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815 S Palafox Street
Pensacola, FL 32502

$9,700,000 - Status: Active
Bed Icon Beds: 0
Bath Icon Baths:
Sq Feet Icon SQFT (H&C): 21,720
MLS Icon MLS# 780409

The Phillips Portfolio represents a once-in-a-generation opportunity to invest in one of America's most dynamic growth markets. The Portfolio has been strategically assembled to include an inventory of 42 high-value assets. These assets span across Northwest Florida and include residential, commercial, and industrial assets. Structured with current income-producing, in-process development parcels and greenfield land opportunities. The Phillips Portfolio offers above-market return opportunities across the immediate, medium, and long-term investment horizons. Inquire with Listing Agents for full portfolio information. Located along the waterfront in the center of Downtown Pensacola's entertainment and business district, the Palafox Icehouse presents a rare and dynamic investment opportunity. With three stories and waterfront views, this iconic property blends rich industrial character with prime positioning along one of the city's most sought-after corridors, surrounded by a vibrant mix of restaurants, retail, entertainment, and residential developments. Currently leased to two long-term finance and legal tenants with over 15 years of occupancy, with approximately 36 months remaining on existing leases. It is available for sale individually or as part of a portfolio.

Property Features

MLS#: 780409
Zip: 32502
Subdivision:
Development: 1302 - Escambia - Pensacola
Property Type: Commercial - Business
Days on Site: 175
Lot Size: 0.37 acres
Stories: 3.0
Year Built: 1999
SQFT (H&C): 21,720

Feature Descriptions

Parcel#: 00-0S-0091-0005-0050
Waterfront: Bayfront, Gulf Access

Local Schools

High School: Other
Middle School: Bailey
Elementary School: Hellen Caro

815 S Palafox Street | MLS# 780409

This commercial property located at 815 S Palafox Street, Pensacola, FL 32502 is currently listed for sale with an asking price of $9,700,000. Search Pensacola real estate on the-beninateam.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: NAI TALCOR

Shown By

Agent Name: Lauren and Nick Beninate
Agent Phone: (706) 615-5336
Agency Title: Beachy Beach Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/09/2026. The listing information on this page last changed on 04/09/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 04/09/2026 8:23:09 AM EST) or Emerald Coast MLS (last updated Thu 04/09/2026 8:15:28 AM EST) or Central Panhandle Association of Realtors (last updated Thu 04/09/2026 1:17:22 AM EST). Real estate listings held by brokerage firms other than Beachy Beach Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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