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Duplex Under Construction with Balcony
For Sale
$775,000

1203 W Zarragossa St, Pensacola, FL 32502

MULTI_FAMILY - Pensacola, FL

Property Size2,180 SF
Price / SF$355.50
Days on Market15

Property Features for 1203 W Zarragossa St

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Zoning description Commercial
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 3, Bathroom 4, Bedroom 4, Bedroom 1
Window features Double Pane Windows
Patio and Porch features Porch
Interior features Baseboards, Ceiling Fan(s), High Ceilings, High Speed Internet, Recessed Lighting
Exterior features Balcony
Appliances Electric Water Heater, Dishwasher, Refrigerator
Subdivision Maxent Tract
Lot features Interior Lot
Elementary school Global Learning Academy
Middle school WARRINGTON
High school Pensacola
Directions West on Main St. to North on E St. to West on Zarragossa St. to home on left.
Standard status Active
APN 000S009080003141
Size 2,180 SF

Taxes and HOA fees

Tax Description LT 2 BLK 141 MAXENT TRACT OR 9425 P 1886 CA 102
Legal Description LT 2 BLK 141 MAXENT TRACT OR 9425 P 1886 CA 102

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air, Ceiling Fan(s)

Amenities

loggia
glass-railed terrace
dedicated laundry room

Building Details

Year built 2026
Floors in Building 2
Number of units 2
Flooring type Tile
Building materials Frame
Roof type Flat
Listing Agency: Voyage Real Estate LLC
Listed By: John Ellis
Added: Jul 31 Changed: Aug 3 Last Checked: Aug 14 at 10:06AM
MLS# 686805

Copyright © 2026 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Newly constructed duplex totaling 2,180 square feet under construction, with a frame structure, stucco exterior cladding, and a flat roof. Both units are configured with two bedrooms and two baths, each including its own dedicated laundry room. Interior features include recessed lighting, high ceilings, ceiling fan(s), and baseboards; flooring is tile, with central living areas described with luxury vinyl flooring in the remarks. Each unit includes a balcony/porch feature, and each kitchen has a dishwasher, refrigerator, and electric water heater service.

Comfort and heating/cooling are set up differently by unit: unit one uses a single central air conditioning system, while unit two is equipped with individual mini-split systems. Utility notes include cable available and public sewer.

Anticipated completion is November 2026, with construction year indicated as 2026.

Key Highlights

  • 2,180 total SF duplex under construction with flat roof and stucco exterior
  • Two units, each with two bedrooms and two baths and its own laundry room
  • Unit one uses central air; unit two uses individual mini‑split systems

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Auto Parts Store Pharmacy Daycare Center (Bike/Boat/Book/etc) Store Furniture & Home Goods

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

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,577
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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex under construction with two two-bedroom, two-bath units, each with in-unit laundry and its own comfort controls.
Where is this duplex located?
The property is located at 1203 W Zarragossa St Pensacola, FL.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 2,180 total SF duplex under construction with flat roof and stucco exterior; Two units, each with two bedrooms and two baths and its own laundry room; Unit one uses central air; unit two uses individual mini‑split systems
More about this property
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