Mayfair Homes under $200,000

Welcome to Mayfair, a charming subdivision nestled in the heart of Pensacola, Florida, within the picturesque Escambia County. Mayfair is a vibrant community that perfectly blends the warmth of Southern living with the conveniences of modern life. With its tree-lined streets and friendly neighbors, this subdivision offers a welcoming atmosphere that makes it an ideal place to call home.

One of the standout features of Mayfair is its affordability, with a variety of homes available for under $200,000. This makes it an excellent option for first-time homebuyers, young families, or anyone looking to invest in a thriving community without breaking the bank. The homes in Mayfair boast a range of styles, from cozy single-family residences to charming townhomes, ensuring there’s something to suit every taste and budget.

Living in Mayfair means enjoying the best of what Pensacola has to offer. Residents are just a stone's throw away from beautiful beaches, recreational parks, and a bustling downtown filled with shops, restaurants, and cultural attractions. The community is also conveniently located near top-rated schools, making it an ideal choice for families seeking a nurturing environment for their children.

With its affordable housing options, friendly atmosphere, and prime location, Mayfair is more than just a subdivision; it’s a place where community and comfort thrive. If you’re looking for a home that combines value and charm in sunny Florida, Mayfair is waiting for you to make it your own!

Newest Mayfair Homes under $200,000

$110,000

3 Beds ⋅ 1 Baths ⋅ 689464 MLS

Investor Special!— Value-add opportunity in West Pensacola! This 3-bedroom, 1-bath single family home offers 874 sq ft of living space on a fenced-in 0.27-acre lot, built in 1954 with solid bones and great potential for renovation or rental income. Situated on a quiet residential street with easy access to Downtown Pensacola, Pensacola NAS, and major commuter routes including US-90. Property is being sold strictly "AS-IS" and is subject to court approval. Ideal for buyers looking to add value through renovation.

134 Garfield Dr, Pensacola

Listing courtesy of Levin Rinke Realty.

$186,900

3 Beds ⋅ 1 Baths ⋅ 688965 MLS

Welcome home to this beautifully remodeled home offering plenty of space with two separate family rooms! Step inside to a thoughtfully designed floor plan featuring a private living room tucked toward the rear of the home. The adjoining dining area flows into the completely updated kitchen, featuring white shaker cabinetry, stainless steel appliances, butcher block countertops, and a fresh, modern feel. Downstairs, you'll find a spacious bonus family room along with a separate laundry room, providing additional flexibility for everyday living. Down the hall are two oversized bedrooms and a shared full bathroom. Outside, enjoy a spacious, shaded backyard with plenty of room to relax, entertain, or play. With its fresh updates, flexible living spaces, and inviting backyard, this home is ready for its next owners. Schedule your private tour today!

1019 Trenton Dr, Pensacola

Listing courtesy of American Valor Realty LLC.

$185,000

4 Beds ⋅ 2 Baths ⋅ 680644 MLS

Welcome to this 4-bedroom, 1.5-bath home offering approximately 1,300 square feet of comfortable living space on a generous 0.23-acre lot. With thoughtful updates throughout and a spacious fenced backyard, this home is perfect for relaxing, entertaining, or enjoying outdoor activities. Inside, you’ll find recent improvements including new bathroom vanities and fixtures in the full and half bath, stylish new tile tub/shower with new shower head, new blinds throughout, giving the home a fresh, modern feel. The kitchen includes an electric stove, dishwasher, new kitchen sink faucet and the refrigerator will convey with the home. The property also features copper wiring and an HVAC system replaced just a few years ago, providing reliability and comfort year-round. The roof was replaced in 2022, offering added peace of mind. Energy efficiency is a big bonus here, the seller will pay off the solar panels at closing, allowing the new owner to enjoy lower energy costs without the added expense. Outside, the carport includes an enclosed storage room, ideal for tools, equipment, or additional storage and includes a washer/dryer area. The large, fenced yard provides plenty of space for pets, gardening, or outdoor gatherings. There is a generator which will require a new brain board due to a lightening strike.

232 Broussard St, Pensacola

Listing courtesy of REAL ESTATE COUNSELORS.

$120,000

3 Beds ⋅ 2 Baths ⋅ 675881 MLS

Great first time home or investment property in a quiet neighborhood. Bedrooms are spacious, newly painted walls with tile flooring throughout the home. Metal Roof updated 2025. Centrally located to Navy Base, Navy Federal Call Center and much more!!

1007 Kearny Dr, Pensacola

Listing courtesy of Alliance Real Estate.

$126,000

3 Beds ⋅ 1 Baths ⋅ 673818 MLS

Investor Special! Turnkey Income-Producing Property with Long-Term Tenant in Place Through August 2026 This well-maintained property offers strong rental income and major system upgrades already completed for peace of mind: Fully rewired in January 2023 New electric stove (April 2025) New A/C unit (March 2025) New refrigerator (January 2024) Air ducts replaced & insulation blown in (February 2022) New roof (February 2021) Whether you're expanding your portfolio or stepping into your first investment, this property delivers immediate returns and long-term value.

121 W Garfield Dr, Pensacola

Listing courtesy of Southern Homes Realty LLC.

$140,000

3 Beds ⋅ 1 Baths ⋅ 663743 MLS

**Approved Short Sale – Cash Buyers Only** Don’t miss this well maintained 3 bedroom, 1 bath home situated on a spacious ¼ acre lot in central Pensacola. Offering a blend of functionality and outdoor living, this property features a massive garage, a covered outdoor patio, and a separate storage shed—perfect for hobbies, entertaining, or extra storage needs. Inside, you’ll find an easy-to-maintain layout with no carpet and neutral finishes. The home offers comfortable living space with plenty of natural light. The seller is offering to install a new roof with an acceptable offer. Conveniently located just minutes from downtown Pensacola, shopping, restaurants, and recreational spots like the Roger Scott Athletic Complex and Bayview Park. Zoned for Sherwood Elementary, Warrington Middle, and Escambia High School. Easy access to I-110 and just a short drive to Pensacola Beach or NAS. Great opportunity for first-time buyers, downsizers, or investors looking for a solid home with room to grow. Schedule your showing today!

107 W Madison Dr, Pensacola

Listing courtesy of EXP Realty, LLC.

$174,000

4 Beds ⋅ 2 Baths ⋅ 619906 MLS

Incredible investment opportunity! * Tenant-occupied home rented for $1450 , you can either flip the property for a nice profit or continue renting to the same tenant – Property has been renovated to some extent – the fridge was replaced when the tenant took residence, and new A/C was installed in 2017! * The home is in good condition and will make a solid investment. Please verify all features, dimensions, etc that are important to you. * This is an AS-IS / WHERE-IS sale but as noted, the ROOF IS NEW 2021, SEPTEMBER. PAINTED, NEW CARPET ALSO 2021.

1165 Webster Dr, Pensacola

Listing courtesy of Costa Miami Realty, LLC.

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