E Zarragossa St

Pensacola | Florida

The Essence of

Home Life

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Melissa Bianca

Presented At

$2,249,999

Bedrooms

Bathrooms

433 E Zarragossa St, Pensacola, FL, 32502, USA, Pensacola, Florida, United States. - Photo 1

433 E Zarragossa St, Pensacola, FL, 32502, USA, Pensacola, Florida, United States. - Photo 2

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433 E Zarragossa St, Pensacola, FL, 32502, USA, Pensacola, Florida, United States. - Photo 4

433 E Zarragossa St, Pensacola, FL, 32502, USA, Pensacola, Florida, United States. - Photo 5

433 E Zarragossa St, Pensacola, FL, 32502, USA, Pensacola, Florida, United States. - Photo 6

433 E Zarragossa St, Pensacola, FL, 32502, USA, Pensacola, Florida, United States. - Photo 7

433 E Zarragossa St, Pensacola, FL, 32502, USA, Pensacola, Florida, United States. - Photo 8

433 E Zarragossa St, Pensacola, FL, 32502, USA, Pensacola, Florida, United States. - Photo 9

433 E Zarragossa St, Pensacola, FL, 32502, USA, Pensacola, Florida, United States. - Photo 10

433 E Zarragossa St, Pensacola, FL, 32502, USA, Pensacola, Florida, United States. - Photo 11

433 E Zarragossa St, Pensacola, FL, 32502, USA, Pensacola, Florida, United States. - Photo 12

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433 E Zarragossa St, Pensacola, FL, 32502, USA, Pensacola, Florida, United States. - Photo 18

433 E Zarragossa St, Pensacola, FL, 32502, USA, Pensacola, Florida, United States. - Photo 19

433 E Zarragossa St, Pensacola, FL, 32502, USA, Pensacola, Florida, United States. - Photo 20

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433

E Zarragossa St

Pensacola | Florida

433 E Zarragossa St, Pensacola, FL, 32502, USA, Pensacola, Florida, United States. , Pensacola , Florida 32502

beautifully restored Victorian home with lush landscaping

This beautifully restored Victorian home blends timeless architecture with modern luxury in one of downtown Pensacola’s most desirable neighborhoods. This residence offers a rare opportunity to own a piece of Pensacola’s history while enjoying modern comfort and design. Every detail has been thoughtfully updated, preserving the home’s character while adding designer finishes throughout. Ideally located just steps from downtown Pensacola’s festivals, restaurants, and boutique shops, it offers the perfect blend of history, sophistication, and walkable coastal living on a quiet residential street with private parking. Rich hardwood floors, tall ceilings, and designer lighting highlight its craftsmanship. A remodeled kitchen offers ample counter space and a main focal point of the home. The family room centers around a beautiful fireplace, creating a warm focal point that complements the home’s charm. The space features Sub-Zero refrigerator drawers, a wine cooler, and beautifully updated fixtures. A hidden bookcase off the office leads to the first-floor primary suite, adding a distinctive architectural touch with historic intrigue. The primary suite includes dual walk-in closets and a luxurious bath with a soaking tub, double vanities, and an oversized walk-in shower. Upstairs are three spacious bedrooms with custom walk-in closets, a large storage closet, and a secondary living area with a wet bar that opens to a balcony overlooking the backyard and bay. A private guest home in the backyard offers its own bath and flexible living space for guests or a studio. The courtyard-style yard connects both homes, creating a serene outdoor retreat framed by lush landscaping and privacy fencing.

Property

3D Street View Tour

Property Location

433 E Zarragossa St, Pensacola, FL, 32502, USA, Pensacola, Florida, United States., Pensacola Florida

Local Weather & Climate

Pensacola, Florida

Current Conditions Updated recently

64 °F

Moderate rain

Feels Like 64°F

Humidity 94%

Wind 23 mph

Visibility 4 mi

Sunrise 12:02 PM

Sunset 11:54 PM

5-Day Forecast

Thu 12 Mar

Rain

High 64°

Low 58°

Fri 13 Mar

Clear

High 67°

Low 50°

Sat 14 Mar

Clear

High 73°

Low 56°

Sun 15 Mar

Clear

High 76°

Low 66°

Mon 16 Mar

Rain

High 72°

Low 50°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Pensacola?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

Down Payment

$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

Potential Tax Benefits (United States)

$0 Est. First Year Interest Deduction

$0 Est. Annual Tax Savings

*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Tax Information Disclaimer

The tax benefit information displayed on this page is provided for general informational and educational purposes only. This information:

Does not constitute tax advice and should not be relied upon as such. Tax laws are complex and vary by jurisdiction, individual circumstances, and are subject to change without notice.
May not be current or accurate for your specific situation. Tax rules are updated frequently by governments, and the information shown may not reflect the most recent changes.
Uses simplified assumptions that may not apply to your circumstances, including filing status, total income, other deductions, alternative minimum tax considerations, and local tax variations.
Should not be used as the basis for any tax planning decisions or financial strategies without consulting a qualified tax professional licensed in your jurisdiction.

Before making any decisions based on potential tax benefits, you should consult with a qualified tax advisor, certified public accountant (CPA), or licensed tax professional who can evaluate your specific circumstances and provide advice tailored to your situation.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

$2,249,999

433 E Zarragossa St, Pensacola, FL, 32502, USA, Pensacola, Florida, United States.

Pensacola, Florida 32502

4 Beds

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Market Opinion

Luxury 5.2× median

View prices in:

Our perspective on current market conditions in Pensacola. For informational purposes only — always consult a licensed real estate professional before making decisions.

Neutral Market

Balanced conditions. Negotiate wisely.

Buyer Score

Prices are up 20% year-over-year

Homes are taking 94 days to sell - more time to negotiate

Homes selling 2.6% below asking price on average

Local Market Price Trends

Median home sale prices in Pensacola, Florida — ZIP code 32502 over the last 24 months. This shows how property values in this neighborhood have changed over time, helping you understand whether the market is appreciating, stable, or cooling.

This property is listed at $2,249,999

Area median: $434,080

+20.0% year-over-year (well above the 3.5% historical avg)

Market Competition

94 days

Days on Market

Above typical

97.4%

Sale-to-List Ratio

Below asking

Future Value & Wealth Building

Starting investment: $2,249,999 20% down ($450,000)

9.5 years

Double Your Investment

Based on current market trends, your property value could double

$3,114,088

10-Year Equity

Your potential equity after 10 years of payments and appreciation

+$1,283,712

Appreciation Beats Rent

Potential gain vs 10 years of renting a similar home

$11,975

Monthly Investment

Estimated monthly mortgage payment (principal & interest)

$19,972,503

30-Year Wealth Potential

Total equity after full mortgage payoff with market appreciation

6.9x

Leverage Power

Your $450,000 down payment could grow to $3,114,088 in equity (10 yrs)

Investment Perspective

$1 → $2.07

Every dollar invested today could become $2.07 in 10 years

$100 → 207 $1,000 → $2,071

$465/day

Your home may appreciate while you sleep

$3,267/week $14,155/mo $169,863/yr

$100K Investment Comparison (10 Years)

Real Estate (Leveraged)

$635K

S&P 500 Index

$259K

High-Yield Savings

$155K

Real estate leverage: potential 145% advantage over stocks

-$1.2M

+$3.1M

$3.1M Potential Equity

vs $1.2M lost to rent over 10 years

$450K Down Payment Growth

6.9x

10yr

$3.1M

19.1x

20yr

$8.6M

44.4x

30yr

$20.0M

Wealth Comparison

×48

Equivalent to 48 average US homes

top 5%

US household wealth ranking

Median: $193K Yours: $20.0M

Time to Double Your Investment (accounting for market cycles)

16.9

years

Conservative

4.2% effective/yr

9.5

years

Market-Based Above Avg

7.55% effective/yr

8.5

years

Optimistic

8.54% effective/yr

Projected Home Values (adjusted for market cycles)

10 Years

Conservative $3.4M +51%

Market $4.7M +107%

Optimistic $5.1M +127%

$3.1M est. equity

20 Years

Conservative $5.1M +128%

Market $9.6M +329%

Optimistic $11.6M +415%

$8.6M est. equity

30 Years

Conservative $7.7M +243%

Market $20.0M +788%

Optimistic $26.3M +1,069%

$20.0M est. equity

Historical Market Context

How current appreciation compares to long-term averages

National Long-Term Average

4.27 %

1967 – 2024

57 years of U.S. home price data

Recent Decade Average

6.5 %

2014 – 2024

Post-recovery bull market

Above Historical

Current 8.5% appreciation exceeds the national historical average (4.3%). Market-based projections reflect current conditions that may moderate over time.

Projections account for historical market cycles (~12% corrections every 6 years). Effective annual growth after corrections: 7.5%. Market scenario reflects current 8.5% YoY trend from Redfin (Dec 2025). These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Important Disclaimer

The information presented in this Market Opportunity Opinion is provided for informational and educational purposes only and should not be construed as financial, investment, legal, or real estate advice. This analysis represents our opinion based on publicly available data and should not be relied upon as the sole basis for any real estate or investment decision.

No Guarantee of Accuracy: While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the data, projections, or analysis contained herein. Market conditions can change rapidly and unpredictably.

Not Professional Advice: This content does not constitute professional real estate, financial, or investment advice. We strongly recommend consulting with qualified professionals—including licensed real estate agents, financial advisors, attorneys, and tax professionals—before making any real estate or investment decisions.

Past Performance Disclaimer: Historical data and trends presented do not guarantee future results. Real estate markets are subject to numerous factors beyond the scope of this analysis, including economic conditions, interest rates, local regulations, and unforeseen events.

By viewing this information, you acknowledge that you understand these limitations and agree that the property owner, listing agent, brokerage, and platform providers shall not be held liable for any decisions made based on this analysis.

Data from U.S. Census Bureau, World Bank, Zillow, and Redfin | Market data updated Dec 2025

Neighborhood Demographics

ZIP 32502 • 2022 ACS Data

3,887 Population

Median Age: 39.0

$65,713 Median Income

Average

$233,900 Median Home Value

Rent: $1,173

36.5% College Graduates

Above Average

Housing

Homeowners 40.7%

Renters 37.6%

Vacancy Rate 21.6%

Employment

3.2% Unemployment

21.8% Work From Home

Education Attainment (Age 25+)

High School+ 90.9%

Bachelor's+ 36.5%

Graduate+ 15.9%

Data from U.S. Census Bureau American Community Survey 2022

Local Market Trends

Real estate market data for Pensacola

Cold Market More inventory, buyers have negotiating power

$434,080

Median Sale Price

$258

Price per Sq Ft

Avg Days on Market

Data provided by RentCast

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does 433 E Zarragossa St, Pensacola, FL, 32502, USA, Pensacola, Florida, United States have?

This house at 433 E Zarragossa St, Pensacola, FL, 32502, USA, Pensacola, Florida, United States features 4 bedrooms.

What is the listing price for 433 E Zarragossa St, Pensacola, FL, 32502, USA, Pensacola, Florida, United States?

This property is listed at $224,999,900.

What are the current real estate market conditions in Pensacola?

In Pensacola, home prices have increased 20% over the past year, homes typically sell within 94 days, it's currently a unknown. These market conditions can affect pricing strategies and negotiation opportunities.

Is now a good time to buy a home in Pensacola?

Based on current market indicators, Pensacola shows an active market. The market opportunity score is 50 out of 100, reflecting factors like price trends, inventory levels, and days on market.

What type of property is 433 E Zarragossa St, Pensacola, FL, 32502, USA, Pensacola, Florida, United States?

This is a house located in Pensacola, Florida. The property is situated in an established neighborhood with convenient access to local amenities and services.

Brokerage: