Pensacola, FL Multifamily Homes & Duplexes for Sale

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  /13

  $480,000

  • 6 Beds
  • 4 Baths
  • 2,400 Sq Ft

  1910 N Tarragona St, Pensacola, FL 32503

  DUPLEX New Construction Downtown for $200/sf. Live in one side and rent the other one out. The adjoining wall is the hallway so this is a very quiet set up with a four hour firewall that goes all the way through the rafters. Each side is 3 bedrooms and 2 full baths has all the niceties' you are looking for including granite countertops, vaulted ceilings, double vanity in the master and walk-in

  

  Stacey Rising

  Better Homes And Gardens Real Estate Main Street Properties

  (448) 202-5198

  1910 N Tarragona St, Pensacola, FL 32503
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  Explore Pensacola

• 

  

  

  /78

  $864,900

  • 3 Beds
  • 2 Baths
  • 2,395 Sq Ft

  117 Bayshore Dr, Pensacola, FL 32507

  Welcome to 117 Bayshore Dr - a 2-story, 3-bedroom, 2-bath townhome perched right on the Pensacola Bay with the Marina nearby. If you're looking for unbeatable views, relaxing coastal vibes, and direct access to the water, this townhome checks every box.Step inside and you'll find the main living space on the second floor, where natural light pours in through large windows that perfectly frame

  

  Danie Bell

  COLDWELL BANKER REALTY

  (850) 726-5658

  117 Bayshore Dr, Pensacola, FL 32507
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  /14

  $370,000

  • 2 Beds
  • 1.5 Baths
  • 2,620 Sq Ft

  301 Tower Dr Unit A, B & C, Pensacola, FL 32534

  Investors! Here’s the opportunity you’ve been waiting for. This fully occupied Pensacola triplex is ideally located between Hwy 29 and Old Palafox, offering both convenience and strong rental appeal. The property features 3 total units! This includes one spacious two-bedroom, two-bath unit alongside two comfortable two-bedroom, one-bath units. Each unit enjoys its own private patio with access to

  Ranae Stewart The Realty Vault

  301 Tower Dr Unit A, B & C, Pensacola, FL 32534
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  /26

  $265,000

  • 2 Beds
  • 2.5 Baths
  • 1,486 Sq Ft

  4731 Huron Dr, Pensacola, FL 32507

  Step inside this updated end-unit townhome in Perdido Bay Villas, where thoughtful upgrades and a bright, inviting layout make it move-in ready! Featuring a 2022 roof, 2025 water heater, and all impact glass windows, the home has been thoughtfully upgraded and permitted by the county. (See notable features in MLS docs). This property is also a great opportunity for a short term rental with

  Travis Talley Keller Williams Realty Gulf Coast

  4731 Huron Dr, Pensacola, FL 32507
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  /41

  $400,000

  • 5 Beds
  • 4 Baths
  • 2,503 Sq Ft

  3780 Nobles St, Pensacola, FL 32514

  Modern Duplex with Strong Rental Income! This is a positive cash flow investment. This well-maintained modern-built duplex offers two spacious units, each generating $1,675/month with a proven track record of full occupancy. Designed for comfort and convenience, both sides feature: Luxury vinyl plank flooring throughout with an open, airy feel, High ceilings that enhance the modern design,

  Stacey Rising Better Homes And Gardens Real Estate Main Street Properties

  3780 Nobles St, Pensacola, FL 32514
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  /30

  $485,500

  • 3 Beds
  • 2.5 Baths
  • 1,875 Sq Ft

  1001 E Cross St Unit B, Pensacola, FL 32503

  LIKE NEW! This home was used only a handful of times as a second home, leaving it in immaculate, untouched condition. Built in 2021, this home has all the modern bells and whistles in Pensacola's most desirable neighborhood: EAST HILL! Stepping inside, the floorplan is a perfect split providing privacy to the bedrooms upstairs and an open concept living area downstairs. The kitchen is a chef's

  Eli Petrovich EXP Realty LLC

  1001 E Cross St Unit B, Pensacola, FL 32503
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  /21

  $325,000

  • 4 Beds
  • 3 Baths
  • 2,266 Sq Ft

  5910 Duchess Rd, Pensacola, FL 32503

  Charming 3-Bedroom Home with Bonus Space, Private ADU & Solar Savings Welcome to this beautifully updated, 3-bedroom, 2-bathroom home that seamlessly blends comfort and functionality. The open-concept living area is perfect for modern living, complemented by an expansive bonus room of over 400 sq ft—ideal for a playroom, home office, or entertainment space. Step outside to discover a fully

  Ladonna Braidlow Levin Rinke Realty

  5910 Duchess Rd, Pensacola, FL 32503
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  /63

  $365,000

  • 5 Beds
  • 3 Baths
  • 2,709 Sq Ft

  3401 W Jackson St, Pensacola, FL 32505

  Conveniently located just 2.5 miles from downtown Pensacola and less than 5 miles from NAS Pensacola, this income-producing triplex offers solid rental performance and strong cash flow. With three units bringing in a total of $3,545 per month, plus an unfinished basement space that could be leased separately for storage, this property presents an excellent investment opportunity. Unit A is a

  Matthew Jones KELLER WILLIAMS REALTY GULF COAST

  3401 W Jackson St, Pensacola, FL 32505
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  /31

  $500,000

  • 7 Beds
  • 4 Baths
  • 2,440 Sq Ft

  2624 W De Soto St, Pensacola, FL 32505

  Turn-Key Multi-Family Investment Property – Income-Producing Short-Term Rentals Minutes from Downtown Pensacola! Investor’s dream! This beautifully updated, income-generating multi-family property is currently operating as a short-term rental and offers exceptional potential for continued growth. Situated on a spacious .48-acre lot, this turn-key property features three separate units, each with

  Robb Colley Coastal Stays

  2624 W De Soto St, Pensacola, FL 32505
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  /9

  $275,000

  • 2 Baths
  • 1,560 Sq Ft

  3787 Nobles St Unit A & B, Pensacola, FL 32514

  Newly Renovated Great investment opportunity! This income-producing duplex located in Northwest Florida features two 2-bedroom/1-bath units that are consistently rented, providing steady income. The property has been recently remodeled and includes an outside laundry room for convenience. It is situated on a quiet street in Pensacola, close to shopping, restaurants, hospitals, and colleges. The

  SHANE KING Northwest Florida Realty Group

  3787 Nobles St Unit A & B, Pensacola, FL 32514
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  /72

  $1,050,000

  • 12 Beds
  • 7 Baths
  • 5,926 Sq Ft

  2001 N 61st Ave, Pensacola, FL 32506

  This fully operational 6-unit property offers a rare turnkey investment opportunity with excellent cash flow and consistent bookings through a well-established short-term rental program. Situated on a large parcel of land, each unit provides privacy and comfort, performing exceptionally well as individual rentals. The property includes a Single Family Unit F (1,590 sf, 3/2) Single Family Unit E

  Cinnamon Reed KELLER WILLIAMS REALTY GULF COAST

  2001 N 61st Ave, Pensacola, FL 32506
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  /15

  $1,650,000

  • 12 Baths
  • 9,200 Sq Ft

  668 N 72nd Ave, Pensacola, FL 32506

  3 Quadraplex Units (12 total units) with income in the range of $180,000 annually w/ potential for more * Most units have been updated with some having major updates or modifications to make them more desirable and modern, not to mention many new features like roofs, a/c units, etc. * We have a pdf attached to this listing that details the rent being collected on each unit...leases will be

  Michelle Downey MARK DOWNEY & ASSOCIATES, INC.

  668 N 72nd Ave, Pensacola, FL 32506
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  /40

  $699,000

  • 2,772 Sq Ft

  1629 E Lakeview Ave, Pensacola, FL 32503

  Welcome to the epitome of opportunity in East Hill! Discover a rare gem in this vibrant neighborhood, featuring three distinct properties on a single expansive lot, offering unparalleled potential for savvy investors or those seeking multifamily living options. Situated in the desirable East Hill neighborhood, this property is surrounded by parks, shopping, and dining options, enhancing its

  Sophie Grizzle Fathom Realty FL LLC

  1629 E Lakeview Ave, Pensacola, FL 32503
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  /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
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  /21

  $250,000

  • 1,861 Sq Ft

  35 Pen Haven Dr, Pensacola, FL 32506

  Good income property updated and renovated. Unit A, currently rented, is 2 bedrooms 1 bath. Unit B, currently vacant, is 3 bedrooms 2 baths. New windows, new kitchen cabinets, new SS appliances, new bathroom vanities, toilets and shower. Roof and water heater are 2021.

  Brenda De Jesus World Impact Real Estate

  35 Pen Haven Dr, Pensacola, FL 32506
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  /41

  $670,000

  • 6 Beds
  • 6 Baths
  • 3,500 Sq Ft

  1121 E Lakeview Ave, Pensacola, FL 32503

  FHA/VA house hacking eligible duplex! * This beautifully maintained, fully furnished duplex is in the HEART of East Hill~ one of the most sought after neighborhoods in Pensacola, just blocks away from downtown and Pensacola Bay! * Both units convey furnished, and are short term rentals (listed on only AirBnB currently), grossing an impressive $85,094.83 in 2024! * Property appraised at $800,000

  Michael Warinner Key Impressions LLC

  1121 E Lakeview Ave, Pensacola, FL 32503
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  /43

  $319,990

  • 7 Beds
  • 3 Baths
  • 926 Sq Ft

  4108 Kelly Ave, Pensacola, FL 32505

  Three, separate single-family homes on one county parcel zoned HDMU. All units have tenants. Unit 1 is upfront with 3 bedrooms and 1 full bath (county has as 4108 and 1/2)1144 s.f.l.a. and rented at $850. monthly; Unit 2 is on the back left (county has as B) is 2 bedroom, 1 full bath with 866 s.f.l.a. and rented at $650.; Unit 3 is back right (county has as A) with 2 bedrooms, 1 full bath and

  Cindy Cotton COTTON REAL ESTATE

  4108 Kelly Ave, Pensacola, FL 32505
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  /19

  $399,000

  • 1 Bath
  • 552 Sq Ft

  3081 N 16th Ave, Pensacola, FL 32503

  Investment Opportunity in East Hill! Located on the corner of E Hayes St and N 16th Ave in the desirable East Hill neighborhood, this (fully renovated down to the stud) duplex offers incredible rental potential. The duplex contains 2 units: each unit contains 2 bedrooms, 1 bathroom, a kitchen, a living room, laundry, and a separate driveway. 1 of the 2 units (unit closest to Hayes St) is staged

  Cole Jenkins Kuhn Realty

  3081 N 16th Ave, Pensacola, FL 32503
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  /57

  $379,000

  • 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
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  /34

  $260,000

  • 4 Beds
  • 3 Baths
  • 1,660 Sq Ft

  800 N 47th Ave, Pensacola, FL 32506

  800 N 47th & 8001/2 N 47th Ave.... Welcome to this versatile property featuring 2 fully-equipped homes on a spacious corner lot – ideal for investors, multi-generational living, or owner-occupants seeking additional rental income. Main house features 2 bedrooms and 2 baths, kitchen dining combo with separate living room. The second unit is its own building with 2-bedroom 1 bath apartment over 1

  Travis High Better Homes And Gardens Real Estate Main Street Properties

  800 N 47th Ave, Pensacola, FL 32506
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  /29

  $272,000

  • 3 Beds
  • 2 Baths
  • 1,663 Sq Ft

  1241 Bridge Creek Terrace, Pensacola, FL 32506

  Near to the beaches & NAS Pensacola. Welcome to your beautiful Ranch home (Corner Lot) in Woodbridge Manor. Enjoy a ;large primary bedroom with an en suite bathroom featuring a walk in shower. The split floor plan was recently upgraded with new vinyl plank flooring in all bedrooms & tile through the rest of the house. Enjoy the open kitchen area that flows into the great room and dining area.

  Ray Giacoletti Carriage Hills Realty Inc

  1241 Bridge Creek Terrace, Pensacola, FL 32506
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  /14

  $250,000

  • 1,400 Sq Ft

  10 W Hope Dr, Pensacola, FL 32534

  Exciting Real Estate Opportunity! Discover a unique single-story block building that presents an exceptional chance for savvy investors and developers. This property is strategically zoned for High Density Mixed use, opening doors to both residential and commercial ventures. Currently, it boasts a spacious 1,400 sq. ft. home, ready for transformation into a stunning residence or a modern

  Paige Krisman KELLER WILLIAMS REALTY GULF COAST

  10 W Hope Dr, Pensacola, FL 32534
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  /69

  $849,000

  • 2 Beds
  • 2.5 Baths
  • 1,544 Sq Ft

  13621 Perdido Key Dr Unit 1703-E, Pensacola, FL 32507

  Opportunity awaits to own a lovingly maintained & beautifully furnished, never-rented residence in Perdido Key's premier gated, beachfront resort community of Indigo - A great investment or getaway! This Gulf front condo welcomes you with a private elevator entry foyer, leading into a spacious 2-bedroom, 2.5-bath layout. Step inside & onto the tile floors that will lead you through the living

  Susan Carleton Pointe South

  13621 Perdido Key Dr Unit 1703-E, Pensacola, FL 32507
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  /27

  $550,000

  • 2,352 Sq Ft

  2805 N V St, Pensacola, FL 32505

  * Property Type: Duplex (Residential Income) * Location: Pensacola, FL * Units: 2 Units – Each with 3 Beds / 2 Baths * Total Sq Ft: 2,352 sqft (Approx. 1,176 sqft per unit) * Appraised Value: $635,000 (Official appraisal dated 7/18/2025) * Year Built: 2025 * Parking: 8–10 dedicated spaces * Status: Fully Leased – Turnkey Investment Investor Special – New Construction Duplex | Turnkey Rental

  Steven Koleno Beycome of Florida, LLC

  2805 N V St, Pensacola, FL 32505
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  /58

  $624,900

  • 4 Beds
  • 4 Baths
  • 2,170 Sq Ft

  6629 Carlinga Dr, Pensacola, FL 32507

  *BRING ANY & ALL OFFERS!* Welcome to resort-style living at its finest at Lost Key Beach & Golf Club! With over $70k in rental projections, this would be a great investment property or second home. With only one caring owner, this property is impeccable throughout. This 4-bedroom, 4-bathroom home, built in 2018, combines modern comfort with upscale finishes and newer HVAC, roof, and water heater

  Travis Talley Keller Williams Realty Gulf Coast

  6629 Carlinga Dr, Pensacola, FL 32507
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  /8

  $261,000

  • 2 Beds
  • 2 Baths
  • 1,211 Sq Ft

  1200 N F St Unit A, Pensacola, FL 32501

  ONLY A is for sale! Welcome to vibrant downtown Pensacola! This 2-bed, 2-bath modern townhome is just minutes from I-10, shops, nightlife, and Pensacola Beach. Built in 2020, it features vinyl flooring, 9' ceilings, recessed lighting, granite countertops, custom no-slam cabinets, stainless steel appliances, gas range, and a tankless water heater. The open floor plan includes a large kitchen

  Maya Miller LPT Realty LLC

  1200 N F St Unit A, Pensacola, FL 32501
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  /36

  $399,000

  • 1,316 Sq Ft

  3704 W Jackson St, Pensacola, FL 32505

  Presenting an exceptional investment opportunity: this newly remodeled property features a front building with three fully furnished efficiency units, all currently leased and generating a combined monthly income of $3,700. Each unit has been thoughtfully updated to offer modern comfort and convenience, making them highly attractive to tenants. In addition, a separate two-bedroom unit is located

  Cheryl Ritchie RE/MAX OF ORANGE BEACH

  3704 W Jackson St, Pensacola, FL 32505
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  /17

  $1,000,000

  • 5,076 Sq Ft

  433 S Navy Blvd Unit A, Pensacola, FL 32507

  Rare opportunity to own a stunning 1.24-acre waterfront parcel on Bayou Grande. This unique property includes four income-producing homes, all with direct water access and scenic views. Ideal for short- or long-term rentals, redevelopment, or a private family compound. With endless potential and a highly desirable location, this is a prime investment opportunity that won’t last long!

  James O'Donovan Octavius Real Estate

  433 S Navy Blvd Unit A, Pensacola, FL 32507
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  /12

  $995,000

  • 1 Bed
  • 1 Bath
  • 720 Sq Ft

  122 Celeste Place, Pensacola, FL 32507

  Investor’s Dream on Bayou Grande! Don’t miss this rare opportunity to own a waterfront quad-plex featuring four 1-bed/1-bath units Perfectly positioned for long-term or short-term rental income, this well-maintained property offers direct water access, a tranquil setting, and strong rental potential. Whether you're expanding your portfolio or looking for a cash-flowing asset in a high-demand

  James O'Donovan Octavius Real Estate

  122 Celeste Place, Pensacola, FL 32507
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  /12

  $398,000

  • 2 Beds
  • 1 Bath
  • 755 Sq Ft

  6802 Tiki Ln, Pensacola, FL 32503

  Turnkey Quadplex Investment Opportunity in the Heart of Pensacola (professional pictures coming this week). Income producing property at 6802 Tiki Lane—a fully occupied quadplex offering four 2-bedroom, 1-bath units, each designed with an open-concept living, dining, and kitchen layout. Whether you're looking to invest or live onsite, this property checks every box. Unit 1 has been fully

  Maritza Lee Engel & Volkers Pensacola

  6802 Tiki Ln, Pensacola, FL 32503
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  /15

  $270,000

  • 1,804 Sq Ft

  412 N 64th Ave Unit A & B, Pensacola, FL 32506

  Great investment opportunity! Well maintained duplex that offers 2 bedrooms and 1 bath on each side. Open concept kitchen, living and dining with a laundry room that leads to the spacious fenced in backyard. NEW ROOF replaced in 2022! Both sides are currently occupied with long term tenants. Don’t miss out on this wonderful property in the heart of Pensacola!

  Katie Duncan Wellhouse Real Estate

  412 N 64th Ave Unit A & B, Pensacola, FL 32506
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  /30

  $279,900

  • 1 Bed
  • 2 Baths
  • 770 Sq Ft

  907 N de Villiers St, Pensacola, FL 32501

  Charming 1 bedroom + office/bonus room and 2 full bath Florida cottage on the western boarder of the North Hill Preservation District!! This charming home is perfect for those that don't have a mountain stuff and want to take advantage of the awesome outdoor space and proximity to downtown shopping, restaurants and entertainment. Roof with Hurricane clips August 2021! HVAC and Water heater

  Christina Jennings Real Broker LLC

  907 N de Villiers St, Pensacola, FL 32501
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  /14

  $295,000

  • 1,296 Sq Ft

  1036 Hawthorn Dr Unit A/B and 606 Elizabet, Pensacola, FL 32507

  PLEASE DO NOT DISTURB TENANTS. Presenting a superb investment opportunity. One parcel with four tenant-occupied units. This portfolio includes two single-family homes and a duplex, ensuring diverse and steady rental income. The property at 1030 Hawthorn Drive features a 2-bedroom, 1-bath home complete with a laundry room in 756 square feet. At 1036 A/B Hawthorn Drive, each side of the duplex

  Lana Parks Aloha Destin Beach Properties, LLC

  1036 Hawthorn Dr Unit A/B and 606 Elizabet, Pensacola, FL 32507
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  /42

  $735,000

  • 1,698 Sq Ft

  1005 N 16th Ave, Pensacola, FL 32501

  Live the East Hill lifestyle, generate passive income, and have a guest cottage for friends and family. Centrally located, and the gateway to downtown and Pensacola beach, East Hill is one of the most desirable locations. This beautifully restored East Hill Victorian cottage combines timeless charm with modern updates. The main home is 2 bed / 2 bath along with a fully restored one-bedroom,

  Kyle Kopytchak Levin Rinke Realty

  1005 N 16th Ave, Pensacola, FL 32501
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  /3

  $315,000

  • 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
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  /28

  $350,000

  • 1 Bed
  • 1 Bath
  • 1,886 Sq Ft

  600 N T St, Pensacola, FL 32505

  Listing is in the Multi-family category due to (MLS regulations) & the Seller owns the next door property: 612 N. T St. (Parcel ID: 000S009060003194) and wants to sell these 2 properties together as one Sale/transaction, with No Signs in the Yards. Long time term Tenants in the 3 Living units. Main house 600 N. T St., built in 1962: 3 bed/2 bath, hardwood floors with carpet in some rooms.

  Ronald Notah The Realty Vault

  600 N T St, Pensacola, FL 32505
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  /47

  $674,900

  • 4 Beds
  • 4 Baths
  • 2,440 Sq Ft

  14013 Innerarity Point Rd Unit A&B, Pensacola, FL 32507

  Luxury Duplex Investment Near Pristine Beaches! Attention to detail is everywhere. Lots of beautiful tile work. Closets like you've never seen and lots of them. Both units have same finish. Both units have large screened porch on rear. Both units have a double car garage (finished). Each unit has 2 BRs/2 Baths/Living Rm/Dining Rm and Kitchen All appliances replaced 2019 Kitchen cabinets-Real

  ANGEE KENT LPT Realty

  14013 Innerarity Point Rd Unit A&B, Pensacola, FL 32507
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  /11

  $299,900

  • 2,753 Sq Ft

  6755 N Palafox St, Pensacola, FL 32503

  Great Multifamily Investment Opportunity: Front Duplex + Single Family Home in rear. All situated on one lot, zoned HDMU (High-Density Mixed-Use). The duplex in the front provides two units with similar floor plans. The single-family home in the back offers additional privacy and space. All units consist of 2 bedrooms and 1 bath. Approx Acreage: 0.8841. Newer roofs Duplex in 2021 and single

  Anabella Owens POINTE SOUTH

  6755 N Palafox St, Pensacola, FL 32503
• 

  

  /24

  $400,000

  • 2 Baths
  • 1,560 Sq Ft

  8300 Gulf Beach Hwy, Pensacola, FL 32507

  This approx. 4.2586-acre gem on Gulf Beach Highway offers a delightful 3-bedroom, 2-bath home full of character. The detached 2-car garage features a separate 1-bedroom, 1-bath apartment, providing a great opportunity for rental income or a guest space. Additional perks include a greenhouse and a large storage building, adding both function and value to the property. Inside, the home showcases

  HEIDY MINER Poppy Properties LLC

  8300 Gulf Beach Hwy, Pensacola, FL 32507
• 

  

  /50

  $674,900

  • 4 Beds
  • 4 Baths
  • 2,440 Sq Ft

  14013 Innerarity Point Rd, Pensacola, FL 32507

  Luxury Duplex Investment Near Pristine Beaches! Experience luxury living with this exquisite duplex. Boasting 2 bedrooms and 2 bathrooms in each unit, and 2 two car finished garages this property offers upscale accommodations designed to attract discerning tenants. Situated just moments away from some of Florida's most beautiful beaches, this duplex presents an exceptional opportunity for

  ANGEE KENT LPT Realty

  14013 Innerarity Point Rd, Pensacola, FL 32507

Showing Results 1 - 40, Page 1 of 2

Why Live in Pensacola

Pristine white-sand beaches and emerald waters define life in Pensacola, where residents enjoy swimming and sunbathing at Pensacola Beach year-round. The city's rich military heritage comes alive at the National Naval Aviation Museum, one of the world's largest aviation museums, which provides free admission and thrilling Blue Angels practice shows. Downtown Pensacola's historic streets feature local art galleries, boutique shopping along Palafox Street, and acclaimed restaurants like Jackson's Steakhouse and Angelena's Ristorante Italiano. Outdoor recreation abounds at Big Lagoon State Park, perfect for kayaking and hiking, while Fort Pickens provides both historical exploration and scenic Gulf views.

The housing market includes diverse options across price points. The median sale price for homes is $280,900, with single-family homes in Downtown Pensacola commanding a median price of $470,000. Townhomes have a median price of $244,900, while two-bedroom condos typically sell for $315,000. The cost of living sits 12.8% below the national average. A family with school-age children needs approximately $94,000 annually to live comfortably, while renters should aim for $55,000. Property taxes remain competitive at 0.6%, and Florida residents pay no state income tax.

The education system includes West Florida High School of Advanced Technology, rated A by Niche, and Redeemer Lutheran School serves both elementary and middle school students. The University of West Florida and Pensacola State College provide higher education options. Commuters benefit from easy access to Interstate 10, with Mobile, Alabama just 50 miles west and New Orleans 165 miles away. The subtropical climate features mild winters with temperatures from the mid-40s to mid-60s Fahrenheit, while summers range from the mid-70s to low 90s.

Learn more about living in Pensacola

Home Trends in Pensacola, FL

On average, homes in Pensacola, FL sell after 80 days on the market compared to the national average of 52 days. The median sale price for homes in Pensacola, FL over the last 12 months is $282,500, down 2% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$282,500

Median Single Family Sale Price

$290,000

Median Townhouse Sale Price

$242,900

Median 2 Bedroom Sale Price

$369,000

Median 1 Bedroom Sale Price

$302,000

Average Price Per Sq Ft

$217

Number of Homes for Sale

1,634

Last 12 months Home Sales

4,355

Months of Supply

4.50

Median List Price

$310,000

Median Change From 1st List Price

4%

Median Home Sale Price YoY Change

-2%