Zarragossa St. C-3 Land
Vacant Land
for Sale
Catylist Listing ID: |
30862538 |
Property Subtypes: |
Residential (Single Family), Other
|
Gross Land Area: |
0.15 Acres
|
Sale Price: |
$199,000 |
Unit Price: |
$1,326,666 Per Acre |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
5/3/2024 |
Overview / Comments
Redevelopment Opportunity in the downtown Pensacola core. The location is surrounded by established and newly built residential, multi-family residential, retailers, and service professional businesses.
The lot features 60 feet of frontage allowing a contractor to separate into two 30' x 117' buildable lots.
Homeowners will love living in this pedestrian-friendly area where they can conveniently bike to the Maritime Park and the thriving downtown retail core, featuring an array of entertainment venues, restaurants, galleries, and shops.
|
Additional Details
Nearest MSA: |
Pensacola-Ferry Pass-Brent |
County: |
Escambia |
Tax ID/APN: |
000S009080004141 |
Zoning: |
C-3 |
Property Located Between: |
Main Street and Government Street |
Property Visibility: |
Excellent |
Legal Description: |
LTS 4 5 BLK 141 OR 6809 P 436 MAXENT TRACT CA 102 |
Largest Nearby Street: |
Barrancas |
Feet of Frontage: |
60 |
Airports: |
Pensacola International Airport |
Site Description: |
The property comes with a 1,000-square-foot circa 1920 residence, which has not been assigned any value. The land, which is zoned C-3 and spans 0.1474 acres, features a sixty-foot frontage along Zarragossa and could potentially be subdivided into two 30 x 117' lots for residential construction. |
Area Description: |
Downtown Pensacola is a charming waterfront city situated along beautiful Pensacola Bay. The city has undergone an extraordinary revitalization since 2012, propelled by the construction of a cutting-edge waterfront baseball stadium. This transformation has stimulated numerous construction projects and the revitalization of historic buildings. The downtown housing market is thriving, with prices ranging from $250 to $350 per square foot near the site. The city's expansion has been gradually expanding towards the west, with Barrancas Avenue witnessing a growth in new construction, multi-family housing projects, breweries, and restaurants. |
Lot Frontage: |
60 |
Lot Depth: |
117 |
Topography: |
Level |
Available Utilities: |
Electric, Water, Sewer, Storm Drain, Internet Access, Other |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
5,061 |
49,021 |
129,872 |
Median Age: |
42.13 |
38.94 |
37.65 |
Households: |
2,382 |
20,420 |
49,716 |
© Copyright 2024 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
|