850 S Palafox St Active Save Request In-Person Tour Request Virtual Tour
Pensacola,FL 32502
Key Details
Property Type Condo
Sub Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 1,250 sqft
Price per Sqft $636
Subdivision Palafox Pier & Yacht Harbour
MLS Listing ID 633202
Style Contemporary
Bedrooms 1
Full Baths 1
HOA Fees $523/ann
HOA Y/N Yes
Originating Board Pensacola MLS
Year Built 2003
Lot Size 0.500 Acres
Acres 0.5
Property Sub-Type Condo
Property Description
Exquisite 3rd-floor loft with breathtaking views of Palafox Pier & Marina, located next to Jaco's and overlooking Pensacola Bay in the heart of Downtown Pensacola. This truly unique urban loft offers direct elevator entry and is waterfront on both sides, providing stunning views of the marina and the Port of Pensacola while placing you in the center of everything Downtown Pensacola has to offer. Perfect as a weekend retreat, an extended stay, or a lucrative rental property, with short-term rentals permitted. Finding a waterfront condo or home in this prime location is incredibly rare, making this an exclusive opportunity. Only a handful of units like this exist, and with nearby residences priced around $2,000,000, this is one of the best-value opportunities available. 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 office use. Fully renovated in 2023-2024 by the owner, who is also the Broker of Record, over $100,000 has been invested in modernizing the space into a masterpiece. The loft includes a front balcony, an accessible rear balcony with stunning Port and Bay views, in-unit washer/dryer hookups, and a fully equipped kitchen with appliances that convey. With a full-price offer, the owner may also include dishes, cutlery, and front chairs. The seller is a licensed real estate broker in Florida and Alabama.
Location
State FL
County Escambia
Zoning Commercial
Rooms
Dining Room Breakfast Bar,Living/Dining Combo
Kitchen Updated,Granite Counters,Pantry
Interior
Interior Features High Ceilings,Recessed Lighting,Office/Study
Heating Central
Cooling Central Air
Flooring Tile,Travertine
Appliance Electric Water Heater,Built In Microwave,Dishwasher,Refrigerator
Exterior
Exterior Feature Balcony,Dock
Parking Features Guest,Parking Lot,On Street
Pool None
Waterfront Description Bay,Waterfront,Pier
View Y/N Yes
View Bay,Water
Roof Type Metal
Total Parking Spaces 4
Garage No
Building
Lot Description Interior Lot
Faces SOUTH on Palafox - across from the marina, just before Jaco's Restaurant ** Palafox Pier
Water Public
Structure Type Frame,Steel
New Construction No
Others
HOA Fee Include Association
Tax ID 000S009125000003