Link Copied
Listed price in listed location currency (USD).
$4,300,000

000

MLS® 388997

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes 
Days Active 1
Approx. Age 2006
MLS® Number 388997

Property Address: 201 S Stillman St, Pensacola, FL, 32505-8067

Average square foot calculated using Size range provided by listing agent.

Description

29-Unit Condo Portfolio | Martinique on the Bayou, Pensacola, FLRARE INCOME PRODUCING $269, 200 Net Income per year- 29-UNIT WATERFRONT CONDO 29 turnkey condominium units within Martinique on the Bayou, an established waterfront community overlooking Bayou Chico and just minutes from vibrant Downtown Pensacola. This large-scale offering provides an exceptional opportunity for immediate rental income, value-add potential, or long-term portfolio expansion in one of the Gulf Coast’s fastest-growing markets. Charming, one-bedroom residences with open layouts, modern finishes, and private balconies overlooking the marina and bayou in many units. Built in 2006, the community blends coastal living with in-town convenience, providing residents with quick access to Pensacola’s beaches, entertainment districts, and major employment corridors.This 29-unit package provides investors the flexibility to maintain long-term tenants, reposition the property as a boutique waterfront rental community, or execute a gradual sell-off strategy. Very rarely does a portfolio of this size, location, and stability become available within a high-demand Pensacola waterfront setting. Portfolio Highlights• 29 total condo units offered as a single package sale• Waterfront community overlooking Bayou Chico with marina views• 2006 construction, modern concrete-block structure• One-bedroom units—high occupancy & strong rental demand• Several units feature private balconies with water views• Minutes to downtown Pensacola, Pensacola Beach, NAS Pensacola, shopping & restaurants• Established Condo Association (Martinique on the Bayou Condominium Association, Inc.)Financials, Rent Roll and Unit mix available upon request. Buyer/agent to verify all information. Buyer to verify all information during due diligence.
MLS® Number388997
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2006
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 12, 2025List Date
$4,300,000List Price
  • Commute

Commute

Starting Address
Destination Address
201 S Stillman St, Pensacola, FL

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Comparable Properties