850 S Palafox St #C

Pensacola, FL 32502
$850,000
1250 sqft | 1 bed | 1 bath | 0.50 acres | #633202

Description

LUXURIOUS 3rd Story LOFT overlooking Palafox Pier and Marina (next to Jaco's) 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
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  • Interior Details
    • Interior Features
      • Interior:High Ceilings, Recessed Lighting, Office/Study
    • Beds & Baths
      • Bedrooms:1
      • Bathrooms:1
      • Full Baths:1
  • Property Details
    • Property
      • View:Bay, Water
      • Lot description:Interior Lot
      • Exterior materials:Balcony, Dock
    • Measurements
      • Acres:0.5
      • Square Feet:1250
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:2003
    • Material information
      • Foundation:Slab
  • Utilities / Energy Details
    • Utility
      • Sewer information:Public Sewer
      • Utility source:Public
  • Community and Neighborhood Details
    • Community
      • Subdivision:Palafox Pier & Yacht Harbour
    • Location
      • Elementary School:Global Learning Academy
      • Middle School:Workman
      • High School:Pensacola
      • County:Escambia
  • Financial Details
    • Pricing Details
      • Original List Price:$985, 000
    • HOA
      • Hoa fees:6278.4
  • Other
    • Source
      • MLS #:633202

Location

Central Bay Realty and Property ManagementReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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