$1,199,000

701 S Palafox Unit 3B Pensacola, FL 32502

$10,000
Closing credit¹
2 beds
2 full
1,574 sqft
0.3 acres
$762 / sqft
Condo

Property details

About 701 S Palafox Unit 3B

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 condos 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.

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size1,574 sqft
Lot size0.27 Acres
Year built2016
Parking1 Space/Unit
MLS #659996
WaterfrontBay, Waterfront, Natural Shoreline
ViewBay, Water

Virtual tour

Summary

  • MLS Number: 659996
  • MLS Name: Pensacola MLS
  • Office Name: Levin Rinke Realty
  • Office Email: katymcollins@yahoo.com
  • Listing Agent: Katy Collins

Copyright © 2025 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/18/2025, 6:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$1,199,000

701 S Palafox Unit 3B

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

9

N. B. Cook Elementary School

Public Magnet PK-5

1.8 mi

1310 N 12th Ave

3

Global Learning Academy

Public District PK-5

1.9 mi

100 N P St

6

Suter Elementary School

Public District KG-5

2.4 mi

501 Pickens Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $50,000. Typical income of Pensacola, FL residents is less than $<35k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

39%
<35k
33%
35k-100k
19%
100k-200k
9%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

68%
Single, No Kids
5%
Single, with Kids
19%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
4%
12-17 yrs old
25%
18-34 yrs old
48%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Symphony or OperaSymphony or Opera
  • Hiking/backpackingHiking/backpacking
  • Yoga/pilatesYoga/pilates

Where do the neighbors shop?

  • Chico'sChico's
  • Nordstrom RackNordstrom Rack
  • H&MH&M

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • ChipotleChipotle
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • VolvoVolvo
  • MazdaMazda
  • AudiAudi

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • RockRock
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 701 S Palafox Unit 3B

This home is located at 701 S Palafox Unit 3B in Pensacola, FL and zip code 32502 in the Downtown Pensacola neighborhood. This 1,574 square foot home, which was built in 2016, sits on a 0.27 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 3, 2025 and is currently priced at $1,199,000.

In March 2025 more than 32 listings in Pensacola, FL were sold above the asking price. During the same period more than 74 listings were sold at asking price, while more than 153 were sold below. The inventory of homes for sale in Pensacola, FL between February and March 2025 increased by 15.1%. Listings spent 72 days on the market in March 2025, and had a median list price of $285,138 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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