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Opportunity awaits in historic Pensacola! Conveniently located just minutes from vibrant downtown Pensacola, this charming cottage offers plenty of potential for investors, renovators, or buyers looking to make a home their own. Featuring vinyl siding, vinyl flooring, and newer appliances, the property provides a starting point for your vision. With some updates and improvements, this home could be transformed into a wonderful primary residence or investment property. Enjoy close proximity to downtown's popular restaurants, boutique shopping, art galleries, entertainment, and the lively Palafox Street district. Spend weekends exploring the Palafox Market, catching a Blue Wahoos game, or enjoying the waterfront at Community Maritime Park. Convenient access to major roadways and Pensacola's beautiful beaches adds to the appeal. Whether you're looking for your next renovation project, an investment opportunity, or a home to personalize, this property offers possibilities in a convenient Pensacola location. Bring your vision and explore the potential!

Highlights

  • Residential
  • Single Family Residence
  • Built in 1942
  • 0.2595 Acre Lot
  • 4 days on Market

  • Bedrooms
    3
  • Bathrooms
    1
  • Year Built
    1942
  • Stories
    1.0
  • Architectural Style
    Cottage
  • Construction Materials
    Frame
  • Living Area
    1102.0
  • Appliances
    Electric Water Heater, Refrigerator
  • Patio And Porch
    Porch
  • Pool Features
    None
  • Cooling
    Ceiling Fan(s), Central Air
  • Heating
    Central

  • Acres
    0.2595
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of 1203 W Gregory?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 1203 W Gregory.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 1203 W Gregory?

Click Ask a Question to talk with our team. You already know it is a 3 bed, 1 bath, listed for $173,500. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Pensacola, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 1203 W Gregory?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 1203 W Gregory at around $987. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 1203 W Gregory?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Escambia County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 1203 W Gregory?

In most cases, yes. Whether 1203 W Gregory is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Pensacola's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 1203 W Gregory?

We can handle that for you. Our preferred local agent specializes in residentials in Pensacola and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $173,500 with 1,102 sqft of space—that comes out to approximately $157 per square foot.

How long has this property been on the market?

1203 W Gregory was listed on November 06, 2026, which means it's been on the market for 4 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1942, making it approximately 84 years old.

What is the lot size of this property?

1203 W Gregory sits on a 0.26-acre lot, which is 11,326 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Global Learning Academy
  • Middle: WARRINGTON
  • High: Pensacola

Want to see how these schools compare? Check out our Escambia County School Guide to see ratings, reviews, and more for the schools in the area.

Is 1203 W Gregory still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Pensacola Association of REALTORS®, Inc. IDX information is provided exclusively 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. Real estate listings held by brokerage firms other than Continental Real Estate Group, Inc are governed by the PAR Rules and Regulations and detailed information about them includes the name of the listing companies. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. Copyright © 2026 Pensacola Association of REALTORS®, Inc. All Rights Reserved.

Last Updated: November 10, 2026 at 08:20AM | Source: Pensacola Association of REALTORS | MLS#: 691008