1203 W Zarragossa St

Property feature image
Property gallery image
Address: 1203 W Zarragossa St, Pensacola, FL 32502, USA
Florida & Gulf Coast + 2-4 Units
Created date: August 6, 2026
Date last updated: September 13, 2026
Price: $775,000Investment Analyzer NEW!

Property Description

Two luxury residences. One architecturally distinctive property. A rare new-construction opportunity in Downtown Pensacola. Currently under construction, this high-end duplex offers approximately 2,180 square feet total, each unit comprising 2 bedrooms and 2 bathrooms, plus dedicated rear parking for both. Designed to stand apart from conventional multifamily construction, this property pairs distinctive contemporary architecture with premium finishes inside and out. The two-residence configuration offers exceptional flexibility: occupy one residence and rent the other, or operate both as an income-producing asset. With no HOA, the owner has the freedom to choose. A single building also delivers meaningful efficiencies over owning and maintaining two separate properties: one envelope, one roof, and consolidated maintenance and rental-management logistics. Both residences feature thoughtfully selected high-end materials, contemporary kitchens with sleek cabinetry and quartz countertops, luxury flooring, modern bathrooms, dedicated laundry, and refined architectural details throughout. The exterior makes an equally strong statement. A signature arched facade, expansive second-floor terraces with glass railings, stucco exterior, and modern flat-roof profile give the property an architectural identity rarely found in traditional duplex construction. Developable land in Downtown Pensacola is limited, making new construction capable of accommodating two residences especially compelling for both owner-occupants and investors. Anticipated completion November 2026.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $775,000
No. of Units: 2
Year Built: 2026
Lot Size: 2,180.00 Sq ft
Opportunity Zone: No
Price per unit: $387,500
Property Website Click Here
Number of Bedrooms: 4
Number of Bathrooms: 4
Address: 1203 W Zarragossa St, Pensacola, FL 32502, USA
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

305 HIBISCUS Avenue

Pompano Beach, Florida
Florida & Gulf Coast + 2-4 Units
Units: 4
Price: $1,999,999

1512/1514 Oak Drive

Fort Myers, Florida
Florida & Gulf Coast + 2-4 Units
Units: 2
Price: $289,000

3026 Santa Barbara Boulevard

Cape Coral, Florida
Florida & Gulf Coast + 2-4 Units
Units: 2
Price: $480,000

Brokers

View All

Lenders

View All