850 South Palafox Street, Unit C

Pensacola, FL 32502

$975,000
Price
1
Beds
1
Bath
1,250 Sq. Ft.
$780 / Sq. Ft.
1,250
Sq. Ft.
$780
per Sq. Ft.

Description

Downtown Pensacola has become known as one of the best places to live and work in the U. S.! There is no better place in Downtown Pensacola to live than at Palafox Pier - waterfront on both sides, views of the marina and the Port of Pensacola and literally in the middle of everything that Downtown Pensacola offers! Fish, Store your Boat, Walk to Restaurants and so much more! And if you know anything about the area, you know that FINDING a waterfront condo, or home, in the heart of Downtown Pensacola...Downtown Pensacola has become known as one of the best places to live and work in the U. S.! There is no better place in Downtown Pensacola to live than at Palafox Pier - waterfront on both sides, views of the marina and the Port of Pensacola and literally in the middle of everything that Downtown Pensacola offers! Fish, Store your Boat, Walk to Restaurants and so much more! And 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 a once-in-a-lifetime opportunity to own something this rare and exlcusive! There are only a couple units like this and most of the residential units 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 (fob provides access to the 3rd floor, where the unit is located) and you have your own secure foyer downstairs making it a great choice to either work or live in. The owner has completely modified the unit, modernizing it and making it truly a masterpiece! (Owner has already paid for all new Impact Resistant French Doors - top of the line - Owner has spent over $100,000 updating the unit in 2023.) Seller is a licensed Real Estate Broker in FL and AL
  1. Listed by Michael Warinner • MARK DOWNEY & ASSOCIATES, INC.
  2. Listed by Mark Downey

Property Details for 850 South Palafox Street, Unit C

Architectural Style
Contemporary
View
Bay, Water
Waterfront Features
Bay, Waterfront, Pier
Zoning Description
Commercial

Location

Listing Courtesy of MARK DOWNEY & ASSOCIATES, INC.
Add your commute
LISTING UPDATED: 03/14/2024 10:38 PM

Property Details for 850 South Palafox Street, Unit C

StatusActive
MLS #633202
Days on Market231
Taxes-
HOA Fees$6,278 / year
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condo
Year Built2003
CountyEscambia County

Location

Listing Courtesy of MARK DOWNEY & ASSOCIATES, INC.
Add your commute

Building Information for 850 South Palafox Street, Unit C

Building/ComplexPalafox Pier & Yacht HarbourFloor-Stories-Residences-Pet Policy-Year Built2003

Payment Calculator

$6,575 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,321

Property Taxes

$731

HOA Dues

$523

The Payment Calculator is for illustrative purposes only.

Property Information for 850 South Palafox Street, Unit C

Summary
Location and General Information
  • Directions: SOUTH on Palafox - across from the marina, just before Jaco's Restaurant **
  • Latitude: 30.403739
  • Longitude: -87.213023
  • Subdivision Name: Palafox Pier & Yacht Harbour
Taxes and HOA Information
  • Association Fee Includes: Association
  • Tax Legal Description: UNIT C PALAFOX PIER & YACHT HARBOUR CONDOMINIUM ALSO 1.821% INT IN COMMON ELEMENTS OR 8921 P 1602
  • Association: Yes
Parking
  • Parking Features: Guest, Parking Lot, On Street
  • Parking Total: 4.0
  • Carport: No
  • Garage: No
  • Open Parking: Yes
School Information
  • Elementary School: Global Learning Academy
  • High School: Pensacola
  • Middle Or Junior School: Workman
Property
Lot Information
  • Building Name: Palafox Pier & Yacht Harbour
  • Construction Materials: Frame, Steel
  • Levels: 4 to 7 Story
  • Lot Features: Interior Lot
  • Road Responsibility: Public Maintained Road
  • Roof: Metal
  • Cooling: Yes
  • Heating: Yes
  • Horse: No
  • New Construction: No
  • View: Yes
  • Waterfront: Yes
Property and Assessments
  • Documents Count: 1
  • Parcel Number: 000S009125000003
  • Homestead: No
  • Photos Count: 25
  • Property Condition: Resale
Green Features
  • Green Energy Efficient: No Energy Features
Utilities
  • Electric: Copper Wiring
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony, Dock
  • Foundation Details: Slab
  • Pool Features: None
Interior Features
  • Appliances: Electric Water Heater, Built In Microwave, Dishwasher, Refrigerator
  • Cooling: Central Air
  • Flooring: Tile, Travertine
  • Heating: Central
  • Interior Features: High Ceilings, Recessed Lighting, Office/Study
  • Laundry Features: Inside
Room Information
Room Information
  • Room Bathroom Features: Updated
  • Room Dining Room Features: Breakfast Bar, Living/Dining Combo
  • Room Kitchen Area: 80.0
  • Room Kitchen Features: Updated, Granite Counters, Pantry
  • Room Kitchen Length: 8.0
  • Room Kitchen Level: First
  • Room Kitchen Width: 10.0
  • Room Master Bathroom Features: Granite Counters, Shower Only
  • Room Master Bedroom Area: 300.0
  • Room Master Bedroom Features: Walk-In Closet(s)
  • Room Master Bedroom Length: 15.0
  • Room Master Bedroom Level: First
  • Room Master Bedroom Width: 20.0
Multi Family
Income & Expenses Information
  • Bonus Amount: $20,000.00
Rental
Rental Information
  • Leasable Area Units: Square Feet
  • Rent Restrictions: Unknown
  • Lease Considered: No

Property History for 850 South Palafox Street, Unit C

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 850 South Palafox Street, Unit C

Taxable ValueLand-Additions-Total-
Tax Record2023$8,775 ($731 / month)
Home Facts
Beds0Total Finished SqFt1,242 SqFtAbove Grade Finished SqFt1,242 SqFtStories1Lot Size36,765 SqFtStyleCondominiumYear Built2003ZoningWRDCountyESCAMBIAAPN00-0S-00-9125-000-003

Schools near 850 South Palafox Street, Unit C

This home is within Escambia.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Global Learning Academy
PublicPK to 5

J. H. Workman Middle School
Public6 to 8

Pensacola High School
Public9 to 12

N. B. Cook Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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850 South Palafox Street, Unit C is a condo for sale in Pensacola, FL 32502. This property was listed for sale on September 12, 2023 by MARK DOWNEY & ASSOCIATES, INC., it's currently listed at $975,000. It has been on the market for a total of 231 days and was last sold on January 25, 2023. This listing's school district is Escambia. Nearby schools include Global Learning Academy, J. H. Workman Middle School and Pensacola High School. 850 South Palafox Street, Unit C is a 1-bed, 1-bath, 1,250 sqft condo built in 2003.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of MARK DOWNEY & ASSOCIATES, INC.

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2024 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.