Pensacola, FL 32502,850 S Palafox St
Pensacola, FL 32502,850 S Palafox St
Pensacola, FL 32502,850 S Palafox St
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Listed by Mark Downey • MARK DOWNEY & ASSOCIATES, INC.
$795,000
Est. payment /mo
1 Bed
1 Bath
1,250 SqFt
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UPDATED:

02/10/2025 12:24 AM

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 $6,278/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


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Tomell Johnson

+1(850) 443-6309

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