$468,393Average Value$248Average Price per Sq Ft3Homes For Sale
Downtown Pensacola blends history and culture
Most homes in Downtown Pensacola were built between the mid-1800s and early 1900s, when the Pensacola & Atlantic railroad first opened, and the city's tourism industry began to explode. While tourism is still one of the city's main economic drivers, "most of the vacationers stay out by the beach," Jessica Duncan says. A local Realtor at Better Homes and Gardens Real Estate Main Street Properties, Duncan is a longtime resident of the area with over a decade's experience selling homes across the city. "Downtown has always been a more residential part of the area," she says, but it's also "a wonderful destination to try great food, enjoy a craft cocktail or just walk your dog down the historic streets."
Locals love dining alfresco on a sunny day in Downtown Pensacola.
Locals gather and walk their pooches in the Plaze De Ferdinand.
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Fine dining and grocery shopping near Downtown Pensacola
Downtown Pensacola boasts a bustling restaurant and nightlife scene, mostly along Palafox and Jefferson streets. Gift shops sit next to local boutiques stocked with all kinds of beachwear. There are high-end jewelry stores across from independent art galleries and old-school candy shops. Next door, The Wine Bar has daily happy hour specials from 11 a.m. to 6 p.m., and "really great food," Duncan says. "Global Grill is another staple spot" that serves a multicultural mix of tapas, ranging from spicy tuna sashimi to bacon-wrapped Brussels sprouts. "Polonza Bistro has a fantastic brunch menu and great coffee," she says. "Most places have some kind of outdoor seating, so a lot of people like to bring their dogs with them." When describing Downtown's nightlife, Duncan says, "We definitely don't have a club scene like Miami, but we do have plenty of bars and breweries where you can sit down and listen to live music with a craft cocktail or beer."
Most folks head to Publix at East Hill for day-to-day groceries and buy fresh produce at the weekly farmers market. Occurring every Saturday from 9 a.m. to 2 p.m., the Palafox Market "has it all," Duncan says, "from fresh-baked bread and homegrown veggies to hand-made jewelry and wooden rocking chairs." Joe Patti's Seafood is a renowned fish market at the end of A Street along Pensacola Bay. "Everybody goes there, so it's always packed, but the wait is never too long," she says. "And it's worth it because they have every kind of seafood you can imagine."
The downtown area is very walkable in Pensacola, FL.
Ever'man's provides natural and organic foods in walkable Downtown Pensacola.
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Historic homes and high-rise condos
Historic Creole Cottages and shotgun-style homes line the residential blocks around Palafox Street. Most of these houses are from the early 1900s, but some Spanish Colonials and Victorian two-stories date back to the nineteenth century. One-bedroom fixer-uppers typically start around $150,000, while a well-maintained six-bedroom historic home can range up to about $1 million. New construction homes began popping up throughout the neighborhood in the early 2000s. Their Craftsman Cottage-style architecture and double-decker balconies blend seamlessly with the surrounding historic beach houses. These newer listings start at $600,000 and range to $2.9 million. One-bedroom condos in the heart of Downtown Pensacola can go for as low as $75,000, but most fall within the $350,000 to $600,000 range. "On Palafox," Duncan says, "there are condos above the shops and restaurants" and "townhomes overlooking Pensacola Bay." These listings range from about $900,000 to $1.75 million.
Adorable beachy homes dot the streets in Pensacola.
A row of 2 story shotgun homes stand tall on this street in Pensacola.
Rows of picturesque houses line the streets of Pensacola.
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Community Maritime Park hosts entertainment and events
White sand beaches and turquoise waves may be Pensacola's main tourist attraction, but its Downtown neighborhood has a wealth of recreation and entertainment across the Bay. American Magic, an international yacht racing club and America's Cup team moved its headquarters from Key West to the far end of South Palafox Street in 2024. Now, the 75-foot sailboats and 175-foot Mega yachts anchor at Palafox Pier Yacht Harbor Marina. It's directly across from Blue Wahoos Stadium, where Duncan says, "You can see the baseball team practicing throughout the week." Community Maritime Park has a small public marina and a massive turf playscape behind the ballpark. Off the coast, Historic Pensacola Village comprises about 8.5 acres between East Main and Government Streets. It showcases a collection of historic buildings and museums dating back to the colonial era and includes the city's main festival grounds, Seville Square. Along with history museums, Downtown is home to the Pensacola Library, the Pensacola Museum of Art, the Children's Museum and the community little theatre, which puts on dozens of volunteer-led productions each year.
Lots to do at Corinne Park.
Its a lovely walk around the memorial park.
Its a lovely walk around the memorial park.
Residents can stretch their legs and enjoy the view at Maritime Park in Downtown Pensacola.
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Seville Square hosts the Great Gulfcoast Arts Festival
Seville Square hosts other local events, such as the annual three-day Great Gulfcoast Arts Festival, inviting over 200 artists every fall. The festival’s Heritage Arts Area features demonstrations of weaving, spinning, blacksmithing and other traditional art forms. Bartram Park, connected to Seville Square, hosts the Children’s Arts Festival on the same weekend. Kids can get their faces painted and create their own masterpieces at the free event. Downtown is also home to several museums, including the Pensacola Museum of Art and the Pensacola Museum of History.
A beautiful square, Seville.
Roam the Blue Morning Art Gallery in Downtown Pensacola.
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Escambia County public schools and several private options
Downtown Pensacola is part of the Escambia County School District. O.J. Semmes Elementary and J.H. Workman Middle both score a C-minus on Niche. Pensacola High earns a B-plus. It offers the only International Baccalaureate (IB) Diploma Programme in the district and, according to Newsweek, is one of the top 100 high schools in the country.
Lighthouse Academy welcomes local students.
The School of Liberal Arts welcomes students.
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Minutes away from Pensacola Beach
Business Route 98 meets Interstate 110, a few blocks east of North Palafox Street. A few blocks further east is the Pensacola Bay Bridge, which leads locals and tourists alike first to Gulf Breeze and then, via the toll bridge, to Pensacola Beach. "Most of our tourism stays out by the beach, so you have a lot of locals here and less traffic going about your day-to-day life." Nearly all the downtown restaurants and shops are within walking or biking distance, but Duncan says cars are still the most common form of transportation. A few public bus lines connect Downtown to the area's largest employers. Route 64 offers a 25-minute bus ride straight to Naval Air Station Pensacola, which "is a military base and flight training school that's home to the U.S. Navy Blue Angels," she says.
A stunning aerial view of Downtown Pensacola with I-110 in the distance.
Pelican statues memorialize many different things all over the city of Pensacola.
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Environmental issues and crime
Though Downtown Pensacola is currently experiencing a resurgence, with dozens of new businesses and residential housing units opening since the mid-2010s, the city's lack of environmental protections has caused great suffering for the community and the city at large. Main Street Wastewater Treatment Plant was built in the 1930s next door to where Community Maritime Park and Bruce Beach exist today. The sewer plant was eventually shut down in 2011 after decades of polluting the soil, the Bay and the city's water supply. As of the mid-2010s, local officials and the U.S. Department of Environmental Protection have dedicated hundreds of millions of dollars to restore the environment. Still, with frequent hurricanes and tropical storms helping to distribute the contamination, Pensacola ranks as the 12th most toxic city in the United States. Downtown Pensacola has a CAP Index crime score of 7 out of 10, compared to the national average of 4, driven by higher-than-average scores for property crimes.
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Interested in learning more about homes in this area?
Reach out to
Alexis Bolin,
an experienced agent in this neighborhood.
Parks in this Area
Bartram Park
Plaza De Ferdinand
Seville Square
Admiral Mason Park
Corinne Jones Park
Plaza Ferdinand VII
Vince J. Whibbs Sr. Community Maritime Park
Transit
Airport
Pensacola International
12 min drive
Bus
Spring St & La Rua St
Bus
Downtown Transfer Station
Bus
Palafox Street & Jackson Street
Bus
Baylen Street & Cervantes Street
Bus
Zarragossa St & Palafox St
Bus
Cervantes St & 8th Ave
Bus
9th Ave & Gregory St
Downtown Pensacola Demographics and Home Trends
On average, homes in Downtown Pensacola, Pensacola sell after 86 days on the market compared to the national average of 70 days. The median sale price for homes in Downtown Pensacola, Pensacola over the last 12 months is $270,000, down 31% from the median home sale price over the previous 12 months.
Welcome to 203 Port Royal Way — a rare opportunity to own a 2,251 sq ft end-unit residence in one of downtown Pensacola’s most exclusive gated waterfront communities. Located on the 2nd floor, this expansive 2-bedroom, 2-bath condo also features a generous study/flex room that can easily be converted back into a third bedroom, offering exceptional versatility for guests, remote work, or extended
Jennifer CobbBerkshire Hathaway Home Services PenFed Realty
This top floor condo faces south across Garden St. Located on the edge of the historic district, the city is incredibly walkable from here. You are within sight of the Bay Center and the IHMC, numerous galleries, restaurants, pubs and shops. Walk to the ferry rather than fight traffic to the beach. Watch the Blue Angels fly down Palafox on their way home from an air show. Walk to a Blue Wahoo
Experience the charm of historic Downtown Pensacola in this beautifully renovated 1-bedroom, 1-bath condo, located in a former hotel thoughtfully converted into a unique condominium community. This third-floor corner unit combines two original hotel rooms into one spacious and stylish residence, offering both north and west-facing views. Inside, you'll find engineered hardwood flooring, granite
Welcome to a living experience like no other. The studio, one, two, and three bedroom apartments and townhomes at Palmilla in Pensacola, FL are specifically designed to give you the highest possible quality of life. Your home will include polished quartz countertops with custom wood cabinets, ceramic-tiled walk-in showers, and a full-size washer and dryer among a host of other high-end features.
Location! Location! 1-bedroom 2-bathroom retreat located in downtown Pensacola, FL. Only a short walk takes you to many shops and restaurants to satisfy your every need. The property has been updated with new luxury vinyl plank flooring that extends throughout the living areas. The kitchen has been meticulously updated with butcher block counters and new soft-closing cabinets. New stainless-steel
Located in the heart of downtown Pensacola, FL, Southtowne Apartments is the urban dweller's dream. With high-end finishes and a full suite of community amenities, our studio, one-, two-, and three-bedroom apartment homes are sure to impress. Simply take the elevator downstairs to find convenient options for shopping and dining, or venture out to Palafox Street, the Seville Historic District and
Interested in learning more about homes in this area?
Reach out to
Alexis Bolin,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has Equal Renters and Owners
Demographics
Total Population
3,704
Median Age
44
Population Density
4 ppl/acre
Population under 18
15.8%
Below the national average
23.8%
Population over 65
21.9%
On par with the national average
19.1%
Finances
Median Household Income
$48,382
Significantly below the national average
$71,702
Average Household Income
$80,566
Education and Workforce
High School Graduates
87%
College Graduates
41.4%
Above the national average
34.1%
Advanced Degrees
18.4%
Above the national average
13.3%
% Population in Labor Force
62.5%
Weather
Annual Precipitation
68''
Average Winter Low Temperature
44°F
Average Summer High Temperature
92°F
Annual Snowfall
0''
Area Factors
Very Bikeable
Bike Score®
71/ 100
Very Walkable
Walk Score®
79/ 100
Some Transit
Transit Score®
36/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
