Key West, Pensacola, FL Homes between $1,000,000 and $1,500,000 for Sale

Key West and Pensacola, Florida, offer a unique blend of stunning coastal living and vibrant communities, making them highly sought-after locations for homebuyers. The real estate market in these areas features a diverse array of properties, from charming bungalows with historic character in Key West to modern beachfront homes in Pensacola. Potential homeowners will find spacious layouts, picturesque views, and proximity to beautiful beaches, recreational activities, and local attractions. Both cities provide a rich cultural heritage and a laid-back island lifestyle, making them ideal for anyone looking to invest in a second home, vacation getaway, or permanent residence. With the allure of warm weather year-round, outdoor adventures, and a thriving social scene, buying a home in Key West or Pensacola is truly an opportunity to embrace the Florida lifestyle.

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Newest Key West, Pensacola, FL Homes between $1,000,000 and $1,500,000 for Sale

$1,200,000

5 Beds ⋅ 3 Baths ⋅ 674082 MLS

Welcome to one of the most desirable locations on the island—where beach days, boat days, and coastal living come together. This low-density, gated community is perfectly positioned on Ole River and within walking distance to the white-sand beaches, the legendary Flora-Bama Lounge, and just a quick boat ride to the Gulf of Mexico. With no rental restrictions, this property offers excellent potential for a vacation rental or second home. Enjoy the convenience of your private boat slip with lift, located only yards from the home. This residence features standout curb appeal with its coastal colors and inviting porch. Inside, you'll find soaring ceilings, abundant natural light from numerous windows, wood and tile flooring throughout, crown molding, and beautifully appointed spaces. The floor plan offers generous room for family and guests with four bedrooms plus a loft currently used as a fifth bedroom. The recently renovated kitchen is a showpiece with new stainless appliances, quartz countertops, subway tile backsplash, and a custom built-in dining bench. When it’s time to unwind and enjoy stunning Gulf Coast sunsets, take the private elevator down to the screened-in porch or the covered back deck—perfect for relaxing, grilling, or entertaining. Ample storage is available underneath the home for vehicles, fishing gear, paddleboards, kayaks, and all your water toys.

224 Key Largo Pl, Pensacola

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