When it’s time to find your new home, get great insight on the perks of each neighborhood. Pensacola, Pensacola Beach, and Perdido Key in the Florida Panhandle are worth consideration. Make the most of undeveloped natural beaches, fishing piers, and artificial reefs teeming with marine life.
Let’s take a look at some of the incredible opportunities that these areas have to offer.
Exploring the Florida Panhandle
Pensacola, FL
Pensacola is a historically significant city with gorgeous beaches and a welcoming community. Here you’ll find a laid back culture and endless opportunities to enjoy waterfront amenities. Offering some of the best fishing, diving, and boating, this area is ideal for those who want to explore the Gulf of Mexico. Pensacola is a great place to raise a family, grow a career, and retire.
What are the Perks of Pensacola?
What makes Pensacola special is the completely unique businesses that serve our residents and visitors. When you’re hungry, you can turn to George’s Bistro + Bar for a romantic dinner, The Leisure Club for a fun brunch with amazing vegan options, and Jerry’s Drive In serving classic southern cuisine since 1939. The micro-brewery craze is in full effect with amazing options like Coastal County Brewing, Alga Beer Company, and Goat Lips Chew & Brewhouse. Shopping locally is easy in Pensacola thanks to establishments like Duh for Garden & Home, Trader Bo’s antique market, and Bailey’s Produce & Nursery.
How is the Housing Market in Pensacola?
The median home sale price has steadily grown since 2018. With the Federal Reserve raising mortgage interest rates significantly this year, buyers don’t have the same buying power they did in 2021 but they do have better leverage with sellers. In Escambia county, single family residential property inventory is up compared to this time last year.
Downtown Pensacola, FL
Some of the greatest parts about Pensacola can be found downtown. You can learn about 450 years of American history in a horse drawn carriage, enjoy live music, and explore the waterfront parks.
What are the Perks of Downtown Pensacola?
You’ll notice the creative community growing in Downtown Pensacola. Collect art from locals at Gallery Night inside the Artel Gallery, the Blue Morning Gallery, and Quayside Gallery. Shopping for apparel and home goods? Check out Rusted Arrow Mercantile, So Bo Boutique, and Waterboyz. The breweries downtown continue to develop into venues for musicians. There’s always something to do at Pensacola Bay Brewery, Odd Colony Brewing Company, and Perfect Plain Brewing Co. Restaurants like Jaco’s Bar & Grille, Five Sisters Blue Cafe, and Restaurant Iron serve outstanding cuisine all year round.
How is the Housing Market in Downtown Pensacola?
In the last 12 months, home prices in Downtown Pensacola have risen 1.2% selling for $417,500 median sales price. Clearly a highly desirable location due to the proximity to entertainment and employment, homes are selling faster and staying on the market for a shorter amount of time compared to last year.
Pensacola Beach, FL
Famous for white sand and a gorgeous turquoise shoreline, Pensacola Beach is on a federally preserved barrier island meaning it is protected from being over developed. As part of the Gulf Islands National Seashore, you’ll find pristine public beach access and amazing marine wildlife.
What are the Perks of Pensacola Beach?
Completed in 1834, Fort Pickens is a historic military fort overlooking the pass between Pensacola Bay and the Gulf of Mexico that you can explore. Beyond the beach, you’ll find amazing vendors across the island like Intracoastal Outfitters on the Pensacola Beach Boardwalk and Maverick Board Riding Company, a family-owned surf and skate shop. The impressive variety of seafood here can be found in extraordinary restaurants like Native Cafe, PegLeg Pete’s, and The Grand Marlin.
How is the Housing Market in Pensacola Beach?
Single-family homes sold in the last 12 months have a median price over $1,300,000 and spent a median of 47 days on the market. A large part of the inventory on Pensacola Beach is made up of condominiums which represent a median sales price of $775,000.
Perdido Key, FL
Between Pensacola, Florida and Orange Beach, Alabama, Perdido Key sits on the “Flora-Bama” line. Spanish for “lost” island, Perdido Key is worth discovering. With natural beauty and coastal charm, you can adventure across roughly 16 miles of gorgeous beaches and an easy going community.
What are the Perks of Perdido Key?
Over half of Perdido Key is a national or state park with peaceful walking trails creating a gold mine for bird watching enthusiasts. The seafood here is excellent so locals love The Perdido Key Oyster Bar, The Islander Food Shack, and The Flora-Bama Ole River Grill.
How is the Housing Market in Perdido Key?
Real estate trends in Perdido Key are similar to Pensacola Beach. In the last 12 months, the median sales price for single family residential property is $548,900. Properties are selling quickly here with a median of 28 days on the market.
Have questions about Pensacola, Pensacola Beach, and Perdido Key? Contact us today! Our agents are ready to help you to find your next home.
