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: |
4/26/2024 |
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 |
|
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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.
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