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About This Home

This 4-bedroom, 3-bathroom single family at 612 S 1st St in Pensacola, FL is listed for $480,000 ($178 per sqft). Built in 1983, the home offers 2,700 sqft of living space on a 0.04 acres lot.

Agent Description

Spacious 4 bedroom WATERFRONT TOWNHOME with LARGE ASSIGNED BOATSLIP with DEEP WATER ACCESS at the front gate of NAS in Gated Community of Spinnaker Cove just 10 minutes to downtown Pensacola and Perdido Key. 4 bedrooms with 2.5 bathrooms, this home boasts 2,700 sq feet of living space with a tandem garage that you can pull through with garage doors on both sides.

Waterfront living with this square footage with a deeded boatslip at this price per square foot is a rarity. This property has a LOW RATE ASSUMABLE VA LOAN to qualified buyers and also has $25 power bills. YES, that is correct - this home has NEW PAID FOR SOLAR PANELS THAT COST OVER $67,000.

Installation of 31 400w Solar Panels, Net Metering Main Service Panel, and Enphase Microinverter in 2023. ALL NEW HEATING AND COOLING SYSTEMS COSTING OVER $23,000 - TWO 2023 2 ton 19 seer Gree HVAC Units for 2nd and 3rd floor of home - 2 Zone High Efficiency Mini-Split System to add AC to the entire bottom floor.

This home has upgrades galore! This townhome was renovated in 2021 with brand new kitchen and appliances (new Samsung refrigerator 2024). Washer and Dryer (2021 Samsung) are included. The main living space is perfect for entertaining guests with an open concept of the kitchen, living, and dining area, and balcony with views of Bayou grande and your boat slip with power and water (you can install a lift if you so choose).

The wood burning fireplace makes for cozy evenings. Luxury vinyl plank flooring in the living and wet areas and carpet in the bedrooms on the 3rd floor. New 4th bedroom and office area on the bottom floor that is heated and cooled recently added in 2024.

All bedrooms on the third floor have their own private balconies. LOW HOA fees make this property a no brainer for those looking for the waterfront lifestyle at a low cost. This prime location offers easy BOATING & FISHING access to the Gulf of Mexico being only a 15 minute ride to the Pensacola Pass. Buyer to verify all information.

Key Features

  • Built in 1983
  • 0.04 acre lot
  • 3 stories
  • 2 parking spaces
  • Fireplace
  • Waterfront

Property Details

3 stories
2 full, 1 half
2 spaces
#24
1983

Amenities

SolarFireplaceWaterfrontViewA/CRV Parking

Monthly Cost Estimate

$4,529/mo

20% down · 6.5% · 30 years

Principal$347
Interest$2,080
Insurance$140
HOA$1,962

Estimates only. Actual payments may vary.

Location

612 S 1st St

Pensacola, FL 32507

Spinnaker Cove

Features & Amenities

Exterior Features

BalconyDockBoat SlipBoat Slip Utilities

Property Details

Construction

Frame

Views

Water

Pool Features

PatioDeck

Parking

GuestOpenParking LotRVGarageBoat

Heating

Fireplace(s)Central

Cooling

Multi UnitsCeiling Fan(s)ENERGY STAR Qualified EquipmentCentral Air

Appliances

Electric Water HeaterDryerWasherBuilt In MicrowaveDishwasherRefrigeratorSelf Cleaning OvenENERGY STAR Qualified Washer

Questions & Answers

This 4-bedroom, 3-bathroom single family at 612 S 1st St is listed at $480,000 ($178/sqft). The estimated monthly payment is $4,042 based on 20% down at 6.5% interest.

HOA fees are $1962/month.

Key features include: Built in 1983, 0.04 acre lot, 3 stories, 2 parking spaces, Fireplace, Waterfront. Exterior Features: Balcony, Dock, Boat Slip.

This property is listed by Sadie O'gara and can be reached at (850) 916-5050 or sadie@lostkeygroup.com.

SO

Sadie O'gara

Agent at Levin Rinke Realty

(850) 916-5050

Listed by Levin Rinke Realty · View on Broker Site

MLS# 681756· Source: listhub· Updated 33 days ago

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.

612 S 1st St, Pensacola, FL 32507

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