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902 Bayou Blvd, Pensacola, FL, 32503

2beds
2baths
920sqft
$494,500
$538price/sqft
$4,616/moest. monthly cost
$184,640/yrincome needed

About This Home

Premier opportunity for both investors and those seeking a perfect second home, or those down-sizing who still want a fantastic location with spectacular waterview all the way down Bayou Texar. The property directly across the street is owned by the city so you have stunning, unobstructed waterviews and the luxury of a waterfront lifestyle, all within a thoughtfully and lovingly renovated one-of-a-kind cottage. The home is designed to maximize "big living in small spaces." Construction: rebuilt from foundation to roof according to 2008 codes, Concrete Block Walls on 1st floor, Foam insulation, Go Bolt system with new footings, new electrical & plumbing, metal roof, new deck with trek material, high ceilings and numerous windows that highlight the vibrant waterway. Key features include a double-sided heat and glo gas fireplace serving both the living room and the second-floor balcony and surround sound speakers making entertaining easy inside and outside. Two bedrooms and a full bathroom conveniently located on the ground floor. The bathroom is a standout feature, offering a luxuriously sized soaking tub and the added amenity of a large, private outdoor shower, which is directly accessible from inside the bathroom, providing a kayak storage above. Complementing the bottom floor living space, there's a dedicated office/craft area perfect for work or creative pursuits, along with a practical laundry room for added convenience. While the upstairs is perfectly suited for entertaining, it also includes a spacious loft with a custom built aluminum ladder and window that comfortably accommodates two queen beds. Outside golf cart covered parking below deck with lighting and pre-wired electrical for RV. Located off the beaten path in the quiet waterfront section of Bayou Texar, yet highly convenient, this property provides easy access to the international airport, award-winning downtown, white sandy beaches, and the Cordova Corridor’s large medical park, shopping and dining.

Getting Around

47
WalkingCar-Dependent
0
TransitNo Nearby Transit
48
BikeSomewhat Bikeable

Schools

7/10
4/10
3/10

Construction

Condition

  • Property condition: Resale
  • Year built: 2005

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Block

Type & Style

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

Interior

Appliances

  • Appliances included: Tankless Water Heater/Gas,Dryer,Washer,Dishwasher,Disposal
  • Laundry features: Inside

Bedroom

  • Level: First
  • Area: 100

Bedrooms & Bathrooms

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

Features

  • Storage,Bookcases,Cathedral Ceiling(s)
  • Window features: Double Pane Windows
  • Flooring: Hardwood,Concrete
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Fireplace(s)
  • Cooling features: Central Air

Interior Area

  • Total structure area: 920
  • Total interior livable area: 920 sqft

Kitchen

  • Level: Second
  • Area: 220

Living Room

  • Level: Second
  • Area: 180

Master Bedroom

  • Level: First
  • Area: 100

Property

Details

  • Parcel number: 052s295905270059
  • Zoning description: City

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Covered,Deck,Patio
  • Exterior features: Balcony
  • Has view: Yes
  • View description: Bayou,Water
  • Has water view: Yes
  • Water view: Bayou, Water

Lot

  • Lot size: 1,524 sqft
  • Features: Central Access,Sprinkler

Parking

  • Parking features: Driveway,Golf Cart Garage
  • Has uncovered spaces: Yes

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
  • Lightning
    LightningRelatively High
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
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 $2,500$30,000
Home Insurance *$1,268$15,216
Property Taxes $651$7,812
Electricity $197$2,366
Total$4,616$55,392
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$158,262/yr
40% on housing$138,480/yr
45% on housing$123,093/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

$538This listing

vs Other Active Listings

Avg $/sqft

ZIP 32503$179
Escambia County$204

vs Homes Sold Last Month

Median $/sqft

ZIP 32503$187
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
2026-05-06Price change$575,000
2026-03-24Listed for sale$650,000
2003-07-15Sold$99,700
1998-02-23Sold$67,900

For Sale by Agent

AgentRachael Whibbs
BrokerageLevin Rinke Realty

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