$1,199,000

701 S Palafox St Unit 3B Pensacola, FL 32502

Downtown Pensacola Neighborhood

Estimated payment $8,193/month

Total Views 23,983
2 Beds
2 Baths
1,574 Sq Ft
$762 Price per Sq Ft

Highlights

  • Home fronts a seawall
  • Bay View
  • 0.27 Acre Lot
  • Pensacola High School Rated A-
  • Updated Kitchen
  • 2-minute walk to Plaza Ferdinand VII

About This Home

Luxury Marina-View Condo in the Heart of Downtown Pensacola. Experience the best of downtown living in this stunning condo overlooking the Palafox marina. Located in Pensacola’s most desirable complex, this low density (only 9 residences) building offers a perfect blend of modern luxury and unbeatable convenience. Recently refreshed with new paint, the interior boasts elegant finishes by Lacy Phillips Design including beautiful wallpaper, designer light fixtures, and high-end cabinetry that enhance the condo's refined aesthetic. The open-concept living area is adorned with rich hardwood floors and built in bookshelves. The luxuriously designed kitchen features a large island, a Wolf gas stove/oven, a Subzero refrigerator, and ample storage with cabinetry on both sides of the island—ideal for both everyday living and entertaining. The primary suite is a beautiful retreat, complete with a custom walk-in closet, bathroom with double sinks, a heated towel warmer, and a private water closet. Relax on your covered balcony with serene marina views, the perfect spot for morning coffee or evening cocktails. Additional highlights include covered parking, private elevator access with only three units per floor, and a secured entrance on Palafox Street. Enjoy the walkability of this prime location—just steps from Palafox Street’s charming shops, the Pensacola Museum of Art, the Saenger Theatre, Wahoos Stadium, and more. These residences rarely come on the market. Don’t miss this rare opportunity to own a sophisticated waterfront condo in the heart of downtown Pensacola! Buyer to verify all measurements and information. Buyer to verify all measurements and information.

Listing Agent

Katy Collins

Levin Rinke Realty Brokerage Email: katymcollins@yahoo.com Listed on: 03/03/2025

Co-Listing Agent

Liz Harrison

Levin Rinke Realty Brokerage Email: katymcollins@yahoo.com

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,975

Year Built

  • Built in 2016

Lot Details

  • Home fronts a seawall
  • Property Fronts a Bay or Harbor

HOA Fees

  • $463 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Concrete Siding
  • Steel Siding

Interior Spaces

  • 1,574 Sq Ft Home
  • Multi-Level Property
  • Bookcases
  • Crown Molding
  • High Ceiling
  • Recessed Lighting
  • Insulated Doors
  • Combination Dining and Living Room
  • Inside Utility
  • Bay Views

Kitchen

  • Updated Kitchen
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Home Security

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Rip-Rap
  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Baseboard Heating
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 000S009600002003

Community Details

Overview

  • Association fees include ground maintenance, management, pest control, water/sewer
  • Palafox Pier & Yacht Harbour Subdivision

Additional Features

  • Elevator
  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,975

Year Built

Built in 2016

Lot Details

0

HOA Fees

$463 per month

Listing Details

  • Parcel Number: 000S009600002003
  • Property Type: Residential
  • Year Built: 2016
  • Electric: Copper Wiring
  • Property Sub Type: Condo
  • Horses: No
  • Lot Size Acres: 0.2716
  • Co List Office Mls Id: LRRR02
  • Co List Office Phone: 850-916-5050
  • Subdivision Name: Palafox Pier & Yacht Harbour
  • Directions: South on Palafox past Main
  • Architectural Style: Contemporary
  • Building Name: Palafox Pier & Yacht Harbour
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 4 to 7 Story
  • New Construction: No
  • Efficiency: Insulation, Insulated Walls
  • Attribution Contact: katymcollins@yahoo.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Tankless Water Heater/Gas, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Insulated Doors
  • Flooring: Hardwood, Tile
  • Interior Amenities: Baseboards, Bookcases, Crown Molding, High Ceilings, Recessed Lighting
  • Living Area: 1574
  • Window Features: Impact Resistant Windows
  • Bedroom/Bathroom Features: Updated
  • Dining Room Features: Living/Dining Combo
  • Room Kitchen Features: Updated, Kitchen Island
  • Master Bathroom Features: Double Vanity, Shower Only

Exterior Features

  • Roof: Metal
  • Pool Features: None
  • View: Bay, Water
  • View: Yes
  • Waterfront Features: Bay, Waterfront, Block/Seawall, Natural, Rip Rap
  • Waterfront: Yes
  • Construction Type: Concrete, Steel
  • Exterior Features: Balcony
  • Foundation Details: Pillar/Post/Pier
  • Property Condition: Resale

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Total Parking Spaces: 1

Utilities

  • Heating: Central
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Elevator
  • Association Fee: 5558.76
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association, Maintenance Grounds, Management, Pest Control, Water/Sewer

Schools

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

Lot Info

  • Lot Size Sq Ft: 11830.896
  • Zoning Description: Res Multi

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $13,975 $881,440 -- $881,440
2023 $13,975 $826,350 $0 $826,350
2022 $13,415 $787,000 $0 $787,000
2021 $13,054 $746,076 $0 $0
2020 $12,530 $725,614 $0 $0
2019 $12,268 $724,040 $0 $0
2018 $11,210 $637,470 $0 $0
2017 $10,311 $575,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2025 03/03/25 For Sale $1,199,000 -- $762 / Sq Ft
Source: Pensacola Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $729,100 Attorney
Source: Public Records

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See All Homes in Pensacola

Source: Pensacola Association of REALTORS®

MLS Number: 659996

Pensacola Association of REALTORS®

APN: 00-0S-00-9600-002-003

Florida Escambia County Pensacola 32502 Downtown Pensacola

701 S Palafox St Unit 3B, Pensacola, FL

This home is located at 701 S Palafox St Unit 3B, Pensacola, FL 32502 and is currently priced at $1,199,000, approximately $761 per square foot. This property was built in 2016. 701 S Palafox St Unit 3B 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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Nearby Homes
Listing Agent
Katy Collins
Section Image
Levin Rinke Realty
(850) 616-6750