305 N Pace Blvd, Pensacola, FL, 32505
About This Home
Brand new construction duplex located just minutes from downtown Pensacola. This modern blue townhome features two spacious units, making it an ideal opportunity for both investors and owner-occupants. Unit A offers 1,324 sqft and Unit B features 1,242 sqft—both thoughtfully designed with 3 bedrooms and 2 bathrooms, providing functional layouts, open living spaces, and contemporary finishes throughout. One unit is already leased at $1,850/month, offering immediate income, while the second unit provides flexibility for additional rental income or owner occupancy. Built in 2025, this property delivers the benefits of new construction with minimal maintenance and strong long-term rental potential. Conveniently located near downtown, shopping, dining, and major roadways, this is a prime opportunity to own a cash-flowing asset in a growing area. 5 Mins From Downtown Pensacola. No HoA
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 2025
Materials
- Roof: Shingle
- Construction materials: Block,Brick,Concrete
Type & Style
- Home type: MultiFamily
- Property subType: Duplex
Interior
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating & Cooling
- Heating features: Multi Units
- Cooling features: Multi Units,Central Air
Interior Area
- Total structure area: 2,566
- Total interior livable area: 2,566 sqft
Property
Details
- Parcel number: 000s009060004145
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
Lot
- Features: Corner Lot
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
- 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 | $3,028 | $36,336 |
| Home Insurance * | $1,242 | $14,904 |
| Property Taxes | $314 | $3,768 |
| Electricity | $258 | $3,098 |
| Total | $4,842 | $58,104 |
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 |
|---|---|---|
| 2026-04-03 | Listing removed | $1,850 |
| 2026-03-30 | Listed for sale | $599,000 |
| 2026-03-05 | Price change | $1,850 |
| 2026-02-12 | Listed for rent | $1,950 |
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