Luxury Marina-View Condo in the Heart of Downtown Pensacola. Experience the best of downtown living in this stunning condo overlooking the Palafox marina. Located in Pensacola’s most desirable complex, this low density (only 9 residences) building offers a perfect blend of modern luxury and unbeatable convenience. Recently refreshed with new paint, the interior boasts elegant finishes by Lacy Phillips Design including beautiful wallpaper, designer light fixtures, and high-end cabinetry that enhance the condo's refined aesthetic. The open-concept living area is adorned with rich hardwood floors and built in bookshelves. The luxuriously designed kitchen features a large island, a Wolf gas stove/oven, a Subzero refrigerator, and ample storage with cabinetry on both sides of the island—ideal for both everyday living and entertaining. The primary suite is a beautiful retreat, complete with a custom walk-in closet, bathroom with double sinks, a heated towel warmer, and a private water closet. Relax on your covered balcony with serene marina views, the perfect spot for morning coffee or evening cocktails. Additional highlights include covered parking, private elevator access with only three units per floor, and a secured entrance on Palafox Street. Enjoy the walkability of this prime location—just steps from Palafox Street’s charming shops, the Pensacola Museum of Art, the Saenger Theatre, Wahoos Stadium, and more. These residences rarely come on the market. Don’t miss this rare opportunity to own a sophisticated waterfront condo in the heart of downtown Pensacola! Buyer to verify all measurements and information. Buyer to verify all measurements and information.
For sale
$1,199,000
701 S Palafox St #3B, Pensacola, FL 32502
2beds
1,574sqft
Est.:
Condominium
Built in 2016
-- sqft lot
$-- Zestimate®
$762/sqft
$463/mo HOA
What's special
Large islandHeated towel warmerElegant finishesOverlooking the palafox marinaBuilt in bookshelvesRich hardwood floorsLuxuriously designed kitchen
- 160 days
- on Zillow |
- 582 |
- 20 |
Zillow last checked: 7 hours ago
Listing updated: July 02, 2025 at 10:22am
Listed by:
Katy Collins 850-261-3333,
Levin Rinke Realty,
Liz Harrison 850-293-2995,
Levin Rinke Realty
Source: PAR,MLS#: 659996

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: First
- Area: 99
- Dimensions: 9 x 11
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Tankless Water Heater/Gas, Refrigerator
- Laundry: Inside
Features
- Bar, Bookcases, Crown Molding, High Ceilings, Recessed Lighting
- Flooring: Hardwood, Tile
- Doors: Insulated Doors
- Windows: Impact Resistant Windows
- Has basement: No
Interior area
- Total structure area: 1,574
- Total interior livable area: 1,574 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: 1 Space/Unit
Features
- Levels: 4 to 7 Story
- Exterior features: Balcony
- Pool features: None
- Has view: Yes
- View description: Bay, Water
- Has water view: Yes
- Water view: Bay, Water
- Waterfront features: Bay, Waterfront, Block/Seawall, Natural, Rip Rap
Lot
- Size: 0.27 Acres
Details
- Parcel number: 000s009600002003
- Zoning description: Res Multi
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary
- Property subtype: Condominium
Materials
- Concrete, Steel
- Foundation: Pillar/Post/Pier
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 2016
Utilities & green energy
- Electric: Copper Wiring
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Insulation, Insulated Walls
Community & HOA
Community
- Features: Elevator
- Subdivision: Palafox Pier & Yacht Harbour
HOA
- Has HOA: Yes
- Services included: Association, Maintenance Grounds, Management, Pest Control, Water/Sewer
- HOA fee: $5,559 annually
Location
- Region: Pensacola
Financial & listing details
- Price per square foot: $762/sqft
- Tax assessed value: $881,440
- Annual tax amount: $14,630
- Price range: $1.2M - $1.2M
- Date on market: 3/3/2025
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