Pensacola Homes under $200,000

Welcome to Pensacola, Florida – a vibrant city where sun-kissed beaches meet rich history, making it an ideal place to call home! Nestled in Escambia County, Pensacola boasts a unique blend of Southern charm and coastal allure, offering residents a lifestyle that’s both relaxed and engaging.

With its picturesque waterfront, the city is known for its stunning white-sand beaches, perfect for sunbathing, swimming, and water sports. History enthusiasts will delight in exploring the historic downtown, where charming architecture tells stories of the past, and cultural landmarks like the National Naval Aviation Museum pay homage to the city's naval heritage.

For those looking to plant roots without breaking the bank, Pensacola offers an array of homes under $200,000. This affordability opens the door for first-time buyers, families, and retirees alike to find their dream home in this idyllic setting. Whether you’re seeking a cozy cottage, a modern townhouse, or a spacious family home, Pensacola’s real estate market has something for everyone.

Imagine sipping your morning coffee on a sunny porch or enjoying a barbecue in your backyard while the gentle sea breeze wafts through. With a cost of living that’s lower than the national average, you can enjoy the lifestyle you’ve always dreamed of without compromising on quality.

Explore the opportunities that await in Pensacola, where your perfect home is just a heartbeat away from sandy shores and a welcoming community. Discover why so many are choosing to make this beautiful city their forever home!

Newest Pensacola Homes under $200,000

$125,000

1 Beds ⋅ 1 Baths ⋅ 689855 MLS ⋅ Bay Winds BLDG.

Enjoy waterfront living in this charming 1-bedroom, 1-bath condo located in the Bay Winds complex along Scenic Highway in Southeast Pensacola. This third-floor unit offers beautiful views of Pensacola Bay from the community and is conveniently located just minutes from downtown Pensacola, shopping, dining, and area beaches. Bay Winds features a charming New Orleans-style courtyard and a well-maintained inground pool overlooking the bay. The unit is accessible by stairs or elevator and features a fully tiled interior with a spacious living room and dining area. The kitchen is equipped with a refrigerator, dishwasher, and stove. The large bedroom offers a ceiling fan and two closets, while the bathroom features a tiled shower and vanity. Water Heater was replaced in 2016 and the HVAC system was replaced in 2020. There is no in-unit laundry; however, coin-operated washers and dryers are conveniently located on-site. Photos were taken before current tenant moved in.

600 Scenic Hwy Unit #315, Pensacola

Listing courtesy of REALTY MASTERS.

$139,900

3 Beds ⋅ 2 Baths ⋅ 689832 MLS

Solid Block home that's located on a nice size lot in the middle of town. Home has been well maintained and has some recent updates. Perfect for first time homebuyers, potential landlords, or Flippers. Fresh paint job, Tile floors, and new lighting throughout make this home a must see! Easy to show, schedule your showing today!

4520 Guerlain Way, Pensacola

Listing courtesy of Realty Connections, LLC.

$182,500

3 Beds ⋅ 2 Baths ⋅ 689826 MLS

Bring your finishing touches to this 3-bedroom, 1.5-bath brick home on a slab foundation, offering approximately 1,325 square feet. Granite kitchen countertops and a converted garage provide a starting point for your next home or renovation project. The converted space offers flexibility for a den, office, or possible fourth bedroom, subject to verification; its closet currently serves as a laundry closet. The home was reportedly remodeled when the seller purchased it in 2019 and is now ready for cosmetic updates, including paint, some flooring, and minor fence repairs. Roof and HVAC are reported to be approximately 10 years old. Explore the possibilities and make it your own! Buyer to verify square footage, condition, permits, and suitability of the converted space for the intended use.

8659 Faye Ave, Pensacola

Listing courtesy of Joseph Walter Realty, LLC.

$139,900

2 Beds ⋅ 1 Baths ⋅ 688880 MLS

The interior is freshly painted and new flooring recently installed, plus new roof installed September 2026.

250 Chestnut St, Pensacola

Listing courtesy of ERIC GLEATON REALTY, INC.

$129,900

3 Beds ⋅ 1 Baths ⋅ 687709 MLS

Solid oportunity at 301 Lakewood Road. Built in 1949, this 3-Bedroom, 1-bathroom home delivers classic character and a functional layout. The propety is situated in an establishd neighborhood directly off of Barrancas Avenue, a historic corridor deeply tied to Pensacola's military roots. For outdoor convenience, the community features sidewalks and it is a short distance from the local "Bark Park", dog park. The location offers easy access to shopping, downtown, and beaches. Plus attic storage over garage. Don't miss the chance to own a piece of classic charm in a highly accessible area.

301 Lakewood Rd, Pensacola

Listing courtesy of ERIC GLEATON REALTY, INC.

$164,500

3 Beds ⋅ 1 Baths ⋅ 689813 MLS

Beautiful Home completely renovated in 2024. This Move-in ready home is located the Oakcrest Neighborhood in Pensacola. This 3-bedroom, 1-bath block home has been freshly painted and offers stylish updates, a functional floor plan and a fenced backyard. Inside, luxury vinyl plank flooring flows throughout the home, complemented by updated lighting and a spacious living room with plenty of room to relax and entertain. The kitchen features granite countertops, a farmhouse-style sink and stainless steel appliances for a fresh, modern look. An inside laundry area adds everyday convenience. Outside, enjoy a fenced backyard with room for pets, play, gardening or outdoor entertaining, along with a one-car carport for covered parking. A metal roof adds to the home's low-maintenance appeal. Conveniently located near shopping, dining and everyday amenities, this updated Pensacola home is ready for its new owner! Located only two homes away from the Oakcrest park. With Oakcrest Park only one home away, you can enjoy convenient access to nearby outdoor recreation and kids playground while still being close to shopping, dining and everyday amenities. This updated Pensacola home is ready for its new owner!

208 Topaz Ave, Pensacola

Listing courtesy of Coldwell Banker Realty.

$190,000

2 Beds ⋅ 2 Baths ⋅ 689810 MLS

Charming 2BD/2BA Cottage with a large bonus room! Looking for easy, low-maintenance living in Pensacola? 3064 Flintlock Dr has it all! This 1,032 sq. ft. home has an amazing an open floor plan, a well-appointed kitchen with a breakfast bar, and a bright living/dining area. The main suite includes a walk-in closet and full bath. Unwind in your bonus room, read, or have game night. Located in the sidewalk-lined Springfield neighborhood, just minutes from military bases, shopping, and Gulf Coast beaches. Highlights: Double parking pad, inside laundry, energy-efficient double-pane windows, and quiet community parks. Don't miss this incredible opportunity—book a showing today!

3064 Flintlock Dr, Pensacola

Listing courtesy of KELLER WILLIAMS REALTY GULF COAST.

$149,900

2 Beds ⋅ 1 Baths ⋅ 689808 MLS

Charming 2-bedroom, 1-bath cottage. This inviting home offers a number of desirable updates, including a roof replaced in 2022, new kitchen cabinets and countertops, fresh interior paint, and double-pane windows. A detached garage provides additional storage or workspace, while the spacious fenced backyard offers plenty of room to relax and entertain and allow your fur babies to run and play. With its combination of updates, charm, and convenient location, this cottage is a wonderful opportunity for those looking for a comfortable home conveniently located near to the Navy bases and beautiful white sand beaches.

53 W Carver Dr, Pensacola

Listing courtesy of GUNTHER PROPERTIES, LLC.

$169,900

2 Beds ⋅ 2 Baths ⋅ 689786 MLS ⋅ Spyglass Point BLDG.

Affordable, immaculately clean upstairs 2BR/2BA condo ideally located in East Pensacola off Scenic Highway, near highly rated schools, grocery stores, dining, downtown and beaches. Upgrades include smooth high vaulted ceilings, wood laminate flooring, new HVAC system in 2021, new roof in 2022, new hot water heater in 2023, new refrigerator/freezer in 2023, enhancing long term value and comfort. Master BR has a large walk-in closet and private bath with vanity. There's a large walk-in storage room off the balcony and extra storage in the laundry room off the kitchen. Two assigned parking spaces and private pool access come with this unit.

2201 Scenic Hwy Unit #H5, Pensacola

Listing courtesy of CENTURY 21 AMERISOUTH REALTY.

$150,000

3 Beds ⋅ 1 Baths ⋅ 689744 MLS

Welcome home! This Pensacola home is ready for its next owner, whether you're looking for an easy, move-in ready start or want to get closer to the beach without paying beach home prices. It's a strong fit for anyone who wants a low-maintenance home close to Pensacola's beaches, dining and entertainment. Homes with this kind of recent upkeep at this price point don't sit long, so schedule your showing today!

48 Pen Haven Dr, Pensacola

Listing courtesy of NextHome Emerald Coast.

$139,900

3 Beds ⋅ 2 Baths ⋅ 689717 MLS

3424 W Brainerd St is a one-story, 3 bedroom, 2 full bath single-family home for sale in Pensacola, FL 32505, with 1,370 sq ft on a 0.17-acre lot in the North Mulworth subdivision of West Pensacola, Escambia County. From the street, the house has frame construction with siding, a composition shingle roof with gable and hip lines, and metal awnings over the front windows. Inside, the living room has original hardwood floors, a ceiling fan and several windows that bring in natural light. The hardwood continues down the hallway into the bedrooms, behind six-panel interior doors. Tile covers the kitchen and baths. The galley kitchen has wood cabinetry, a tall pantry cabinet, a stainless sink under a window, track lighting, a range hood and a dishwasher, and it opens to a dining area under a pendant light. The electric range and refrigerator stay with the home. One bath has a tub and shower combination and the other has a shower surround, and each has a vanity with cabinet storage. The home has central heat and air, ceiling fans, public water and sewer, and a natural gas line and meter. Outside, a covered carport shelters the side entry, which has concrete steps and a handrail. A covered back porch with a storm door steps down to a fenced backyard shaded by large trees, with open lawn running along the side yard. This Escambia County property works as a long-term rental for an investor or as a primary home for an owner occupant who wants original hardwood, tile and a fenced yard.

3424 W Brainerd St, Pensacola

Listing courtesy of Beycome of Florida, LLC.

$85,000

3 Beds ⋅ 2 Baths ⋅ 689715 MLS

1111 W Lloyd St, Pensacola, FL 32501, this property offers an opportunity for an investor, contractor, or buyer looking for a substantial renovation project. The interior has been mostly demolished, giving the next owner a head start on the renovation process and the ability to redesign and finish the home to their own specifications. This is a major renovation project and is being offered strictly AS IS, with the seller making no repairs or improvements. Bring your contractor and your vision. With much of the interior demolition already completed, this property is ready for your taste

1111 W Lloyd St, Pensacola

Listing courtesy of Conna O'Donovan Real Estate LLC.

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