Exclusive 3rd-floor urban style "industrial" loft with direct elevator private entry, breathtaking views of Palafox Pier & Marina and overlooking Pensacola Bay in the heart of Downtown Pensacola. * The unit has water vistas on both sides of the unit, making it one-of-a-kind getaway that you won't find anywhere else in Pensacola! * Perfect as a weekend retreat, an extended stay, or a lucrative rental property * The units at Palafox Pier are rarely available for purchase * Other nearby residences are priced around $2,000,000 or more, and don't have the waterfront aspect that this has. ***** The unit features private elevator access via a secured fob system, along with a locked and secure foyer downstairs, making it ideal for both residential and even light-commercial office use * The Broker is the owner and has renovated the unit (2023-2024) into a masterpiece. * All of the front windows and doors have JUST been replaced as well (a $40k investment alone) ***** Other features: In-unit washer/dryer (conveys as-is but is barely used); a fully equipped kitchen with all built-in appliances that convey; Exposed brick wall; updated lighting; Surround System (w/ speakers in all rooms including the bathroom); new Water Heater; fresh & modern paint on all walls; plenty of built-in Cabinets; Large Bedroom with French Doors on both sides. **** For $7500, the owner will include all furniture, dishes, counter top appliances, cutlery, and even some of the wall art. * If you are looking for a magnificent showpiece location downtown to enjoy all the major holidays, parades, or simply entertain friends, this is it! * The seller is a licensed RE Broker in FL & AL * There is designated owner parking in rear of unit or you can park in front.
For sale
$795,000
850 S Palafox St UNIT C, Pensacola, FL 32502
1beds
1,250sqft
Est.:
Condominium
Built in 2003
-- sqft lot
$-- Zestimate®
$636/sqft
$523/mo HOA
What's special
Waterfront aspectUpdated lightingPrivate elevator accessSecured fob systemNew water heaterExposed brick wallLocked and secure foyer
- 820 days |
- 401 |
- 17 |
Zillow last checked: 8 hours ago
Listing updated: March 11, 2025 at 03:27pm
Listed by:
Mark Downey 850-456-6616,
MARK DOWNEY & ASSOCIATES, INC.
Source: PAR,MLS#: 633202
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Office
Primary bedroom
- Level: First
- Area: 300
- Dimensions: 15 x 20
Kitchen
- Level: First
- Area: 80
- Dimensions: 8 x 10
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Water Heater, Built In Microwave, Dishwasher, Refrigerator
- Laundry: Inside
Features
- High Ceilings, Recessed Lighting
- Flooring: Tile, Travertine
- Has basement: No
Interior area
- Total structure area: 1,250
- Total interior livable area: 1,250 sqft
Property
Parking
- Total spaces: 4
- Parking features: Guest, Parking Lot, On Street
- Has uncovered spaces: Yes
Features
- Levels: 4 to 7 Story
- Exterior features: Balcony, Dock
- Pool features: None
- Has view: Yes
- View description: Bay, Water
- Has water view: Yes
- Water view: Bay, Water
- Waterfront features: Bay, Waterfront, Pier
Lot
- Size: 0.5 Acres
- Features: Interior Lot
Details
- Parcel number: 000s009125000003
- Zoning description: Commercial
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary
- Property subtype: Condominium
Materials
- Frame, Steel
- Foundation: Slab
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 2003
Utilities & green energy
- Electric: Copper Wiring
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: No Energy Features
Community & HOA
Community
- Subdivision: Palafox Pier & Yacht Harbour
HOA
- Has HOA: Yes
- Services included: Association
- HOA fee: $6,278 annually
Location
- Region: Pensacola
Financial & listing details
- Price per square foot: $636/sqft
- Tax assessed value: $621,000
- Annual tax amount: $10,326
- Price range: $795K - $795K
- Date on market: 9/12/2023
- Cumulative days on market: 722 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/29/2025 | Price change | $795,000-6.5%$636/sqft |
Source: | ||
| 10/20/2024 | Price change | $850,000-5%$680/sqft |
Source: | ||
| 10/3/2024 | Listing removed | $3,950$3/sqft |
Source: PAR #652546 Report a problem | ||
| 9/17/2024 | Listed for rent | $3,950$3/sqft |
Source: PAR #652546 Report a problem | ||
| 8/20/2024 | Price change | $895,000-2.7%$716/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,326 +17.7% | $621,000 +13.6% |
| 2023 | $8,775 +11.8% | $546,480 +18.9% |
| 2022 | $7,850 +6% | $459,540 +8.8% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$5,528/mo
Principal & interest
$3819
Property taxes
$908
Other costs
$801
Climate risks
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 1/10Global Learning AcademyGrades: PK-5Distance: 2 mi
- 4/10J. H. Workman Middle SchoolGrades: 6-8Distance: 5.8 mi
- 4/10Pensacola High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Global Learning Academy
- Middle: WORKMAN
- High: Pensacola
Source: PAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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