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Active - Condominium for sale

850 S Palafox St # C, Pensacola FL 32502

1 bd|1 bth|1,250 sqft

Facts & features

Condominium Property type
1159 days on Beycome
2003 Year built
$636 Price/Sqft.
$6,278/yr HOA
21,780 sqft Lot size

Why you’ll love it

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 won't 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 don't 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.

Translating description...

Listings courtesy of MARK DOWNEY & ASSOCIATES, INC..

Listed by: Mark Downey • 850-456-6616 • MARK DOWNEY & ASSOCIATES, INC.

Co-listed by: MARK DOWNEY & ASSOCIATES, INC.

Source: Pensacola MLS, MLS#: 633202 Pensacola MLS logo

Based on info available as of Nov 14, 2026 at 1:48 AM EST.

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Affordability

$515,000$1,075,000
1%20%
0%90%
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Estimated monthly payment

$4,543/mo

  • Mortgage$4,020
  • Property tax$0
  • HOA fee
  • Homeowners insurance
Due at closing$632,025
Down payment held in escrow$159,000
Closing costs$11,925
beycome credit Est.$15,900

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Palafox Pier & Yacht Harbour

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone AE

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 9 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 14, 2026 at 01:48am EST.

$795,000 Listed price

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