Explore Homes for Sale in New City Tract, Pensacola, FL

New City Tract, Pensacola, FL Homes for Sale

New City Tract in Pensacola, FL is one of the city's most established historic neighborhoods, where homes for sale typically list between $180,000 and $380,000 depending on size, condition, and proximity to the waterfront. Buyers searching this pocket of urban Pensacola find bungalows, craftsman cottages, and early 20th-century frame homes on compact lots averaging 4,000 to 6,500 square feet. Pointe South agents are deeply familiar with this corridor and the nuances that separate a strong buy from an overpriced flip.

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Home Styles and Price Context

Most of the housing stock in New City Tract dates from the 1920s through the 1950s, giving the neighborhood a consistent architectural character that buyers rarely find in newer subdivisions. Craftsman bungalows with front porches, original hardwood floors, and detailed millwork are common throughout the tract. Renovated homes in move-in condition generally list between $260,000 and $380,000, while properties needing cosmetic or structural updates often enter the market in the $180,000 to $240,000 range. Square footage typically runs from 900 to 1,800 square feet, with larger two-story homes on the higher end of that scale.

Neighborhoods and Streets

New City Tract sits just north of downtown Pensacola and is bordered by streets including North Ninth Avenue and Jordan Street, both of which carry a mix of owner-occupied homes and long-term rentals. The blocks closest to Bayou Texar tend to attract buyers looking for walkable access to the water, and those properties command a modest price premium compared to interior lots. Spring Hill subdivision, adjacent to New City Tract, shares a similar housing character and is often searched alongside it by buyers touring the area. Homes on East Moreno Street have seen steady renovation activity over the past several years as buyers prioritize proximity to downtown employers and the historic district.

Day-to-Day Lifestyle

Residents of New City Tract are typically within a five-minute drive of downtown Pensacola's core, which includes the Pensacola Bay waterfront, regional employers in healthcare and government, and a concentrated dining district along Palafox Street. Bayview Park, located on the eastern edge of the neighborhood along Bayou Texar, provides waterfront access, tennis courts, and a boat launch used regularly by residents. Pensacola High School serves this part of the city, and several elementary and middle school options are accessible within a short drive via North Ninth Avenue. Commuters heading to Naval Air Station Pensacola reach the base in roughly 15 minutes under normal traffic conditions.

Working With a Local Expert

Pointe South has tracked listing and sales activity across New City Tract closely, and that ground-level knowledge helps buyers move quickly in a neighborhood where well-priced homes receive multiple offers within days of hitting the market.

Newest Homes for Sale in New City Tract, Pensacola, FL

$990,000
687226 MLS
Prime East Hill Development & Investment Opportunity – Rare Double Parcel with Potential Bay Views An exceptional investment and redevelopment opportunity in one of Pensacola's most sought-after neighborhoods. This rare combined property package encompasses two adjoining parcels totaling approximately 135' x 137.5' (18,562± square feet) on a highly desirable corner location in East Hill, directly across from a public park and just minutes from vibrant Downtown Pensacola. Whether you're seeking immediate rental income, a long-term investment, or a premier development opportunity, this property offers outstanding flexibility and upside. The existing homes provide excellent rental potential while future plans are realized, or the parcels may be redeveloped to maximize value. Significant pre-development work has already been completed, including City Planning approvals and documentation for: Demolition permit and clearance Arborist approval for tree removal Approval to subdivide into three residential lots Existing boundary surveys from the original purchase Front yard averaging completed on July 23, 2025, with documentation available The previously approved subdivision configuration consists of: One corner lot measuring approximately 50' x 137.5' Two interior lots measuring approximately 42.5' x 137.5' each The elevated location also offers the potential for Pensacola Bay views from future new construction. Property Details 1301 E. La Rua Street Parcel ID: 0005009025001065 3 Bedrooms | 2 Bathrooms Approximately 1,830 square feet Situated on a 70' x 137.5' (9,583± square foot) lot Zoned R-1AA Medium Density No Historic District restrictions 1305 E. La Rua Street Parcel ID: 0005009025002065 3 Bedrooms | 1 Bathroom Approximately 1,524 square feet Situated on a 65' x 137.5' (0.2052-acre) lot Zoned R-1AA Medium Density No Historic District restrictions Opportunities of this scale are increasingly rare in East Hill. With substantial entitlement work already completed

1301/1305 E La Rua St, Pensacola

$990,000
3 Beds 2 Baths 687225 MLS
Prime East Hill Development & Investment Opportunity – Rare Double Parcel with Potential Bay Views An exceptional investment and redevelopment opportunity in one of Pensacola's most sought-after neighborhoods. This rare combined property package encompasses two adjoining parcels totaling approximately 135' x 137.5' (18,562± square feet) on a highly desirable corner location in East Hill, directly across from a public park and just minutes from vibrant Downtown Pensacola. Whether you're seeking immediate rental income, a long-term investment, or a premier development opportunity, this property offers outstanding flexibility and upside. The existing homes provide excellent rental potential while future plans are realized, or the parcels may be redeveloped to maximize value. Significant pre-development work has already been completed, including City Planning approvals and documentation for: Demolition permit and clearance Arborist approval for tree removal Approval to subdivide into three residential lots Existing boundary surveys from the original purchase Front yard averaging completed on July 23, 2025, with documentation available The previously approved subdivision configuration consists of: One corner lot measuring approximately 50' x 137.5' Two interior lots measuring approximately 42.5' x 137.5' each The elevated location also offers the potential for Pensacola Bay views from future new construction. Property Details 1301 E. La Rua Street Parcel ID: 0005009025001065 3 Bedrooms | 2 Bathrooms Approximately 1,830 square feet Situated on a 70' x 137.5' (9,583± square foot) lot Zoned R-1AA Medium Density No Historic District restrictions 1305 E. La Rua Street Parcel ID: 0005009025002065 3 Bedrooms | 1 Bathroom Approximately 1,524 square feet Situated on a 65' x 137.5' (0.2052-acre) lot Zoned R-1AA Medium Density No Historic District restrictions Opportunities of this scale are increasingly rare in East Hill. With substantial entitlement work already completed

1301/1305 E La Rua St, Pensacola

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