#659996, Katy Collins, Listing office: Levin Rinke Realty
203 Port Royal Way Unit 203 Pensacola, FL 32502
Property details
About 203 Port Royal Way Unit 203
Welcome to 203 Port Royal Way — a rare opportunity to own a 2,251 sq ft end-unit residence in one of downtown Pensacola’s most exclusive gated waterfront communities. Located on the 2nd floor, this expansive 2-bedroom, 2-bath condo also features a generous study/flex room that can easily be converted back into a third bedroom, offering exceptional versatility for guests, remote work, or extended family living. This elegant corner unit is filled with natural light and showcases two private balconies with sweeping views of both the city and Pensacola Bay. Inside, youll find luxury vinyl plank flooring throughout (2021), tile in the baths, and a well-designed layout for both entertaining and everyday living. The kitchen features updated cabinetry (2023), stainless steel appliances including a new dishwasher (2025), and a refrigerator and range (2017). Both bathrooms were beautifully remodeled—one in 2019 and the other in 2020—offering a modern, spa-like feel. Additional updates include a new water heater (2025) and HVAC system (2017). A spacious, climate-controlled storage unit is assigned and included, adding convenience and value. One assigned covered parking space is also included. The HOA fee covers all utilities except electricity, making ownership simple and worry-free. Port Royal offers resort-style amenities including a newly resurfaced pool, fully equipped fitness center, and a stylish community lounge. Located just steps from Palafox Street, the Blue Wahoos Stadium, and the waterfront amphitheater, you’ll enjoy walkable access to dining, shopping, events, and entertainment. 203 Port Royal Way offers a rare combination of luxury, location, and lifestyle—don’t miss this exceptional waterfront opportunity.
Highlights
Summary
- Full Bathrooms: 2
- Appliances: Electric Water Heater, Microwave, Dishwasher, Disposal, Refrigerator
- Flooring Type: Simulated Wood
- Interior: Baseboards, Bookcases, Ceiling Fan(s), Crown Molding, Elevator, High Speed Internet
- Fireplace: Electric
- Total Bedroom Count: 2
- Parking: 1 Space/Unit, Detached, Guest, Parking Lot
- Waterfront: Bay, Waterfront
- View: Bay, Water
- Exterior: Balcony, Sprinkler
- Architectural Style: Contemporary
- Heating: Central
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $1,190,000
- Price/SqFt: $528
- HOA Amount: $18175 Annually
- Lot: Cul-De-Sac
- Directions: South on Main Street to Port Royal Way-go thru security gate all the way down to high rise and turn right into parking lot.
- Year Built: 1984
- Living Area: 2,251 SqFt
- Lot Size: 4.07 Acres
- MLS Number: 668466
- MLS Name: Pensacola MLS
- Office Name: Berkshire Hathaway Home Services PenFed Realty
- Office Phone: (850) 932-6278
- Listing Agent: Jennifer Cobb, Llc
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Price information
Property sales
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Nearby schools
3
Global Learning Academy
Public District PK-5
1.8 mi
•100 N P St
9
N. B. Cook Elementary School
Public Magnet PK-5
1.8 mi
•1310 N 12th Ave
6
Suter Elementary School
Public District KG-5
2.5 mi
•501 Pickens Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $31,167. Residents of Pensacola, FL typically earn less than $<35k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 203 Port Royal Way Unit 203
The listing price of 203 Port Royal Way Unit 203 property is $1,190,000.
The property 203 Port Royal Way Unit 203 is a condo located in Pensacola, Florida, 32502.
Active Listing: 203 Port Royal Way Unit 203 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 203 Port Royal Way Unit 203 are: Global Learning Academy (GreatSchools Rating 3/10), N. B. Cook Elementary School (GreatSchools Rating 9/10), Suter Elementary School (GreatSchools Rating 6/10), Warrington Middle School (GreatSchools Rating 2/10), Gulf Breeze Middle School (GreatSchools Rating 7/10), Brown Barge Middle School (GreatSchools Rating 8/10), Pensacola High School (GreatSchools Rating 3/10), Camelot Academy of Escambia County (GreatSchools Rating 1/10), Escambia Virtual Academy Franchise (GreatSchools Rating 7/10).
The property at 203 Port Royal Way Unit 203 has 2 bedrooms and 2 bathrooms.
The property 203 Port Royal Way Unit 203 is 2,251 SqFt (source: MLS/tax record).
The year of construction for 203 Port Royal Way Unit 203 is 1984.
This home is located at 203 Port Royal Way Unit 203 in Pensacola, FL and zip code 32502 in the Downtown Pensacola neighborhood. This 2,251 square foot home, which was built in 1984, sits on a 4.07 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 29, 2025 and is currently priced at $1,190,000.
While more than 64 listings in Pensacola, FL in June 2025 were sold above asking price, there were more than 104 listings sold at asking price, and more than 220 were sold below. The number of homes for sale in Pensacola, FL increased by 5.2% between May and June 2025. In June 2025 median list price was $279,670 and the average listing age was 67 days.