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For sale
  • Price cut: $5K (8/3)
    $845,000

    5 Portofino Dr Suite 1308, Pensacola Beach, FL 32561

    2beds
    1,333sqft
    : 
    $6,460/mo
    Get pre-qualified
    Condominium
    Built in 2006
    -- sqft lot
    $-- Zestimate®
    $634/sqft
    $1,092/mo HOA

    What's special

    Granite countertopsFloor-to-ceiling glass
    Floor-to-ceiling glass, a private balcony with a built-in grill, and gulf views from every room. This is what Pensacola Beach ownership is supposed to feel like. This 2-bedroom, 2.5-bath residence at Portofino Island Resort offers an open floor plan designed around the water. The kitchen features granite countertops and a breakfast bar that expands into the dining space, keeping the layout open and connected. The living room is anchored by a full glass wall that leads directly to the balcony, where the gulf views stretch as far as you can see. The primary suite includes a large gulf-facing window, double vanity, walk-in shower, and soaking tub. The second bedroom has its own gulf view, private en-suite bath, and direct balcony access, giving guests or family members a true sense of privacy. Portofino offers a 21,000 sq. ft. Lifestyle Center featuring a European spa, concierge services, fitness center, restaurants, five Rubico tennis courts, the Portofino Market, a Starbucks café, smoothie bar, heated indoor Olympic swimming pool, and two infinity-edge outdoor pools overlooking the Intracoastal Waterway. Each tower also boasts its own private heated pool and hot tub. Dolphin cruises, sailboats, and a packed seasonal activity calendar keep guests coming back year after year. Currently operating as a short-term rental, Unit 1308 benefits from Portofino's reputation as the most sought-after luxury resort on Pensacola Beach with strong demand and a location that sells itself. Whether you're looking for a personal retreat, a turnkey investment, or both, this one delivers.
    115 days
    193
    14

    Zillow last checked:

    Listing updated:

    Listed by:

    Stephan Vance 850-712-7205,

    Levin Rinke Realty,

    Mark Lee 850-261-1996,

    Levin Rinke Realty

    Source: PAR,MLS#: 682353MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: First
      • Area: 168
      • Dimensions: 14 x 12
      Bedroom
      • Level: First
      • Area: 180
      • Dimensions: 15 x 12
      Dining room
      • Level: First
      • Area: 187
      • Dimensions: 17 x 11
      Living room
      • Level: First
      • Area: 238
      • Dimensions: 17 x 14
      Heating
      • Heat Pump, Central
      Cooling
      • Heat Pump, Central Air, Ceiling Fan(s)
      Appliances
      • Included: Electric Water Heater, Dryer, Washer, Built In Microwave, Dishwasher, Refrigerator
      • Laundry: Inside, W/D Hookups
      Features
      • Baseboards, Ceiling Fan(s), Elevator, High Ceilings, High Speed Internet, Recessed Lighting
      • Flooring: Carpet, Laminate
      • Windows: Double Pane Windows, Blinds, Drapes, Impact Resistant Windows
      • Has basement: No
      • Has fireplace: Yes
      • Fireplace features: Electric
      Interior area
      • Total structure area: 1,333
      • Total interior livable area: 1,333 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: 2 Space/Unit, Covered, Guest
      Features
      • Levels: 8 or More Story
      • Exterior features: Balcony, Barbecue
      • Has private pool: Yes
      • Pool features: Gunite, Heated, In Ground, Pool/Spa Combo, Community
      • Spa features: Community
      • Has view: Yes
      • View description: Gulf, Sound, Water
      • Has water view: Yes
      • Water view: Gulf, Sound, Water
      • Waterfront features: Intracoastal Waterway, Sound, Waterfront, Beach Access, Natural, Pier, Beach, Waterfront Deed Access
      Lot
      • Size: 2.39 Acres
      Details
      • Parcel number: 282s261000696003
      • On leased land: Yes
      • Lease amount: $1,365
      • Zoning description: Res Multi

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Mediterranean
      • Property subtype: Condominium
      Materials
      • Concrete, Steel
      • Foundation: Pillar/Post/Pier, Slab
      • Roof: Clay Tiles/Slate,Rolled/Hot Mop
      Condition
      • Resale
      • New construction: No
      • Year built: 2006

      Utilities & green energy

      • Electric: Circuit Breakers, Copper Wiring
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Underground Utilities
      Green energy
      • Energy efficient items: Insulation, Insulated Walls

      Community & HOA

      Community
      • Features: Community Room, Dock, Elevator, Fitness Center, Fishing, Gated, Pavilion/Gazebo, Pier, Security/Safety Patrol, Sidewalks, Steam Room, Tennis Court(s)
      • Security: Smoke Detector(s)
      • Subdivision: Portofino
      HOA
      • Has HOA: Yes
      • Services included: Association, Cable TV, Deed Restrictions, Maintenance Grounds, Insurance, Maintenance, Management, Pest Control, Recreation Facility, Trash, Water/Sewer
      • HOA fee: $13,103 annually
      Location
      • Region: Pensacola Beach

      Financial & listing details

      • Price per square foot: $634/sqft
      • Tax assessed value: $371,856
      • Annual tax amount: $4,968
      • Price range: $845K - $845K
      • Date on market: 5/9/2026
      • Cumulative days on market: 116 days
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/3/2026Price change$845,000-0.6%$634/sqft
        Source: PAR #682353 Report a problem
        5/9/2026Listed for sale$850,000+38.2%$638/sqft
        Source: PAR #682353 Report a problem
        2/12/2021Sold$615,000$461/sqft
        Source: PAR #583968 Report a problem
        1/27/2021Listed for sale$615,000+26.8%$461/sqft
        Source: PAR #583968 Report a problem
        12/30/2016Sold$485,000-2.9%$364/sqft
        Source: PAR #484687 Report a problem
        9/2/2015Price change$499,500-8.3%$375/sqft
        Source: PENNACLE PROPERTIES. INC #484687 Report a problem
        7/10/2015Listed for sale$544,900$409/sqft
        Source: PENNACLE PROPERTIES. INC #484687 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$4,968 +4.5%$371,856 +5%
        2023$4,754 +9.8%$354,149 +15%
        2022$4,328 +9.9%$307,956 +15%
        2021$3,938 +7%$267,788 +6%
        2020$3,681 +1.8%$252,630 +3%
        2019$3,615 $245,272 -31.6%
        2018$3,615 -30.4%$358,577 -1.8%
        2017$5,195 -3.7%$365,000 +0.6%
        2016$5,393 -0.3%$363,000 +11.9%
        2015$5,408 $324,450 +5.9%
        2014$5,408 $306,333 +14.4%
        2013-- $267,728 -1.7%
        2012-- $272,235 -0.5%
        2011-- $273,610 -2.7%
        2010-- $281,256 -15.2%
        2009-- $331,863 -12.8%
        2008-- $380,621 -25.8%
        2007-- $512,750 +630.2%
        2006-- $70,220
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 32561

        Getting around

        15 / 100
        Car-Dependent
        44 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: A.K. Suter
        • Middle: WORKMAN/GULF BREEZE MIDDLE SCHOO
        • High: Pensacola/Gulf Breeze High Schoo

        Source: PAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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