For sale - Active Under Contract

301 Reus St

Beds
3
Bathrooms
3
sqft
1,840
sq.ft
$394

About this place

*TURN KEY AND MOVE IN-READY WITH AN ASSUMABLE LOAN AT 4.9%.* Downtown corner lot zoned C-2 with option to live where you work! Discover an exceptional alternative to high-fee condominium living in the heart of downtown Pensacola. This meticulously maintained New Orleans-style residence/commercial property sits on a desirable corner lot just one block from Maritime Park and Blue Wahoos Stadium, and only two blocks from the vibrant downtown core and acclaimed Palafox Street. Built in 2023, the home offers modern construction and true low-maintenance living. The open-concept floor plan features high ceilings, luxury vinyl plank flooring, granite countertops, gas range, plantation shutters and a decorative stairwell. The primary suite includes a tray ceiling, generous closets, and an en-suite bath with a spacious walk-in shower and double vanity. Two private balconies—one off the living room and one from the primary bedroom—invite you to enjoy the city atmosphere and bay breeze. Additional features includes parking pad for two vehicles along with plenty of additional street parking for your guests, a tankless water heater, Hardi siding, low-maintenance Trex decking, and a fully fenced backyard with a beautiful paved patio.  Whether you’re seeking a refined primary residence, a seasonal retreat, or a strong short-term rental investment, this thoughtfully designed home delivers comfort, quality and unmatched convenience—all without the restrictions and unpredictable costs of condo living. Enjoy all of downtown’s dining, entertainment, and waterfront amenities that are just a short stroll away.

Courtesy of Levin Rinke Realty

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Property Highlights

Property type Single Family Residence
Bedrooms 3
Bathrooms 3
Status Active Under Contract
City Pensacola
Zip 32502
Square feet 1,840 sqft
County Escambia - Fl
Subdivision Old City Tract
Updated Sep 3, 2026
MLS ID 687698

Exterior Features

Roof See listing details
Construction Features Single Family Residence
Parking 3 spaces
Waterfront Nearby / listed

Interior Features

Bedrooms 3
Bathrooms 3
Square Feet 1,840 sq.ft
Property Type Single Family Residence

Financial Details

List Price $724,900
Estimated Payment $4,639/mo
Price per Sq.Ft $394
Status Active Under Contract

Location

County Escambia - Fl
City Pensacola
Subdivision Old City Tract
ZIP Code 32502

Schools

Elementary School Global Learning Academy
Middle School WORKMAN
High School Pensacola

301 Reus St is located in Pensacola, FL 32502

Payment calculator

$4,639 per month 30 year fixed, 7.25% interest

Down payment estimate: $144,980. Taxes, insurance, HOA fees, and lender costs are not included.