Banana Bay Homes under $700,000

Welcome to Banana Bay, a hidden gem nestled in the heart of Escambia County, Florida. This charming subdivision offers a delightful blend of coastal living and suburban tranquility, making it the perfect place for families, retirees, and anyone looking to enjoy the best of what Florida has to offer.

Banana Bay is renowned for its picturesque scenery, featuring lush landscapes and beautiful waterways that invite residents to explore the great outdoors. With a variety of recreational activities at your fingertips, from boating and fishing to hiking and biking, adventure awaits just around the corner. The community is also conveniently located near stunning beaches, vibrant shopping districts, and top-rated schools, ensuring that everything you need is within easy reach.

One of the most appealing aspects of Banana Bay is the diverse selection of homes available, many of which are priced under $700,000. This makes it an attractive option for first-time homebuyers and those looking to downsize without compromising on quality. The homes in this subdivision boast modern designs, spacious layouts, and inviting outdoor spaces, perfect for entertaining or enjoying a peaceful evening under the stars.

Living in Banana Bay means embracing a lifestyle filled with sunshine, community spirit, and endless opportunities for relaxation and recreation. Whether you're sipping your morning coffee on a sun-drenched patio or taking a leisurely stroll through the neighborhood, you'll quickly discover why Banana Bay is one of Escambia County's most sought-after communities. Come experience the charm and warmth of Banana Bay—your dream home awaits!

Newest Banana Bay Homes under $700,000

$624,900

4 Beds ⋅ 3 Baths ⋅ 685682 MLS

SELLER CONCESSION AVAILABLE WITH AN ACCEPTABLE OFFER! TURNKEY 4BR/3BA COASTAL RETREAT | BUILT IN 2020 | MAIN-LEVEL LIVING | FULLY FURNISHED Discover an exceptional opportunity in Banana Bay, just minutes from Perdido Key's Gulf beaches. Built in 2020 and substantially newer than many homes in the community, this fully furnished 4BR/3BA residence combines newer construction, generous living space, zero-step entry, and a versatile two-story floor plan. From the private 2-car paved driveway, a zero-step entry leads to an open kitchen, dining, and living area with patio access. The main level includes the primary suite, a second bedroom, and an additional full bath, providing the convenience of two bedrooms and two full baths without having to access the second floor. Upstairs offers two additional bedrooms, a third full bath, two flexible bonus rooms, an additional laundry area, and two walk-in closets—providing plenty of options for office space, hobbies, storage, and extra living space. Built with concrete, block, and steel and topped with a metal roof, the home was designed for durability. Step outside to the private patio overlooking the green fairways of Lost Key Golf Course, an Arnold Palmer-designed course, and Audubon Sanctuary. The golf course entrance is conveniently located across the street. Banana Bay amenities include a private community beach along the Intracoastal Waterway, swimming pool, hot tub, fitness center, and sauna. Johnson Beach and Gulf beaches are less than 2 miles away, with convenient access to Perdido Key dining, recreation, and entertainment. Offered fully furnished and ready for its next owner, this coastal property combines newer construction, flexible living space, community amenities, and a desirable Perdido Key location. Information deemed reliable but not guaranteed—buyer and buyers agent to verify all information.

13941 Del Rio Dr, Pensacola

Listing courtesy of Levin Rinke Realty.

$560,000

3 Beds ⋅ 3 Baths ⋅ 683740 MLS

Now paying ALL OF THE BUYERS CLOSING COST! Your tropical paradise awaits! Driving over the bridge to Perdido Key, the first thing you will see are the brightly-colored townhomes of Banana Bay! You'll feel as if you've been swept away to one of the Dutch Caribbean islands, like Aruba or Curacao, when you drive into the gated community. Whether you're looking for a primary residence, second home, or investment property, this townhome offers the perfect blend of coastal living and resort-style amenities and it comes FULLY FURNISHED! One of the standout features of Banana Bay is its PRIVATE beach on the Intracoastal Waterway. Residents enjoy direct access to a sandy waterfront area that's perfect for relaxing, paddle boarding, kayaking, fishing, or watching some of the most beautiful sunsets on the Gulf Coast. For peace of mind this town home was built with ICF construction. Inside, you'll find a spacious floor plan with almost 1900 SQft. The open living and dining areas make entertaining easy, while the generous bedrooms provide comfort for family and guests alike. Plus a HUGE BONUS room upstairs that makes for an amazing game room/ extra bedroom! Banana Bay offers an impressive list of amenities including a community pool, sauna, fitness center, clubhouse, marina, and private beach access.You also have the Lost Key Golf course directly across the street from you! The community is also conveniently located just minutes from Johnson Beach, Big Lagoon State Park, NAS Pensacola, waterfront restaurants, and the sugar-white sands that make Perdido Key one of Florida's best-kept secrets. Whether you're spending your days boating, fishing, enjoying the beach, Golfing or simply relaxing by the water, this home puts you in the center of everything that makes coastal living so special. Don't miss this one! To set up your private tour or to get the link to the walk through video of this property click the "Contact Joshua" button on the right of this page.

6079 Valhalla Ave, Perdido Key

Listing courtesy of Serhant Florida LLC.

$589,900

4 Beds ⋅ 3 Baths ⋅ 677154 MLS ⋅ Banana Bay BLDG.

ALL REASONABLE OFFERS WILL BE CONSIDERED. Banana Bay is a gated waterfront community on Perdido Key-one of the most recognizable properties with brightly colored townhomes that whisk you away to island living. This property is nestled along the intracoastal waterway where you can enjoy the beautiful private white sandy beach. This stunning, blue lapiz 3-bedroom (and bonus room/loft), 2.5-bath, 1 car garage townhome is fully furnished and move in ready. Short, long and vacation rentals are permitted. Built in 2017 using ICF, (superior construction), and a metal roof, this property offers strength, energy efficiency, and storm resistance, advantages for long-term ownership and reduced maintenance costs. The property boasts 2,098 sq ft and the open-concept layout that provides generous living and dining areas for owner occupancy and short or long-term rental use. The spacious kitchen is adjacent to the laundry room and features ample cabinetry and functional workspace, flowing seamlessly into the dining area and the main living area for easy entertaining. The primary suite is located on the main level, enhancing privacy and accessibility, and includes an ensuite bath with double vanity, soaking tub, and separate walk-in shower. Two additional bedrooms, a second full bath, and a versatile loft/bonus area provide flexible accommodations. Plenty of storage throughout the home, including the walk-out attic space, supports beach and boating lifestyles. Banana Bay is a 57-unit gated community offering resort-style amenities. Residents enjoy exclusive access to a private sandy beach along with resort-style amenities including a pool, hot tub, sauna, steam room, fitness center, and clubhouse with a kitchen and gathering space. The low HOA fee of $4,620 per year includes cable, internet, trash service, landscaping, and amenity maintenance. With boating, dining, and sugar-white beaches nearby, easy access to Orange Beach and Pensacola, this is Coastal living at its best.

13909 Del Rio Dr Unit #13909, Pensacola

Listing courtesy of Gwen Vigon Realty LLC.

Start Your Search

Copyright© 2016 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

© Baldwin County Association of Realtors, Inc. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on .