$1,009 Closing Credit¹
#652675, Troy Alsaker, Listing Office: MARK DOWNEY & ASSOCIATES, INC.
$9,441
closing credit¹
850 S Palafox St Unit C Pensacola, FL 32502
$795,000 List price
$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
LUXURIOUS 3rd Story LOFT overlooking Palafox Pier and Marina (next to Jacos) 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
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
- 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: 2/5/2025, 1:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$795,000
850 S Palafox St Unit C
$9,441
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
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
7
N. B. Cook Elementary School
Public Magnet PK-5
1.9 mi
•1310 N 12th Ave
1
Global Learning Academy
Public District PK-5
2.0 mi
•100 N P St
8
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. Most Pensacola, FL residents have annual incomes less than $<35k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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
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.
Pensacola, FL housing market in January 2025 saw over 18 listings sold above listed price, more than 68 sold at listed price and over 128 sold below. Between December and January 2025, Pensacola, FL real estate market has seen increase in the number of listings by 7.3%. While the average time on the market in January 2025 was 84 days, the median list price was $285,303.
From Rocket Homes Real Estate and based on county public records data.