For sale Home

Listed Nov 2, 2026

$1,150,000 Est. $7,606/mo

693 Palomar Drive

  • 3

    Beds

  • 3

    Baths

  • 3,470

    Sq ft

The story

  • Waterfront

Waterfront living on Bayou Grande with spectacular sunsets, TWO private boat slips, and a front-row seat to the Blue Angels! Located in a gated waterfront community, this beautifully updated 3-bedroom home at 697 Palomar Drive includes the adjacent waterfront lot at 693 Palomar Drive. Together, these two parcels offer additional space, privacy, and possibilities just 10 minutes from downtown Pensacola! Inside, the spacious floor plan features a renovated kitchen, updated bathrooms, and large windows that bring in natural light and frame beautiful bayou views. Three generously sized bedrooms, plus a dedicated office, oversized laundry room, and spacious primary suite with an impressive walk-in closet provide plenty of room for everyday living and entertaining. The expansive waterfront patio is ideal for outdoor dining, morning coffee, or watching the sunset over Bayou Grande. With two private boat slips, boating enthusiasts will appreciate the convenience of getting out on the water for fishing, cruising, or exploring the surrounding waterways. And with NAS Pensacola nearby, you can watch the Blue Angels practice right from your patio! The additional waterfront lot offers flexibility, whether you want to maintain it for added privacy or explore the possibility of installing a pool or expanding the existing home, subject to applicable approvals. Just 10 minutes from downtown Pensacola, you'll enjoy easy access to restaurants, shopping, galleries, and entertainment while enjoying the privacy of waterfront living. NAS Pensacola, Pensacola Country Club, and the Gulf Coast's white-sand beaches are also nearby. HOA-maintained landscaping adds to the convenience of this low-maintenance lifestyle. With two waterfront parcels and two private boat slips included, this property offers a unique opportunity to enjoy the best of Pensacola waterfront living.

Facts & features

Home type

Home

Year built

2001

Floors

2

Price per sq ft

$331

HOA

$1,800 / annually

Parking

2-car garage

Included features

  • Fireplace

    Yes

  • Cooling

    Central Air, Ceiling Fan(s)

  • Heating

    Central

  • Appliances

    Electric Water Heater, Double Oven

  • Flooring

    Tile, Simulated Wood

  • Roof

    Shingle

  • Lot Information

    Cul-De-Sac

  • Exterior

    Balcony, Dock, Boat Slip

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$7,606 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $6,121
  • Property tax $1,150
  • Insurance $335

Includes principal, interest, taxes & insurance.

Your Property Journey

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Listing Broker

Levin Rinke Realty

Broker Name

Levin Rinke Realty

Agent

Katy Collins

Location

Pensacola FL 32502