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511 Palomar Dr, Pensacola, FL, 32507

$365,000

Home List Price

$4,334*

Closing Credit

3 Bedrooms
2 Full Baths
2,106 SqFt
$173/SqFt
House

Location

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511 Palomar Dr, Pensacola$365,000

Buyer Closing Credits

$4,334*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Front Entrance
Year Built1940
HeatingCentral, Fireplace(s)
CoolingCentral Air, Ceiling Fan(s)
WaterfrontNatural Shoreline
ViewBay, Bayou, Water
MLS #651670
Lot Size0.19 Acres
StatusAccepting Backup Offers
(Contingent)

About 511 Palomar Dr

WATER VIEW FROM THE FRONT STEPS OF THIS COASTAL COTTAGE LOCATED ACROSS FROM DAVENPORT BAYOU. This 1940s home is loaded with the quality and charm of a bygone era. Hardwood floors, original solid doors with glass knobs and hardware, wide decorative baseboards and moldings, tongue and groove wood paneling. Light grey painted walls and white painted woodwork consistent throughout. Wood Burning Fireplace with antique sconces. Kitchen and baths have been updated over the years. The ample sized eat in kitchen with peninsula and butlers pantry offers a gas burner Jenn Air Downdraft Range, updated cabinets with glass door fronts, solid surface countertops with double sink, stainless steel appliances and pantry. Laundry off of the kitchen includes the washer and dryer. Laundry/mudroom also serves as the side entry off of the driveway and patio for easy access when unloading groceries and outdoor entertaining. 2021 ROOF!!! Newer windows with hurricane protection! 3 Bedrooms, 2 Baths, PLUS office/study totaling 2106 square feet. Paver patio and private partially fences back yard. Large, detached workshop on slab in back yard with spray foam insulation and electrical updates that could be finished for separate guest house or potential rental income. Quiet dead-end street with a neighborhood park with playground and waterfront access. Great proximity to NAS, shopping and downtown. Clear WDO report in 2022. Electrical and plumbing updates believed to have been done around 2010 and 2019. Tankless gas hot water heater around 2010 and HVAC 2013. This home is in great condition and ready for its new owner. Schedule a showing to view this Coastal Cottage today!

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Year Built: 1940
  • Stories: 1
  • Living Area: 2,106 SqFt

Listing Office:

  • Office Name: Emerald Coast Realty Pros
  • Office Email: kimemeraldcoast@gmail.com
  • Listing Agent: Chris Reid

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Refrigerator, Oven
  • Flooring Type: Hardwood, Tile
  • Interior: Baseboards, Ceiling Fan(s), Crown Molding, High Speed Internet, Office/Study

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Natural Shoreline
  • View: Bay, Bayou, Water
  • Exterior: Rain Gutters

Parking Information:

  • Parking: Driveway, Front Entrance

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Central, Fireplace(s)
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: Pensacola Country Club, Davenport Bayou area. South on Navy Blvd left on Interbay (just before Bridge going to NAS) left on Palomar house on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $365,000
  • Price Per SqFt: $173/SqFt

Tax Information:

  • Annual Amount: $449
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$286.5K

Med. Price/SqFt

$177

Avg. Days On Market

62

# of Sold Homes

314

511 Palomar Dr vs Pensacola

77 DAYS ON ROCKET

+15 Days

$365,000

+$78.4K More

$173/SqFt

-$5 Less

KEY TAKEAWAY

This property is $78.4K more than the Median Sold Price and $5/SqFt less 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: #651670

Listing Office:

  • Office Name: Emerald Coast Realty Pros
  • Office Email: kimemeraldcoast@gmail.com
  • Listing Agent: Chris Reid

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, 4:20:54 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

Mar 02, 2021Home Sold
$236,000
Sep 21, 2001Home Sold
$114,900

Tax History

YEARPROP. TAXASSESSMENT
2020$449$79,943
2019$453$78,146
2018$459$76,689

History based on county public records data.

Payment Calculator

$1,889

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,161

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NMLS#3030

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-768834
1
/10
  • Warrington Elementary School

  • 220 N Navy Blvd

  • 0.96 miles

  • Public District Grades PK-5

school-card-donut-768835
5
/10
  • Navy Point Elementary School

  • 1321 Patton Dr

  • 1.28 miles

  • Public District Grades PK-5

school-card-donut-768836
3
/10
  • West Pensacola Elementary School

  • 801 N 49th Ave

  • 3.03 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,717. The majority of Pensacola, FL residents have income between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 511 Palomar Dr

What is the listing price of this property?

The listing price of 511 Palomar Dr property is $365,000.

What type of property is this?

The property 511 Palomar Dr is a house located in Pensacola, Florida, 32507.

Is this property for sale now?

Accepting Backup Offers: 511 Palomar Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $449 (source: MLS/based on county public records data).

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

The last sale was on March 2, 2021 for $236,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 511 Palomar Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 511 Palomar Dr is 2,106 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 511 Palomar Dr is 1940.

Rocket Homes›Florida›Escambia County›Pensacola›32507›511 Palomar Dr

This home is located at 511 Palomar Dr in Pensacola, FL and zip code 32507 in the Warrington neighborhood. This 2,106 square foot home, which was built in 1940, sits on a 0.19 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 02, 2024 and is currently priced at $365,000.

In October 2024, from all listings sold in Pensacola, FL there were more than 36 sold above asking price, over 163 sold below and more than 85 were sold right at the asked price. The number of listings in Pensacola, FL increased by 4.3% between September 2024 and October 2024. The median list price of listings available in October 2024 was $286,592, while the average time on the real estate market was 62 days.

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

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