701 Port Royal Way Unit 701 Pensacola, FL 32502
Estimated payment $5,581/month
Highlights
- Property Fronts a Bay or Harbor
- In Ground Pool
- Contemporary Architecture
- Pensacola High School Rated A-
- 4.07 Acre Lot
- Wood Flooring
About This Home
Welcome to 701 Port Royal Way, a stunning 2-bedroom, 2-bathroom Penthouse unit located in the highly sought-after, gated Port Royal neighborhood in downtown Pensacola. This beautifully remodeled condo offers luxury living with high-end finishes and breathtaking views. Step inside to find an open-concept layout featuring rich teak hardwood floors throughout. The modern kitchen has been fully renovated with sleek stainless steel appliances, quartz countertops, and custom cabinetry—perfect for cooking and entertaining. Both bathrooms have also been thoughtfully updated with stylish fixtures and finishes, creating spa-like retreats. As a resident of Port Royal, you’ll enjoy exclusive access to a variety of amenities, including a refreshing pool, a fully equipped fitness center, and a spacious community room ideal for gatherings and events. Located just steps from vibrant Palafox Street, you’ll be immersed in downtown Pensacola’s best dining, nightlife, and boutique shopping. Sports fans will love the easy walk to Pensacola Bayfront Stadium—home of the Blue Wahoos—for exciting baseball games and waterfront views. Music lovers can even catch the sounds of live concerts from the nearby Hunter Amphitheater, right from the comfort of your own home. With its unbeatable location, upscale features, and unmatched views, this penthouse at 701 Port Royal Way offers the perfect blend of luxury, convenience, and downtown energy. Don’t miss your chance to make it yours!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,492
Year Built
- Built in 1984
HOA Fees
- $1,515 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Flat Roof Shape
- Slab Foundation
- Clay Roof
- Concrete Siding
Interior Spaces
- 1,268 Sq Ft Home
- 1-Story Property
- Formal Dining Room
- Bay Views
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Schools
- Global Learning Academy Elementary School
- Workman Middle School
- Pensacola High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Additional Features
- In Ground Pool
- Property Fronts a Bay or Harbor
Community Details
- Port Royal Subdivision
Listing and Financial Details
- Assessor Parcel Number 000S009200701004
Map
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 | $4,492 | $278,960 | -- | $278,960 |
| 2023 | $4,492 | $266,280 | $0 | $266,280 |
| 2022 | $4,419 | $259,940 | $0 | $259,940 |
| 2021 | $4,868 | $278,960 | $0 | $0 |
| 2020 | $4,586 | $266,280 | $0 | $0 |
| 2019 | $4,508 | $259,940 | $0 | $0 |
| 2018 | $2,455 | $180,325 | $0 | $0 |
| 2017 | $2,436 | $176,617 | $0 | $0 |
| 2016 | $2,407 | $172,985 | $0 | $0 |
| 2015 | $2,421 | $171,783 | $0 | $0 |
| 2014 | $2,426 | $170,420 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/09/2025 11/09/25 | Price Changed | $699,000 | 0.0% | $551 / Sq Ft | |
| 11/09/2025 11/09/25 | For Sale | $699,000 | +7.7% | $551 / Sq Ft | |
| 09/03/2025 09/03/25 | Off Market | $649,000 | -- | -- | |
| 04/17/2025 04/17/25 | For Sale | $649,000 | +85.4% | $512 / Sq Ft | |
| 02/23/2018 02/23/18 | Sold | $350,000 | -7.8% | $276 / Sq Ft | View Prior Sale |
| 12/18/2017 12/18/17 | Pending | -- | -- | -- | |
| 10/03/2017 10/03/17 | For Sale | $379,450 | -- | $299 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $21,900 | -- | |
| Deed | $175,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $166,250 | No Value Available |
Source: Pensacola Association of REALTORS®
MLS Number: 662811
APN: 00-0S-00-9200-701-004
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