~ Rare Listing with new Price Improvement! ~ Home is now vacant and ready for you to make Pensacola Beach your home! This private residential home offers a long list of amenities. No short term rental traffic at the Verandas! A highlight of this residence is each floor comes complete with a private foyer for each owner and only 2 homes per floor. Inside, classic colors and architectural columns • Open kitchen • Stainless steel appliances • Three bedrooms • Three and a half bathrooms • High ceilings • Spacious family rooms • Electric shades • Three separate balconies • Views of the water, sunrise, and sunset • Watch displays by the Blue Angels or catch a boat parade • Infinity Pool • Hot tub • Sauna • Gym • Pet playground • Take a kayak or paddleboard out in your backyard • Relax on your private beach • Personal indoor storage unit • Two assigned parking spaces • Gated entry • Dedicated groundskeeping and maintenance staff • Top walkability score with restaurants galore. A luxurious retreat amidst the breathtaking beauty of Pensacola Beach!
Property Details
Property Features
Property Information:
Architectural Style: Contemporary
Year Built: 2004
Stories: 1
Living Area: 2,114 SqFt
Listing Office:
Office Name: GRAND REALTY, INC.
Office Phone: (850) 512-1185
Listing Agent: Zachary Cooper
Interior Features
Interior Information:
Appliances: Electric Water Heater
Flooring Type: Tile, Carpet
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 3
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Waterfront: Bay, Waterfront, Natural Shoreline
View: Bay, Gulf, Water
Exterior: Balcony, Sauna
Parking Information:
Parking: 2 Space/Unit
Lot Features
Lot Information:
Lot Size: 1.25 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
School Info
Assigned Schools Information:
Pensacola High School, Public District Grades 9-12
Escambia Virtual Academy Franchise, Public District Grades 5-12
J. H. Workman Middle School, Public District Grades 6-8
A. K. Suter Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: From Scenic Hwy: Follow US-90 W and US-98 E to FL-399 S/Pensacola Beach Rd in Gulf Breeze. Take the exit toward Pensacola Bch/Ft Pickens from US-98 E Head south on US-90 W toward Manolete St Turn left onto N 17th Ave Slight left toward E Gregory St At the traffic circle, take the 2nd exit Continue straight onto E Gregory St Continue onto US-98 E/Pensacola Bay Bridge Continue to follow US-98 E Use the right 2 lanes to take the exit toward Pensacola Bch/Ft Pickens Follow FL-399 S/Pensacola Beach Rd to your destination in Pensacola Beach Continue onto FL-399 S/Pensacola Beach Rd Toll road Turn left Destination will be on the right
Price Information
Listing Price Info
Price Summary:
List Price: $1,249,000
Price Per SqFt: $591/SqFt
HOA Fees:
Amount: $20400
Frequency: Annually
Tax Information:
Annual Amount: $6,074
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Gulf Breeze, FL.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$8,001
Per Month
Principal & Interest
$6,234
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$1,700
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,811
Powered By
Advertisement
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.
Elementary School
8
/10
A. K. Suter Elementary School
501 Pickens Ave
Distance between this listing and this school6.79 miles
Public District Grades PK-5
Middle School
1
/10
J. H. Workman Middle School
6299 Lanier Dr
Distance between this listing and this school11.18 miles
Public District Grades 6-8
High School
4
/10
Pensacola High School
500 W Maxwell St
Distance between this listing and this school8.49 miles
Public District Grades 9-12
7
/10
Escambia Virtual Academy Franchise
30 E Texar Dr
Distance between this listing and this school9.10 miles
Public District Grades 5-12
Assigned Schools
8
/10
A. K. Suter Elementary School
501 Pickens Ave
Distance between this listing and this school6.79 miles
Public District Grades PK-5
Nearby Schools
9
/10
Pensacola Beach Charter School
900 Via De Luna Dr
Distance between this listing and this school1.70 miles
Public Charter Grades KG-5
9
/10
Gulf Breeze Elementary School
549 Gulf Breeze Pkwy
Distance between this listing and this school2.41 miles
Public District Grades PK-6
Assigned Schools
1
/10
J. H. Workman Middle School
6299 Lanier Dr
Distance between this listing and this school11.18 miles
Public District Grades 6-8
Nearby Schools
1
/10
Warrington Middle School
450 S Old Corry Field Rd
Distance between this listing and this school9.09 miles
Public District Grades 6-8
7
/10
Brown Barge Middle School
201 Hancock Ln
Distance between this listing and this school11.75 miles
Public Magnet Grades 3-8
Assigned Schools
4
/10
Pensacola High School
500 W Maxwell St
Distance between this listing and this school8.49 miles
Public District Grades 9-12
7
/10
Escambia Virtual Academy Franchise
30 E Texar Dr
Distance between this listing and this school9.10 miles
Public District Grades 5-12
Nearby Schools
8
/10
Gulf Breeze High School
675 Gulf Breeze Pkwy
Distance between this listing and this school2.21 miles
The neighbors living near this home have an average income of $105,769. The majority of Gulf Breeze, FL residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 721 Pensacola Beach Blvd Unit 502
What is the listing price of this property?
The listing price of 721 Pensacola Beach Blvd Unit 502 property is $1,249,000.
What type of property is this?
The property 721 Pensacola Beach Blvd Unit 502 is a condo located in Pensacola Beach, Florida, 32561.
Is this property for sale now?
Active Listing: 721 Pensacola Beach Blvd Unit 502 is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 721 Pensacola Beach Blvd Unit 502 are: A. K. Suter Elementary School: GreatSchools Rating 8/10J. H. Workman Middle School: GreatSchools Rating 1/10Pensacola High School: GreatSchools Rating 4/10Escambia Virtual Academy Franchise: GreatSchools Rating 7/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $6,074 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on May 23, 2019 for $710,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 721 Pensacola Beach Blvd Unit 502 has 3 bedrooms and 3 full and 1 half bathrooms.
What is the square footage of this property?
The property 721 Pensacola Beach Blvd Unit 502 is 2,114 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 721 Pensacola Beach Blvd Unit 502 is 2004.
This home is located at 721 Pensacola Beach Blvd Unit 502 in Pensacola Beach, FL and zip code 32561 in the Pensacola Beach neighborhood. This 2,114 square foot home, which was built in 2004, sits on a 1.25 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $1,249,000.
While more than 6 listings in Gulf Breeze, FL in September 2024 were sold above asking price, there were more than 12 listings sold at asking price, and more than 48 were sold below. In September 2024 in Gulf Breeze, FL there were 1.5% less homes for sale than in August 2024. In September 2024 median list price was $475,900 and the average listing age was 66 days.
From Rocket Homes Real Estate and based on county public records data.