NOT LISTED FOR SALE

306 Port Royal Way Pensacola, FL 32502

Downtown Pensacola Neighborhood

Estimated Value: $775,000 - $1,258,000

3 Beds
2 Baths
2,112 Sq Ft
$924/mo HOA Fee

Last Sold March 07, 2019

Last sale price $550,000 $260 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $6,763/month

3 Days on Market

Highlights

  • Home fronts a seawall
  • Fitness Center
  • Sitting Area In Primary Bedroom
  • Pensacola High School Rated A-
  • In Ground Pool
  • Gated Community

About This Home

As of March 2019

Million Dollar Views! Luxurious Port Royal 3rd floor 3BR/2BA condo with sweeping outdoor views overlooking Pensacola Bay, the Palafox Pier Marina, and the Blue Wahoo’s stadium. This exceptional condo has 2112 square feet of indoor space and an expansive 216 sq. ft. outdoor deck to enjoy viewing the boats go by, watching Friday night fireworks, and listening to the free concerts at Maritime Park. The open floor plan seamlessly blends everyday living and entertaining spaces with flawless transition from indoors to out. Immediately upon entering you will be captivated by the stunning views of the downtown harbor. A welcoming retreat awaits within the master suite featuring views of the Bayfront and access to the balcony for relaxation. Complete with Samsung Washer/Dryer. Also comes with a specified covered parking space, and additional storage room. Port Royal Phase I is a low-density development consisting of only 60 units on a private gated peninsula. Enjoy the security of a gated community and the fantastic location - walking distance to fine dining and casual eateries, world-famous Seville Quarter, Maritime Park, the Post Office, The Symphony/Opera, art festivals, and Palafox Street, named one of the "10 Great Streets in America"!

Last Agent to Sell the Property

FRASIER PHELPS

Berkshire Hathaway Home Services PenFed Realty Listed on: 02/06/2019

Berkshire Hathaway Home Services PenFed Realty

Last Buyer's Agent

DANIEL STOMP

Daniel Stomp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,797

Year Built

  • Built in 1984

Lot Details

  • Home fronts a seawall
  • Property Fronts a Bay or Harbor
  • Cul-De-Sac
  • Property is Fully Fenced
  • Electric Fence
  • Land Lease of $300

HOA Fees

  • $924 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Floor Insulation
  • Clay Roof
  • Concrete Siding

Interior Spaces

  • 2,112 Sq Ft Home
  • Multi-Level Property
  • Crown Molding
  • Ceiling Fan
  • Blinds
  • Insulated Doors
  • Combination Dining and Living Room
  • Storage
  • Home Gym

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher
  • Granite Countertops
  • Trash Compactor

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • 1 Carport Space

Eco-Friendly Details

  • Energy-Efficient Insulation

Pool

  • In Ground Pool
  • Fence Around Pool
  • Gunite Pool

Outdoor Features

  • Rip-Rap
  • Balcony

Schools

  • Global Learning Academy Elementary School
  • Workman Middle School
  • Pensacola High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 000S009200306004

Community Details

Overview

  • Association fees include cable TV, ground maintenance, insurance, land lease, management, pest control, recreation facility, trash, water/sewer
  • Port Royal Subdivision

Recreation

  • Fitness Center
  • Community Pool

Security

  • Gated Community
  • Fire and Smoke Detector

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,797

Year Built

Built in 1984

Lot Details

0

HOA Fees

$924 per month

Listing Details

  • Parcel Number: 000S009200306004
  • Property Type: Residential
  • Year Built: 1984
  • Electric: Circuit Breakers, Copper Wiring
  • Property Sub Type: Condo
  • Horses: No
  • Lot Size Acres: 4.07
  • Road Surface Type: Paved
  • Subdivision Name: Port Royal
  • Directions: West on Main St, Cross Palafox and Baylen, then left (south) on to Port Royal Way (Between Baylen St and Spring St)...Unit is a 3rd Floor South-Facing (Bay View) Unit located in the Tower.
  • Architectural Style: Contemporary
  • Building Name: Port Royal
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: 4 to 7 Story
  • New Construction: No
  • Efficiency: Insulation, Insulated Floors, Insulated Walls
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dryer, Washer, Built In Microwave, Dishwasher, Trash Compactor
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Insulated Doors
  • Flooring: Tile, Laminate
  • Interior Amenities: Storage, Baseboards, Ceiling Fan(s), Crown Molding, Elevator, Gym/Workout Room
  • Living Area: 2112
  • Window Features: Blinds
  • Bedroom/Bathroom Features: Updated
  • Dining Room Features: Breakfast Bar, Living/Dining Combo
  • Master Bedroom Master Bedroom Level: First
  • Master Bedroom Master Bedroom Width: 14
  • Master Bedroom Features: Ceiling Fan(s), Sitting Area
  • Room Kitchen Features: Updated, Granite Counters
  • Room Kitchen Area: 184
  • Room Master Bedroom Area: 224
  • Master Bathroom Features: Double Vanity, Walk-In Closet(s)

Exterior Features

  • Roof: Clay Tiles/Slate, Flat
  • Fencing: Full, Electric
  • Lot Features: Central Access, Cul-De-Sac, Interior Lot
  • Pool Features: Fenced, Gunite, In Ground
  • Waterfront Features: Bay, Waterfront, Block/Seawall, Natural, Rip Rap
  • Waterfront: Yes
  • Construction Type: Concrete
  • Exterior Features: Balcony
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: Carport
  • Total Parking Spaces: 1

Utilities

  • Heating: Heat Pump, Central
  • Cooling: Heat Pump, Central Air, Ceiling Fan(s)
  • Sewer: Public Sewer
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool, Community Room, Elevator, Fitness Center, Gated
  • Association Fee: 11088
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Association, Cable TV, Maintenance Grounds, Insurance, Land Lease, Management, Pest Control, Recreation Facility, Trash, Water/Sewer

Schools

  • Elementary School: Global Learning Academy
  • High School: Pensacola
  • Middle Or Junior School: Workman

Lot Info

  • Land Lease: Yes
  • Lot Size Sq Ft: 177289.2
  • Zoning Description: Deed Restrictions,Res Multi
  • ResoLotSizeUnits: Acres

Rental Info

  • Land Lease Amount: 300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2015
Closed on
May 1, 2016
Bought by
Ren Narahari Premnath Narahari
Seller's Agent
Andra Morgan
Berkshire Hathaway Home Services PenFed Realty
Buyer's Agent
Andra Morgan
Berkshire Hathaway Home Services PenFed Realty
List Price
$534,900
Sold Price
$400,000
Premium/Discount to List
-$134,900
-25.22%
Current Estimated Value
$923,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$523,706
Avg. Annual Appreciation
9.46%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ren Narahari Premnath Narahari $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schlichter Stephen M $134,000
Open Schlichter Stephen $528,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2019 03/07/19 Sold $550,000 +0.2% $260 / Sq Ft
02/05/2019 02/05/19 For Sale $549,000 +37.3% $260 / Sq Ft
05/24/2016 05/24/16 Sold $400,000 -25.2% $189 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
12/07/2015 12/07/15 For Sale $534,900 -- $253 / Sq Ft
Source: Pensacola Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $9,797 $614,592 -- $614,592
2023 $9,797 $580,800 $0 $580,800
2022 $9,695 $570,240 $0 $570,240
2021 $9,722 $591,360 $0 $0
2020 $9,003 $522,720 $0 $0
2019 $8,019 $503,712 $0 $0
2018 $8,489 $522,720 $0 $0
2017 $6,868 $383,000 $0 $0
2016 $2,596 $183,341 $0 $0
2015 $2,610 $182,067 $0 $0
2014 $2,616 $180,623 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • FRASIER PHELPS

    Seller's Agent in 2019

    FRASIER PHELPS

    BHHS PenFed (actual)

    (850) 485-2665

    10 in this area

    77 Total Sales

    FRASIER PHELPS
    Section Image

  • D

    Buyer's Agent in 2019

    DANIEL STOMP

    Daniel Stomp Realty

    Section Image
  • Andra Morgan

    Seller's Agent in 2016

    Andra Morgan

    BHHS PenFed (actual)

    (850) 450-8844

    1 in this area

    83 Total Sales

    Andra Morgan
    Section Image
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Map

Source: Pensacola Association of REALTORS®

MLS Number: 548638

Pensacola Association of REALTORS®

APN: 00-0S-00-9200-306-004

Florida Escambia County Pensacola 32502 Downtown Pensacola

306 Port Royal Way, Pensacola, FL

This home is located at 306 Port Royal Way, Pensacola, FL 32502 since 06 February 2019 and is currently estimated at $923,706, approximately $437 per square foot. This property was built in 1984. 306 Port Royal Way is a home located in Escambia County with nearby schools including J.H. Workman Middle School, Pensacola High School, and Episcopal Day School of Christ Church Parish.

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