Nomad Watch

Business

1-Bedroom Purchase Price (Outside City)
Approx. $2,800/m² (Example: 65m² = $182,000)
Studio Purchase Price (City Center)
Approx. $4,800/m² (Example: 45m² = $216,000)
Studio Purchase Price (Outside City)
Approx. $3,200/m² (Example: 45m² = $144,000)
1-Bedroom Purchase Price (City Center)
Approx. $4,200/m² (Example: 65m² = $273,000)
2-Bedroom Purchase Price (City Center)
Approx. $3,900/m² (Example: 85m² = $331,500)
2-Bedroom Purchase Price (Outside City)
Approx. $2,500/m² (Example: 85m² = $212,500)
Corporate Tax
5.5% (Florida State Corporate Income Tax) + 21% Federal
Dividend Withholding Tax
0% for US residents (taxed as income); 30% for non-residents (may vary by treaty)
Tax System
Worldwide income basis for US Citizens; Florida has NO State Income Tax
Highest Income Tax Bracket
37% (Federal Level only)
VAT
7.5% (Sales Tax in Escambia County)
Controlled Foreign Company (CFC) Rules
Yes, US GILTI and Subpart F rules apply
Property Tax
Yes, approx. 1.05% of assessed value annually
Property Transaction Tax
Documentary Stamp Tax (0.70% of the sales price)
Attractive Tax System for Digital Nomads
High (No state income tax makes it a haven for domestic nomads)

Transportation

Top Regional Airline
Silver Airways (connections to Orlando/Tampa)
Top International Airline
Delta or American Airlines via Atlanta/Dallas hubs
Highway Access
Interstate 10 (East-West) and Interstate 110 (North-South)
Main Train/Transit Hub
ECAT Transfer Center (Buses); Amtrak is currently unavailable (Sunset Limited suspended)
Public Transport Passes
ECAT (Escambia County Area Transit) - $45 for a 30-day pass
Regional Travel
Groome Transportation (Shuttles) and Greyhound Bus Lines
Best Taxi/Ride App
Uber and Lyft (widely available)
Bike/Scooter Rental
Emerald Coast Tours (Bikes) and various electric scooter apps (Bird)
Best Beach Nearby
Pensacola Beach (15 mins from downtown) and Johnson Beach at Gulf Islands National Seashore

Health and Wellness

Best Hospital
Ascension Sacred Heart Hospital Pensacola (5151 N 9th Ave)
Yoga & Wellness Centers
Wild Lemon (Yoga/Pilates, 810 E Gregory St)
Gyms & Fitness Centers
Bear Levin Studer Family YMCA (Downtown, $65/month)
Laundry Services
Crystal Cleaners & Laundry (2480 N 9th Ave)

Food and Drink

Best Food Delivery App
DoorDash, UberEats, and Grubhub
Best Local Dish to Try
Grits à Ya Ya at The Fish House ($32)
Vegan/Vegetarian Options
End of the Line Cafe (All vegan, 610 E Wright St)
Best Dessert Spots
Bubba's Sweet Spot (Ice cream/fudge, 412 S Palafox St)
Affordable Shopping Spots
Palafox Market (Saturday mornings, fresh produce)
E-commerce/Online Store
Amazon (Same-day/Next-day delivery available)
Grocery Delivery
Instacart (Publix, Whole Foods) and Walmart+
Bar/Nightlife Area
Palafox Street (Downtown) and 'The Port' at Pensacola Beach
Local Brewery
Perfect Plain Brewing Co. (50 E Garden St)
Wine Bars
The Wine Bar on Palafox (600 S Palafox St)
Street Food Stalls
Al Fresco (Food truck court downtown at S Palafox & Main)
Popular International Cuisine
Khon's on Palafox (Asian Fusion/Sushi)

Culture and Attractions

Must-See Landmarks
National Naval Aviation Museum (NAS Pensacola)
Museums & Art Venues
Pensacola Museum of Art (407 S Jefferson St)
Historical Sites
Historic Pensacola Village (TTC Homes, Old Christ Church)
Religious Sites
Cathedral of the Sacred Heart
Annual Events
Blue Angels Homecoming Air Show (November), Pensacola Seafood Festival (September)
Cultural Districts
Belmont-DeVilliers (Historically known for Jazz and Blues)
Theater Venues
Saenger Theatre (118 S Palafox St)
Local Markets
T&W Flea Market (2117 S Hwy 29)
Music Scene
Vinyl Music Hall (Live concerts, 2 S Palafox St)
Street Art
The Graffiti Bridge (N 17th Ave)
Cooking Classes
So Gourmet and Kitchenry (Downtown)
Art Galleries
Quayside Art Gallery (East Zaragossa St)
Historic Buildings
Pensacola City Hall and T.T. Wentworth Jr. Florida State Museum
Local Heritage
Known as the 'City of Five Flags' reflecting its Spanish, French, British, Confederate, and US history

Nature and Outdoor Activities

Nearby Nature Escapes
Bay Bluffs Park (Shaded trails overlooking the bay)
National Parks Nearby
Gulf Islands National Seashore (Fort Pickens area)
Cycling/Walking Paths
Pensacola Bay Bridge Walking Path (3 miles across the bay)
Scenic Viewpoints
Fort Pickens (Sunset views) and the Pensacola Lighthouse
Birdwatching Locations
Project Greenshores (Quietwater Beach area)
Bonfire-Friendly Spots
Pensacola Beach (Designated areas only via permit)

Other Services and Amenities

Parcel Delivery Service
FedEx Office Print & Ship Center (Downtown), UPS Store
Tech Repair Services
uBreakiFix (Cordova Mall area)
Table Tennis Spots
Pensacola Table Tennis Club (Fricker Resource Center)
Language Classes
Pensacola State College (Continuing Education)
Libraries & Study Spots
West Florida Public Library (Main Branch, 239 N Spring St)
Community Centers
E.S. Cobb Resource Center
Gaming Lounges
The Video Game Capital of the World (Nearby Fort Walton)
Casino & Gaming Halls
Pensacola Greyhound Track & Poker Room

Essentials

City
Pensacola, Escambia County, Florida, United States
Population
54,000 (City Center), 500,000 (Metropolitan Area)
Internet Speed
Average 250 Mbps via Cox Communications or AT&T Fiber
Currency & Banking
US Dollar (USD). Major banks: Wells Fargo, Bank of America, Navy Federal Credit Union
Tap Water
Drinkable and safe, though some locals prefer filters due to mineral content
Power
120V, 60Hz, 🔌 Type A/B sockets
SIM Card
Verizon, T-Mobile, AT&T. Prepaid plans approx. $40-$60/month
Banking for Expats
Wise, Revolut (Standard US accounts), or local credit unions like PenAir
Accommodation
Airbnb, VRBO, and Furnished Finder for mid-term stays
Cashless Friendly
Yes, credit cards and Apple Pay accepted almost everywhere
Short Term Rentals
Airbnb (Downtown/Pensacola Beach), average $120-$250/night
Budget Accommodation
Sole Inn and Suites (approx. $95/night), Quality Inn
Best Area to Stay for Tourists
Pensacola Beach (Santa Rosa Island) for the Gulf front and boardwalk
Best Area to Stay for Digital Nomads
East Hill or Downtown (Palafox St area) for walkability and coffee shops

Working and Networking

Best Coworking Space
Cowork @ The Spring ($25 daily drop-in, 210 E Garden St)
Best Cafe for Work
Bodacious Brew (High-speed Wi-Fi, 407-D S Palafox St)
Networking Events
Pensacola Young Professionals (PYP) monthly 'Quality of Life' mixers
Social Events for Expats
Pensacola Digital Nomads & Remote Workers Meetup (Facebook Group)

Continue exploring Pensacola