3 months on rocket

701 Port Royal Way Unit 701, Pensacola, FL, 32502

$742,500

Home List Price

$8,817*

Closing Credit

2 Bedrooms
2 Full Baths
1,268 SqFt
$586/SqFt
Condo

Location

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701 Port Royal Way Unit 701, Pensacola$742,500

Buyer Closing Credits

$8,817*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCarport
Year Built1984
HeatingHeat Pump
CoolingCentral Air, Ceiling Fan(s)
ViewBay
MLS #647041
StatusActive

About 701 Port Royal Way Unit 701

Location, Location, Location... This penthouse has it all. Sitting on Pensacola Bay with views of the Marina, downtown and just a couple of blocks to all that the Historic Downtown District offers. This stunning 2 Bedroom 2 Bath suite has upgraded features such as the Serengeti Teak Hardwood floors that run throughout the living space of the home, lovely White Quartz counter-tops in the kitchen and the Zebra Wood that waterfalls from the breakfast bar. Both bathrooms are graciously updated with Quartz and Granite counters, vessel sinks and tiled showers with glass doors. All this and you can catch a Wahoos ball game from one of the 2 balconies. It doesnt get better than these penthouse views.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1984
  • Living Area: 1,268 SqFt

Listing Office:

  • Office Name: NEXTHOME CORNERSTONE REALTY
  • Office Phone: (850) 389-8787
  • Listing Agent: Jolene Anderson

Interior Features

Interior Information:

  • Appliances: Electric Water Heater, Wine Cooler
  • Flooring Type: Hardwood
  • Interior: Elevator, Vaulted Ceiling(s), Office/Study

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Bay
  • Exterior: Balcony

Parking Information:

  • Parking: Carport

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From E Garden Street, turn South onto Palafox Pl. Continue until Main street and turn Right onto W Main, then left to Port Royal Way.

Price Information

Listing Price Info

Price Summary:

  • List Price: $742,500
  • Price Per SqFt: $586/SqFt

HOA Fees:

  • Amount: $13163
  • Frequency: Annually
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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

701 Port Royal Way Unit 701 vs Pensacola

110 DAYS ON ROCKET

+48 Days

$742,500

+$455.9K More

$586/SqFt

+$408 More

KEY TAKEAWAY

This property is $455.9K more than the Median Sold Price and $408/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: #647041

Listing Office:

  • Office Name: NEXTHOME CORNERSTONE REALTY
  • Office Phone: (850) 389-8787
  • Listing Agent: Jolene Anderson

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

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,869

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,293

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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-728227
1
/10

  • Global Learning Academy

  • 100 N P St

  • 1.76 miles

  • Public District Grades PK-5

school-card-donut-728228
7
/10

  • N. B. Cook Elementary School

  • 1310 N 12th Ave

  • 1.83 miles

  • Public Magnet Grades PK-5

school-card-donut-728229
8
/10

  • Suter Elementary School

  • 501 Pickens Ave

  • 2.48 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 $31,167. Most Pensacola, FL residents have annual incomes less than $35k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 701 Port Royal Way Unit 701

What is the listing price of this property?

The listing price of 701 Port Royal Way Unit 701 property is $742,500.

What type of property is this?

The property 701 Port Royal Way Unit 701 is a condo located in Pensacola, Florida, 32502.

Is this property for sale now?

Active Listing: 701 Port Royal Way Unit 701 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 701 Port Royal Way Unit 701 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 701 Port Royal Way Unit 701 is 1,268 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 701 Port Royal Way Unit 701 is 1984.

Rocket Homes›Florida›Escambia County›Pensacola›32502›701 Port Royal Way Unit 701

This home is located at 701 Port Royal Way Unit 701 in Pensacola, FL and zip code 32502 in the Downtown Pensacola neighborhood. This 1,268 square foot home was built in 1984. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $742,500.

In October 2024 more than 36 listings in Pensacola, FL were sold above the asking price. During the same period more than 85 listings were sold at asking price, while more than 163 were sold below. The number of homes for sale in Pensacola, FL increased by 4.3% between September 2024 and October 2024. In October 2024, listings were on the market for 62 days. During the same period, the median list price in this real estate market was $286,592.

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

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