About This Home

This 3-bedroom, 3-bathroom single family at 721 W Zarragossa St in Pensacola, FL is listed for $449,000 ($369 per sqft). Built in 2018, the home offers 1,216 sqft of living space on a 0.07 acres lot.

Key Features

  • Built in 2018
  • 0.07 acre lot
  • 2 stories
  • 2 parking spaces

Property Details

2 stories
3 full
2 spaces
2018

Amenities

ViewA/C
Listing Description

Perfectly positioned in one of downtown Pensacola's most desirable locations, this exceptional property sits directly across from Joe Patti's Seafood and is just a short stroll to Sanders Beach, Maritime Park, Blue Wahoos Stadium, and the vibrant shops, restaurants, and nightlife of Palafox Street.

Everything that makes downtown Pensacola special is right outside your door! Thoughtfully designed for both everyday living and exceptional rental potential, this home features three spacious bedrooms, each with its own private en-suite bathroom, offering comfort and privacy for family, guests, or vacation renters.

The light-filled open-concept living space showcases granite countertops, premium appliances, and an effortless flow to multiple outdoor decks-perfect for entertaining, relaxing with your morning coffee, or enjoying fireworks after a Blue Wahoos game.

A rare detached garage adds valuable storage and convenience, while the seller has already invested in professionally designed plans for an accessory dwelling unit (ADU) above the garage. This presents an incredible opportunity for future guest quarters, a private home office, or an additional income-producing rental.

The property's proven rental history makes it an outstanding investment opportunity. Previously operated as a successful short-term vacation rental and currently leased through the end of August, it offers immediate income with the flexibility to continue renting or make it your own afterward.

With an acceptable offer, the home conveys fully furnished-including all appliances-creating a truly turnkey opportunity for investors, second-home buyers, or anyone looking to experience the best of downtown Pensacola living. Opportunities like this are rare. Whether you're searching for a high-performing investment, a lock-and-leave coastal retreat, or a beautiful primary residence in the of heart downtown, 721 W Zaragoza Street delivers location, lifestyle, and limitless potential. Schedule a showing today!

Monthly Cost Estimate

$2,401/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,946
Insurance$131

Estimates only. Actual payments may vary.

Location

721 W Zarragossa St

Pensacola, FL 32503

Features & Amenities

Exterior Features

BalconyIrrigation Well

Property Details

Construction

Frame

Views

Water

Parking

Garage

Heating

Heat Pump (Heating)

Cooling

Ceiling Fan(s)Heat Pump

Appliances

Tankless Water Heater/GasBuilt In MicrowaveDishwasher

Questions & Answers

This 3-bedroom, 3-bathroom single family at 721 W Zarragossa St is listed at $449,000 ($369/sqft). The estimated monthly payment is $2,401 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2018, 0.07 acre lot, 2 stories, 2 parking spaces. Exterior Features: Balcony, Irrigation Well.

This property is listed by Archie Warren and can be reached at 8509829290.

AW

Archie Warren

Agent at Southern Realty Gulf Coast LLC

(850) 982-9290

Listed by Southern Realty Gulf Coast LLC · View on Broker Site

MLS# 686149· Source: listhub· 1 day on market

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.

721 W Zarragossa St, Pensacola, FL 32503

Open this listing in: