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$795,000
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Property Description
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.
Full Property Details
Full Property Details for 850 S Palafox St #C
General
- Price: $795,000
- HOA FEE: $6,278
- Status: Active
- Type: Condo
- Source: Pensacola
- MLS ID: 633202
- Updated: 10/21/2025
- Added to Site: 859 day(s) ago
Interior
- Interior Features: High Ceilings, Recessed Lighting, Office/Study
- Appliances: Electric Water Heater, Built In Microwave, Dishwasher, Refrigerator
- Flooring: Tile, Travertine
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Primary Bathroom: Granite Counters, Shower Only
Bedrooms
- Total Bedrooms: 1
- Primary Bedroom: Walk-In Closet(s)
Other Rooms
- Kitchen: Updated, Granite Counters, Pantry, 8 x 10, First Level, 80 Sq. Ft.
- Dining Room: Breakfast Bar, Living/Dining Combo
- Laundry: Inside
Exterior
- Exterior Features: Balcony, Dock
Parking
- Total Spaces: 4
- Parking Features: Guest, Parking Lot, On Street
Location
- County: Escambia - Fl
- Subdivision: Palafox Pier & Yacht Harbour
- Building Name: Palafox Pier & Yacht Harbour
- Driving Directions: SOUTH on Palafox - across from the marina, just before Jaco's Restaurant ** Palafox Pier
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: Frame, Steel
- Roof: Metal
- Square Feet: 1,250
- Year Built: 2003
- Property Condition: Resale
Lot Features
- Property View: Bay, Water
- Lot Size (Acres): 0.5
- Road Maintenance: Public Maintained Road
- Lot Features: Interior Lot
- Zoning: Commercial
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Bay, Waterfront, Pier
Financial Considerations
- Price Per Sq. Ft.: $636
- Association Fee: $6,278
Disclosures and Reports
- Property ID: 000S009125000003
Listed by Mark Downey & Associates, Inc.
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Schools
Schools serving 850 S Palafox St #C
School District:Escambia County School District, Cantonment, FL
| Name | Grades | Distance |
|---|---|---|
Global Learning Academy 100 North P Street, Pensacola, FL 32505 | PK-5 | 2 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 | 2.3 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 850 S Palafox St #C
Date
Details
Price
Change
Source
1/28/2025
Price Reduced
$795,000
-6.47%
MLS
10/20/2024
Price Reduced
$850,000
-5.03%
MLS
8/20/2024
Price Reduced
$895,000
-2.72%
MLS
7/15/2024
Price Reduced
$920,000
-0.54%
MLS
5/15/2024
Price Reduced
$925,000
-5.13%
MLS
3/14/2024
Price Reduced
$975,000
-1.02%
MLS
9/12/2023
Listed
$985,000
31.33%
MLS
1/25/2023
Sold
$750,000
—
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 850 S Palafox St #C
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,326
18%
$621,000
23%
2023
$8,775
19%
$505,494
20%
2021
$7,404
-6%
$422,280
-8%
2022
$7,850
6%
$459,540
10%
2021
$7,404
47%
$416,070
26%
2019
$5,025
-4%
$329,130
-2%
2018
$5,220
65%
$335,340
92%
2017
$3,169
-1%
$174,850
—
2016
$3,212
1%
$174,850
2%
2015
$3,182
5%
$171,000
2%
2014
$3,031
-1%
$167,827
4%
2013
$3,072
—
$161,206
—
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 850 S Palafox St #C
850 S Palafox St #C, Pensacola, FL 32502 (MLS# 633202) is a Condo property with 1 bedroom and 1 full bathroom. 850 S Palafox St #C is currently listed for $795,000 and was received on September 12, 2023. Want to learn more about 850 S Palafox St #C? 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.

