820 S K St Charming Property with Two Homes and Endless Possibilities. Welcome to this unique property offering two homes on a spacious lot with versatile features and abundant potential. The main home, built in 1975, boasts 2 bedrooms and 2 bathrooms, including an updated primary suite with a full bath and direct access to the carport. Enjoy family gatherings in the cozy den/living room that opens to a formal dining area. The expansive kitchen with a breakfast nook and large laundry room adds convenience and charm. Step outside to discover a fenced yard, greenhouse, and a serene water feature pond. A two-story workshop, previously used for vehicle projects, is equipped with power and water. Upstairs, you'll find an office and a full bathroom with a shower—perfect for a creative workspace or guest area. The guest house features 2 bedrooms and 1 bathroom, its own driveway, and a private fenced yard, ideal for rental income, extended family, or visitors. Located close to Joe Patti’s, the Pensacola Yacht Club, and Legendary Marina, this property offers easy access to downtown Pensacola, shopping, and dining. Optional Adjacent Lot: An adjacent lot is listed separately, but the seller is open to a combined sale, offering even more possibilities for expansion or development. This rare property offers an excellent opportunity for multi-generational living, rental income, or the creation of your dream compound. Schedule your showing today.