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706 Ariola Dr, Pensacola Beach, FL, 32561

5beds
4baths
3,185sqft
$4,000,000
$1,256price/sqft
$33,046/moest. monthly cost
$1,321,840/yrincome needed

About This Home

Sand and Light Beach House - Set directly on the sugar-white sands of Pensacola Beach, 706 Ariola offers a rare opportunity to own a luxury Gulf-front retreat that seamlessly blends elevated coastal living with compelling investment potential. This exceptional beachfront residence features 3,185 square feet of thoughtfully designed living space plus an additional 484 square feet of bonus space. Designed for effortless entertaining, the home features a dramatic chef’s kitchen anchored by a 15-foot waterfall-edge island, expansive open-concept living spaces, breathtaking Gulf views, a beautiful electric fireplace with customizable LED lighting and heat settings, and multiple indoor and outdoor gathering areas. Additional highlights include an owner’s garage, private direct beach access, and elevator-ready construction for future convenience. A transferable DEP-approved private pool permit with plans already in place creates meaningful value and future upside. As an established luxury vacation rental, the property generated $170,623 in gross revenue in 2024 and $189,436 in 2025, with current professional management identifying significant upside through enhanced marketing and amenity optimization.

Getting Around

10
WalkingCar-Dependent
0
TransitVery Limited Transit
45
BikeSomewhat Bikeable

Schools

7/10
4/10
4/10
Pensacola High SchoolGrades 9-129.4 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1997

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Hip
  • Construction materials: Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Water Heater,Dryer,Washer,Dishwasher,Disposal,Microwave,Refrigerator,Self Cleaning Oven
  • Laundry features: Inside,W/D Hookups

Bedroom

  • Level: Second
  • Area: 195

Bedroom1

  • Level: Second
  • Area: 169

Bedroom2

  • Level: 4
  • Area: 154

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Storage,Bookcases,Cathedral Ceiling(s),Ceiling Fan(s),High Ceilings,High Speed Internet,Wet Bar
  • Window features: Blinds
  • Flooring: Marble

Heating & Cooling

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

Interior Area

  • Total structure area: 3,185
  • Total interior livable area: 3,185 sqft

Master Bedroom

  • Level: Third
  • Area: 240

Property

Details

  • Parcel number: 282s262150012002
  • On leased land: Yes
  • Lease amount: 162.5
  • Zoning description: Res Single

Features

  • Levels: Three Or More
  • Stories: 3
  • Pool features: None
  • Patio & porch: Covered,Deck,Porch
  • Exterior features: Balcony,Barbecue
  • Has view: Yes
  • View description: Gulf,Water
  • Has water view: Yes
  • Water view: Gulf, Water
  • On waterfront: Yes
  • Waterfront features: Gulf,Waterfront,Beach Access,Beach
  • Frontage length: Water Frontage(100)

Lot

  • Lot size: 0.30 Acres
  • Features: Central Access
  • Lot size dimensions: 100' x 130'

Parking

  • Total spaces: 4
  • Parking features: 2 Car Garage,Garage Door Opener
  • 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
    HurricaneVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
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 $20,226$242,712
Home Insurance *$9,073$108,876
Property Taxes $3,427$41,124
Electricity $320$3,846
Total$33,046$396,552
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,133,005/yr
40% on housing$991,380/yr
45% on housing$881,226/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

$1,256This listing

vs Other Active Listings

Avg $/sqft

ZIP 32561$549
Escambia County$202

vs Homes Sold Last Month

Median $/sqft

ZIP 32561$443
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
2026-05-22Listed for sale$4,000,000
2018-08-31Sold$1,100,000
2018-04-30Listed for sale$1,100,000

For Sale by Agent

AgentJoseph Billingsly
BrokeragePARADISE COASTAL REALTY, INC.

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