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1 Port Royal Way #1 & 3, Pensacola, FL, 32502

4beds
4baths
4,894sqft
$2,645,900
$541price/sqft
$16,292/moest. monthly cost
$651,680/yrincome needed

About This Home

In the heart of Downtown Pensacola with sweeping views of Pensacola Bay! WATERFRONT LUXURY combined with the PERFECT LOCATION and unparalleled VIEWS of the Pensacola Bay are what make this impressive corner unit at Port Royal unique and one of a kind. Downtown living at its finest with access to shops, restaurants and Wahoo Stadium all within walking distance. This double unit has been completely renovated while maintaining its original charm with custom finishes and imported materials. The kitchen is a chef's dream with state of the art appliances, quartz countertops, gas range, center island and custom cabinetry. There is an additional catering kitchen that contains double ovens, dishwasher, and a full sized Sub-Zero refrigerator making this home perfect for entertaining guests. Conveniently situated between both kitchens is the formal dining room with an impressive refrigerated wine cellar with custom teak doors accessing the lanai. Off the kitchen is the grand living area with cathedral ceilings, floor to ceiling windows with breathtaking views of the Pensacola Bay and access to the lanai. The foyer is grand with custom metal railing and intricate glass French doors opening to a bonus room featuring a wet bar, ice maker, wine fridge, entertainment cabinet and even a secret door leading to a private safe. Down the hall is a powder bathroom & laundry room leading to a full bathroom and guest suite. The Master bedroom suite is located on its own private level with beautiful wood floors, balcony & custom two story closet that you have to see to believe! The Master bathroom is a sanctuary with separate vanities, dressing area, garden tub, private water closet and one of a kind marble shower with skylights overlooking the Bay. The next level features two additional guest bedrooms with full bathroom, and a bonus space accessed by a spiral staircase with stunning water views. This amazing home is complete with a spacious 3 car garage & community pool! Paradise Awaits!!

Getting Around

45
WalkingCar-Dependent
33
TransitSome Transit
59
BikeBikeable

Schools

1/10
Global Learning AcademyGrades PK-51.9 mi
4/10
4/10
Pensacola High SchoolGrades 9-122.3 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1984

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Clay Tiles/Slate
  • Construction materials: Frame

Type & Style

  • Home type: Townhouse
  • Architectural style: Spanish
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Electric Water Heater,Built In Microwave,Dishwasher,Disposal,Refrigerator
  • Laundry features: Inside,W/D Hookups

Bedroom

  • Level: Third
  • Area: 273

Bedroom1

  • Level: 4
  • Area: 252

Bedroom2

  • Level: 5
  • Area: 154

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Dining Room

  • Level: Second
  • Area: 204

Features

  • Bookcases,Cathedral Ceiling(s),Crown Molding,Vaulted Ceiling(s)
  • Door features: Storm Door(s)
  • Window features: Storm Window(s),Blinds
  • Flooring: Travertine,Laminate,Simulated Wood

Heating & Cooling

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

Interior Area

  • Total structure area: 4,894
  • Total interior livable area: 4,894 sqft

Kitchen

  • Level: Second
  • Area: 77

Living Room

  • Level: Second
  • Area: 493.5

Master Bedroom

  • Level: 4
  • Area: 195.75

Office

  • Level: Third
  • Area: 210

Property

Details

  • Parcel number: 000s009200001001
  • Attached to another structure: Yes
  • On leased land: Yes
  • Zoning description: City,Deed Restrictions

Features

  • Levels: 4 to 7 Story
  • Pool features: None,Community
  • Patio & porch: Deck,Patio
  • Exterior features: Balcony
  • Has view: Yes
  • View description: Bay,Water
  • Has water view: Yes
  • Water view: Bay, Water
  • On waterfront: Yes
  • Waterfront features: Bay,Intracoastal Waterway,Waterfront,Natural,Rip Rap,Waterfront Deed Access
  • Frontage length: Water Frontage(217)

Lot

  • Lot size: 4.07 Acres
  • Features: Cul-De-Sac,Interior Lot

Parking

  • Total spaces: 6
  • Parking features: 3 Car Garage,Front Entrance,Guest,Oversized,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Lightning
    LightningRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Inland Flooding
Tsunami

FEMA Declared Disasters in Escambia County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $13,379$160,548
Home Insurance *$1,032$12,384
Property Taxes $1,389$16,668
Electricity $492$5,910
Total$16,292$195,504
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$558,582/yr
40% on housing$488,760/yr
45% on housing$434,453/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.1%
14.1%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.1%
3.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$541This listing

vs Other Active Listings

Avg $/sqft

ZIP 32502$281
Escambia County$204

vs Homes Sold Last Month

Median $/sqft

ZIP 32502$238
Escambia County$168

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-10-11Listed for sale$2,650,000
2024-09-20Listing removed$3,095,000
2024-08-21Price change$3,195,000
2024-07-16Listed for sale$3,295,000
2024-07-02Listing removed--
2024-07-01Price change$3,295,000
2024-01-31Price change$3,950,000
2023-11-17Pending sale$3,650,000
2023-08-05Price change$3,650,000
2023-05-06Listed for sale$3,500,000
2023-02-01Listing removed--
2023-01-31Listed for sale$3,150,000

For Sale by Agent

AgentAmber Green
BrokerageBerkshire Hathaway Home Services PenFed Realty

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