Welcome to 203 Port Royal Way - a rare opportunity to own a 2,251 sq ft end-unit residence in one of downtown Pensacola's most exclusive gated waterfront communities. Located on the 2nd floor, this expansive 2-bedroom, 2-bath condo also features a generous study/flex room that can easily be converted back into a third bedroom, offering exceptional versatility for guests, remote work, or extended family living. This elegant corner unit is filled with natural light and showcases two private balconies with sweeping views of both the city and Pensacola Bay. Inside, you'll find luxury vinyl plank flooring throughout (2021), tile in the baths, and a well-designed layout for both entertaining and everyday living. The kitchen features updated cabinetry (2023), stainless steel appliances including a new dishwasher (2025), and a refrigerator and range (2017). Both bathrooms were beautifully remodeled - one in 2019 and the other in 2020 - offering a modern, spa-like feel. Additional updates include a new water heater (2025) and HVAC system (2017). A spacious, climate-controlled storage unit is assigned and included, adding convenience and value. One assigned covered parking space is also included. The HOA fee covers all utilities except electricity, making ownership simple and worry-free. Port Royal offers resort-style amenities including a newly resurfaced pool, fully equipped fitness center, and a stylish community lounge. Located just steps from Palafox Street, the Blue Wahoos Stadium, and the waterfront amphitheater, you'll enjoy walkable access to dining, shopping, events, and entertainment. 203 Port Royal Way offers a rare combination of luxury, location, and lifestyle - don't miss this exceptional waterfront opportunity.