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$775,000
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Property Description
Two luxury residences. One architecturally distinctive property. A rare new-construction opportunity in Downtown Pensacola. Currently under construction, this high-end duplex offers approximately 2,180 square feet total, each unit comprising 2 bedrooms and 2 bathrooms, plus dedicated rear parking for both. Designed to stand apart from conventional multifamily construction, this property pairs distinctive contemporary architecture with premium finishes inside and out. The two-residence configuration offers exceptional flexibility: occupy one residence and rent the other, or operate both as an income-producing asset. With no HOA, the owner has the freedom to choose. A single building also delivers meaningful efficiencies over owning and maintaining two separate properties: one envelope, one roof, and consolidated maintenance and rental-management logistics. Both residences feature thoughtfully selected high-end materials, contemporary kitchens with sleek cabinetry and quartz countertops, luxury flooring, modern bathrooms, dedicated laundry, and refined architectural details throughout. The exterior makes an equally strong statement. A signature arched facade, expansive second-floor terraces with glass railings, stucco exterior, and modern flat-roof profile give the property an architectural identity rarely found in traditional duplex construction. Developable land in Downtown Pensacola is limited, making new construction capable of accommodating two residences especially compelling for both owner-occupants and investors. Anticipated completion November 2026.
Full Property Details
Full Property Details for 1203 W Zarragossa St
General
- Price: $775,000
- Status: Active
- Type: Duplex
- Source: Pensacola
- MLS ID: 686805
- Updated: 9/12/2026
- Added to Site: 70 day(s) ago
Rental Information
- Lease/Rent Term: None
Interior
- Number of Rooms: 3
- Interior Features: Baseboards, Ceiling Fan(s), High Ceilings, High Speed Internet, Recessed Lighting
- Appliances: Electric Water Heater, Dishwasher, Refrigerator
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Kitchen: Kitchen Island, Pantry
- Laundry: Inside, W/D Hookups
Exterior
- Exterior Features: Balcony
- Deck/Patio: Porch
Parking
- Parking Features: 2 Space/Unit
Location
- County: Escambia - Fl
- Subdivision: Maxent Tract
- Driving Directions: West on Main St. to North on E St. to West on Zarragossa St. to home on left.
School Information
- Elementary School: Global Learning Academy
- Middle School: WARRINGTON
- High School: Pensacola
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
Structural Information
- Construction: Frame
- Roof: Flat
- Stories/Levels: 2
- Square Feet: 2,180
- Year Built: 2026
- Property Condition: Under Construction
Lot Features
- Road Maintenance: Public Maintained Road
- Lot Features: Interior Lot
- Zoning: Commercial
Water Features
- Water Front Desc.: None
Financial Considerations
- Price Per Sq. Ft.: $354.85
Disclosures and Reports
- Property ID: 000S009080003141
Listed by Voyage Real Estate LLC
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Schools
Schools serving 1203 W Zarragossa St
School District:Escambia County School District, Cantonment, FL
| Name | Grades | Distance |
|---|---|---|
Global Learning Academy 100 North P Street, Pensacola, FL 32505 | PK-5 | 0.9 mi |
J. H. Workman Middle School 6299 Lanier Drive, Pensacola, FL 32504 | 6-8 | 5.8 mi |
Pensacola High School 500 West Maxwell Street, Pensacola, FL 32501 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1203 W Zarragossa St
Date
Details
Price
Change
Source
7/31/2026
Listed
$775,000
222.92%
MLS
2/28/2025
Sold
$240,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1203 W Zarragossa St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$776
3%
$45,630
—
2024
$755
1298%
$45,630
93%
2023
$54
4%
$23,666
3%
2021
$52
-4%
$22,921
-3%
2022
$54
4%
$23,608
4%
2021
$52
6%
$22,605
4%
2017
$49
—
$21,685
2%
2016
$49
—
$21,239
2%
2016
$49
—
$20,803
-6%
2019
$49
—
$22,097
7%
2015
$49
9%
$20,659
1%
2014
$45
-4%
$20,496
1%
2013
$47
—
$20,194
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1203 W Zarragossa St
1203 W Zarragossa St, Pensacola, FL 32502 (MLS# 686805) is a Duplex property with 4 bedrooms and 4 full bathrooms. 1203 W Zarragossa St is currently listed for $775,000 and was received on July 31, 2026. Want to learn more about 1203 W Zarragossa St? Do you have questions about finding other Duplex real estate for sale in Pensacola? You can browse all Pensacola real estate or contact a Coldwell Banker agent to request more information.

