Martinique Condominiums 201 S Stillman St Unit 103 Pensacola, FL 32505
South Pensacola NeighborhoodEstimated payment $1,481/month
Total Views
74
1
Bed
1
Bath
500
Sq Ft
$338
Price per Sq Ft
Highlights
- Very Popular Property
- Marina
- Home fronts a seawall
- Pensacola High School Rated A-
- Docks
- Updated Kitchen
About This Home
Waterfront Condo Living with Investment Upside, 201 S. Stillman Street unit 103, is a rare opportunity to own a beautifully maintained 1-bedroom, 1-bath unit in a waterfront condominium community just minutes from Downtown Pensacola. This stylish unit offers an open floor plan, updated kitchen, laundry facilities, and a private patio—with serene views of Bayou Chico. Whether you're seeking a primary residence, long-term rental, or a low-maintenance second home, this unit delivers lifestyle and convenience in one. The building features poured concrete construction, three elevators, and ample parking, with recent structural milestone reports already completed and no major repairs needed. Monthly COA dues of just $300 include exterior maintenance and building insurance. Units here are easy to rent, consistently drawing $1,500/month in rental income thanks to their proximity to NAS, the beach, and all that downtown Pensacola has to offer. What truly sets this opportunity apart? The seller is offering up to 27 units from a 31-unit block within the 64-unit development, making this a rare chance to acquire a majority stake in a thriving condo community. Whether you’re purchasing a single unit or exploring the full portfolio, the possibilities are compelling. With waterfront access, four parking lots, and solid rental performance, this property aligns with a variety of strategies—from long-term hold to resale of individual units. No zoning changes are needed to enjoy the condo’s current use as income-producing housing, and the condominium structure itself offers exit flexibility for investors seeking optionality. Insurance is handled by the COA, and current taxes for the full 27-unit offering are around $47,000 annually. Don’t miss your chance to buy into one of Pensacola’s most quietly successful waterfront investment opportunities available by the unit or as part of a premium rental portfolio.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,748
Year Built
- Built in 2006
Lot Details
HOA Fees
- $400 Monthly HOA Fees
Property Views
Home Design
- Contemporary Architecture
- Slab Foundation
- Insulated Concrete Forms
- Floor Insulation
- Shingle Roof
- Concrete Siding
Interior Spaces
- 500 Sq Ft Home
- Multi-Level Property
- Ceiling Fan
- Combination Kitchen and Dining Room
- Storage
- Tile Flooring
Kitchen
- Updated Kitchen
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- Remodeled Bathroom
- 1 Full Bathroom
Home Security
Parking
- 1 Parking Space
- Parking Lot
Schools
- Warrington Elementary School
- Warrington Middle School
- Pensacola High School
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating
- Heating System Mounted To A Wall or Window
- Electric Water Heater
Additional Features
- Energy-Efficient Insulation
- Docks
Listing and Financial Details
- Assessor Parcel Number 000S009089103001
Community Details
Overview
- Association fees include ground maintenance, insurance, maintenance, pest control, trash, water/sewer
- Martinique On The Bayou Subdivision
Recreation
Additional Features
- Laundry Facilities
- Fire and Smoke Detector
Map
About Martinique Condominiums
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,748 | $115,200 | -- | $115,200 |
| 2023 | $1,748 | $103,200 | $0 | $103,200 |
| 2022 | $1,108 | $88,800 | $0 | $88,800 |
| 2021 | $1,061 | $84,000 | $0 | $0 |
| 2020 | $951 | $74,400 | $0 | $0 |
| 2019 | $885 | $69,600 | $0 | $0 |
| 2018 | $819 | $62,640 | $0 | $0 |
| 2017 | $607 | $33,500 | $0 | $0 |
| 2016 | $615 | $33,500 | $0 | $0 |
| 2015 | $485 | $26,000 | $0 | $0 |
| 2014 | $458 | $24,257 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/30/2025 07/30/25 | For Sale | $169,500 | +0.3% | $353 / Sq Ft |
| 07/30/2025 07/30/25 | For Sale | $169,000 | -- | $338 / Sq Ft |
Source: Pensacola Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | $100 | -- | |
| Quit Claim Deed | $100 | -- | |
| Quit Claim Deed | $100 | -- | |
| Quit Claim Deed | -- | Attorney | |
| Warranty Deed | $89,500 | None Available | |
| Warranty Deed | $550,000 | None Available |
Source: Public Records
Similar Homes in Pensacola, FL
Source: Pensacola Association of REALTORS®
MLS Number: 668564
APN: 00-0S-00-9089-103-001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Copyright© 2025 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information deemed reliable but not guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Nearby Homes
- 201 S Stillman St Unit 107
- 201 S Stillman St Unit 316
- 201 S Stillman St Unit 304
- 120 N Stillman St
- 3315 Marques St
- 195 Harrison Ave
- 202 Edgewater Dr
- 3235 Bayou Dr
- 204 Chaseville St
- 201 Chaseville St
- 200 N W St
- 303 Chaseville St
- 311 Edgewater Dr
- 3766 Frontera Cir
- 419 Grandview St
- 321 Chaseville St
- 323 Chaseville St
- 217 Alton Rd
- 501 N Z St
- 3203 W Jackson St
- 702 Lynch St Unit B
- 190 N Old Corry Field Rd
- 1275 Mahogany Mill Rd
- 110 Rue Max St
- 2004 W Government St
- 211 Broadmoor Ln
- 203 S L St
- 465 S L St Unit A
- 1200 Wilson Ave
- 225 N New Warrington Rd
- 708 Bayshore Dr Unit 2
- 337 S I St Unit A
- 1520 N Z St
- 825 Bayshore Dr Unit 706
- 825 Bayshore Dr Unit 800
- 825 Bayshore Dr Unit 1203
- 1530 W Romana St
- 4600 Twin Oaks Dr
- 4710 Prieto Dr
- 4848 Eva Dr