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For sale
  • $795,000

    850 S Palafox St UNIT C, Pensacola, FL 32502

    1beds
    1,250sqft
    : 
    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
    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.
    820 days
    |
    399
    |
    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#: 633202MLS Logo

    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
    Get pre-qualifiedBe ready to make an offer.
    Connect with an agentGet info on this home, tour, and more.
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    1/29/2025Price change$795,000-6.5%$636/sqft
    Source: PAR #633202 Report a problem
    10/20/2024Price change$850,000-5%$680/sqft
    Source: PAR #633202 Report a problem
    10/3/2024Listing removed$3,950$3/sqft
    Source: PAR #652546 Report a problem
    9/17/2024Listed for rent$3,950$3/sqft
    Source: PAR #652546 Report a problem
    8/20/2024Price change$895,000-2.7%$716/sqft
    Source: PAR #633202 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax 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
      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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