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815 Palafox St
Pensacola, FL 32502 Downtown Pensacola

$9,700,000 USD

Office For Sale  •  18,994 SF

Property Details

  • Property Type Office
  • Total Building Size 18,994 SF
  • Lot Size 0.37 AC
  • Building Class A
  • Year Built 1999
  • Cap Rate 5.88 %
  • Tenancy Multiple
  • Zoning SPBD
30 Transit Score
50 Walk Score

Highlights

Prime Waterfront Location in Pensacola’s downtown core, offering irreplaceable views within the city’s entertainment and business district
Premier Palafox Street Frontage along the most sought-after commercial corridor, surrounded by vibrant dining, retail, and residential growth
Stabilized, Income-Producing Asset — 100% leased to two long-term professional tenants
Attractive In-Place Yield — Offered at a 5.88% cap rate with stable downtown office income
Limited Downtown Office Supply supporting strong occupancy levels and long-term rental stability
Historic, Class A Office Building with character-rich architecture, complemented by a walkable waterfront setting and near-full occupancy since 1999

Property Flyers

Cap Rate: 5.88 %

Major Tenants

Tenant SF Occupied Lease End Date
Bill Donahue Financial Advisor
Blue Water Rarites
Central Logistics Management LLC
Historical Preservation Society
Merrill
Stevenson Klotz
Troy Rafferty Law Firm 12/15/2029

Amenities

  • 24 Hour Access
  • Waterfront
  • Central Heating
  • Air Conditioning
  • Balcony

Public Transportation

AirportDriveWalkDistance
Pensacola International 14 min - 6.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Tammy Huston 850-960-3624 NAI Talcor West Florida Division
Tammy Huston 850-960-3624 NAI Talcor West Florida Division