17 W Cervantes St, Pensacola, FL, 32501
About This Home
Let your imagination breathe new life into this historic Queen Anne property located just steps from downtown and the vibrant energy of Palafox Street. Originally built in 1906 and rich in architectural detail from a bygone era, this remarkable 4,076-square-foot building was thoughtfully envisioned as a boutique bed-and-breakfast and has already undergone significant improvements. Major updates include a new roof, completed foundation work, fully updated electrical systems throughout, upstairs insulation, and partially installed drywall, providing an excellent head start for the next owner. An additional 1,000 square feet of walk-in attic space, complete with staircase access, offers even more possibilities. With its generous floor plan and prime location, the property lends itself to a variety of uses, including a charming bed-and-breakfast, grand private residence, mixed-use development, professional offices, or multiple rental units. Historic character, substantial improvements, and exceptional potential combine to create a truly unique opportunity in one of Pensacola’s most desirable areas. This property may qualify for Historic Preservation Tax Incentives. Come experience the possibilities for yourself.
Getting Around
Somewhat Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1906
Materials
- Foundation: Off Grade
- Roof: Composition
- Construction materials: Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Victorian
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Water Heater
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Features
- Storage,Bookcases
- Door features: Insulated Doors
- Flooring: Hardwood
- Fireplace features: Two or More
- Fireplace: Yes
Heating & Cooling
- Heating features: Heat Pump,Central
- Cooling features: Central Air
Interior Area
- Total structure area: 4,076
- Total interior livable area: 4,076 sqft
Kitchen
- Level: First
Living Room
- Level: First
Property
Details
- Parcel number: 000s009010050032
- Zoning description: Commercial,Historical,Mixed Residential Subdiv
- Special condition: Standard
Features
- Levels: Three Or More
- Stories: 3
- Pool features: None
- Patio & porch: Porch
Lot
- Lot size: 0.30 Acres
- Features: Central Access,Historic District
Parking
- Parking features: Guest
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
- Lightning
- Inland Flooding
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Escambia County and Florida
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,224 | $26,688 |
| Home Insurance * | $1,121 | $13,452 |
| Property Taxes | $600 | $7,200 |
| Electricity | $410 | $4,922 |
| Total | $4,355 | $52,260 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-18 | Price change | $440,000 |
| 2026-06-22 | Price change | $460,000 |
| 2026-06-03 | Listed for sale | $495,000 |
| 2025-10-01 | Sold | $330,000 |
| 2025-09-30 | Pending sale | $379,000 |
| 2025-09-19 | Contingent | $379,000 |
| 2025-08-22 | Price change | $379,000 |
| 2025-06-21 | Listed for sale | $399,000 |
| 2024-12-19 | Sold | $325,000 |
| 2024-11-22 | Contingent | $350,000 |
| 2024-11-15 | Price change | $350,000 |
| 2024-10-08 | Listed for sale | $399,000 |
| 2024-09-12 | Contingent | $399,000 |
| 2024-09-05 | Price change | $399,000 |
| 2024-07-25 | Listed for sale | $435,000 |
| 2024-07-19 | Contingent | $435,000 |
| 2024-07-05 | Price change | $435,000 |
| 2024-06-06 | Listed for sale | $479,000 |
| 2024-05-27 | Contingent | $479,000 |
| 2024-04-02 | Price change | $479,000 |
| 2024-02-01 | Listed for sale | $499,000 |
| 2023-04-04 | Listing removed | -- |
| 2022-10-26 | Contingent | $569,000 |
| 2021-08-26 | Listed for sale | $569,000 |
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