About This Home

This 4-bedroom, 4-bathroom multi-family at 1203 W Zarragossa St in Pensacola, FL is listed for $775,000 ($356 per sqft). Built in 2026, the home offers 2,180 sqft of living space on a N/A lot.

Key Features

  • Built in 2026
  • 2 stories

Property Details

2 stories
4 full
2026

Amenities

A/C
Listing Description

Two luxury residences. One architecturally distinctive property. A rare new-construction opportunity in Downtown Pensacola. Currently under construction, this high-end duplex offers approximately 2,180 square feet total, each unit comprising 2 bedrooms and 2 bathrooms, plus dedicated rear parking for both.

Designed to stand apart from conventional multifamily construction, this property pairs distinctive contemporary architecture with premium finishes inside and out. The two-residence configuration offers exceptional flexibility: occupy one residence and rent the other, or operate both as an income-producing asset.

With no HOA, the owner has the freedom to choose. A single building also delivers meaningful efficiencies over owning and maintaining two separate properties: one envelope, one roof, and consolidated maintenance and rental-management logistics. Both residences feature thoughtfully selected high-end materials, contemporary kitchens with sleek cabine

try and quartz countertops, luxury flooring, modern bathrooms, dedicated laundry, and refined architectural details throughout. The exterior makes an equally strong statement. A signature arched facade, expansive second-floor terraces with glass railings, stucco exterior, and modern flat-roof profile give the property an architectural identity rarely found in traditional duplex construction.

Developable land in Downtown Pensacola is limited, making new construction capable of accommodating two residences especially compelling for both owner-occupants and investors. Anticipated completion November 2026.

Monthly Cost Estimate

$4,145/mo

20% down · 6.5% · 30 years

Principal$560
Interest$3,358
Insurance$226

Estimates only. Actual payments may vary.

Location

1203 W Zarragossa St

Pensacola, FL 32502

Maxent Tract

Features & Amenities

Interior Features

BaseboardsCeiling Fan(s)High CeilingsHigh Speed InternetRecessed Lighting

Exterior Features

Balcony

Property Details

Flooring

Tile

Construction

Frame

Outdoor Features

Porch

Heating

Central

Cooling

Central AirCeiling Fan(s)

Appliances

Electric Water HeaterDishwasherRefrigerator

Questions & Answers

This 4-bedroom, 4-bathroom multi-family at 1203 W Zarragossa St is listed at $775,000 ($356/sqft). The estimated monthly payment is $4,145 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2026, 2 stories. Interior Features: Baseboards, Ceiling Fan(s), High Ceilings. Exterior Features: Balcony.

This property is listed by John Ellis.

JE

John Ellis

Agent at Voyage Real Estate

Listed by Voyage Real Estate · Broker phone: (850) 393-3574 · View on Broker Site · Broker website

MLS# 686805· Source: Pensacola Association of REALTORS· 92 days on PropertySimple

Copyright © 2026 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1203 W Zarragossa St, Pensacola, FL 32502

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