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$1,200,000

Beds
3
Baths
3.0
sq ft
2,361

400 N Palafox St, Pensacola, FL 32501

400 N Palafox St

Pensacola, FL 32501

  • 248 days on market
    • Price drop $88,500↓
Welcome to urban living at its finest! This downtown double residence presents a rare opportunity to indulge in the vibrant energy of city life while enjoying the comforts of home. Nestled within close proximity to downtown shopping, restaurants, and entertainment venues, this property epitomizes convenience and accessibility. With two separate living spaces spanning two floors, each equipped with its own kitchen and laundry room, this residence offers unparalleled flexibility and functionality. Whether you're seeking a multi-generational living arrangement, rental income potential, or simply desire the convenience of having separate living quarters, this home effortlessly accommodates your lifestyle needs. Both floors feature two bedrooms, providing plenty of space for relaxation and privacy. The inclusion of an elevator ensures ease of access between floors, making daily living a breeze for residents of all ages and abilities. (The bunkroom does not have a closet, but makes up the 4th bedroom) Step outside to the second floor and discover your own private oasis—a captivating outdoor living space awaits, complete with a luxurious hot tub. Whether you're unwinding after a long day or entertaining guests under the starlit sky, this serene retreat is sure to become your favorite sanctuary. Storage is never in short supply with this home, as it boasts plenty of storage space throughout, including an oversized garage that offers additional room for organization and convenience. Embrace the urban lifestyle you've always dreamed of in this exceptional downtown residence. With its prime location, versatile layout, and array of amenities, this property offers a rare opportunity to live life to the fullest in the heart of the city. Don't miss your chance to make this urban retreat your own—schedule a showing today! Buyer to verify all measurements and information.

Details

Property type

Single Family Residence

Est. home value

$1,015,815

Lot size

2,648.448 sq ft

Price per sq ft

$509

Year built

2020

Monthly HOA fee

$12.5

Price History

07/19/2024
Pensacola

Pensacola #642187

Price change
$1,200,000
-6.87%
07/01/2024
Pensacola

Pensacola #642187

Price change
$1,288,500
-4.48%
05/16/2024
Pensacola

Pensacola #642187

Price change
$1,349,000
-3.57%

Schools & Community

Neighborhood: 

East Downtown

Elementary school: 

Global Learning Academy

Middle school: 

Workman

High school: 

Pensacola

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Renasant Bank

Loan start date

March 2023

Original loan amount

$61,000

Est. remaining balance

Not provided

Interest rate

5.17%

Loan type

Credit Line (Revolving), 10 year

Seller

Donald T Petsinger

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/23/2024 at 11:25 AM

Listing updated: 10/23/2024 at 5:00 PM

Listed by: Katy Collins, Levin Rinke Realty Phone #: (850) 916-5050

MLS: Pensacola #642187

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