Alabama - Florida Real Estate Search
Pensacola Homes for Sale between $450,000 to $500,000

Pensacola Homes for Sale between $450,000 to $500,000

This website features the best Pensacola real estate search for homes for sale between $450,000 to $500,000 available. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®'s database every 15 minutes.

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.

Curious about what's happening in the Pensacola area? You can view a custom market report to see what's active, under contract, and sold in Pensacola!

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Get in Touch if you are curious about Pensacola Real Estate for Sale between $450,000 to $500,000!

Pensacola Homes for Sale Between $450,000 to $500,000

$474,900
3 Beds 3 Baths 685996 MLS
Welcome to 720 S N Street, where modern construction, thoughtful upgrades, and a prime location come together to offer the best of downtown living. Built in 2018, this move-in-ready home combines the peace of mind of newer construction with the charm of a welcoming front porch and a low-maintenance lifestyle. Inside, you'll find nearly 1,900 square feet of beautifully maintained living space featuring hardwood flooring, plantation shutters, abundant natural light, and an open-concept floor plan designed for both everyday living and entertaining. The spacious kitchen is equipped with granite countertops, stainless steel appliances, a gas range, and generous cabinetry, flowing seamlessly into the main living and dining areas. The first-floor primary suite offers a private retreat with a beautifully appointed en-suite bath and oversized walk-in closet, while two additional bedrooms upstairs provide flexibility for family, guests, or a home office. Step outside to enjoy covered front and rear porches, professionally landscaped grounds, and a fully fenced backyard—perfect for relaxing, entertaining, or letting pets play. Additional features include a whole-home water filtration system, ample off-street parking, and the energy efficiency and insurance advantages that come with newer construction. Located just minutes from Downtown Pensacola, Blue Wahoos Stadium, local restaurants, shopping, and the waterfront, this home offers exceptional convenience without sacrificing comfort. If you've been searching for a newer home close to downtown without the maintenance concerns of an older property, this is one you won't want to miss.

720 S N St, Pensacola

$479,000
4 Beds 3 Baths 685432 MLS
MAJOR PRICE IMPROVEMENT—NOW OFFERED AT $479,000! Discover an exceptional East Hill short-term rental and investment opportunity featuring a beautifully maintained main residence plus a fully furnished, detached guest cottage. Located minutes from Downtown Pensacola, Pensacola Bay, restaurants, breweries, parks, and area beaches, this versatile property offers 4 bedrooms, 3 full bathrooms, and 2,029 square feet of total living space. The main home combines timeless character with modern updates, including hardwood floors, crown molding, exposed-brick accents, a cozy gas fireplace, and an updated kitchen with granite countertops and stainless-steel appliances. A spacious rear deck and fenced backyard provide an inviting setting for relaxing or entertaining. The detached, self-contained guest cottage is the property’s standout feature and creates serious short-term rental income potential. Use the property as a primary residence while hosting guests in the cottage, explore multiple rental configurations, or accommodate extended family—all without an HOA. Rental use remains subject to applicable local regulations, and buyers should independently verify projected income and permitted uses. Additional improvements include new roofs on all structures in 2020, a tankless water heater installed in 2024, an outdoor HVAC unit replaced in 2020, and an indoor air handler installed in 2015. At its newly reduced price of $479,000, this distinctive East Hill property delivers the location, flexibility, and income-producing possibilities investors and homeowners are searching for. Schedule your private showing today!

1519 E Avery St, Pensacola

$475,000
3 Beds 2 Baths 685329 MLS San Anton BLDG.
Experience the best of coastal living from this stunning fifth-floor residence in San Anton at Lost Key Golf & Beach Club, ideally located in the heart of Perdido Key. Just minutes from the sugar-white beaches of the Gulf Coast, this exceptional community offers convenient access to downtown Pensacola, Naval Air Station Pensacola, and the shopping, dining, and entertainment of Orange Beach, making it the perfect location for a primary residence, second home, or investment property. Designed with both comfort and elegance in mind, this beautifully appointed condominium features soaring 10-foot ceilings, upgraded cabinetry, designer lighting, premium kitchen and bath fixtures, and stylish ceiling fans throughout. One of the most desirable floor plans in the building, the spacious open-concept layout seamlessly connects the living room, dining area, and gourmet kitchen, creating an ideal space for entertaining or simply relaxing after a day on the beach. The kitchen is beautifully finished with premium granite countertops, abundant cabinetry, generous workspace, and a convenient breakfast bar. Expansive sliding glass doors lead to the oversized screened balcony, where you'll enjoy breathtaking views of the Arnold Palmer-designed championship golf course, Ole River, and the Intracoastal Waterway. Accessible from both the living room and the primary suite, this outdoor living space is the perfect place to enjoy morning coffee or spectacular sunsets. The spacious primary suite serves as a private retreat, featuring direct balcony access, a large walk-in closet, split dual vanities, a relaxing garden tub, and a separate walk-in shower. Lost Key Golf & Beach Club is one of Perdido Key's premier gated resort communities, offering an unmatched coastal lifestyle. Residents enjoy access to an impressive collection of amenities, including an 18-hole Arnold Palmer championship golf course, clubhouse, golf shop, fitness center, resort-style community pool, and tennis courts.

645 Lost Key Dr Unit #503D, Pensacola

$460,000
2 Beds 2 Baths 685107 MLS Scenic Terrace BLDG.
Experience elevated condominium living in this impeccably maintained two-bedroom, two-bath residence featuring soaring 9½-foot ceilings, elegant crown molding, and an open, light-filled floor plan designed for both everyday comfort and effortless entertaining. The spacious living and dining areas flow seamlessly onto an impressive 27-foot private balcony, creating the perfect setting to enjoy morning coffee, evening cocktails, or beautiful Pensacola sunsets. The generous primary suite serves as a peaceful retreat with direct balcony access, allowing you to step outside and unwind in your own private outdoor living space. Constructed with enduring concrete construction, this exceptional residence is designed for lasting quality and peace of mind. A diesel-powered emergency generator supplies designated interior outlets during power outages, while impact-rated windows and doors provide outstanding storm protection, energy efficiency, and sound insulation. The result is a home that is remarkably quiet, secure, and built to withstand the elements. The residence also conveys with two deeded side-by-side parking spaces in the secured underground garage, along with generous additional storage including a large storage cage, storage box, and dedicated bicycle storage. Residents enjoy an exceptional collection of resort-style amenities, including lush tropical landscaping, a sparkling swimming pool, a fully equipped fitness center with sauna and steam room, an elegant owners' lounge with a full kitchen overlooking the pool, professional on-site management, and secure access throughout the building. Ideally located with convenient access to Downtown Pensacola, Pensacola Beach, shopping, dining, and medical facilities, this residence offers an exceptional combination of luxury, quality construction, and carefree coastal living.

1700 Scenic Hwy Unit #202, Pensacola

$469,900
1 Beds 2 Baths 391308 MLS
WESTSIDE, GROUND FLOOR, END UNIT UP FOR GRABS at Pescador Landing Condos, where each owner has an assigned slip. Pescador Landing is a newly built (2022) riverside condo tucked off the main road and has only 12 units in total. With this quaint environment, owners and renters enjoy a relaxing and friendly atmosphere. It is standard to see guests on the community deck enjoying each other’s company and the scenery until the sun sets and the stars come out. This amazing new building isn’t short on interior design or comfort, either. These spacious one-bedroom units have two full baths and a massive kitchen with plenty of room to entertain or prepare a full-course meal. Unit A1 is a ground-floor unit with a private patio overlooking Old River and Ono Island. The end units have three additional windows providing a panoramic view of the water. This unit is on the west side/best side, so you can expect to see the most amazing sunsets! The condo is being sold furnished and is turnkey. Pescador Landing has no rental restrictions, making these condos a great investment property. One of the most unique features of Pescador Landing is the designated boat slips. Each owner is assigned a slip for their sole use. The assigned boat slip for A1 is on the east side, the last one before the end of the pier. The slips also have power and water at each one, making the cleanup of your boat a breeze after a day’s outing. Pescador Landing is within walking distance of the famous Florabama complex and is close to one of the public beach accesses, shopping, and many other restaurants. Buyer to verify all information during due diligence.

17290 Perdido Key Dr Unit A1, Pensacola

$485,000
2 Beds 2 Baths 684266 MLS
Welcome to downtown Pensacola living at its best! This beautifully updated 1910 cottage seamlessly blends historic character with modern convenience, offering a rare opportunity just moments from the heart of the city. Thoughtfully renovated while preserving its timeless charm, the home features inviting living spaces, updated finishes, and the kind of warmth and personality that only a historic home can provide. It also comes fully furnished as a turnkey, income producing rental! Perfectly positioned just blocks from Community Maritime Park and the Blue Wahoos Stadium, you'll love being able to walk to waterfront events, local restaurants, coffee shops, galleries, and all that vibrant downtown Pensacola has to offer. The surrounding area continues to see exciting growth and revitalization, making this location one of the city's most desirable. Whether you're looking for a full-time residence, weekend getaway, or an income-producing investment, this property checks every box. It has a proven history as a successful short-term rental, maintaining a 4.96-star rating on Airbnb from over 142 reviews! Opportunities like this are hard to find—a move-in-ready historic cottage in an unbeatable downtown location with established rental performance and exceptional long-term potential. Come experience the best of Pensacola right outside your front door. *Please do not walk around property without prior approval as it is still actively being rented.

208 S Devillers St, Pensacola

Start Your Search

© Baldwin County Association of Realtors, Inc. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on .