Pensacola, FL Multifamily Homes & Duplexes for Sale

• 

  

  

  /13

  $500,000

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

  1910 N Tarragona St, Pensacola, FL 32503

  DUPLEX New Construction Downtown for $500,000. 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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  /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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  /66

  $775,000

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

  379 S Clubbs St, Pensacola, FL 32502

  A great opportunity for investors, Airbnb guru, or someone looking to live in a duplex and produce an income from the other half! This modern, 2 story duplex provides 2 sides, each having 2 full living quarters, totaling 4 living areas, 4 full kitchens, 4 bedrooms, 4 bathrooms, and 4 laundry areas. This property is totally turnkey, furnished, kitchen stocked and ready to rent or move right in.

  Lori Copelan EXP Realty, LLC

  379 S Clubbs St, Pensacola, FL 32502
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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. Both units are 2 Bedroom/ 1 bath and stay rented. Outside Laundry Room. Both sides have been recently remodeled .Close to shopping, restaurants, hospitals and colleges. Owner is a licensed Florida real estate agent.***Please do not disturb tenants**

  SHANE KING Northwest Florida Realty Group

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

  $1,050,000

  • 3 Beds
  • 2 Baths
  • 1,600 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

  MORE PICTURES COMING SOON!! 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

  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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  /62

  $555,000

  • 2 Beds
  • 2 Baths
  • 1,239 Sq Ft

  16284 Perdido Key Dr Unit 713, Pensacola, FL 32507

  Experience a unique lifestyle at SeaSpray #713, where the best of both worlds come together, with the tranquility of Ole River & the sugar-white sands of the Gulf just across the street. This 7th-floor coastal residence, located on the Riverside, captures sweeping panoramic views of Ole River, Ono Island, Perdido Bay & the Gulf. Completely furnished and move-in ready, this 2-bedroom, 2-bath condo

  Susan Carleton Pointe South

  16284 Perdido Key Dr Unit 713, Pensacola, FL 32507
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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

  $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
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  /34

  $270,000

  • 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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  /64

  $749,000 Open Sat 11AM - 1PM

  • 1,692 Sq Ft

  1308 E Gadsden St, Pensacola, FL 32501

  Three potential properties and a POOL here at this gorgeous renovated historic home. Just minutes from the heart of downtown Pensacola, this beautifully renovated home has it all: an inground pool, a detached carriage house with two potential units, and stunning curb appeal that immediately catches the eye. From the moment you arrive, you'll be drawn in by the inviting covered front porch,

  Christina Leavenworth Levin Rinke Realty

  1308 E Gadsden St, Pensacola, FL 32501
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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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  /19

  $595,000

  • 4 Baths
  • 2,907 Sq Ft

  729 Lownde Ave, Pensacola, FL 32507

  Turnkey, Live-In Investment! 5,400/mo. Rent 4-Unit Multifamily in Pensacola, FL — About The Apartments/Building Each unit is 2/1, 725 sq ft, Low maintenance (concrete construction) All units come with full appliances and features including – Washer/dryer Dishwasher Microwave Refrigerators Stove/Oven Central AC/Heat Fully Tiled New Double Pane Vinyl Windows with transferable lifetime

  Steven Koleno Beycome of Florida, LLC

  729 Lownde Ave, Pensacola, FL 32507
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  /69

  $869,000

  • 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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  /28

  $215,050

  • 600 Sq Ft

  1573 W Detroit Blvd, Pensacola, FL 32534

  4-unit Potential - Incredible Investment Opportunity: Instant Income & Room to Grow! Get ready to seize a rare opportunity that combines immediate rental income with expansive future potential. This standout property centers on a brand-new 15x40 mobile home featuring 1 bedroom and 1 bathroom, currently leased and generating solid cash flow through February 2026. The lot is primed for expansion

  Walker Clemmons ERA American Real Estate

  1573 W Detroit Blvd, Pensacola, FL 32534
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  /58

  $675,000

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

  6629 Carlinga Dr, Pensacola, FL 32507

  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 systems providing peace of

  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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  /22

  $328,000

  • 7 Beds
  • 4 Baths
  • 2,484 Sq Ft

  2810 Desert St, Pensacola, FL 32514

  Centrally-located, remodeled multi-family investment property with three units generating a combined annual income of $40,500. Here’s a summary of the key features: Income: $40,500/year Units & Rents: Unit 1: $1,100/month Unit 2: $1,300/month Unit 3: $950/month 1-3 bedroom/2 bath , 1-3 bedroom 1 bath, 1- 1 bedroom/1 bath Lot Size:.42 of an acre, offering ample space Location: Close to shopping,

  Dawn Bridges Brown Better Homes And Gardens Real Estate Main Street Properties

  2810 Desert St, Pensacola, FL 32514
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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

  $409,000

  • 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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  /33

  $292,500

  • 1,250 Sq Ft

  518 W Strong St Unit A&B, Pensacola, FL 32501

  Charming Duplex on the Edge of North Hill! Looking for an investment gem? just minutes from the vibrant heart of downtown Pensacola? Say hello to this versatile property on the western edge of the historic North Hill Preservation District — where charm meets opportunity! This income-producing duplex offers TWO unique units: Unit A – 1 bed, 1 bath: Perfectly cozy + easy to rent! Unit B – 1 bed,

  Robb Colley Coastal Stays

  518 W Strong St Unit A&B, Pensacola, FL 32501
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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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  /17

  $224,900

  • 3 Baths
  • 1,524 Sq Ft

  8 Rowland Ct, Pensacola, FL 32507

  Income-Generating Triplex in Prime Navy Point Location! A fantastic investment opportunity awaits! This income-producing triplex is perfectly situated in the heart of Navy Point, just minutes from the boat launch. Whether you're looking to live in one unit and rent out the other two or expand your rental portfolio, this property offers incredible potential. Each unit features durable tile

  Travis Crow CENTURY 21 AMERISOUTH REALTY

  8 Rowland Ct, Pensacola, FL 32507
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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

  $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
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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
• 

  

  /13

  $295,000

  • 3 Beds
  • 2 Baths
  • 1,120 Sq Ft

  2822 W Yonge St, Pensacola, FL 32505

  Investor and/or 1031 exchange Special! Fully renovated multi-family property with 10%+ cap rate and $33,480 in annual income. Zoned HC/LI and ideally located across from Catholic High School. Property features all-new roof, HVAC, LVP flooring, kitchen cabinets, quartz counters, stainless steel GE appliances, windows, and fixtures. Includes bonus 1BR/1BA manufactured unit with separate entrance

  Maria White Alliance Real Estate

  2822 W Yonge St, Pensacola, FL 32505
• 

  

  /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
• 

  

  /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

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 97 days on the market compared to the national average of 70 days. The median sale price for homes in Pensacola, FL over the last 12 months is $330,300, down 4% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$330,300

Median Single Family Sale Price

$347,900

Median Townhouse Sale Price

$245,000

Median 2 Bedroom Sale Price

$626,000

Median 1 Bedroom Sale Price

$295,000

Average Price Per Sq Ft

$273

Number of Homes for Sale

182

Last 12 months Home Sales

1,482

Months of Supply

1.50

Median List Price

$355,000

Median Change From 1st List Price

3%

Median Home Sale Price YoY Change

-4%