Pensacola Homes under $400,000

Opportunity awaits on 2.2 acres in Pensacola! This 3-bedroom, 2-bath home is filled with character and offers an incredible canvas for someone ready to bring their vision to life. Inside, you'll find a spacious living area highlighted by a stone fireplace and exposed-beam ceiling, giving the home warmth and architectural interest. The property also includes an in-ground pool and detached garage/workshop, offering tremendous potential for outdoor living. With some vision, the pool area could be transformed into a private backyard oasis perfect for entertaining, relaxing, and enjoying the surrounding acreage. Whether you're looking to renovate a home to make it your own, create a private retreat, or explore an investment opportunity, this property offers space, character, and tremendous potential in a convenient Pensacola location. Bring your ideas and imagine what this property could become!

7085 Frank Reeder Rd, Pensacola

$215,000

2 Beds ⋅ 2 Baths ⋅ 1012808 MLS

Turnkey waterfront living in Bayshore. This fully furnished 2 bedroom - 2 bathroom, third-floor condo is located minutes from downtown Pensacola and is completely move-in ready. The living room/dining combo offers soaring high ceilings, with lots of natural light. Galley kitchen is functional with ample cabinetry and counterspace with a massive walk-in pantry/storage room. Spacious primary bedroom has its own full bath and large walk-in closet. Second bedroom is generously sized, perfect for guests or a dedicated home office, and sits just steps away from the second full hallway bathroom. Your morning coffee tastes better on the private balcony, offering views of the lush grounds and neighboring Pensacola Country Club golf course. Bayshore offers an easy drive to Pensacola Beach, NAS Pensacola, Perdido Key, and nearby dining and shopping. It is more than a home; it's an active, upscale lifestyle. Residents enjoy exclusive access to a private pier, waterfront pool, fitness center, game room, mailroom, library with a piano lounge. Incredible value with the association dues covering cable, internet, water, sewer, trash, pest control, 24-hour doorman on site, and all exterior maintenance. Your only monthly utility is electricity. Don't miss this opportunity for effortless, resort style living. Pack your bags and start living your dream of a coastal lifestyle today. HVAC updated in 2019 and Water heater updated in 2017. No short term rentals allowed.

825 Bayshore Dr Unit #304, Pensacola

$344,000

4 Beds ⋅ 3 Baths ⋅ 1013058 MLS

Built in 2024 and beautifully maintained, this 4-bedroom home offers a thoughtfully designed floor plan, additional upstairs living space, a two-car garage, and a spacious privacy-fenced backyard. Exceptionally well cared for, the home is located in a quiet neighborhood with a relaxed, welcoming atmosphere. With the home being just two years old, the roof and all major appliances are also approximately two years old. The main living areas and bathrooms feature durable wood-look flooring, while cushioned carpet adds comfort in the bedrooms and upstairs living area. The kitchen offers white cabinetry, attractive countertops, stainless steel appliances, and convenient pantry space. The primary bedroom is conveniently located downstairs, while three additional bedrooms are upstairs along with a versatile second living space that can serve as a media room, kids' hangout, game room, or additional lounge area. An unfinished attic-style space provides valuable extra storage. A half bath and laundry room are conveniently located just inside the home. Outside, the spacious backyard features well-maintained green space and is fully enclosed by a privacy fence, providing plenty of room to enjoy the outdoors. A storage shed offers additional space for lawn equipment, tools, and other belongings. With flexible living areas, abundant storage, and a well-kept outdoor space, this 2024-built home is ready for its next owner.

5909 Percheron Dr, Pensacola

$395,000

3 Beds ⋅ 2 Baths ⋅ 1012612 MLS

Discover the convenience of 1910 E Cervantes St, a centrally located 3-bedroom, 2-bathroom single family home offering 1,344 sq ft of living space on a spacious 0.28-acre lot. The split floor plan features two bedrooms on one side of the home, with a separate basement/bedroom that could also serve as an office, flex space, or additional living area. Situated nicely toward the back of the property, the home offers a comfortable setting with a generous yard and a convenient carport for covered parking. With no HOA, there is added flexibility for the new owner. Centrally located in Pensacola with convenient access to shopping, dining, schools, major roadways, and area amenities. A great opportunity for buyers looking for a well-located home with a nice lot and no HOA. Call and schedule your showing today to see all this home has to offer. *To help visualize this home's floor plan and to highlight its potential, virtual furnishings or renderings may have been added to photos found in this listing.

1910 E Cervantes St, Pensacola

$189,900

4 Beds ⋅ 3 Baths ⋅ 1012608 MLS

You are absolutely going to want to see this REO opportunity! Resting on right 1.5 acres, this all brick home was built in 1979. The home is mostly fenced and has a side entry 2 car garage. Inside you will find split bedroom design with a single bedroom and 1/2 bath just off the garage, a galley style kitchen leading to a separate dining area and a large, open living room with fireplace. The remaining full bath and 3 bedrooms are together, with the master having a full bath. There is a ton of opportunity with this home and it is certainly a must see to appreciate. The home does need repairs and therefore will not qualify for typical financing, but there are absolutely financing options available. Call today!

6200 E Fence Rd, Pensacola

$315,000

4 Beds ⋅ 2 Baths ⋅ 1012431 MLS

Discover the best of the Perdido lifestyle in this 4-bedroom, 2-bath brick pool home with 1,999 sq. ft. of comfortable living space. Perfectly located in the desirable Manchester neighborhood off Hwy 98, you'll enjoy quick access to Perdido Key and Johnson's Beach, Alabama beaches, OWA Water Park, downtown Pensacola, NAS Pensacola, Grand Lagoon State Park, and more. Step inside to a welcoming split floor plan featuring soaring 10-foot ceilings in the main living area. The kitchen sits at the heart of the home, offering stainless steel appliances, a corner pantry, and seamless flow between the formal dining room and breakfast nook. The spacious primary suite includes a walk-in closet, a garden tub, a separate shower, and dual vanities. Additional highlights include indoor laundry, ceiling fans in the living room and all bedrooms, and an attached two-car garage. Out back, relax or entertain on the covered patio overlooking the L-shaped saltwater pool with a new liner installed in 2021. Mature evergreen trees provide shade and privacy, creating your own backyard retreat.

11605 Aruba Drive Dr, Pensacola

$340,000

4 Beds ⋅ 3 Baths ⋅ 1012314 MLS

Welcome Home to this spacious and beautifully maintained **4-bedroom, 2.5-bath home**, offering **2,260 square feet** of comfortable living space. Built in **2014**, this home features a versatile floor plan with plenty of room to spread out, including a **bonus den upstairs** and a **sunroom/office on the first floor**--ideal for working from home, a playroom, hobby space, or additional sitting area. The main level features **newer LVP flooring installed in Spring 2023**, giving the downstairs living areas a fresh, updated look. The kitchen is well-appointed with **granite countertops, stainless steel appliances, subway tile backsplash**, ample cabinetry, and plenty of workspace for everyday living and entertaining. Upstairs, you'll find **newer carpet installed in Fall 2022** on the staircase and throughout the second floor, along with generously sized bedrooms and the additional bonus den. The oversized rooms and multiple flexible living spaces provide plenty of options to fit your needs. The home has been thoughtfully cared for, with the **HVAC professionally serviced twice a year**. The interior has also received a fresh coat of paint, while the exterior has been power washed and the landscaping refreshed. Enjoy added backyard privacy with a **wooded area directly behind the property and no homes immediately behind you**--a great setting for relaxing or entertaining outdoors. Conveniently located for an easy commute to **NAS Pensacola** and close to the beautiful **Perdido Key beaches**, shopping, dining, and recreation. With over **2,200 square feet, four bedrooms, multiple bonus spaces, updated flooring, and a private backyard setting**, this home offers the space and flexibility you've been looking for.

3878 Weatherstone Cir, Pensacola

$225,000

3 Beds ⋅ 2 Baths ⋅ 1012285 MLS

MOVE-IN READY, NEWLY RENOVATED & READY FOR ITS NEXT OWNER! This charming 3-bedroom brick home offers over 1,300 square feet of comfortable living space, a versatile flex space, 1-car garage, and a NEW ROOF--all conveniently located in West Pensacola just off Blue Angel Parkway. Step inside to a spacious sunken living room featuring a ceiling fan and new carpet, creating an inviting space to relax or entertain. The eat-in kitchen comes equipped with all appliances, including the refrigerator, dishwasher, oven, and countertop stove, offering both function and convenience. The additional flex space provides endless possibilities--perfect for a home office, playroom, workout area, second living space, or whatever best fits your lifestyle. With its recent renovations, classic brick exterior, functional layout, and desirable location, this home offers an excellent opportunity for buyers looking for comfort and convenience. Enjoy easy access to NAS Pensacola, shopping, dining, schools, everyday necessities, and the beautiful Gulf Coast beaches. The seller is extremely motivated and eager to welcome the next owner, making now the perfect time to take a closer look. Schedule your private showing today and come see all that this West Pensacola home has to offer before the opportunity is gone!

5624 Scotland Ter, Pensacola

$289,900

3 Beds ⋅ 2 Baths ⋅ 1011557 MLS

Motivated Seller!! BRING ALL OFFERS!! Ask about Seller paying closing costs! Rental projections coming in at over $35,000 yearly! Welcome to this charming and FULLY FURNISHED 3-bedroom, 2-bathroom home located in the heart of Pensacola. Just minutes from downtown and 15 minutes from the stunning white sands of Pensacola Beach, this centrally located gem offers the perfect blend of stylish upgrades and convenience. Completely renovated from top to bottom in 2021, every detail of this home has been thoughtfully designed with modern living in mind. Step inside to an open-concept floor plan filled with natural light, neutral paint, and luxury vinyl plank flooring throughout. The spacious living area flows seamlessly into a stunning kitchen that's truly the heart of the home! Enjoy cooking wit

600 E Brainerd St, Pensacola

$185,000

3 Beds ⋅ 2 Baths ⋅ 1011477 MLS

Your next REO opportunity is here! Located minutes from Hwy 29 and interstate access this all brick 3 bedroom 2 bath is your next one to consider. Originally built in 1970, this home was completely renovated several years ago. Though the home may needs some minor repairs today, this diamond is not rough. This home has split bedroom design, lvp flooring, and great room living/kitchen combo. The back yard has privacy fencing and the home rests on approx 0.23 acres. A must see for first time buyers and investors alike. Call today!

6613 Hampton Rd, Pensacola

$214,900

2 Beds ⋅ 1 Baths ⋅ 1011311 MLS

Fresh Improvements. Proven Rental History. Fully Furnished Option. Minutes from Historic Downtown Pensacola. Priced at $214,900, this 2-bedroom, 1-bath cottage offers an appealing combination of affordability, location, flexibility, and rental potential. Whether you're a first-time homebuyer, looking to downsize, searching for a second home, or considering an investment property, this 980-square-foot home is worth a fresh look. The property has recently undergone significant foundation and structural improvements completed with the guidance of an engineer, along with a new subfloor, new LVP flooring, and fresh interior paint. After several months off the market while this work was completed, the home is back with important improvements already addressed. Inside, the open-concept layout offers comfortable and versatile living space, with a bonus area that can serve as a home office, dining area, hobby space, or flex room. The renovated kitchen features cabinetry and stainless-steel appliances, while the renovated bathroom offers modern, contemporary finishes. A 2021 architectural shingle roof, updated HVAC, and newer water heater add additional peace of mind. The outdoor space adds even more versatility. Welcoming front and back porches provide inviting places to relax, while the spacious backyard features mature tropical landscaping, partial fencing, and a generous storage shed on an extended concrete slab. The extended slab also creates a private outdoor area with space for chairs, a firepit, entertaining, or a variety of other uses. For investors, the property's rental appeal is already established. It has been successfully operated as a furnished mid-term rental for several years, offering a proven rental history and an opportunity for a new owner to continue that use. The property also offers short-term rental potential, and could sleep 6-8 comfortably, subject to applicable regulations and requirements. For maximum convenience, the home is available fully furnished and turnkey, allowing a buyer to step into a ready-to-use home or rental setup. And the location is hard to beat. Just minutes from Historic Downtown Pensacola, Palafox Street, NAS Pensacola, and Pensacola Beach, you'll have easy access to restaurants, markets, entertainment, waterfront activities, military facilities, and some of Pensacola's most popular destinations. And yes, the occasional Blue Angels flyover is a memorable local bonus! At $214,900, this is an opportunity to own a manageable, centrally located home with meaningful recent improvements, established rental history, and the flexibility to make it your home, your second home, or your next investment.

115 Milton Rd, Pensacola

$399,000

2 Beds ⋅ 2 Baths ⋅ 1011202 MLS

Experience waterfront living at Docks on Old River with this 2-bedroom, 2-bath condo offering beautiful views, boating access, and a prime location just 5 minutes from Flora-Bama! Situated along Old River, a popular boating corridor, the condo includes private Boat Slip 9B with a boat lift designed to accommodate approximately a 22-24 ft. boat with a weight capacity of approximately 6,000 lbs., making it easy to keep your boat ready for days on the water. Boat and trailer parking is also available at the front of the property. This unit is being sold FULLY FURNISHED! Short-term rentals are allowed, making this an excellent option for an investment property, second home, or waterfront getaway.Step outside the front door to enjoy views toward the Gulf, while the private covered balcony overlooks Old River and the community pool. Inside, a coastal color palette creates a relaxed atmosphere, complemented by shiplap in the living room and beautiful river views. LVP flooring flows throughout the main living areas and bedrooms, with tile in the bathrooms. The open kitchen features quartz countertops, abundant cabinetry, and a breakfast bar.The primary bedroom offers river views, direct balcony access, and an ensuite bathroom with a tub/shower combination. Down the hall, the guest bedroom features a window with views toward the Gulf and is conveniently located near a full guest bathroom that also serves the main living area.Take the elevator downstairs, where a covered entertainment entertainment area adjoins the community pool, providing another great space to relax after a day on the water. Additional amenities include a fish cleaning station and fillet table, firepit, grill area, covered sitting area, and greenspace. This Docks on Old River condo combines waterfront views, boating amenities, Gulf proximity, and convenient access to nearby beaches, dining, and entertainment in Perdido Key!

16310 Perdido Key Dr Unit 9B, Pensacola

Pensacola Homes under $400,000

Newest Pensacola Homes under $400,000