3 months on rocket

400 N Palafox St, Pensacola, FL, 32501

$1,200,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
2,361 SqFt
$508/SqFt
House

Location

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400 N Palafox St, Pensacola$1,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking2 Car Garage
Attached Garage2 spaces
Year Built2020
HeatingMulti Units, Central
CoolingMulti Unit(s), Central Air, Ceiling Fan(s)
MLS #642187
Lot Size0.06 Acres
StatusActive

About 400 N Palafox St

Welcome to urban living at its finest! This downtown double residence presents a rare opportunity to indulge in the vibrant energy of city life while enjoying the comforts of home. Nestled within close proximity to downtown shopping, restaurants, and entertainment venues, this property epitomizes convenience and accessibility. With two separate living spaces spanning two floors, each equipped with its own kitchen and laundry room, this residence offers unparalleled flexibility and functionality. Whether youre seeking a multi-generational living arrangement, rental income potential, or simply desire the convenience of having separate living quarters, this home effortlessly accommodates your lifestyle needs. Both floors feature two bedrooms, providing plenty of space for relaxation and privacy. The inclusion of an elevator ensures ease of access between floors, making daily living a breeze for residents of all ages and abilities. (The bunkroom does not have a closet, but makes up the 4th bedroom) Step outside to the second floor and discover your own private oasis—a captivating outdoor living space awaits, complete with a luxurious hot tub. Whether youre unwinding after a long day or entertaining guests under the starlit sky, this serene retreat is sure to become your favorite sanctuary. Storage is never in short supply with this home, as it boasts plenty of storage space throughout, including an oversized garage that offers additional room for organization and convenience. Embrace the urban lifestyle youve always dreamed of in this exceptional downtown residence. With its prime location, versatile layout, and array of amenities, this property offers a rare opportunity to live life to the fullest in the heart of the city. Dont miss your chance to make this urban retreat your own—schedule a showing today! Buyer to verify all measurements and information.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2020
  • Stories: 2
  • Living Area: 2,361 SqFt

Listing Office:

  • Office Name: Levin Rinke Realty
  • Office Phone: (850) 916-5050
  • Listing Agent: Katy Collins

Interior Features

Interior Information:

  • Appliances: Gas Water Heater, Microwave, Refrigerator, Oven
  • Flooring Type: Tile
  • Interior: Ceiling Fan(s), Elevator, Recessed Lighting

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Balcony, Outdoor Kitchen

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: 2 Car Garage

Virtual/3D Tour

  • 3D Tour: 400 N Palafox St
3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Multi Units, Central
  • Cooling: Multi Unit(s), Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: From Cervantes, turn south onto Palafox Street. Head South on Palafox. Home is at the corner of Palafox and Belmont.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000
  • Price Per SqFt: $508/SqFt

HOA Fees:

  • Amount: $150
  • Frequency: Annually

Tax Information:

  • Annual Amount: $4,496
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Pensacola, FL.

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Pensacola, FL

City

Med. Sold Price

$286.5K

Med. Price/SqFt

$177

Avg. Days On Market

62

# of Sold Homes

314

400 N Palafox St vs Pensacola

110 DAYS ON ROCKET

+48 Days

$1,200,000

+$913.4K More

$508/SqFt

+$330 More

KEY TAKEAWAY

This property is $913.4K more than the Median Sold Price and $330/SqFt more than other homes in Pensacola, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Pensacola MLS
  • MLS Number: #642187

Listing Office:

  • Office Name: Levin Rinke Realty
  • Office Phone: (850) 916-5050
  • Listing Agent: Katy Collins

Copyright © 2024 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/18/2024, 12:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 08, 2021Home Sold
$161,825
Aug 17, 2021Home Sold
$163,000
Aug 02, 2021Home Sold
$159,900
Jul 15, 2021Home Sold
$149,900
Feb 12, 2020Home Sold
$144,900
Jun 14, 2019Home Sold
$157,400
Oct 08, 2018Home Sold
$175,000
Jan 09, 2017Home Sold
$700,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,496$266,640
2019$6,789$281,195
2018$12,635$385,232

History based on county public records data.

Payment Calculator

$6,069

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-718234
7
/10

  • N. B. Cook Elementary School

  • 1310 N 12th Ave

  • 1.12 miles

  • Public Magnet Grades PK-5

school-card-donut-718235
1
/10

  • Global Learning Academy

  • 100 N P St

  • 1.62 miles

  • Public District Grades PK-5

school-card-donut-718236
8
/10

  • Suter Elementary School

  • 501 Pickens Ave

  • 2.09 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,017. The majority of Pensacola, FL residents have income less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 400 N Palafox St

What is the listing price of this property?

The listing price of 400 N Palafox St property is $1,200,000.

What type of property is this?

The property 400 N Palafox St is a house located in Pensacola, Florida, 32501.

Is this property for sale now?

Active Listing: 400 N Palafox St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,496 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 8, 2021 for $161,825. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 400 N Palafox St has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 400 N Palafox St is 2,361 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 400 N Palafox St is 2020.

Rocket Homes›Florida›Escambia County›Pensacola›32501›400 N Palafox St

This home is located at 400 N Palafox St in Pensacola, FL and zip code 32501 in the Downtown Pensacola neighborhood. This 2,361 square foot home, which was built in 2020, sits on a 0.06 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $1,200,000.

Over 36 listings were sold over their listed price in October 2024 in Pensacola, FL. In the same period over 163 listings were sold below the listed price and 85 listings were sold for the listed price. Between September 2024 and October 2024, Pensacola, FL real estate market has seen increase in the number of listings by 4.3%. Listings spent 62 days on the market in October 2024, and had a median list price of $286,592 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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