7

Downtown Pensacola Homes under $400,000

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  • /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
  • /22

    $395,000

    • Land
    • 0.05 Acre
    • $7,655,039 per Acre

    120 S Tarragona St Unit Lot 2, Pensacola, FL 32502

    Seize this rare opportunity to create your custom dream home in the vibrant Warehouse District of downtown Pensacola. This prime lot is zoned SSD (Site Specific Development), offering flexibility and endless possibilities for your ideal living space. Bring your own builder or take advantage of existing, fully approved plans that are ready for immediate construction. Nestled among trendy

    Josh Keith Levin Rinke Realty

    120 S Tarragona St Unit Lot 2, Pensacola, FL 32502
  • /3

    $325,900

    • 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
  • /3

    $325,000

    • Land
    • 0.13 Acre
    • $2,500,000 per Acre

    670 E Romana St, Pensacola, FL 32502

    Build your dream home on this prime corner lot located in the highly desirable and prestigious Aragon community, just steps from downtown Pensacola and one block from the beautiful Pensacola Bayfront. Located in the heart of the historic district, this property offers the perfect balance of charm and convenience. Enjoy easy accessibility to a variety of amenities by foot or bike, including

    Dora Omerico KELLER WILLIAMS REALTY GULF COAST

    670 E Romana St, Pensacola, FL 32502
  • /4

    $399,000

    • Land
    • 0.38 Acre
    • $1,050,000 per Acre

    622 N 7th Ave, Pensacola, FL 32501

    Prime development or investment opportunity in the heart of Old East Hill. This property includes three full parcels plus a portion of a parcel fronting Gadsden Street. Current zoning allows for the construction of five homes. The Old East Hill zoning regulations permit residential, commercial, or mixed-use development. The neighborhood is experiencing significant growth, with new construction

    Larry Kuhn Kuhn Realty

    622 N 7th Ave, Pensacola, FL 32501
  • /32

    $325,000

    • Land
    • 0.10 Acre
    • $3,250,000 per Acre

    151 S 9th Ave, Pensacola, FL 32502

    Fantastic Waterview property in Downtown Pensacola ready for your new home. Don’t miss this opportunity to build your custom home in downtown Pensacola overlooking beautiful Pensacola Bay, Veterans Memorial Park and Hawkshaw Lagoon. Located just South of the Aragon Neighborhood, this location affords you access to the great downtown lifestyle. Restaurants, parks, events, shopping and

    Eric Milstead Florida's Top Properties, LLC

    151 S 9th Ave, Pensacola, FL 32502
  • /11

    $379,000

    • Land
    • 0.13 Acre
    • $2,869,039 per Acre

    111 S 9th Ave, Pensacola, FL 32503

    Facing Veterans Memorial Park, discover the epitome of coastal living on this exquisite water view lot nestled in one of downtown Pensacola's most desirable communities, Aragon (Phase II). Boasting a prime location, this parcel provides the perfect canvas to craft your dream home. Enjoy breathtaking vistas of Pensacola Bay offering daily displays of captivating sunsets and tranquil seascapes.

    Preston Murphy KELLER WILLIAMS REALTY GULF COAST

    111 S 9th Ave, Pensacola, FL 32503

Home Trends in Downtown Pensacola, FL

Housing Trends

Median Sale Price
$270,000
Median Single Family Sale Price
$402,000
Median 2 Bedroom Sale Price
$120,000
Average Price Per Sq Ft
$242
Number of Homes for Sale
2
Last 12 months Home Sales
13
Months of Supply
1.80
Median List Price
$429,000
Median Change From 1st List Price
14%
Median Home Sale Price YoY Change
-31%
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