Pensacola Beach Homes under $1.5 million

Pensacola Beach Homes under $1.5 million

Welcome to Pensacola Beach, a stunning coastal gem nestled in Escambia County, Florida. Renowned for its powdery white sands and crystal-clear emerald waters, Pensacola Beach is not just a vacation destination; it’s a lifestyle. This vibrant community offers a perfect blend of relaxation and adventure, making it an ideal spot for families, retirees, and anyone seeking a slice of paradise.

Imagine waking up to the soothing sounds of the ocean and enjoying breathtaking sunrises from your own beachfront property. With homes available for under $1.5 million, Pensacola Beach provides an incredible opportunity to own a piece of this idyllic landscape without breaking the bank. Whether you’re looking for a charming cottage, a modern condo, or a spacious family home, the real estate market here caters to a variety of tastes and budgets.

Beyond the stunning homes, Pensacola Beach boasts a lively atmosphere filled with fantastic dining options, boutique shopping, and an array of outdoor activities. From fishing and boating to paddleboarding and beach volleyball, there’s no shortage of ways to enjoy the beautiful Florida sun. Plus, with its rich history and vibrant arts scene, there’s always something new to explore.

Whether you're seeking a permanent residence or a vacation getaway, Pensacola Beach offers an exceptional quality of life. Experience the warmth of the community, the beauty of nature, and the charm of coastal living—all while enjoying the benefits of homes under $1.5 million. Come discover your dream home in Pensacola Beach, where every day feels like a vacation!

Newest Pensacola Beach Homes under $1.5 million

1650 Via De Luna Dr Unit A4, Pensacola Beach
$435,000
2 Beds ⋅ 2 Baths ⋅ 1010363 MLS
Are you a big Blue Angels fan? No issues with finding a parking spot on Blue Angels Weekend when you live at Villas on the Gulf! Do you love spending your days on Pensacola Beach? This 2 bedroom 1 1/2 bath condo is 5 minutes walk through the Villas on the Gulf to be on the beach. Turn key coastal living condo ready for you to move into, or you can use it as a short term rental. The main living area opens to a balcony and has tons of natural light. Dining area and a full kitchen. Both bedrooms are generously sized and share a full bathroom. Washer/dryer combo. This condo maximizes every sqft! Well maintained grounds lead you through to Pensacola Beach. Sparkling pool, community room and grilling areas. Small pond with a water feature and gazebo along with tropical landscaping make it feel like you are on vacation every single day! Covered parking spot under the condo. Pensacola beach Trolley, and golf cart if you have one, make this an ideal location to get to all of the amazing restaurants, shops and entertainment. Pet friendly! Awesome location for a short term rental investment

1650 Via De Luna Dr Unit A4, Pensacola Beach
1150 Fort Pickens Rd Unit H3, Pensacola Beach
$450,000
2 Beds ⋅ 2 Baths ⋅ 1009896 MLS
Wake up to Gulf views. Wind down with Sound sunsets. And enjoy one of the features that can be hard to find on Pensacola Beach: ELEVATOR ACCESS. Welcome to Unit H3, a fully furnished coastal retreat offering water views from BOTH the front and rear of the condo. From sunrise over the Gulf to sunsets across the Sound, water is part of the view in every direction. H3 is located in one of only TWO buildings in the complex with elevator access, making trips from the car to the condo easy. Even better, this unit includes TWO private covered parking spaces plus a BRAND-NEW STORAGE SHED just steps from the elevator. Beach chairs, fishing gear, paddleboards and all the extras finally have a place of their own. Step outside and enjoy Soundside beach access, a private dock, community pool with water views and a peaceful pond filled with fish and turtles. Spend your days swimming, fishing, paddleboarding or simply enjoying the quieter side of Pensacola Beach. Inside, the condo is bright, comfortable and offered fully furnished. Major updates include HVAC and water heater replaced in 2022 and a high-efficiency Electrolux washer and dryer added in 2025. The pet-friendly community allows owners up to two cats or dogs and offers grassy areas around the pond for daily walks. Whether you're looking for a second home, beach getaway or short-term rental opportunity, H3 combines the features that matter most: FRONT AND REAR WATER VIEWS, ELEVATOR ACCESS, TWO COVERED PARKING SPACES. EXTRA STORAGE and easy access to the water. Your Pensacola Beach retreat is ready. All that's missing is you.

1150 Fort Pickens Rd Unit H3, Pensacola Beach
22 Via De Luna Dr Unit 503, Pensacola Beach
$747,000
2 Beds ⋅ 2 Baths ⋅ 1009572 MLS
Welcome to The Diving Dolphin, a beautifully updated Gulf-front condo at the highly desirable Emerald Isle Resort in Pensacola Beach. Positioned on the fifth floor, this spacious 2-bedroom, 2-bath residence offers breathtaking panoramic views of the Gulf of Mexico from both the living area and private balcony. The open-concept floor plan creates a comfortable coastal retreat with an updated kitchen featuring quartz countertops and stainless-steel appliances, a dining area with seating for six, and a spacious living room overlooking the Gulf. The primary suite offers a king-size bed and spectacular Gulf views, while the second bedroom features a full-over-twin bunk configuration with an additional pull-out trundle, providing flexible accommodations for family and guests. Step outside to the private balcony and enjoy sweeping Gulf views while watching the sunrise, taking in the emerald-green waters, or relaxing at the end of the day. The condo is being offered fully furnished and turnkey, making it an excellent opportunity for a personal beach retreat, second home, or investment property. Emerald Isle Resort offers an impressive array of amenities, including private beach access, two resort-style pools--including a heated pool--hot tub, fitness center, and ample parking. The property is ideally located in the heart of Pensacola Beach, close to restaurants, shopping, water activities and everything the area has to offer.

22 Via De Luna Dr Unit 503, Pensacola Beach
3 Portofino Dr Unit 708, Pensacola Beach
$875,000
2 Beds ⋅ 2 Baths ⋅ 1007271 MLS
Experience one of Portofino's most desirable Gulf-facing views from this beautifully maintained Tower Three residence. Approximately only 60 of the resort's 900+ condominiums share this exceptional perspective. Floor-to-ceiling windows fill the open living area with natural light while showcasing views of the Gulf from the great room, primary suite, and spacious covered balcony. Features include luxury vinyl plank flooring, crown molding, granite countertops, wood cabinetry, breakfast bar, spacious primary suite with walk-in closet, soaking tub, separate shower, and dual vanities. Enjoy Portofino's private beach access, multiple pools, indoor lap pool, spa, fitness center, tennis courts, marina, dining, and water sports just moments from your door.

3 Portofino Dr Unit 708, Pensacola Beach
5 Portofino Dr Unit 1106, Pensacola Beach
$764,000
2 Beds ⋅ 3 Baths ⋅ 1005348 MLS
Motivated seller, bring an offer! Views that stop you in your tracks. Blues that belong on a postcard. Residence 1106 at Portofino Tower 5 delivers the kind of coastal living people dream about, with panoramic water views, a generous balcony made for morning coffee, sunset toasts, and endless sea breezes, and interiors that feel straight from the pages of a design magazine. This turnkey 2-bedroom, 2.5-bath residence features chic modern finishes, private en-suite bedrooms, and a serene primary suite with a spa-inspired bath and soaking tub. Located within one of Southern Living Magazine's ''10 Best Family-Friendly Beach Hotels in Florida,'' owners enjoy an exceptional collection of resort amenities including Spa Portofino, private pools, fitness center, five clay tennis courts, on-site dining, and exclusive deeded beach access on both the Gulf and Sound sides. Miles of uncrowded sugar-white sand beaches await, with owner beach service, chairs, and umbrellas provided for effortless days by the water. Come for the views. Stay for the lifestyle.

5 Portofino Dr Unit 1106, Pensacola Beach
2 Portofino Dr Unit 606, Pensacola Beach
$859,900
2 Beds ⋅ 3 Baths ⋅ 1004108 MLS
Updated, turnkey 2-bedroom, 2.5-bath condo in Tower 2 at Portofino Island Resort & Spa! Redone in 2023 with a sophisticated coastal palette, this residence offers breathtaking Gulf views and an incredible opportunity as a primary residence, second home, or investment property. The unit has grossed over $109,000 in the past 2 years and rental projections estimated at $69K/year. Inside, you'll find thoughtful upgrades throughout, including tile flooring throughout the entire condo, a 2021 HVAC system, and 2021 water heater. The showstopping kitchen features custom cabinetry with a built-in wine rack, stainless steel appliances, and a striking quartz waterfall countertop. The spacious open-concept layout offers room for both dining and entertaining, complete with a breakfast bar for additional seating. In the living room, a textured tile accent wall creates a calming focal point while sliding glass doors frame stunning Gulf views and lead to the expansive covered balcony measuring approximately 27'6'' x 6'2''. The bright and airy primary suite offers direct balcony access along with three closets, including an owner's closet. The primary bathroom has been beautifully renovated with a coastal-inspired blue tiled walk-in shower expanding to a full-wall backsplash above the double quartz vanity. The guest bedroom also enjoys direct balcony access and its own en suite bathroom with a tub/shower combo. Additional features include a stylish half bath with modern wallpaper, a convenient laundry closet, an assigned parking space, and a private storage area. Portofino Island Resort & Spa offers unmatched amenities, including direct access to both the Gulf and Santa Rosa Sound, multiple pools and spas, a full-service spa, state-of-the-art fitness center, tennis courts, on-site dining, and beautifully maintained grounds surrounded by natural beauty. Enjoy resort-style living while being just minutes from all the dining, entertainment, and attractions Pensacola Beach has to offer!

2 Portofino Dr Unit 606, Pensacola Beach
1 Portofino Dr Unit 1205, Pensacola Beach
$825,000
2 Beds ⋅ 3 Baths ⋅ 997700 MLS
Discover your dream coastal retreat at Portofino, celebrated for its stunning location bordering the Gulf Islands National Park. This exceptional 2-bedroom, 2.5-bathroom unit has been fully updated and is turn-key ready, perfect for your new island lifestyle. Step inside to experience a complete transformation featuring all-new waterproof LVP flooring throughout. The beautifully renovated kitchen boasts brand-new appliances, elegant granite countertops, and a stylish backsplash, making it a chef's paradise. Both the main and guest bathrooms have been meticulously updated with gorgeous tiled showers and seamless glass doors, offering a touch of luxury in every detail. This unit is furnished with trendy, high-quality furniture, including new mattresses and smart TVs for your entertainment. Your convenience is further enhanced with a reserved garage parking and a dedicated storage area for your beach toys, ensuring you have everything you need for fun-filled days in the sun. At the Lifestyle Center, indulge in world-class amenities, including a state-of-the-art fitness area, luxurious treatment rooms, and an indoor spa featuring his and hers private spaces, dry saunas, steam rooms, showers, and a relaxing lounge. Lagoon-style pools or the indoor Olympic-sized pool with stunning views of the bay.Savor delightful culinary experiences with indoor dining at the Coastal restaurant or poolside dining at the Alfresco Bar and Grill. Tennis enthusiasts will appreciate the five Rubico clay surface courts, while the Towers offers their own exclusive pool and hot tub. Everything you need is right at your fingertips, from water sports rentals and bikes to mini carts and golf carts, making your stay both convenient and enjoyable. Step onto your private balcony to soak in breathtaking views and stunning sunsets creating the perfect backdrop for your favorite beverages. Don't miss this incredible opportunity to own a piece of paradise.--where life truly is better!

1 Portofino Dr Unit 1205, Pensacola Beach
999 Ft Pickens Rd Rd Unit 204, Pensacola Beach
$525,000
1 Beds ⋅ 2 Baths ⋅ 980368 MLS
Gulf Front Condo with Excellent Rental Income Potential** Wake up to dolphin sightings and Gulf breezes from the private balcony of this beautifully updated 3rd-floor condo at Sans Souci. This 1-bedroom, 1.5-bath unit offers stunning water views and comfortable accommodations that sleep up to 6 guests—perfect as a second home or a high-performing vacation rental. A similar unit generated over $60,000 in rental income last year. Interior features include luxury LVP flooring throughout, granite countertops in the kitchen and bathrooms, a stylish tiled walk-in shower, and neutral coastal décor. The open layout provides a bright and inviting atmosphere ideal for beach living. Sans Souci offers resort-style amenities including a Gulf-front pool and hot tub, fitness room, gated access, and a beach walkover for easy shoreline access. Located directly across from Peg Leg Pete's, you're steps away from local dining and entertainment. Additional highlights: * Brand new HVAC system * Turnkey and fully furnished * Strong rental history * Gated community with elevator access Don't miss this opportunity to own a Gulf-front property with excellent income potential and unbeatable views!

999 Ft Pickens Rd Rd Unit 204, Pensacola Beach
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