$6,519 Closing Credit¹
#655735, Bill Manning, Listing Office: Kuhn Realty
$795,000 List price
850 S Palafox St Unit C Pensacola, FL 32502
$9,441
Closing credit¹
1 bed
1 full
1,250 sqft
0.5 acres
$636 / sqft
Condo
Property details
About 850 S Palafox St Unit C
Exclusive 3rd-floor urban style industrial loft with direct elevator private entry, breathtaking views of Palafox Pier & Marina and overlooking Pensacola Bay in the heart of Downtown Pensacola. * The unit has water vistas on both sides of the unit, making it one-of-a-kind getaway that you wont find anywhere else in Pensacola! * Perfect as a weekend retreat, an extended stay, or a lucrative rental property * The units at Palafox Pier are rarely available for purchase * Other nearby residences are priced around $2,000,000 or more, and dont have the waterfront aspect that this has. ***** The unit features private elevator access via a secured fob system, along with a locked and secure foyer downstairs, making it ideal for both residential and even light-commercial office use * The Broker is the owner and has renovated the unit (2023-2024) into a masterpiece. * All of the front windows and doors have JUST been replaced as well (a $40k investment alone) ***** Other features: In-unit washer/dryer (conveys as-is but is barely used); a fully equipped kitchen with all built-in appliances that convey; Exposed brick wall; updated lighting; Surround System (w/ speakers in all rooms including the bathroom); new Water Heater; fresh & modern paint on all walls; plenty of built-in Cabinets; Large Bedroom with French Doors on both sides. **** For $7500, the owner will include all furniture, dishes, counter top appliances, cutlery, and even some of the wall art. * If you are looking for a magnificent showpiece location downtown to enjoy all the major holidays, parades, or simply entertain friends, this is it! * The seller is a licensed RE Broker in FL & AL * There is designated owner parking in rear of unit or you can park in front.
Highlights
Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size1,250 sqft
Lot size0.5 Acres
Year built2003
ParkingGuest, Parking Lot, On Street
MLS #633202
WaterfrontBay, Waterfront, Pier
ViewBay, Water
Summary
- Full Bathrooms: 1
- Appliances: Electric Water Heater, Microwave, Dishwasher, Refrigerator
- Flooring Type: Tile, Travertine
- Interior: High Ceilings, Recessed Lighting, Office/Study
- Total Bedroom Count: 1
- Parking: Guest, Parking Lot, On Street
- Waterfront: Bay, Waterfront, Pier
- View: Bay, Water
- Exterior: Balcony, Dock
- Architectural Style: Contemporary
- Heating: Central
- Cooling: Central Air
- List Price: $795,000
- Price/SqFt: $636
- HOA Amount: $523
- HOA Frequency: Annually
- Annual Tax Amount: $8,774
- Tax Year: 2023
- Lot: Interior Lot
- Directions: SOUTH on Palafox - across from the marina, just before Jacos Restaurant ** Palafox Pier
- Year Built: 2003
- Living Area: 1,250 SqFt
- Lot Size: 0.5 Acres
- MLS Number: 633202
- MLS Name: Pensacola MLS
- Office Name: MARK DOWNEY & ASSOCIATES, INC.
- Office Phone: (850) 456-6616
- Listing Agent: Mark Downey
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: 5/12/2025, 7:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$795,000
850 S Palafox St Unit C
$9,441
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 26, 2023 | Home Sold | $750,000 |
| Nov 15, 2019 | Home Sold | $510,000 |
| Aug 26, 2016 | Home Sold | $400,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $505,494 | $8,774 |
| 2022 | $459,540 | $7,849 |
| 2021 | $422,280 | $7,849 |
| 2020 | $416,070 | $7,199 |
| 2019 | $329,130 | $5,220 |
| 2018 | $335,340 | $3,168 |
History based on county public records data.
Nearby schools
9
N. B. Cook Elementary School
Public Magnet PK-5
1.9 mi
•1310 N 12th Ave
3
Global Learning Academy
Public District PK-5
2.0 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.
Neighborhood
The neighbors living near this home have an average income of $50,000. Residents of Pensacola, FL typically earn less than $<35k each year. The majority of families are single, no kids. 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 Opera
Hiking/backpacking
Yoga/pilates
Where do the neighbors shop?
Chico's
Nordstrom Rack
H&M
Where do the neighbors go to eat?
Boston Market
Chipotle
Dominos Pizza
What do the neighbors drive?
Volvo
Mazda
Audi
What do the neighbors listen to?
Talk/Personality
Rock
Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 850 S Palafox St Unit C
The listing price of 850 S Palafox St Unit C property is $795,000.
The property 850 S Palafox St Unit C is a condo located in Pensacola, Florida, 32502.
Active Listing: 850 S Palafox St Unit C is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 850 S Palafox St Unit C are: N. B. Cook Elementary School (GreatSchools Rating 9/10), Global Learning Academy (GreatSchools Rating 3/10), 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).
According to the records, the last property tax for 2023 is $8,774 (source: MLS/based on county public records data).
The last sale was on January 26, 2023 for $750,000 (source: MLS/tax record).
The property at 850 S Palafox St Unit C has 1 bedroom and 1 bathroom.
The property 850 S Palafox St Unit C is 1,250 SqFt (source: MLS/tax record).
The year of construction for 850 S Palafox St Unit C is 2003.
This home is located at 850 S Palafox St Unit C in Pensacola, FL and zip code 32502 in the Downtown Pensacola neighborhood. This 1,250 square foot home, which was built in 2003, sits on a 0.50 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $795,000.
Over 42 listings were sold over their listed price in April 2025 in Pensacola, FL. In the same period over 229 listings were sold below the listed price and 83 listings were sold for the listed price. The inventory of homes for sale in Pensacola, FL between March and April 2025 increased by 10.4%. While the average time on the market in April 2025 was 63 days, the median list price was $284,595.
From Rocket Homes Real Estate and based on county public records data.