Supply vs Demand on Pensacola Beach
Location. Location. Location. Some things never change! As a barrier island, Pensacola Beach has a rare beach to bay lifestyle. Thanks to our glistening emerald water and sugar-white sand, we continue to receive award after award for the natural beauty of our beaches. “Pensacola Beach is structured in such a unique fashion, with limited supply and ever-increasing demand.” – Jeremy Johnson, Realtor with Levin Rinke Realty.
The low density on Pensacola Beach is immediately apparent as visitors drive over the Bob Sike’s Bridge. Guests often wonder why the views on Pensacola Beach aren’t littered with high-rise condominiums like most Gulf Coast towns. This is due to the fact that the DCA (Department of Community Affairs) placed a cap on the number of dwelling units allowed on our barrier island. Besides the remaining units that can be built at Portofino (234), there will not be any additional dwelling units built on Pensacola Beach. Of the roughly 4,128 living units on our island, nearly 90% of those are single family residence (low density). “This is why you get the open, uncluttered views as you come across our bridge!” – Kelly Sakey, Realtor with Levin Rinke Realty.
Unlike surrounding beach communities, Pensacola Beach is connected to a vibrant Historic Downtown. “Pensacola Bay is overflowing with national treasure!” – Sherry Grayson, Realtor with Levin Rinke Realty. Downtown Pensacola reflects our past with timeless architecture while experiencing a vivid cultural renaissance. You’ll be hard-pressed to find another beach community coupled with such a chic urban core!
Nestled between Fort Pickens State Park and Gulf Islands National Seashore, the residential heart of Pensacola Beach is enriched by preserved land. “Pensacola Beach is a boater’s paradise!” – Sheri Amberson, Realtor with Levin Rinke Realty. Located in the Florida Panhandle, Pensacola Beach is driving distance to the entire South-East making it a popular vacation destination.
When you take into consideration how we are being discovered for our incredible beauty with this regulated supply of inventory, Pensacola Beach becomes an obvious choice. “As locals, we have been accustomed to undervalued local real estate prices, but this will not continue forever.” – Val Moses, Realtor with Levin Rinke Realty. The cap on supply combined with expanding demand for beachfront homes has made the Pensacola Beach real estate market particularly fast-paced. This rule of supply and demand has stood the test of time and ensures that the best is yet to come for Pensacola Beach real estate.