Pensacola, FL 32502,850 S Palafox St
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Pensacola, FL 32502,850 S Palafox St
Pensacola, FL 32502,850 S Palafox St
Pensacola, FL 32502,850 S Palafox St
Pensacola, FL 32502,850 S Palafox St
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Listed by Mark Downey • MARK DOWNEY & ASSOCIATES, INC.
$ 850,000
Est. payment /mo
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Price Dropped by $45K

850 S Palafox St Pensacola, FL 32502

1 Bed

1 Bath

1,250 SqFt


UPDATED:

10/20/2024 09:26 PM

Key Details

Property Type Condo

Sub Type Condo

Listing Status Active

Purchase Type For Sale

Square Footage 1,250 sqft

Price per Sqft $680

Subdivision Palafox Pier & Yacht Harbour

MLS Listing ID 633202

Style Contemporary

Bedrooms 1

Full Baths 1

HOA Fees $6,278/ann

HOA Y/N Yes

Originating Board Pensacola MLS

Year Built 2003

Lot Size 0.500 Acres

Acres 0.5

Property Description

LUXURIOUS 3rd Story LOFT overlooking Palafox Pier and Marina (next to Jaco's) and Pensacola Bay in Downtown Pensacola! ** This is a one-of-a-kind urban residential loft with direct elevator access! ** Waterfront on both sides, with views of the marina and the Port of Pensacola & literally in the middle of everything that Downtown Pensacola offers! ** Perfect for Using as a weekend getaway or longer, or rent it out to create incredible income - there is simply nothing else like this in Downtown Pensacola! (Rentals are allowed) ** If you know anything about the area, you know that FINDING a waterfront condo, or home, in the heart of Downtown Pensacola is virtually impossible....this is your opportunity to own something extremely rare and exclusive! ** There are only a couple units like this (none available) and most of the residential units within a block or so are priced around $2,000,000 making this one of the most affordable opportunities you will ever find. * The unit itself has it’s own access via an elevator (a fob provides access directly into the unit) and you have your own locked/secure foyer downstairs making it a great choice to either work or live in. * The Owner (who is the Broker of Record) has completely modified the unit, modernizing it and making it truly a masterpiece - over $100,000 has been spent updating the unit in 2023-2024) * Has balcony on the front and accessible balcony on the rear overlooking the Port/Pensacola Bay ** Washer/Dryer Hookups/Closet are in the unit ** Fridge and all installed appliances in the kitchen convey - Owner may convey the kitchen dishes/cutlery and chairs in the front, with a full price offer **** Seller is a licensed Real Estate Broker in FL and AL

Location

State FL

County Escambia

Zoning Commercial

Rooms

Dining Room Breakfast Bar, Living/Dining Combo

Kitchen Updated, Granite Counters, Pantry

Interior

Interior Features High Ceilings, Recessed Lighting, Office/Study

Heating Central

Cooling Central Air

Flooring Tile, Travertine

Appliance Electric Water Heater, Built In Microwave, Dishwasher, Refrigerator

Exterior

Exterior Feature Balcony, Dock

Garage Guest, Parking Lot, On Street

Pool None

Waterfront Yes

Waterfront Description Bay,Waterfront,Pier

View Y/N Yes

View Bay, Water

Roof Type Metal

Parking Type Guest, Parking Lot, On Street

Total Parking Spaces 4

Garage No

Building

Lot Description Interior Lot

Faces SOUTH on Palafox - across from the marina, just before Jaco's Restaurant ** Palafox Pier

Water Public

Structure Type Frame,Steel

New Construction No

Others

HOA Fee Include Association

Tax ID 000S009125000003


Claire Montgomery

Agent | License ID: SL3992599

+1(850) 490-4368

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850 S Palafox St