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33431732
33431740

1750 N Palafox St, Pensacola, FL 32501

CF
AL 000114503-0
Matthews
Matthews
Listed by Matthews
Unpriced
2 days on market
Updated 2 days ago

THE PALAFOX

Details
Property Type Multifamily
Sub Type Apartment Building, Development
Square Footage 23,198
Units 41
NOI $836,400
Tenancy Vacant
Stories 4
Investment Type Redevelopment

Multifamily Development | 41 Units

Marketing description

Pensacola, Florida is a coastal Gulf Coast city known for its strong military presence, stable tourism economy, and appealing quality of life. Anchored by Naval Air Station Pensacola, the area benefits from consistent federal employment and a steady influx of personnel and visitors tied to defense operations and training programs. The city's population growth has remained modest but steady, supported by in-migration from retirees and remote workers seeking a lower cost of living relative to larger Florida metros. Household incomes in the region reflect a balanced mix of military, healthcare, education, and service-sector employment, contributing to a dependable economic base.

Beyond its institutional anchors, Pensacola offers a diverse mix of cultural, recreational, and commercial amenities that enhance its long-term attractiveness. The historic downtown district, white-sand beaches, and expanding healthcare and education sectors continue to draw both residents and tourists. Infrastructure investments and regional connectivity, including proximity to Interstate 10 and access to Pensacola International Airport, support economic activity and mobility. As Northwest Florida continues to gain attention for affordability and lifestyle appeal, Pensacola is well-positioned to benefit from sustained residential demand and incremental commercial growth.

Listing Contacts

CF
AL 000114503-0
Matthews
Matthews
Listed by Matthews

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$836,400.00
$69,700.00/mo

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Additional Information

Name
Kyle Matthews
License
BK3554632, CQ1066435 (FL)
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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