532 S 1st St Charming 2-bedroom, 1-bathroom cottage located at 532 S. First St, Pensacola. This cozy home is perfect for investors or first-time homebuyers, offering a great opportunity to customize and add value with a little TLC. The property features a spacious lot with a detached shed, ideal for additional storage or use as a workshop. Situated just minutes from NAS Pensacola and the beautiful local beaches, this home provides convenient access to both military facilities and leisure activities. The interior includes a welcoming living area with plenty of natural light and a functional kitchen that opens into the living space. Both bedrooms are comfortably sized and connect to the bathroom for easy access. Home was built in 1939 with an effective date of 1975 but was remodeled in 2005. Roof is less than 5 years old. HVAC is less than 3 years old.