median Price History + Forecast

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