Homes for sale under $400k in Pensacola, FL

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ABOUT THIS HOME
Homes for sale under $400k in Pensacola, FL
Waterfront 2BR/2BA villa in Perdido Key with stunning Ole River views, private dock, and boat slip! Located in the best spot in charming Molokai Village—directly across from the pool and beach access. Features include updated interiors, stainless steel appliances, modern finishes, and a spacious deck with direct beach access. Ideal for Airbnb, second home, or getaway retreat. Fully furnished and move-in ready!

$400,000

2 beds1.5 baths950 sq ft

16590 Perdido Key Dr Unit 6b, Pensacola, FL 32507

Waterfront villa • Ole river views • Private dock

ABOUT THIS HOME
Homes for sale under $400k in Pensacola, FL
AS IS 3 bedroom, 2 bath home in a convenient area. Roof approximately 2020. New windows approximately 2020. Close to interstate, shopping, grocery stores. Not far to Pensacola Beach.

$400,000

3 beds2 baths1,400 sq ft

21 W Detroit Blvd, Pensacola, FL 32534

Close to interstate • Close to shopping • New windows

ABOUT THIS HOME
Homes for sale under $400k in Pensacola, FL
The roof was replaced with a metal roof years ago! House in a BIG lot! 4 acres! 1929 Vintage Home with Guest Studio on 4 Acres! The fireplace is currently set up for gas logs but can be converted to wood-burning This one-of-a-kind 1929 home offers timeless character, solid bones, and a world of potential. With 1,560 sq ft, this charming property features original hardwood floors and wood-detailed interiors, showcasing the craftsmanship of a classic era. Sitting on a generous 4-acre lot, the home is full of vintage appeal—but it needs repairs and renovation to bring it back to life. Whether you're a homeowner with a vision or an investor looking for your next project, this property pr

$400,000

— beds— baths1,560 sq ft

8300 Gulf Beach Hwy, Pensacola, FL 32507

Guest studio • 4 acres • Detached guest unit

ABOUT THIS HOME
Homes for sale under $400k in Pensacola, FL
This fully furnished three-bedroom, two-bathroom townhouse at 14590 Perdido Key Drive, Unit B1, offers stunning Gulf of Mexico views and direct beach access via a boardwalk. The property has been upgraded with a converted garage, adding two extra bedrooms and an additional bathroom. Plus, there’s a private garage space, and a relaxing pool area just steps away. Perfect for family getaways or as a rental investment! Let me know if there’s anything else you’d like to add! ( ASSOCIATION FEES INCLUDES HOME OWNERS INSURANCE. SO NO INSURENCE ASSESSMENTS AT THE END OF THE YEAR )

$400,000

3 beds2 baths1,300 sq ft

14590 Perdido Key Dr Unit B-1, Pensacola, FL 32507

Converted garage • Private garage space • Relaxing pool area

ABOUT THIS HOME
Homes for sale under $400k in Pensacola, FL
A Family Haven in Northeast Pensacola—Updated, Inviting, and Ready for Memories! Welcome to a home where comfort meets convenience and every detail invites you to settle in and stay awhile. Nestled in a highly desirable North Pensacola neighborhood, this beautifully maintained all-brick residence is the perfect place to raise a family. Inside, enjoy an open floor plan with a freshly updated kitchen—featuring a new appliances and painted cabinets—that flows into a cozy family room with a fireplace. The formal dining room is ideal for hosting holidays and celebrations, while the breakfast nook offers peaceful views of the private backyard, a secluded sanctuary framed by matu

$399,999

3 beds2 baths2,467 sq ft

4112 Croydon Rd, Pensacola, FL 32514

Extra parking • Fenced yard • Private backyard

Property at 802 W Wright St, Pensacola, FL 32501, 3 beds, 2.5 baths

$399,990

3 beds2.5 baths1,880 sq ft

802 W Wright St, Pensacola, FL 32501

Property at 8505 Punta Lora, Pensacola, FL 32514, 3 beds, 2.5 baths

$399,990

3 beds2.5 baths2,082 sq ft

8505 Punta Lora, Pensacola, FL 32514

Property at 1554 Sandcliff Dr, Pensacola, FL 32507, 4 beds, 2 baths

$399,900

4 beds2 baths1,972 sq ft

1554 Sandcliff Dr, Pensacola, FL 32507

Property at 1363 E Baars, Pensacola, FL 32503, 3 beds, 2.5 baths

$399,900

3 beds2.5 baths1,525 sq ft

1363 E Baars, Pensacola, FL 32503

Property at 1080 Chandelle Lake Dr, Pensacola, FL 32507, 3 beds, 2 baths

$399,900

3 beds2 baths1,858 sq ft

1080 Chandelle Lake Dr, Pensacola, FL 32507

Property at 740 Van Kirk Ave, Pensacola, FL 32503, 3 beds, 2.5 baths

$399,900

3 beds2.5 baths1,530 sq ft

740 Van Kirk Ave, Pensacola, FL 32503

Property at 706 Crooked Oak Dr, Pensacola, FL 32514, 3 beds, 3 baths

$399,900

3 beds3 baths2,695 sq ft

706 Crooked Oak Dr, Pensacola, FL 32514

Property at 14265 Gorham Rd, Pensacola, FL 32507, 3 beds, 3 baths

$399,900

3 beds3 baths2,184 sq ft

14265 Gorham Rd, Pensacola, FL 32507

Property at 8122 Sheffield Pl, Pensacola, FL 32506, 4 beds, 2 baths

$399,895

4 beds2 baths1,966 sq ft

8122 Sheffield Pl, Pensacola, FL 32506

Property at 13700 Perdido Key Dr Unit C-247, Pensacola, FL 32507, 3 beds, 1.5 baths

$399,000

3 beds1.5 baths950 sq ft

13700 Perdido Key Dr Unit C-247, Pensacola, FL 32507

Property at 5961 Makenna Dr, Pensacola, FL 32526, 4 beds, 3 baths

$399,000

4 beds3 baths2,751 sq ft

5961 Makenna Dr, Pensacola, FL 32526

Property at 2085 Dovefield Dr, Pensacola, FL 32534, 4 beds, 3 baths

$399,000

4 beds3 baths2,986 sq ft

2085 Dovefield Dr, Pensacola, FL 32534

Property at 551 Batten Blvd, Pensacola, FL 32507, 5 beds, 3 baths

$399,000

5 beds3 baths2,244 sq ft

551 Batten Blvd, Pensacola, FL 32507

Property at 13555 Perdido Key Dr Unit C15, Pensacola, FL 32507, 3 beds, 2.5 baths

$399,000

3 beds2.5 baths1,296 sq ft

13555 Perdido Key Dr Unit C15, Pensacola, FL 32507

Property at 1305 N 8th Ave, Pensacola, FL 32503, 2 beds, 2 baths

$399,000

2 beds2 baths1,208 sq ft

1305 N 8th Ave, Pensacola, FL 32503

Property at 427 Seamarge Ln, Pensacola, FL 32507, 3 beds, 2 baths

$399,000

3 beds2 baths2,149 sq ft

427 Seamarge Ln, Pensacola, FL 32507

Property at 1609 N Spring St, Pensacola, FL 32501, 3 beds, 2.5 baths

$399,000

3 beds2.5 baths2,200 sq ft

1609 N Spring St, Pensacola, FL 32501

Property at 6359 Burrow Ln, Pensacola, FL 32526, 5 beds, 3 baths

$399,000

5 beds3 baths2,502 sq ft

6359 Burrow Ln, Pensacola, FL 32526

Property at 800 N 17th Ave, Pensacola, FL 32501, 2 beds, 2 baths

$399,000

2 beds2 baths1,240 sq ft

800 N 17th Ave, Pensacola, FL 32501

Property at 16300 Perdido Key Dr #14, Pensacola, FL 32507, 2 beds, 2.5 baths

$398,500

2 beds2.5 baths1,392 sq ft

16300 Perdido Key Dr #14, Pensacola, FL 32507

Property at The Madison Plan, Pensacola, FL 32526, 4 beds, 3 baths

$397,900

4 beds3 baths1,968 sq ft

The Madison Plan, Pensacola, FL 32526

Listing provided by Zillow

Property at Drexel Plan, Pensacola, FL 32526, 3 beds, 2 baths

$396,900

3 beds2 baths1,988 sq ft

Drexel Plan, Pensacola, FL 32526

Listing provided by Zillow

Property at 12641 Bahia Ct, Pensacola, FL 32507, 4 beds, 2 baths

$395,000

4 beds2 baths2,234 sq ft

12641 Bahia Ct, Pensacola, FL 32507

Property at 405 Twin Bay Dr, Pensacola, FL 32534, 3 beds, 2 baths

$395,000

3 beds2 baths2,405 sq ft

405 Twin Bay Dr, Pensacola, FL 32534

Property at 1620 E Lloyd St, Pensacola, FL 32503, 2 beds, 2 baths

$395,000

2 beds2 baths1,489 sq ft

1620 E Lloyd St, Pensacola, FL 32503

Property at 1307 Mazurek Blvd, Pensacola, FL 32514, 4 beds, 2 baths

$395,000

4 beds2 baths2,560 sq ft

1307 Mazurek Blvd, Pensacola, FL 32514

Property at 1813 E Maxwell St, Pensacola, FL 32503, 3 beds, 2 baths

$395,000

3 beds2 baths1,634 sq ft

1813 E Maxwell St, Pensacola, FL 32503

Property at 9141 Daytona Dr, Pensacola, FL 32506, 3 beds, 2 baths

$395,000

3 beds2 baths1,895 sq ft

9141 Daytona Dr, Pensacola, FL 32506

Property at 507 Alba Plena St, Pensacola, FL 32507, 3 beds, 2 baths

$395,000

3 beds2 baths1,608 sq ft

507 Alba Plena St, Pensacola, FL 32507

Property at 1323 N 6th Ave, Pensacola, FL 32503, 3 beds, 2 baths

$395,000

3 beds2 baths1,330 sq ft

1323 N 6th Ave, Pensacola, FL 32503

Property at 645 Lost Key Dr Unit 206- D, Pensacola, FL 32507, 3 beds, 2 baths

$395,000

3 beds2 baths1,572 sq ft

645 Lost Key Dr Unit 206- D, Pensacola, FL 32507

Property at 1106 N E St, Pensacola, FL 32501, 3 beds, 2 baths

$394,900

3 beds2 baths1,400 sq ft

1106 N E St, Pensacola, FL 32501

Property at 7950 Klondike Rd, Pensacola, FL 32526, 4 beds, 2 baths

$394,500

4 beds2 baths1,986 sq ft

7950 Klondike Rd, Pensacola, FL 32526

Listing provided by Zillow

Property at 7950 Klondike Rd Unit 25 (lot ), Pensacola, FL 32526, 4 beds, 2 baths

$394,500

4 beds2 baths1,986 sq ft

7950 Klondike Rd Unit 25 (lot ), Pensacola, FL 32526

Property at The Alabaster Plan, Pensacola, FL 32506, 4 beds, 3.5 baths

$390,900

4 beds3.5 baths2,219 sq ft

The Alabaster Plan, Pensacola, FL 32506

Listing provided by Zillow

Property at 6035 Schofield Dr, Pensacola, FL 32505, 4 beds, 3 baths

$390,000

4 beds3 baths2,450 sq ft

6035 Schofield Dr, Pensacola, FL 32505

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Based on information submitted to the MLS GRID as of Tue Dec 02 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Homes for sale under $400k in Pensacola

There are currently 1075 homes for sale under $400k in Pensacola. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Pensacola stay on the market for 88 days and receive 1 offers. Popular neighborhoods include Cordova Park, Downtown Pensacola, Northwest Pensacola, Pensacola Beach, and East Hill. This map is refreshed with the newest listings in Pensacola every 15 minutes.

In the past month, 78 homes have been sold in Pensacola. In addition to houses in Pensacola, there were also 91 condos, 52 townhouses, and 3 multi-family units for sale in Pensacola last month. Pensacola is a minimally walkable city in Escambia County with a Walk Score of 36. Pensacola is home to approximately 51,773 people and 54,607 jobs. Find your dream home in Pensacola using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Pensacola are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Pensacola. Our Pensacola real estate stats and trends will give you more information about home buying and selling trends in Pensacola. If you're looking to sell your home in the Pensacola area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Pensacola with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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Homes for sale under $400k in Pensacola, FL

Homes for sale under $400k in Pensacola

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