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Downtown Pensacola Multifamily Homes & Duplexes for Sale

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  • /62

    $775,000

    • 2 Beds
    • 4 Baths
    • 1,190 Sq Ft

    379 S Clubbs St, Pensacola, FL 32502

    Modern, 2 story duplex with each side having 2 full living quarters, totally 4 full kitchens, 4 bedrooms, 4 bathrooms, and 4 laundry areas. Turn key, furnished units. This property has great income producing potential. Has been used as owner's home on one side, and periodically did short term rentals on the other side. Makes a great long term rental property as well! Projections are $96,000

    Lori Copelan EXP Realty, LLC

    379 S Clubbs St, Pensacola, FL 32502
  • /50

    $745,000

    • 3,138 Sq Ft

    522 N 7th Ave, Pensacola, FL 32501

    One of the most historic buildings in downtown Pensacola is now available. Located in the heart of the Old East Hill Neighborhood and once the home home of Mrs. King, of the family which East and West King Tracts are named after. The property is walking distance to all the amenities of the city center. The building is divided into four beautiful apartments all with unique features. Tongue and

    Eric Milstead Florida's Top Properties, LLC

    522 N 7th Ave, Pensacola, FL 32501
  • /57

    $399,000

    • 4,076 Sq Ft

    17 W Cervantes St, Pensacola, FL 32501

    Let your imagination breathe new life into this historic Queen Anne building located steps from famous Palafox St. NEW ROOF & FOUNDATION work has recently been completed. This 4,076 SF building, originally built in 1908, is adorned with architectural detail from days gone by. Last used as an office, the building has undergone a partial renovation (photos are of current condition). Possibilities

    Jamie Gillispie Turner Kuhn Realty

    17 W Cervantes St, Pensacola, FL 32501
  • /3

    $339,000

    • 1,979 Sq Ft

    127 W Belmont St, Pensacola, FL 32501

    Residential and Commercial Tri-plex located in the Downtown Pensacola Historical District. This unique property consists of 1 residential duplex and another separate structure with 860 square feet that can be used for commercial office converted into another residential unit as well.

    Daniel Hua Alliance Real Estate

    127 W Belmont St, Pensacola, FL 32501
  • /50

    $1,490,000

    • 6,540 Sq Ft

    705 W Garden St, Pensacola, FL 32502

    Price Drop of $200K. Looking for a great and unique investment opportunity? Look no further! This incredible historic home in downtown has been lovingly renovated into nine private apartments surrounded by gardens and patios and within walking distance of Palafox Street. This home is a perfect blend of classic charm with modern amenities. Apartments feature wood floors, tiled baths, stained

    Aaron Robison POINTE SOUTH

    705 W Garden St, Pensacola, FL 32502

Why Live in Downtown Pensacola

Downtown Pensacola is a vibrant neighborhood known for its cultural attractions, including numerous parks and museums, as well as a lively dining and nightlife scene centered around Palafox and Jefferson streets. Residents enjoy a mix of historic homes, such as early 1900s bungalows and Victorian houses, alongside modern condos and coastal cottages. The area is pedestrian and bike-friendly, with many locals opting to walk or cycle to nearby bakeries, eateries, shops, and galleries. Dining options include The District: Seville Steak & Seafood and Restaurant IRON, both offering unique culinary experiences. The Palafox Market, open year-round on Saturdays, is a popular spot for fresh produce and handmade goods. For groceries, Publix is conveniently located just half a mile away. Community spaces like Corinne Jones Park and Community Maritime Park provide ample things to do, from playgrounds and walking paths to free movie nights and concerts. Seville Square and Bartram Park host annual events such as the Great Gulfcoast Arts Festival and the Children’s Arts Festival. The neighborhood also features the Pensacola Museum of Art and the Pensacola Museum of History. Students in the area attend the Escambia County School District, with Pensacola High School being highly rated and offering the International Baccalaureate Diploma Programme. Downtown Pensacola is 8 miles from Pensacola Beach, 5 miles from Pensacola International Airport, and 5 miles from Pensacola State College. The neighborhood is safer than the national average, making it a desirable place to live.

Home Trends in Downtown Pensacola, FL

Housing Trends

Median Sale Price
$369,900
Median Single Family Sale Price
$479,500
Median Townhouse Sale Price
$1,787,500
Median 2 Bedroom Sale Price
$830,000
Median 1 Bedroom Sale Price
$94,500
Average Price Per Sq Ft
$353
Number of Homes for Sale
43
Last 12 months Home Sales
77
Months of Supply
6.70
Median List Price
$475,000
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
-17%
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