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$699,000
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Property Description
Welcome to 701 Port Royal Way, a stunning 2-bedroom, 2-bathroom Penthouse unit located in the highly sought-after, gated Port Royal neighborhood in downtown Pensacola. This beautifully remodeled condo offers luxury living with high-end finishes and breathtaking views. Step inside to find an open-concept layout featuring rich teak hardwood floors throughout. The modern kitchen has been fully renovated with sleek stainless steel appliances, quartz countertops, and custom cabinetry-perfect for cooking and entertaining. Both bathrooms have also been thoughtfully updated with stylish fixtures and finishes, creating spa-like retreats. As a resident of Port Royal, you'll enjoy exclusive access to a variety of amenities, including a refreshing pool, a fully equipped fitness center, and a spacious community room ideal for gatherings and events. Located just steps from vibrant Palafox Street, you'll be immersed in downtown Pensacola's best dining, nightlife, and boutique shopping. Sports fans will love the easy walk to Pensacola Bayfront Stadium-home of the Blue Wahoos-for exciting baseball games and waterfront views. Music lovers can even catch the sounds of live concerts from the nearby Hunter Amphitheater, right from the comfort of your own home. With its unbeatable location, upscale features, and unmatched views, this penthouse at 701 Port Royal Way offers the perfect blend of luxury, convenience, and downtown energy. Don't miss your chance to make it yours!
Full Property Details
Full Property Details for 701 Port Royal Way #701
General
- Price: $699,000
- HOA FEE: $18,175
- Status: Active
- Type: Condo
- Source: Pensacola
- MLS ID: 662811
- Updated: 11/9/2025
- Added to Site: 276 day(s) ago
Interior
- Appliances: Electric Water Heater
- Flooring: Hardwood, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
- Bedroom 1: 10 x 12, First Level, 120 Sq. Ft.
Other Rooms
- Living Room: 16 x 12, First Level, 192 Sq. Ft.
- Kitchen: Not Updated
- Dining Room: Formal Dining Room
Additional Information
- Pool Description: In Ground
Parking
- Parking Features: 1 Space/Unit
Location
- County: Escambia - Fl
- Subdivision: Port Royal
- Building Name: Port Royal
- Driving Directions: from main st turn left on port royal Way, go through gate and drive down to condos. tunr right into the parking lot.
School Information
- Elementary School: Global Learning Academy
- Middle School: WORKMAN
- High School: Pensacola
Community
- Association: Yes
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Contemporary
- Construction: Concrete
- Roof: Clay Tiles/Slate, Flat
- Stories/Levels: 1
- Square Feet: 1,268
- Year Built: 1984
- Property Condition: Resale
Lot Features
- Property View: Bay, Water
- Lot Size (Acres): 4.07
- Road Maintenance: Public Maintained Road
- Zoning: City, Res Multi
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Bay, Waterfront, Natural
Financial Considerations
- Price Per Sq. Ft.: $551.26
- Association Fee: $18,175
Disclosures and Reports
- Restrictions: Yes
- Property ID: 000S009200701004
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Schools
Schools serving 701 Port Royal Way #701
School District:Escambia County School District, Cantonment, FL
| Name | Grades | Distance |
|---|---|---|
Global Learning Academy 100 North P Street, Pensacola, FL 32505 | PK-5 | 1.8 mi |
J. H. Workman Middle School 6299 Lanier Drive, Pensacola, FL 32504 | 6-8 | 5.7 mi |
Pensacola High School 500 West Maxwell Street, Pensacola, FL 32501 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 701 Port Royal Way #701
Date
Details
Price
Change
Source
11/09/2025
Price Increased
$699,000
7.7%
MLS
4/17/2025
Listed
$649,000
—
MLS
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 701 Port Royal Way #701
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,613
—
$306,856
10%
2024
$4,613
3%
$278,960
5%
2023
$4,492
-8%
$266,280
-5%
2021
$4,868
10%
$278,960
7%
2022
$4,419
-9%
$259,940
-2%
2021
$4,868
8%
$266,280
2%
2019
$4,508
84%
$259,940
44%
2018
$2,455
1%
$180,325
2%
2017
$2,436
1%
$176,617
2%
2016
$2,407
-1%
$172,985
1%
2015
$2,421
4%
$171,783
1%
2014
$2,329
-3%
$170,420
1%
2013
$2,413
—
$167,902
—
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 701 Port Royal Way #701
701 Port Royal Way #701, Pensacola, FL 32502 (MLS# 662811) is a Condo property with 2 bedrooms and 2 full bathrooms. 701 Port Royal Way #701 is currently listed for $699,000 and was received on April 17, 2025. Want to learn more about 701 Port Royal Way #701? Do you have questions about finding other Condo real estate for sale in Pensacola? You can browse all Pensacola real estate or contact a Coldwell Banker agent to request more information.

