Snug Harbour in Pensacola

Snug Harbour

Waterfront condominium · Big Lagoon, southwest Pensacola · ZIP 32507

A residential Big Lagoon waterfront condominium with boating between two yacht clubs.

Big Lagoon waterfrontBoat slips available30-day-min rentals
Live Market Pulse
50/100
Momentum
Buyer-Leaning Market (limited data)
This is a coastal condo, so the floor and view, the building's reserves, and insurance decide value as much as the unit itself.
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Unlock Off-Market Snug Harbour

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

Built fromLive realMLS data14 years of closingsLocal renovation analysisUpdated twice daily
LiveMarket PulserealMLS
$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

"Snug Harbour is a residential Big Lagoon waterfront condominium, so the read is about the building, the view, and the carrying cost rather than a lot. Its 30-day-minimum rental rule keeps it residential rather than a vacation-rental tower, which matters for the owner profile and the lender. Units are uniform, so the floor, the view, and any boat slip drive value. Your leverage is reading the condo dues, reserves, insurance, and the view honestly."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Snug Harbour is a 12-story waterfront condominium directly on Big Lagoon in southwest Pensacola (ZIP 32507), in the Perdido area, sitting between the Grand Lagoon Yacht Club and the Lost Key Marina and Yacht Club. It was built in 2007 and houses 86 units.

Units are uniform in layout: three-bedroom, two-bath plans of about 1,624 square feet and three-bath plans of about 1,769 square feet, with several penthouses on the top floor. Because the floor plans repeat, the floor level, the lagoon view, and any deeded boat slip are what separate one unit's value from another.

Amenities include a lagoon-facing pool over about 280 feet of waterfront, an indoor pool and hot tub, an owners' clubroom, fitness facilities, kayak and canoe storage, and an outdoor grilling and picnic area; boat slips are available to buy. Importantly, rentals are restricted to 30-day minimums, so it is a residential, owner-occupied and long-term-tenant building rather than a vacation-rental tower.

Because this is a coastal condominium, the buy hinges on the building and the carrying cost as much as the unit: the condo dues, the reserve and any special assessments, wind and flood insurance, and the floor and view. The waterfront setting and the residential rental rule are the durable parts of the value.

Best for

  • Buyers who want low-maintenance waterfront living on Big Lagoon
  • Boaters who want a building with available slips between two yacht clubs
  • Buyers who specifically want a residential, non-vacation-rental condo
  • Buyers who will price the condo dues, reserves, and insurance honestly

Probably not for

  • Investors seeking a short-term vacation-rental income unit
  • Buyers who want a single-family home with a yard
  • Buyers who want the lowest possible condo dues and insurance
  • Buyers unwilling to review condo reserves and assessments

How Snug Harbour 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 realMLS, as of June 12, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Snug Harbour 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 Snug Harbour buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Snug Harbour

Live MLS inventory for Snug Harbour. 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 Snug Harbour listings as of 2026-06-12, priced high to low. Source: Data provided by realMLS.. Tap any home to ask about it.

Listing locations from realMLS; 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 Big Lagoon waterfront location is the whole point: boating and water at your door, with the Perdido beaches, NAS Pensacola, and shopping a short drive.

Big Lagoon (waterfront)~0 min · on-site
Perdido Key beaches~12-15 min · ~6 miles
NAS Pensacola~15-18 min · ~9 miles
Big Lagoon State Park~8-10 min · ~4 miles
Downtown Pensacola~25-30 min · ~15 miles
Pensacola International Airport~30-35 min · ~20 miles

Drive times are approximate and vary with traffic and your exact departure point. Confirm your real commute at your real departure time.

Nearby Communities

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

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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
Snug Harbour (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

Snug Harbour 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 Snug Harbour address.

The takeaway

What is actually shaping value around Snug Harbour: the residential 30-day rental rule, scarce Big Lagoon waterfront, and condo financials and coastal insurance. Each item is sourced and linked.

Recent Developments in Snug Harbour

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

Net OutlookBullishScarce residential lagoon-front supply and the residential rental rule point demand up, with condo financials and coastal insurance the dominant carrying-cost variables. The watch item is the reserve and insurance picture.

Residential 30-day rental rule keeps it owner-oriented

Ongoing
BullishNotable impact
SignificanceRadius: Community

The 30-day-minimum restriction preserves a residential character and a more stable owner profile than a vacation-rental tower.

Scarce Big Lagoon waterfront

Ongoing
BullishNotable impact
SignificanceRadius: Community

A finite supply of residential lagoon-front condos supports waterfront pricing here.

Coastal insurance and reserves shape cost

Ongoing
NeutralMajor impact
SignificanceRadius: Community

Condo dues, reserves, and wind and flood insurance are the dominant swing factors in the all-in cost of owning here.

Perdido and Big Lagoon area draws steady demand

Ongoing
BullishMinor impact
SignificanceRadius: Metro

Proximity to the Perdido Key beaches, NAS Pensacola, and two yacht clubs supports demand in the corridor.

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 Snug Harbour, 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. October 2025
    Metro

    Pensacola International Airport breaks ground on terminal expansion

    The airport broke ground in October 2025 on a roughly $113 million terminal expansion, improving access for the wider Pensacola and Perdido market. Why it matters: Better air access supports the coastal second-home and residential market over time. Source

  2. May 2024
    County

    Escambia County considers impact fees amid rapid growth

    Escambia commissioners discussed impact fees on new development to fund roads and schools as the county's growth strained capacity. Why it matters: New impact fees would mainly affect new construction, not this established 2007 condominium. 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 Snug Harbour, this is the order of operations we would run, and the one we run for our clients.

1

Read the condo financials first. Review the dues, the reserve study, and any pending special assessments before you judge the price.

2

Price the coastal insurance. Confirm the building's wind and flood coverage and what owners carry individually.

3

Choose the floor and view. Higher floors and full lagoon views command durable premiums; confirm the exact exposure.

4

Confirm the boat slip. Verify whether a slip conveys or is available to buy, and the cost.

5

Confirm the 30-day rule. Verify the current rental restriction and any board rules for your intended use.

Best Buy
A higher-floor, full-lagoon-view unit with a deeded or available slip and healthy reserves
Biggest Risk
Underbudgeting dues, special assessments, and insurance on a coastal high-rise
Best Lot
A higher floor with a full Big Lagoon view over a lower or side exposure
Smart Timing
Confirm the reserves, insurance, and any assessment before you offer
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

Snug Harbour is a 12-story, 86-unit waterfront condominium built in 2007 directly on Big Lagoon in southwest Pensacola, between the Grand Lagoon Yacht Club and the Lost Key Marina and Yacht Club. Units are uniform three-bedroom plans of about 1,624 to 1,769 square feet, with top-floor penthouses. Amenities include a lagoon-facing pool over about 280 feet of waterfront, an indoor pool and hot tub, an owners' clubroom, fitness facilities, kayak and canoe storage, and an outdoor grilling area, with boat slips available to buy. Rentals are restricted to 30-day minimums, keeping it a residential building rather than a vacation-rental tower. The value story is the floor and view, any boat slip, and the building's financial health and coastal insurance.

The takeaway

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

The Entry Unit

Lower-floor or side-exposure units, the entry point into residential Big Lagoon waterfront living.

Lowest entry
The Core Unit

Mid-floor units with solid lagoon views, the heart of the in-building market here.

Most inventory
The View Top

Higher-floor, full-lagoon-view units and penthouses, often with a slip, the units that hold value best.

Strongest resale

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

The Entry Unit
Lower-floor or side-exposure units, the entry point into residential Big Lagoon waterfront living.
The Core Unit
Mid-floor units with solid lagoon views, the heart of the in-building market here.
The View Top
Higher-floor, full-lagoon-view units and penthouses, often with a slip, the units that hold value best.

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.

Scarce Big Lagoon waterfrontStrong
Residential 30-day rental ruleStrong
Pool, fitness, and available boat slipsPositive
Condo dues, reserves, and insuranceManage it
Coastal high-rise carrying costConfirm 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 Snug Harbour

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.

In a condo, you buy the building as much as the unit. The deal is won or lost on the floor and view, the reserves, and the insurance.

Jon Brooks · Founder, Momentum Realty
7.6B · Buy Score
Resale Strength7.8/10
Renovation Risk3.8/10
Location Efficiency8.2/10
Long-Term Defensibility7.8/10
Carrying Cost Advantage5.2/10

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 Snug Harbour is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live realMLS 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 realMLS 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 realMLS; for orientation, not an appraisal.

15-Second Take
  • The floor and the lagoon view drive unit value
  • A deeded or available boat slip is a real premium
  • Healthy reserves protect long-term value
  • Wind and flood insurance shape the carrying cost
  • The view is fixed, the unit can be updated

In a uniform condominium, the homesite equivalent is the floor and the view. Higher floors with full Big Lagoon views and a deeded or available boat slip hold value best, while lower or side exposures trade lower. The building's reserves and coastal insurance shape the carrying cost. Read the floor, view, slip, and financials first, then price the condition of the unit against it.

Snug Harbour in 15 seconds.

Best forBuyers who want low-maintenance, residential waterfront living on Big Lagoon with boating access.
Biggest advantageA residential, non-vacation-rental waterfront building with a pool, slips, and lagoon views.
Biggest riskCondo dues, reserves, and coastal insurance driving the all-in carrying cost.
Sweet spotA higher-floor, full-lagoon-view unit with a slip and healthy reserves.
Avoid ifYou want a single-family home, a short-term-rental unit, or the lowest carrying cost.

HOA, CDD & Fees

15-Second Take
  • Condo dues cover building, amenities, shared insurance
  • Review the reserve study and any assessments
  • Wind and flood insurance are key carrying costs
  • Boat slips available to buy; confirm conveyance
  • 30-day-minimum rentals, a residential building

Snug Harbour is a condominium with monthly association dues covering the building, amenities, and shared insurance; confirm the current dues, the reserve study, and any pending special assessments for a specific unit.

Condo dues typically cover building maintenance, the pools and amenities, common-area and shared structural insurance, and management. Confirm exactly what is covered and what owners carry individually.

There is no golf or country-club membership; the waterfront pools, fitness, clubroom, and available boat slips are the amenities.

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 Snug Harbour, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Treasure Hill Park, 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 Snug Harbour home worth?

Get a no-obligation home value based on real comparable sales in Snug Harbour 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 Snug Harbour 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 Snug Harbour 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.

Snug Harbour Market Scorecard

Thin data

Snug Harbour 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

Where is Snug Harbour in Pensacola?
Snug Harbour is a 12-story waterfront condominium directly on Big Lagoon in southwest Pensacola (ZIP 32507), in the Perdido area, between the Grand Lagoon Yacht Club and the Lost Key Marina and Yacht Club.
When was Snug Harbour built?
Snug Harbour was built in 2007 and houses 86 units across 12 stories, including several top-floor penthouses.
What size are the units in Snug Harbour?
Units are uniform: three-bedroom, two-bath plans of about 1,624 square feet and three-bath plans of about 1,769 square feet, with penthouses on the top floor.
Can you do short-term rentals in Snug Harbour?
No. Rentals are restricted to 30-day minimums, so it is a residential, owner-occupied and long-term-tenant building rather than a vacation-rental tower. Confirm the current rule with the association.
What amenities does Snug Harbour have?
A lagoon-facing pool over about 280 feet of waterfront, an indoor pool and hot tub, an owners' clubroom, fitness facilities, kayak and canoe storage, and an outdoor grilling and picnic area, with boat slips available to buy.
Are boat slips available at Snug Harbour?
Yes, boat slips are available to buy. Confirm whether a slip conveys with a specific unit or is purchased separately, and the cost.
What are the condo dues at Snug Harbour?
Monthly association dues cover the building, amenities, and shared insurance. Confirm the current dues, the reserve study, and any pending special assessments for a specific unit.
Do I need flood and wind insurance at Snug Harbour?
As a coastal high-rise on Big Lagoon, wind and flood coverage are central to the carrying cost. Confirm the building's coverage and what owners carry individually.
What schools serve Snug Harbour?
Snug Harbour is part of Escambia County Public Schools. Confirm the exact assigned schools for the address with the district.
Is Snug Harbour a good investment?
Scarce residential Big Lagoon waterfront supports demand. As with any coastal condo, the building's financial health, insurance, and the floor and view drive the outcome; this is not a guarantee of future value.
How far is Snug Harbour from the beaches and NAS Pensacola?
It is centrally located to NAS Pensacola, the Perdido Key beaches, and area restaurants and shopping. Confirm your real commute at your real departure time.
Should I use the listing agent to buy in Snug Harbour?
No. The listing agent works for the seller. On a coastal condo where the building's financials and the view swing value, having your own representation is the highest-leverage decision you make.
Buyers who want low-maintenance waterfront living on Big LagoonExcellent fit
Boaters who want a building with available slips between two yacht clubsExcellent fit
Buyers who specifically want a residential, non-vacation-rental condoExcellent fit
Buyers who will price the condo dues, reserves, and insurance honestlyExcellent fit
Buyers who want a higher-floor lagoon viewExcellent fit
Investors seeking a short-term vacation-rental income unitProbably not
Buyers who want a single-family home with a yardProbably not
Buyers who want the lowest possible condo dues and insuranceProbably not
Buyers unwilling to review condo reserves and assessmentsProbably not
Buyers who want an inland, low-maintenance setting away from the coastProbably not

Get the inside read on Snug Harbour

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Snug Harbour 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 Snug Harbour specialist will reach out personally, usually the same day.

Snug Harbour median home price history from 2012 to 2026 — chart by Momentum Realty
Median sale price in Snug Harbour, 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: Data provided by realMLS.

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