Mirador in Pensacola

Mirador

Established 1988 · Intracoastal West · ZIP 32224

A 1927 historic bayou-front condo in East Hill, owner-occupied, walkable to downtown.

1927 National RegisterBayou-front, owner-occupiedNo short-term rentals
Live Market Pulse
50/100
Momentum
Buyer-Leaning Market (limited data)
Tight supply keeps sellers in control, but dated interiors still trade at a discount, so condition is where buyers win.
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Unlock Off-Market Mirador

Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive Pensacola MLS data14 years of closingsLocal renovation analysisUpdated twice daily
LiveMarket PulsePensacola MLS
$848K
Median Price
0mo
Supply
58days
Avg DOM
Soft
Seller Leverage
n/a
Median $/Sqft
-6%
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"Mirador is a rare 1927 Mediterranean Revival condominium on Bayou Texar in Pensacola's East Hill, on the National Register of Historic Places, and it is the opposite of a vacation rental: the association restricts leasing, so it is an owner-occupied, long-term community. The appeal is genuine historic character and bayou-front living (community pier, pool, kayak access) minutes from downtown, with entry prices well below the East Hill single-family median (one-bedrooms from about $195,000, larger units to about $435,000). The single most important diligence item is the building: as a 1927 coastal condo over three stories it falls under Florida's milestone-inspection and reserve law, and the dues jumped from $450 to $975 a month with a $4,000 assessment in 2025. Buy it for the historic, walkable, owner-occupied character; verify the reserves and the structural status."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Mirador is an established condominium community at 2007 E Gadsden Street in the East Hill neighborhood of Pensacola (Escambia County, 32501), a three-story 1927 Mediterranean Revival building on Bayou Texar with views toward Pensacola Bay.

It is a 16-unit, owner-occupied community of one-, two-, and three-bedroom units (roughly 800 to 1,575 square feet), with a community pool, a bayou-front pier and dock, and kayak access. It is listed on the National Register of Historic Places and was converted to condominiums in 1983.

Critically, it is residential, not a vacation rental: the association restricts leasing (no short-term rentals; a monthly minimum is the presumed standard, confirm in the documents). The monthly dues are $975 (up from $450 in 2025), and no CDD applies.

The appeal is rare historic character and bayou-front, walkable living minutes from downtown, with the strong A.K. Suter Elementary nearby. The single most important consideration is the 1927 building's structural-inspection and reserve status under Florida law, which drove the dues increase and a 2025 special assessment.

Best for

  • Owner-occupants who want rare historic, bayou-front living walkable to downtown
  • Buyers who prefer a stable, owner-occupied building over a rental complex
  • Buyers who will verify the milestone inspection and the reserve and assessment history

Probably not for

  • Investors seeking short-term rental income (the association restricts leasing)
  • Buyers sensitive to a high and rising condo fee
  • Anyone unwilling to underwrite an aging historic building's assessments

How Mirador is performing right now

50/100
momentum
Buyer-Leaning Market (limited data)
Seller's marketBalancedBuyer's market
0Months of supplytight
66Median days on marketdays
0 : 0Under contract vs for salestrong demand
0Sold in last 12 monthsliquidity
+127%Median price since 2012appreciation
+0%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from Pensacola MLS, as of June 11, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Mirador listings and the trailing twelve months of closed sales.

8.6A- score
Momentum intelligence
Momentum buy score

Our proprietary read on how a home in Mirador buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Mirador

Live MLS inventory for Mirador. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Mirador listings as of 2026-06-11, priced high to low. Copyright© 2026 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.. Tap any home to ask about it.

Listing locations from Pensacola MLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

The takeaway

The location is the everyday-convenience case: shopping, schools, and the major roads are all a manageable drive.

Downtown Pensacola (Palafox)~5 min · ~2 miles, walkable district nearby
Pensacola International Airport (PNS)~15 min · ~7 miles
Pensacola Beach~15-20 min · via Gulf Breeze
NAS Pensacola~20-27 min · ~11 miles
Bayou Texar (on-site)~0 min · pier and dock access
I-10 (via I-110)~12-15 min · north

Distances and drive times are approximate and vary with traffic. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near Mirador with Momentum Realty’s local guides.

Pensacola RichelieuPensacola RichelieuPensacola, FL · 0.3 miCountry Club PlaceCountry Club PlacePensacola, FL · 0.4 miLakewoodCottagesLakewoodCottagesPensacola, FL · 0.7 miEPEast Pensacola HeightsPensacola, FL · 0.7 miPensacola Scenic ArmsPensacola Scenic ArmsPensacola, FL · 0.7 miThe NewCity TractThe NewCity TractPensacola, FL · 0.9 miOEOld East Hill PlacePensacola, FL · 1.2 miMHMallory HeightsPensacola, FL · 1.2 miWBWindchase BayPensacola, FL · 1.3 mi

Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr
Mirador (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take
  • Escambia County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Confirm current ratings before relying on them
  • Private and parochial options nearby

Mirador is served by Escambia County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Buying with schools in mind? We can confirm the exact zoned schools for any Mirador address.

The takeaway

What is actually shaping value at Mirador, sourced and dated. The owner-occupant rule, the historic bayou-front character, and Florida's condo-safety law are the facts that matter.

Recent Developments in Mirador

Our read on what is being built around Mirador, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishThe backdrop is a surging East Hill market and a rare historic, bayou-front niche. The recurring item is the 1927 building's structural-inspection and reserve status, which is driving dues and assessments.

Restricted leasing keeps it owner-occupied

BullishThe association restricts leasing (no short-term rentals), keeping the building stable and owner-oriented, a positive for residents. impact
SignificanceRadius: Community

Restricted leasing keeps it owner-occupied

Florida condo-safety law applies to this 1927 building

BearishAs a coastal building over three stories and nearly a century old, it is subject to milestone inspections and full reserve funding; this drove the dues increase and a 2025 assessment. impact
SignificanceRadius: Community

Florida condo-safety law applies to this 1927 building

Surging East Hill market

BullishThe broader East Hill neighborhood rose sharply year over year, and Mirador's entry prices sit well below the single-family median. impact
SignificanceRadius: East Hill

Surging East Hill market

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

Development, infrastructure, retail, and school activity affecting Mirador, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Showing the latest, scroll for all updates ↓

  1. 2025
    Structural

    Dues jump and special assessment under SB-4D

    Mirador's monthly dues rose from about $450 to $975 in 2025 and the association levied a roughly $4,000 special assessment, consistent with Florida's reserve-funding mandate for older condos. Why it matters: Request the milestone-inspection report, reserve study, and assessment history; this is the key diligence item and may signal further capital needs. Source

  2. 2025
    Market

    Active sales despite fee increases

    Two units sold in late 2025 (about $359,000 in August and $435,000 in October) with a one-bedroom listed around $195,000 into 2026, confirming buyer demand despite the fee increase. Why it matters: The historic, walkable character supports demand; comp within the building and budget the fee. Source

Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in Mirador, this is the order of operations we would run, and the one we run for our clients.

1

Get the milestone-inspection and reserve status first. As a 1927 coastal condo, request the inspection report, the reserve study, and the full assessment history before you write.

2

Run the all-in cost with the $975 fee. The dues nearly doubled in 2025; model the all-in monthly cost and budget for the possibility of further assessments.

3

Confirm the leasing rules. Short-term rentals are restricted; confirm the long-term leasing terms if you might rent the unit out.

4

Confirm the building's insurance. Verify the master wind and flood policy and any owner-required coverage on a bayou-front building.

5

Verify the school zone. Confirm the assigned schools by address; the nearby A.K. Suter Elementary is strong, while the zoned middle and high schools rate lower.

Best Buy
A well-kept unit in a building with a completed milestone inspection and a clear reserve and assessment picture, bought as an owner-occupant for the historic, walkable character.
Biggest Risk
A further special assessment from the structural-inspection law, or underestimating the high and rising fee.
Best Lot
Unit floor, layout, and bayou-view orientation vary; weigh those rather than a yard.
Smart Timing
A surging East Hill market supports demand; the key variable is the building's reserve and assessment trajectory.
The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

Mirador is an established condominium community at 2007 E Gadsden Street in East Hill, Pensacola (Escambia County, 32501), a three-story 1927 Mediterranean Revival building on Bayou Texar, listed on the National Register and converted to condos in 1983. It is a 16-unit, owner-occupied community (units roughly 800 to 1,575 square feet) with a pool and a bayou-front pier; the association restricts leasing, so it is not a vacation-rental building. The monthly dues are $975 (up from $450 in 2025) and no CDD applies. The appeal is rare historic, bayou-front, walkable living minutes from downtown; the key consideration is the 1927 building's milestone-inspection and reserve status under Florida law, which drove the dues increase and a 2025 special assessment. Schools are in the Escambia County School District; confirm assignments by address.

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

Entry: one-bedroom units

The lower end is the one-bedroom units (around 800 square feet), with a listing around $195,000 (Zillow, 2026), well below the East Hill single-family median.

Lowest entry
Mid: two-bedroom units

The core is the two-bedroom units, with a 2025 sale around $359,000 (Compass) at roughly $228 per square foot.

Most inventory
High: larger or best-view units

The top is the larger or best bayou-view units, with a 2025 sale around $435,000 (Zillow). Floor, view, and condition separate these; comp within the building.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

Entry: one-bedroom units
The lower end is the one-bedroom units (around 800 square feet), with a listing around $195,000 (Zillow, 2026), well below the East Hill single-family median.
Mid: two-bedroom units
The core is the two-bedroom units, with a 2025 sale around $359,000 (Compass) at roughly $228 per square foot.
High: larger or best-view units
The top is the larger or best bayou-view units, with a 2025 sale around $435,000 (Zillow). Floor, view, and condition separate these; comp within the building.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

15-Second Take
  • Renovation math decides the deal
  • Better lots and views resell strongest
  • Roof and HVAC age drive the insurance quote
  • Interior lots are where buyers overpay
Jon Brooks, Momentum Realty
Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

No CDD on the tax billStrong
Central Intracoastal West locationStrong
Scarce golf and lake homesitesStrong
$30M club reinvestment to 2028Positive
All-resale 1990s conditionManage it

Momentum analysis based on the community's structure, location, lot scarcity, and housing stock. Not a guarantee of future value.

Jon Brooks, Momentum Realty
Operator Note

The strongest value pocket is usually a renovated home on a good lot priced just under the next tier up. Buyers chasing the single biggest house often pay top prices for what is really a renovation project.

5 Mistakes Buyers Make in Mirador

15-Second Take
  • Calling the listing agent (who works for the seller)
  • Misjudging the renovation budget
  • Overpaying for an interior lot
  • Underbudgeting the carrying costs
  • Skipping the roof, HVAC, and systems check

The same five mistakes cost buyers the most in any market. Every one is avoidable with the right preparation before you tour.

Mirador is rare 1927 historic, bayou-front, owner-occupied living near downtown. The honest read is the building's reserve and inspection status and a high, rising fee, not the sticker.

Jon Brooks · Founder, Momentum Realty
7.4B · Buy Score
Resale Strength7.4/10
Renovation Risk5.8/10
Location Efficiency8.6/10
Long-Term Defensibility7.8/10
Carrying Cost Advantage5.8/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Why our read on Mirador is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live Pensacola MLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live Pensacola MLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates
Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

Which Lots & Views Hold Value Best

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)
$261 value$401 premium
Lake / waterPreserveInterior

Fill = price per square foot; ring = lot type, inferred from listing descriptions. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from Pensacola MLS; for orientation, not an appraisal.

15-Second Take
  • It is a condo: weigh floor, layout, and bayou view.
  • The building's reserves and inspection status are the asset risk.
  • Best bayou-view units carry the premium.

Mirador is a condominium, so there is no lot; the equivalent is the unit and the building. Weigh the unit's floor, layout, and bayou-view orientation, and, most of all, the 1927 building's milestone-inspection and reserve status, which is the real risk and is driving the fee increase and assessments. A completed inspection and a clear reserve picture are what protect value here.

Mirador in 15 seconds.

Best forOwner-occupants who want rare historic, bayou-front living walkable to downtown.
Strong onCharacter and location: a 1927 National Register building on Bayou Texar with a pier and pool, minutes from downtown, below the single-family median.
WatchThe 1927 building's milestone-inspection and reserve status (dues jumped to $975, plus a 2025 assessment) and restricted leasing.
Not forInvestors wanting short-term rental income, buyers sensitive to a high, rising fee, or anyone who will not verify the building's finances.
The edgeThe no-short-term-rental rule keeps the building stable and owner-occupied, a real plus for a primary residence.

HOA, CDD & Fees

15-Second Take
  • Owner-occupied; short-term rentals restricted.
  • Dues $975/month (up from $450 in 2025); no CDD.
  • 1927 building, subject to the condo-safety law.
  • Request the milestone inspection and reserve study.
  • Strong nearby elementary (A.K. Suter).

The monthly dues are $975 (up from about $450 in 2025), covering management, exterior insurance, water, sewer, trash, the pool, and maintenance; no CDD applies. The most important item is structural: as a 1927 coastal building, Mirador is subject to Florida's milestone-inspection and reserve law, which drove the dues increase and a 2025 special assessment of about $4,000; request the inspection report, reserve study, and assessment history before buying.

The dues cover exterior insurance, water, sewer, trash, the pool, the pier, and management. Confirm the current fee, the reserves, and any pending assessment for the specific unit.

The amenities are a community pool and a bayou-front pier and dock with kayak access; the appeal is the historic character and the bayou-front setting.

The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Momentum listings (YTD)
97.98%
Sold-to-list ratio across our market for our agents, sellers keeping more of their price.
Market average (YTD)
96.73%
The broader metro average sold-to-list ratio over the same period.
Momentum days on market
64 days
Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.
Market days on market
72 days
The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Mirador, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Mirador, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your Mirador home worth?

Get a no-obligation home value based on real comparable sales in Mirador matched to your condition, lot, and view, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See the full Mirador home value & selling guide, recent comps, fees, and 2026 timing →

Real comps, not a Zestimate.

Price History: What Homes Here Have Actually Sold For

Median sale prices in Mirador year by year since 2012, from closed MLS sales. A long track record beats a single estimate, showing what this community has really done through rate cycles rather than what a model predicts.

Mirador Market Scorecard

Thin data

Mirador is currently a thin data. Limited supply, a median asking price of n/a.

n/a
Months supply
n/a
Median list
n/a
Median sold
n/a
Per sqft
n/a
Days on mkt
0/0/0
Active/Pend/Sold

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Can I rent out a unit at Mirador?
Only long-term. The association restricts leasing, with no short-term rentals; a monthly minimum is the presumed standard. Confirm the exact leasing terms in the condo documents. This is an owner-occupant building, not a vacation rental.
Is Mirador a vacation-rental building?
No. It is a residential, owner-occupied historic condominium in East Hill; short-term rentals are restricted.
What is the most important thing to check before buying at Mirador?
The building's structural status. As a 1927 coastal condo, it is subject to Florida's milestone-inspection and reserve law; request the inspection report, reserve study, and assessment history, since the dues jumped to $975 and a $4,000 assessment was levied in 2025.
How much are the condo dues at Mirador?
About $975 a month as of 2026, up from $450 in 2025, covering exterior insurance, water, sewer, trash, the pool, and management. No CDD applies. Budget for the possibility of further assessments.
How much do units at Mirador cost?
One-bedroom units list from about $195,000, with two-bedroom units selling around $359,000 to $435,000 (Zillow / Compass, 2025-2026), well below the East Hill single-family median. Confirm current pricing with in-building comps.
Is Mirador waterfront?
Yes. It sits on Bayou Texar with a community pier, dock, and kayak access, and views toward Pensacola Bay, a genuine waterfront feature for an urban condo.
What schools serve Mirador?
It is in the Escambia County School District, with the strong A.K. Suter Elementary (7/10) nearby and zoned middle and high schools that rate lower. Confirm the assignment by address.
How old is the building?
It was built in 1927 and converted to condominiums in 1983, which is why the structural-inspection and reserve status is the key diligence item, and why exterior changes need historic-preservation approval.
How central is Mirador?
Very central. Downtown Pensacola is about five minutes, the airport about fifteen, and Pensacola Beach fifteen to twenty, with a walkable East Hill setting.
What should I check before buying at Mirador?
Request the milestone-inspection report, reserve study, and assessment history, run the all-in cost with the $975 fee, confirm the leasing rules and the building's insurance, and verify the school zone.
Is Mirador a good investment?
As an owner-occupant home it offers rare historic, bayou-front living near downtown, but it is not a short-term-rental property, and the older building's reserve and assessment trajectory plus the high fee are the key variables. Verify the structural picture; this is not a guarantee of future value.
Should I use the listing agent to buy in Mirador?
No. The listing agent works for the seller. Having your own representation to read the comps, the costs, and the inspection is the highest-leverage decision you make.
You are an owner-occupant who wants rare historic, bayou-front living near downtownExcellent fit
You prefer a stable, owner-occupied building over a rental complexExcellent fit
You will verify the milestone inspection and the reserve and assessment historyExcellent fit
You want short-term rental incomeProbably not
You are sensitive to a high and rising condo feeProbably not
You will not underwrite an aging historic building's assessmentsProbably not

Get the inside read on Mirador

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Mirador home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

We respond personally, usually the same day.

You are all set.

A Momentum Realty Mirador specialist will reach out personally, usually the same day.

Mirador median home price history from 2012 to 2026 — chart by Momentum Realty
Median sale price in Mirador, Florida by year (2012–2026). Source: Momentum Realty.
Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Source: Listing data provided by the Multiple Listing Service of the Pensacola Association of REALTORS®. Information deemed reliable but not guaranteed.

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