See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

511 E Gadsden St, Pensacola, FL, 32501

4beds
4baths
2,875sqft
$995,000
$346price/sqft
$8,377/moest. monthly cost
$335,080/yrincome needed

About This Home

Set on a classic Old East Hill street just blocks from Downtown Pensacola, this new-construction home opens with full-width, two-story front porches, the kind of shaded, welcoming spaces that make coming home feel like an occasion. Behind the timeless facade are approximately 2,875 square feet of flexible living, including a four-bedroom main residence and a detached two-car garage with a complete one-bedroom apartment above. Inside, 10-foot ceilings and cove crown molding rise over an open great room centered on a gas fireplace. The space flows into an entertaining kitchen anchored by a generous island, deep apron-front sink, walk-in pantry, quartz countertops, custom cabinetry, and a 36-inch Café dual-fuel range. A covered back porch extends the gathering spaces outdoors and creates an easy connection to the detached garage. A main-level bedroom with an adjoining full bath adapts easily for overnight guests, a home office, or a quiet retreat. Upstairs, the primary suite features a tiled shower, double vanity, and walk-in closet, along with direct access to the full-width upper balcony, an inviting setting for morning coffee or evening breezes. Two additional bedrooms and conveniently located laundry complete the upper level. The apartment above the garage is a true standout. With its own bedroom, full bath, kitchen, and living space, it offers flexible possibilities for extended stays, independent living, working from home, or creative pursuits, all while preserving privacy from the main residence. Below, the two-car garage provides valuable enclosed parking and storage. Enjoy the architectural warmth and porch-centered lifestyle of Old East Hill with the comfort and ease of a newly built home. Downtown Pensacola’s restaurants, galleries, festivals, markets, entertainment, parks, sporting events, and nightlife are only blocks away. 511 E Gadsden pairs Old East Hill character with brand-new comfort in one exceptionally versatile property.

Getting Around

81
WalkingVery Walkable
31
TransitSome Transit
73
BikeVery Bikeable

Schools

2/10
Global Learning AcademyGrades PK-52.0 mi
4/10
4/10
Pensacola High SchoolGrades 9-121.3 mi

Construction

Condition

  • Property condition: Under Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Brick,Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Tankless Water Heater/Gas

Bedrooms & Bathrooms

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

Features

  • Window features: Double Pane Windows
  • Flooring: Tile,Carpet

Heating & Cooling

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

Interior Area

  • Total structure area: 2,875
  • Total interior livable area: 2,875 sqft

Kitchen

  • Level: First
  • Area: 178.5

Master Bedroom

  • Level: Second
  • Area: 285.6111

Property

Details

  • Parcel number: 000s009020009010
  • Zoning description: City,Res Single

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Porch
  • Exterior features: Balcony

Lot

  • Lot size: 4,791 sqft
  • Features: Corner Lot

Parking

  • Total spaces: 2
  • Parking features: 2 Car Garage,Side Entrance
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
    HurricaneRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Lightning
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 $5,031$60,372
Home Insurance *$2,535$30,420
Property Taxes $522$6,264
Electricity $289$3,472
Total$8,377$100,524
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$287,211/yr
40% on housing$251,310/yr
45% on housing$223,386/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

$346This listing

vs Other Active Listings

Avg $/sqft

ZIP 32501$216
Escambia County$204

vs Homes Sold Last Month

Median $/sqft

ZIP 32501$243
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)

Price History

DateEventPrice
2026-08-03Listed for sale$995,000
2023-08-01Listing removed--
2023-06-19Listed for sale$429,000
2018-06-18Sold$180,000
2018-03-01Sold$180,000
2009-01-29Listing removed$175,000
2009-01-04Listed for sale$175,000

New Construction

AgentJon Shell
BrokerageLevin Rinke Realty

Similar Homes