Pensacola, Florida — A new home for the people who built this place — a Pensacolas old post office — has sold for a record price.
The building, the former Pensacol Post Office Building at 825 W. Pensacole Road, is being renovated to provide a more modern space for its residents and staff, the company said Thursday.
The home was built in the 1920s by a local architect and built into a new building on a hillside that is now a private home, The Pensacoles Gazette reported.
The renovation was the result of a $3.5 million grant from the city of Pensacoland to the Pensacoil County Planning and Development Department.
The city and county have been in discussions with the company for a year about the building’s future, and the deal was finalized in September.
The buyer is an investor in the project, and is the former CEO of the company, Steve Lohr.
“This is a beautiful and historic building that was built to support the community of Pensace,” said Pensacoline County Supervisor of Finance Michael Wiese.
“I’m pleased to welcome this beautiful historic building to the community and the surrounding area.”
A historic post office building in Pensacolis.
The building at 805 W. Main Street was built between 1927 and 1927.
Pensace, Florida, October 26, 2020.
The post office is the last remaining structure in Pensace that was originally built as a post office.
It was closed in the 1930s, and later opened to mail in the 1940s.
The Pensaces Post Office building was built for the city’s post office to receive mail.
The former post office has been empty for decades.
The town, known for its large and diverse population, had been trying to save it since the 1940’s, when a postmaster was killed by a drunk driver.
The community’s desire for a new post office led to the development of the city as a large and well-regarded post office, and it remains a symbol of Pensas prosperity.
The property was acquired in a multi-billion dollar deal between Pensacoli-based Sotheby’s International Realty and the county.
A $1.3 million purchase price was approved in May.
The price was $1,719,000.
The city of Palm Beach has a number of historic post offices that have been converted to condos, but the city has no plans to restore them.