Banana Bay Condos for Sale

Welcome to Banana Bay, a hidden gem nestled in the heart of Pensacola, Florida. This charming subdivision offers an idyllic coastal lifestyle, perfectly blending relaxation and adventure. With its lush landscapes and proximity to the stunning Gulf Coast, Banana Bay is an ideal destination for those seeking a serene retreat or a vibrant community to call home.

Banana Bay features a variety of condos for sale, each designed to capture the essence of coastal living. These spacious residences boast modern amenities, open floor plans, and breathtaking views of the surrounding natural beauty. Whether you’re sipping your morning coffee on a private balcony or enjoying a sunset stroll along the beach, life in Banana Bay is nothing short of enchanting.

The community is conveniently located near a plethora of recreational activities, including pristine beaches, lush parks, and vibrant local dining options. Residents can indulge in water sports, fishing, or simply basking in the sun on the soft sands of Pensacola Beach, which is just a short drive away. For those who enjoy a lively atmosphere, the downtown area of Pensacola is brimming with shops, art galleries, and cultural events that showcase the city’s rich history and vibrant spirit.

In Banana Bay, you’ll find a welcoming community that values both tranquility and togetherness. With condos for sale, now is the perfect time to explore the possibilities of making this captivating subdivision your new home. Embrace the charm of Banana Bay and discover the lifestyle you’ve always dreamed of in sunny Florida!

Newest Banana Bay Condos for Sale

$629,900

4 Beds ⋅ 685682 MLS

Turnkey 4BR/3BA Coastal Retreat PREPARE TO BE AMAZED by this beautiful, modern coastal residence. As one of the newest in the community—built in 2020 and nearly 15 years newer than its neighbors—this turnkey home offers a move-in-ready, low-maintenance "lock-and-leave" lifestyle. From the curb, this vibrant home presents as a charming, low-profile, single-story villa. Step inside, however, and you will discover a remarkably spacious two-story floor plan. MAIN FLOOR: Enjoy a completely STEP-FREE ZERO STEP ENTRY right from your private 2-car paved driveway. The main level is optimized for effortless single-level living, featuring an open-concept kitchen, dining area, and a spacious living room that opens to the outdoors. The primary suite, a second bedroom, and a second full bath are all located on this floor. THE UPPER LEVEL: The second floor is a wonderful bonus for guests or family. It features two sprawling bedrooms, a third full bathroom, two versatile bonus room, and two walk-in closets. BUILT TO LAST: Engineered concrete and steel structure for ultimate longevity, storm resilience, and energy efficiency. The View: Private patio overlooks the emerald fairways of the renowned Lost Key Golf Course (Arnold Palmer Audubon Sanctuary). RESORT AMENITIES: Steps to a private beach on the Intracoastal, pool, hot tub, fitness center, and sauna. Cross the street to the Lost Key Golf gates. Under 2 miles to Gulf beaches & Johnson Beach. Just 15 minutes to the world-famous Flora-Bama, and less than 5 miles to NAS Pensacola. Schedule your preview today to experience this one-of-a-kind coastal gem! All information is deemed reliable but not guaranteed. Buyer and Buyer's Agent are responsible for independently verifying all measurements, square footage, dimensions, HOA information, restrictions, and any other information material to the Buyer's purchase decision.

13941 Del Rio Dr, Pensacola

$560,000

3 Beds ⋅ 3 Baths ⋅ 683740 MLS

Now paying ALL OF THE BUYERS CLOSING COST! Your tropical paradise awaits! Driving over the bridge to Perdido Key, the first thing you will see are the brightly-colored townhomes of Banana Bay! You'll feel as if you've been swept away to one of the Dutch Caribbean islands, like Aruba or Curacao, when you drive into the gated community. Whether you're looking for a primary residence, second home, or investment property, this townhome offers the perfect blend of coastal living and resort-style amenities and it comes FULLY FURNISHED! One of the standout features of Banana Bay is its PRIVATE beach on the Intracoastal Waterway. Residents enjoy direct access to a sandy waterfront area that's perfect for relaxing, paddle boarding, kayaking, fishing, or watching some of the most beautiful sunsets on the Gulf Coast. For peace of mind this town home was built with ICF construction. Inside, you'll find a spacious floor plan with almost 1900 SQft. The open living and dining areas make entertaining easy, while the generous bedrooms provide comfort for family and guests alike. Plus a HUGE BONUS room upstairs that makes for an amazing game room/ extra bedroom! Banana Bay offers an impressive list of amenities including a community pool, sauna, fitness center, clubhouse, marina, and private beach access.You also have the Lost Key Golf course directly across the street from you! The community is also conveniently located just minutes from Johnson Beach, Big Lagoon State Park, NAS Pensacola, waterfront restaurants, and the sugar-white sands that make Perdido Key one of Florida's best-kept secrets. Whether you're spending your days boating, fishing, enjoying the beach, Golfing or simply relaxing by the water, this home puts you in the center of everything that makes coastal living so special. Don't miss this one! To set up your private tour or to get the link to the walk through video of this property click the "Contact Joshua" button on the right of this page.

6079 Valhalla Ave, Perdido Key

$589,900

4 Beds ⋅ 3 Baths ⋅ 677154 MLS ⋅ Banana Bay BLDG.

ALL REASONABLE OFFERS WILL BE CONSIDERED. Banana Bay is a gated waterfront community on Perdido Key-one of the most recognizable properties with brightly colored townhomes that whisk you away to island living. This property is nestled along the intracoastal waterway where you can enjoy the beautiful private white sandy beach. This stunning, blue lapiz 3-bedroom (and bonus room/loft), 2.5-bath, 1 car garage townhome is fully furnished and move in ready. Short, long and vacation rentals are permitted. Built in 2017 using ICF, (superior construction), and a metal roof, this property offers strength, energy efficiency, and storm resistance, advantages for long-term ownership and reduced maintenance costs. The property boasts 2,098 sq ft and the open-concept layout that provides generous living and dining areas for owner occupancy and short or long-term rental use. The spacious kitchen is adjacent to the laundry room and features ample cabinetry and functional workspace, flowing seamlessly into the dining area and the main living area for easy entertaining. The primary suite is located on the main level, enhancing privacy and accessibility, and includes an ensuite bath with double vanity, soaking tub, and separate walk-in shower. Two additional bedrooms, a second full bath, and a versatile loft/bonus area provide flexible accommodations. Plenty of storage throughout the home, including the walk-out attic space, supports beach and boating lifestyles. Banana Bay is a 57-unit gated community offering resort-style amenities. Residents enjoy exclusive access to a private sandy beach along with resort-style amenities including a pool, hot tub, sauna, steam room, fitness center, and clubhouse with a kitchen and gathering space. The low HOA fee of $4,620 per year includes cable, internet, trash service, landscaping, and amenity maintenance. With boating, dining, and sugar-white beaches nearby, easy access to Orange Beach and Pensacola, this is Coastal living at its best.

13909 Del Rio Dr Unit #13909, Pensacola

$645,000

3 Beds ⋅ 3 Baths ⋅ 670064 MLS

Enjoy coastal living at the gated waterfront community of Banana Bay on Perdido Key. This 3BR/3BA unfurnished townhome offers over 2,000 sq ft. The main floor includes 2 bedrooms, 2 baths, an open living/dining area, and an updated kitchen with butler’s pantry. Upstairs features a second living area, 3rd bedroom, full bath, bonus room, laundry, and attic storage. Constructed with ICF and steel, the home has a metal roof, gutters, and 2 dedicated parking spots. Step outside to grill the catch of the day on your patio, walk down to the community’s sandy beach, or take a quick dip in the pool. Community amenities include private marina, beach, pool, hot tub, clubhouse, sauna, and fitness center. Low HOA dues. Boat slip in not included and availability is negotiable. Convenient located near Pensacola & Orange Beach. Experience the laid-back beach lifestyle of Perdido Key, perfectly situated near both the Gulf and the Intracoastal.

6050 Valhalla Ave, Pensacola

$945,000

4 Beds ⋅ 3 Baths ⋅ 665058 MLS

Take a slow walk out you back door for the best views of this large white sandy beach, come and relax on the large patio and have a beverage after a long week and watch the freighters and beautiful boats coming up and down the intracoastal waterways, you might just see a dolphin or two traveling to the open water of the Gulf of Florida. The breezes off the water keep you refreshed and cool. Banana Bay is one of best built townhomes on the Key and with stood the hurricane winds and rain of Ivan and Sally. These are constructed with ICF(Interlocking Concrete Forms).To me this has the most spectacular views and is furthest from the water. There is a 8 ft bulk head that will hold the water back. This furnished home(some personal items will be removed)is great for entertaining with a large open floor plan, High ceilings, large windows that let in lots of light, granite countertops, lots of cabinets, tile and hardwood floors, ceiling fans, lots of closet space, new dual A/C unit and metal roof. There is a large bonus room downstairs that can be used as another bedroom for guest or office space. The master upstairs is 13x19 with a sitting area with lots of windows for the sun to shine in. Hardwood floors in all of the bedrooms. Master bath has a large tiled walk-in shower, garden tub, Double vanity and water closet. The additional 2 bedrooms are spacious for your guest or family. This unit also has a single car garage. This is a must see. This unit also comes with a boat slip and has a separate HOA , 380.00 a year. Pays for Cable and Internet, Lawn, Amenities and Trash. This is a gated community with a pool, hot tub, workout room, meeting space and the beautiful beach. This unit is rental unit which has already generated 75-80,000.00 over the last couple years. Bring all offers.

13936 Playa Way, Pensacola

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© Baldwin County Association of Realtors, Inc. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on .