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    2200 N Palafox St Pensacola, FL 32501
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    Property profile & analytics

    2200 N Palafox St Pensacola, FL 32501


    • Assisted living facilities
    • 17,172 SF
    • 1.37 lot acres
    17,040 SF Specialty Building For Sale or Lease For Sale
    $2,460,000
    17,040 SF

    17,040 SF Specialty Building For Sale or Lease

    17,040 SF Zoned C-3 / Special Purpose Building For Sale or Lease

    2200 N Palafox St, Pensacola, FL 32501
    View Listing
    Property ID
    US18-2045166
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dr. Rogelio D. Samson, MD / Pediatrician / Physician
    • Tara L. Miller, CRNP / Physician
    • Calaycay Regulo MD / Physician
    • Donald Hess, PA / Physician
    • Pendergrass C Allen MD / Physician

    Property Details for 2200 N Palafox St

    Year built
    1983
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.37 lot acres
    Property size
    17,172 SF
    Zone code
    C-3
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    00-0S-00-9010-001-129
    APU
    000S009010001129

    Description

    This exceptional 17,040-square-foot freestanding building, located at 2200 N Palafox St in Pensacola, Florida (32501), presents a unique investment opportunity. Situated on a 1.36-acre lot (APN: 000S009010001129) with C-3 zoning, this single-story, 1983-built property boasts prominent frontage on Palafox and Maxwell Streets. Completely renovated in 2022, the building features new floors, drywall, electrical systems, doors, LED lighting, plumbing fixtures, ten showers, a state-of-the-art HVAC system, flood barriers, and fire sprinklers. The current configuration includes 36 private rooms, multiple lounges, four offices, fourteen bathrooms, ten shower rooms, a laundry room, a classroom, and a large dining area with a commercial kitchen. The layout is easily adaptable for multi-tenant office use, group homes, or non-profit residential purposes. The property benefits from multiple restrooms and exterior entrances, facilitating efficient space division. A recent appraisal (August 2023) valued the property at $3.35 million. The building has a robust 3-phase, 800-amp electrical service. The property is fenced with gated rear access and rail access. Expansion is possible with negotiable adjoining lots totaling an additional 0.90 acres (Parcel IDs: 000S009010007129 and 000S009010014129), both zoned C-3. The current tenant, MTM, will vacate with 30 days' notice. Floor plans are available upon request. This is a prime opportunity for a savvy investor seeking a versatile and well-maintained property in a desirable location. The asking price is $2,460,000 ($144.37/sq ft), and the lease type is NNN.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,586,000
      Market price range: $447k - $6.29M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.2197
    Latitude
    30.4349
    CBSA code
    37860
    CBSA name
    PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $15,221
    $0.00
    $0.00
    $902,338
    -
    $138,928
    $763,410
    $902,338
    View Listing
    More about this property
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