$795,000
- Beds
- 1
- Baths
- 1.0
- sq ft
- 1,250
850 S Palafox St Unit C, Pensacola, FL 32502
850 S Palafox St Unit C
Pensacola, FL 32502
- 530 days on market
- Price drop $55,000↓
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.
Details
Property type
Condominium
Lot size
0.5 acres
Price per sq ft
$636
Year built
2003
Monthly HOA fee
$523.2
Price History
01/29/2025
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Pensacola #633202
Price change
$795,000
-6.47%
10/20/2024
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Pensacola #633202
Price change
$850,000
-5.03%
08/20/2024
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Pensacola #633202
Price change
$895,000
-2.72%
Schools & Community
Neighborhood:
Downtown
Elementary school:
Global Learning Academy
Middle school:
Workman
High school:
Pensacola
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Status: Active
Tomo last checked: 02/23/2025 at 1:15 PM
Listing updated: 02/09/2025 at 7:30 PM
Listed by: Mark Downey, MARK DOWNEY & ASSOCIATES, INC. Phone #: (850) 456-6616
MLS: Pensacola #633202
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