For sale - Active Under Contract

612 1st St # 24

Beds
4
Bathrooms
3
sqft
2,700
sq.ft
$170

About this place

Spacious 4 bedroom WATERFRONT TOWNHOME with LARGE ASSIGNED BOATSLIP with DEEP WATER ACCESS at the front gate of NAS in Gated Community of Spinnaker Cove just 10 minutes to downtown Pensacola and Perdido Key. 4 bedrooms with 2.5 bathrooms, this home boasts 2,700 sq feet of living space with a tandem garage that you can pull through with garage doors on both sides. Waterfront living with this square footage with a boatslip at this price per square foot is a rarity. This property has a LOW RATE ASSUMABLE VA LOAN to qualified buyers and also has $25 power bills. YES, that is correct - this home has NEW PAID FOR SOLAR PANELS THAT COST OVER $67,000. Installation of 31 400w Solar Panels, Net Metering Main Service Panel, and Enphase Microinverter in 2023. ALL NEW HEATING AND COOLING SYSTEMS COSTING OVER $23,000 - TWO 2023 2 ton 19 seer Gree HVAC Units for 2nd and 3rd floor of home - 2 Zone High Efficiency Mini-Split System to add AC to the entire bottom floor. This home has upgrades galore! This townhome was renovated in 2021 with brand new kitchen and appliances (new Samsung refrigerator 2024). Washer and Dryer (2021 Samsung) are included. The main living space is perfect for entertaining guests with an open concept of the kitchen, living, and dining area, and balcony with views of Bayou grande and your boat slip with power and water (you can install a lift if you so choose). The wood burning fireplace makes for cozy evenings. Luxury vinyl plank flooring in the living and wet areas and carpet in the bedrooms on the 3rd floor. New 4th bedroom and office area on the bottom floor that is heated and cooled recently added in 2024. All bedrooms on the third floor have their own private balconies. LOW HOA fees make this property a no brainer for those looking for the waterfront lifestyle at a low cost. This prime location offers easy BOATING & FISHING access to the Gulf of Mexico being only a 15 minute ride to the Pensacola Pass. Buyer to verify all information.

Courtesy of Levin Rinke Realty

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Property Highlights

Property type Res Attached
Bedrooms 4
Bathrooms 3
Status Active Under Contract
City Pensacola
Zip 32507
Square feet 2,700 sqft
County Escambia - Fl
Subdivision Spinnaker Cove
Updated Aug 18, 2026
MLS ID 681756

Exterior Features

Roof See listing details
Construction Features Res Attached
Parking 4 spaces
Waterfront Nearby / listed

Interior Features

Bedrooms 4
Bathrooms 3
Square Feet 2,700 sq.ft
Property Type Res Attached

Financial Details

List Price $460,000
Estimated Payment $2,944/mo
Price per Sq.Ft $170
Status Active Under Contract

Location

County Escambia - Fl
City Pensacola
Subdivision Spinnaker Cove
ZIP Code 32507

Schools

Elementary School Warrington Elementary
Middle School WARRINGTON
High School Pensacola

612 1st St # 24 is located in Pensacola, FL 32507

Payment calculator

$2,944 per month 30 year fixed, 7.25% interest

Down payment estimate: $92,000. Taxes, insurance, HOA fees, and lender costs are not included.