19.57 Acres Waterfront Land
Vacant Land
for Sale
Catylist Listing ID: |
30360861 |
Property Subtypes: |
Multi-Family, Residential (Single Family), Retail, Vacation/Resort
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Gross Land Area: |
19.57 Acres
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Sale Price: |
$3,250,000 |
Unit Price: |
$166,070 Per Acre |
Land Splits Available: |
Yes |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
9/11/2023 |
Overview / Comments
Rare developer opportunity to purchase up to 11+/- acres of waterfront land in Pensacola, FL. The properties would be an excellent site for multifamily residential developments, condos, or personal residences with its prime location just over the bridge from the Perdido Key beaches. The site consists of 5 contiguous parcels. Along Bayou Tarcon there is a total of 1,378 feet of frontage. Approximately 16.57-Acres of the property is zoned "C-1", Commercial District, which allows for a variety of commercial and residential uses. The remaining +/-3 acres of the site is zoned "SDD", Special Development District, which allows a maximum density of 3 dwelling units per acre. The site could potentially be developed with a total of 423 dwelling units under the current zoning laws. The property features a pier extending into Bayou Garcon, which is surrounded by wetlands on the property. Through county approval there could be docs for each tract. All private and public utilities are available to the sites.
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Additional Details
Nearest MSA: |
Pensacola-Ferry Pass-Brent |
County: |
Escambia |
Tax ID/APN: |
143S322000019019, 143S322000000021, 143S322000001021, 143S322000001018, 143S322000000013, 143S322000000012 |
Zoning: |
C-1 & SDD |
Legal Description: |
The property consists of 6 parcels: 143S322000019019, 143S322000000021, 143S322000001021, 143S322000001018, 143S322000000013, 143S322000000012 |
Zoning Description: |
16.57+/- Acres of the property is zoned "C-1", Commercial District, which allows for a variety of commercial and residential uses. The remaining 3+/- acres of the site is zoned "SDD", Special Development District which allows a maximum density of 3 dwelling units per acre. |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
1,218 |
5,723 |
24,534 |
Median Age: |
40.97 |
39.54 |
41.68 |
Households: |
513 |
2,234 |
10,100 |
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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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