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    186 N Palafox Street Pensacola, FL 32502

    Sponsored
    Source: https://www.saltercompany.com
    For Lease
    $300 /Mo ($18 SF/Yr)

    Historic Downtown Pensacola Office Space

    Lot size:
    200 SF

    Description

    Added:
    Mar 13, 2025
    Days on Market:
    300
    This exceptional 200-square-foot executive office suite is located in a beautifully restored Old Florida theater building in the heart of downtown Pensacola, Florida. Part of the Phoenix Prowork Executive Office Suites, this space offers a full-service lease, including access to a fully equipped kitchen, coffee bar with espresso machine, and two conference rooms. High-speed WiFi is also included. The suite is situated on Palafox Street, providing convenient access to I-110 and a vibrant downtown area with numerous breweries, shops, restaurants, and other businesses. The building features a lovely courtyard and offers on-site parking, a significant advantage in this desirable location. Security is enhanced with video surveillance and key fob access. A reception desk is available for lease to tenants within the office suite complex. This is one of 25 executive suites available in this prestigious location. The building's prime location offers unparalleled convenience and accessibility.

    Property Features for 186 N Palafox Street

    General Information

    Property type
    Coworking space
    Lease Type
    Full Service
    RSF (Rentable sq. ft)
    200 SF
    USF (Usable sq. ft)
    200 SF
    Class
    C
    Elevators
    N/A
    Total Rate
    300

    Building Details

    Buildings
    1
    Stories
    2

    HighLights

    • Prime downtown Pensacola location, steps from I‑110 and local amenities.
    • 200 sq ft full‑service suite includes access to shared kitchen, coffee bar, and conference rooms.
    • Secure building with video surveillance, key fob access, and on‑site parking.
    Location Intelligence

    Current Use by Public Records

    Data Analyzers Data ... Computer Service TwoCan Design House Marketing Agency blue CPM - Commercial ... Property Management Company SVN SouthLand Commercial ... Commercial Real Estate Agency Captevrix Marketing Agency

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Law Firm Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    State
    Florida
    Longitude
    -87.295729
    Latitude
    30.460709

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    FAQs

    What type of property is this?
    Coworking space - Historic Downtown Pensacola Office Space
    Where is this coworking space located?
    The property is located at 186 N Palafox Street Pensacola, FL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: Prime downtown Pensacola location, steps from I-110 and local amenities.; 200 sq ft full-service suite includes access to shared kitchen, coffee bar, and conference rooms.; Secure building with video surveillance, key fob access, and on-site parking.
    (850) 434-7500
    Request Owner's contact information
    186 N Palafox Street Pensacola, FL 32502
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    186 N Palafox Street Pensacola, FL 32502
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