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Historic Downtown Development Site
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101 Palafox Pl, Pensacola, FL 32502

Pay-and-park lot accompanies the historic Downtown Post Office and supports a residential redevelopment concept.

Property SizeContact for details
Days on Market144

Property Features for 101 Palafox Pl

General Information

Standard status Active
Property subtype Special Purpose
Listing Agency: Bay City Realty
Listed By: Mehdi Moeini, CCIM, CPM, MiCP · License #Florida BK3464565
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 4:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bay City Realty

Investment Insights

Based on property information with market context.

Located at 101 Palafox Pl in Pensacola, the property includes a historic Downtown Post Office and a pay-and-park lot positioned behind the building. The site is identified as commercial land and presents a redevelopment concept involving extensive remodeling above and around the existing post office.

The stated development plan contemplates adding more than 100 residential units over the parking area, with additional residences potentially integrated into the building. The concept calls for new floor plans that retain the character of the historic brick structure while introducing updated residential space. The property is situated on Palafox Street in downtown Pensacola.

Key Highlights

  • Historic Downtown Post Office at 101 Palafox Pl, Pensacola
  • Pay‑and‑park parking lot located behind the post office
  • Redevelopment concept provides for more than 100 residential units

Property Analytics

Current Use

Re Vera Services ... Training Center Gulf Coast iT Tech Support Center FrameWorks Software Solutions (Bike/Boat/Book/etc) Store Thoth Calvert design Hardware & Home Improvement Hebert Software Corporate Office

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Pharmacy Daycare Center Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,934
Businesses Nearby

Demographics for 32502, FL

4,277
Population
2,582
Households
1.7
Avg Household Size
46
Median Age
36%
College-Educated
92%
High-School Grad
2.7 sq mi
ZIP Area
1,584
Density / Sq Mi
$67,548
Median Household Income
$41,011
Median Earnings
$1,313
Median Rent
$229,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Pay-and-park lot accompanies the historic Downtown Post Office and supports a residential redevelopment concept.
Where is this commercial land located?
The property is located at 101 Palafox Pl Pensacola, FL.
What are key features of this property?
This property features: Historic Downtown Post Office at 101 Palafox Pl, Pensacola; Pay‑and‑park parking lot located behind the post office; Redevelopment concept provides for more than 100 residential units
(850) 380-0877 Call to check price and availability
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