301 S Reus St
Pensacola, FL 32502
$690,000
*TURN KEY AND MOVE IN-READY WITH AN ASSUMABLE LOAN AT 4.9%.* Downtown corner lot zoned C-2 with option to live where you work! Discover an exceptional alternative to high-fee condominium living in the heart of downtown Pensacola. This meticulously maintained New Orleans-style residence/commercial property sits on a desirable corner lot just one block from Maritime Park and Blue Wahoos Stadium, and only two blocks from the vibrant downtown core and acclaimed Palafox Street. Built in 2023, the home offers modern construction and true low-maintenance living. The open-concept floor plan features high ceilings, luxury vinyl plank flooring, granite countertops, gas range, plantation shutters and a decorative stairwell. The primary suite includes a tray ceiling, generous closets, and an en-suite bath with a spacious walk-in shower and double vanity. Two private balconies—one off the living room and one from the primary bedroom—invite you to enjoy the city atmosphere and bay breeze. Additional features includes parking pad for two vehicles along with plenty of additional street parking for your guests, a tankless water heater, Hardi siding, low-maintenance Trex decking, and a fully fenced backyard with a beautiful paved patio. Whether you’re seeking a refined primary residence, a seasonal retreat, or a strong short-term rental investment, this thoughtfully designed home delivers comfort, quality and unmatched convenience—all without the restrictions and unpredictable costs of condo living. Enjoy all of downtown’s dining, entertainment, and waterfront amenities that are just a short stroll away.
| Listing ID: | 687698 |
|---|---|
| List Price: | $724,900 |
| Close Price: | $690,000 |
| Close Date: | 2026-10-02 |
| Property Type: | Residential |
| Property Sub Type: | Single Family Residence |
| Status: | Closed |
| Bedrooms Total: | 3 |
| Bathrooms Full: | 2 |
| Bathrooms Half: | 1 |
| Living Area: | 1,840 |
| Lot Size Square Feet: | 3,641.616 |
| Lot Size Acres: | 0.0836 |
| Architectural Style: | Contemporary, Creole |
| Waterfront?: | No |
| City: | Pensacola |
| County Or Parish: | Escambia - Fl |
| Subdivision Name: | Old City Tract |
| Postal Code: | 32502 |
| Year Built: | 2023 |
| Appliances: | Tankless Water Heater/Gas, Built In Microwave, Dishwasher, Disposal |
| Cooling: | Heat Pump, Ceiling Fan(s) |
| Flooring: | Tile, Carpet |
| Heating: | Heat Pump |
| Interior Features: | Storage, Baseboards, Ceiling Fan(s), High Ceilings, High Speed Internet |
| Lot Features: | Corner Lot |
| Parking Features: | 2 Space/Unit, Guest |
| Pool Features: | None |
| Sewer: | Public Sewer |
| State Or Province: | FL |
| Water Source: | Public |
| Association Fee Frequency: | Annually |
| Bathrooms Total Integer: | 3 |
| Building Area Total: | 1,840 |
| Heating?: | Yes |
| Levels: | Two |
| Living Area Units: | Square Feet |
| Lot Size Area: | 0.0836 |
| Parcel Number: | 000S009070166037 |
| Property Condition: | Resale |
| Road Responsibility: | Public Maintained Road |
| Roof: | Shingle |
| Security Features: | Smoke Detector(s) |
| Utilities: | Cable Available |
| Window Features: | Double Pane Windows, Storm Window(s), Blinds |
| Construction Materials: | Frame |
| Cooling?: | Yes |
| Directions: | Main Street. At Maritime Park, turn North on Reus. Home is located one block on left. |
| Door Features: | Storm Door(s) |
| Elementary School: | Global Learning Academy |
| High School: | Pensacola |
| Leasable Area Units: | Square Feet |
| Middle Or Junior School: | WORKMAN |
| Original List Price: | $724,900 |
| Buyer Financing: | VA |
| Foundation Details: | Slab |
| Green Energy Efficient: | Insulation |
| Possession: | Close Of Escrow |
| Stories: | 2 |
| Basement: | false |
| Building Area Units: | Square Feet |
| Electric: | Circuit Breakers |
| List Price Low: | $690,000 |
| Lot Size Units: | Acres |
| Homestead: | Yes |
| Rent Restrictions: | No |
| Sale Subject To Lease: | No |
| Price Per Sqft: | 375 |
| Sale/Rent: | For Sale |
| Room Bathroom Features: | Not Updated |
| Room Dining Room Area: | 144 |
| Room Dining Room Features: | Breakfast Bar, Eat-in Kitchen, Formal Dining Room |
| Room Dining Room Length: | 12 |
| Room Dining Room Level: | First |
| Room Dining Room Width: | 12 |
| Room Kitchen Features: | Not Updated, Granite Counters, Pantry |
| Room Living Room Area: | 400 |
| Room Living Room Length: | 20 |
| Room Living Room Level: | First |
| Room Living Room Width: | 20 |
| Room Master Bedroom Area: | 192 |
| Room Master Bedroom Length: | 12 |
| Room Master Bedroom Level: | Second |
| Room Master Bedroom Width: | 16 |
| Zoning Description: | City, Res Single |
Listing Courtesy of: Levin Rinke Realty
Listing Agent: Louise Myslak
louisem@levinrinkerealty.com
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The data on this website relating to real estate for sale comes in part from the IDX Program of the Pensacola Association of REALTORS®.
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© 2026 Pensacola Association of REALTORS®.
Pensacola Association of REALTORS® data last updated on October 08, 2026 06:29 PM - ET.
Property Last Updated: October 08, 2026 06:29 PM - ET
