850 S Palafox St, Pensacola

Listing Courtesy of Mark Downey MARK DOWNEY & ASSOCIATES, INC.

Exquisite 3rd-floor loft with breathtaking views of Palafox Pier & Marina, located next to Jaco’s and overlooking Pensacola Bay in the heart of Downtown Pensacola. This truly unique urban loft offers direct elevator entry and is waterfront on both sides, providing stunning views of the marina and the Port of Pensacola while placing you in the center of everything Downtown Pensacola has to offer. Perfect as a weekend retreat, an extended stay, or a lucrative rental property, with short-term rentals permitted. Finding a waterfront condo or home in this prime location is incredibly rare, making this an exclusive opportunity. Only a handful of units like this exist, and with nearby residences priced around $2,000,000, this is one of the best-value opportunities available. 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 office use. Fully renovated in 2023-2024 by the owner, who is also the Broker of Record, over $100,000 has been invested in modernizing the space into a masterpiece. The loft includes a front balcony, an accessible rear balcony with stunning Port and Bay views, in-unit washer/dryer hookups, and a fully equipped kitchen with appliances that convey. With a full-price offer, the owner may also include dishes, cutlery, and front chairs. The seller is a licensed real estate broker in Florida and Alabama.