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    1206 N Palafox St Pensacola, FL 32501

    Source: https://www.saltercompany.com
    For Lease
    $4,995 /Mo ($18 SF/Yr)

    Downtown Pensacola office, 3270 SF, 17 parking spaces.

    Lot size:
    3,270 SF

    Description

    Added:
    Mar 17, 2025
    Days on Market:
    266
    This exceptional 3,270 square foot office building, located at 1206 N Palafox St, Pensacola, FL 32501, presents a fantastic leasing opportunity. Situated on a prominent street, this property offers convenient access to downtown Pensacola and Interstate 110, ensuring easy commutes for employees and clients. The building boasts a classic brick exterior and features a welcoming lobby/reception area, perfect for creating a professional first impression. Inside, you'll find 14 private offices, providing ample space for individual work or team collaboration. A dedicated conference room facilitates meetings and presentations, while three restrooms, a copy room, and a break room cater to employee comfort and convenience. The property also includes 17 private parking spaces, eliminating the hassle of finding parking in a busy urban environment. Adding to its appeal is a tranquil patio/courtyard at the rear of the building, offering a peaceful outdoor space for breaks or informal gatherings. The lease is a NNN (Net, Net, Net) type, with a minimum term of 5 years, and the monthly rent is $4,995. This is a DRG Featured property.

    Property Features for 1206 N Palafox St

    General Information

    Property type
    Other office properties
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    3,270 SF
    USF (Usable sq. ft)
    3,270 SF
    Class
    B
    Total Parking Spaces
    17
    Elevators
    N/A
    Total Rate
    4995
    Lease Term
    5+ Years

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • Prime Pensacola location on N. Palafox St., near downtown and I‑110.
    • Spacious 3,270 sq ft office with 14 private offices & ample parking (17 spaces).
    • NNN lease, 5+ year term, includes lobby, conference room, and outdoor patio.
    Insight Report Location Intelligence

    Current Use by Public Records

    J Green Construction ... Contractor McKim & Creed, Inc. Civil Engineer McKim & Creed Engineering Consultant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    State
    Florida
    Longitude
    -87.217973
    Latitude
    30.425624

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    FAQs

    What type of property is this?
    Office property - Downtown Pensacola office, 3270 SF, 17 parking spaces.
    Where is this office property located?
    The property is located at 1206 N Palafox St 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 Pensacola location on N. Palafox St., near downtown and I-110.; Spacious 3,270 sq ft office with 14 private offices & ample parking (17 spaces).; NNN lease, 5+ year term, includes lobby, conference room, and outdoor patio.
    (850) 501-6868
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    1206 N Palafox St Pensacola, FL 32501
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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
    1206 N Palafox St Pensacola, FL 32501
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