Search
Contemporary Duplex with Terraces
For Sale
$775,000

1203 W Zarragossa St, Pensacola, FL 32502

Residential Income, Pensacola, FL

Property Size2,180 SF
Price / SF$355.50
Days on Market64

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 2, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 1, Bathroom 4, Bedroom 2
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 Ceiling Fan(s), Central Air

Amenities

dedicated parking
second-floor terraces
dedicated laundry

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: Sep 13 Last Checked: Oct 2 at 10:06PM
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.

Under construction at 1203 W Zarragossa St, this two-residence duplex contains approximately 2,180 square feet in total, with each unit offering 2 bedrooms and 2 bathrooms. The configuration includes dedicated rear parking for both residences and is planned for anticipated completion in November 2026. There is no HOA, allowing the property to function as an owner-occupied residence with a second unit for rent or as a two-unit income property.

Interior features include contemporary kitchens with quartz countertops, modern bathrooms, luxury flooring, dedicated laundry areas, high ceilings, recessed lighting, central air, and central heating. The exterior is planned with a stucco finish, flat roof, arched facade, and second-floor terraces with glass railings. Public sewer service and cable availability are included among the reported utilities.

Key Highlights

  • Approximately 2,180 square feet total
  • Two residences, each with 2 bedrooms and 2 bathrooms
  • Dedicated rear parking for both units

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Duplexes

Suggested Use

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

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

954
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - New-construction duplex with two residences, dedicated rear parking, and contemporary finishes in Downtown Pensacola.
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: Approximately 2,180 square feet total; Two residences, each with 2 bedrooms and 2 bathrooms; Dedicated rear parking for both units
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again