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Sold for $2,500,000
  • $2,500,000

    502 N 20th Ave, Pensacola, FL 32501

    4beds
    4,200sqft
    Single Family Residence
    Built in 1925
    1.2 Acres Lot
    $2,759,900 Zestimate®
    $595/sqft
    $3,493 Estimated rent

    Home value

    $2,759,900

    $2.48M - $3.09M

    $3,493/mo

    Zestimate® history
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    What's special

    ** This is your opportunity to own one of the premier waterfront properties on the Gulf Coast. Situated on an expansive 1.2 Acre site with 172 feet on Bayou Texar, this historic, 1925 Mediterranean Revival home is truly one of a kind. The waterfront site has some 30 feet + of elevation, mature Live Oak and Hickory trees, with panoramic views of both Bayou Texar and Pensacola Bay. There is deep water boat dockage, and a covered boat slip with a 10,000 electric lift. While new owners would certainly want to update and remodel the home to their taste, this property has been meticulously maintained and improved by the current owners for the past 39 years. The architectural design features, solid masonry construction, hand selected wood flooring, doors, windows and trim, imported tile work, and expansive outdoor terraces, that can simply not be equaled by any modern day construction. The home has over 4,200 square feet of living area on the two main levels, with four bedrooms and 3 1/2 baths. There is also a 1,500 square foot basement level that is largely heated and cooled, and has an additional bedroom and full bath. In addition, a 725 square foot, "drive-through" garage runs along the back of the home via a circular drive **

    Zillow last checked:

    Listing updated:

    Listed by:

    Anna Johnson 850-982-4675,

    DONOVAN REALTY, INC,

    Martin Donovan 850-382-6104,

    DONOVAN REALTY, INC

    Bought with:

    Christina Brunet Sabastia

    Levin Rinke Realty

    Source: PAR,MLS#: 638019MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Sun Room, Office
    Primary bedroom
    • Level: Second
    • Area: 300
    • Dimensions: 15 x 20
    Bedroom
    • Level: Second
    • Area: 221
    • Dimensions: 13 x 17
    Bedroom 1
    • Level: Second
    • Area: 182
    • Dimensions: 13 x 14
    Dining room
    • Level: First
    • Area: 255
    • Dimensions: 15 x 17
    Kitchen
    • Level: First
    • Area: 104
    • Dimensions: 8 x 13
    Living room
    • Level: First
    • Area: 510
    • Dimensions: 17 x 30
    Office
    • Level: First
    • Area: 168
    • Dimensions: 12 x 14
    Heating
    • Multi Units, Central, Fireplace(s)
    Cooling
    • Multi Units, Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Water Heater, Dishwasher, Disposal, Microwave, Refrigerator
    • Laundry: Inside, W/D Hookups
    Features
    • Bookcases, Ceiling Fan(s), Crown Molding, High Ceilings
    • Flooring: Hardwood, Tile
    • Windows: Storm Window(s), Shutters
    • Basement: Finished,Unfinished
    • Has fireplace: Yes
    Interior area
    • Total structure area: 4,200
    • Total interior livable area: 4,200 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: 3 Car Garage, Circular Driveway, Oversized
    • Garage spaces: 3
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Porch, Covered Deck
    • Exterior features: Rain Gutters, Dock
    • Pool features: None
    • Fencing: Back Yard
    • On waterfront: Yes
    • Waterfront features: Bayou, Waterfront, Boat Lift, Natural, Pier
    • Frontage length: Water Frontage(172)
    Lot
    • Size: 1.2 Acres
    Details
    • Additional structures: Yard Building
    • Parcel number: 000s009025001071
    • Zoning description: City,Res Single

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mediterranean
    • Property subtype: Single Family Residence
    Materials
    • Brick, Concrete, Frame
    • Foundation: Off Grade
    • Roof: Clay Tiles/Slate
    Condition
    • Resale
    • New construction: No
    • Year built: 1925

    Utilities & green energy

    • Electric: Circuit Breakers, Copper Wiring
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: New City Tract
    HOA
    • Has HOA: No
    Location
    • Region: Pensacola

    Financial & listing details

    • Price per square foot: $595/sqft
    • Tax assessed value: $1,360,366
    • Annual tax amount: $22,682
    • Price range: $2.5M - $2.5M
    • Date on market: 12/27/2023
    • Cumulative days on market: 26 days

    Price history

    DateEventPrice
    2/23/2024Pending sale$2,875,000+15%$685/sqft
    Source: PAR #638019 Report a problem
    2/22/2024Sold$2,500,000-13%$595/sqft
    Source: PAR #638019 Report a problem
    1/22/2024Contingent$2,875,000$685/sqft
    Source: PAR #638019 Report a problem
    12/27/2023Listed for sale$2,875,000+400%$685/sqft
    Source: PAR #638019 Report a problem
    5/5/2003Sold$575,000$137/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$22,682 +164.3%$1,360,366 +2.6%
    2023$8,581 +2.4%$1,325,574 +7%
    2022$8,380 +0.6%$1,238,467 +10.8%
    2021$8,330 +2.8%$1,117,404 +3.7%
    2020$8,104 +1.8%$1,077,716 +2.4%
    2019$7,963 $1,052,126 +117%
    2018$7,963 +0.4%$484,915 +2.1%
    2017$7,934 +0.5%$474,942 +4.2%
    2016$7,896 +3.1%$455,954 +0.7%
    2015$7,662 $452,785 +0.8%
    2014$7,662 $449,192 +1.5%
    2013-- $442,554 +1.7%
    2012-- $435,157 +3%
    2011-- $422,483 +1.5%
    2010-- $416,240 +2.7%
    2009-- $405,297 +0.1%
    2008-- $404,893 +3%
    2007-- $393,100 +2.5%
    2006-- $383,520 +3%
    2005-- $372,350 +3%
    2004-- $361,500 +1.9%
    2003-- $354,760 +2.4%
    2002-- $346,450 +1.6%
    2001-- $340,990 +3%
    2000-- $331,060 +2.7%
    1999-- $322,360
    Find assessor info on the county website

    Neighborhood: Goulding

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: A.K. Suter
    • Middle: WORKMAN
    • High: Pensacola

    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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