19.57 Acres Waterfront Land
Vacant Land
for Sale
| Catylist Listing ID: |
30360861 |
| Property Subtypes: |
Multi-Family, Residential (Single Family), Retail, Vacation/Resort
|
| Gross Land Area: |
19.57 Acres
|
| Sale Price: |
$2,970,000 |
| Unit Price: |
$151,762 Per Acre |
| Land Splits Available: |
Yes |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/23/2024 |
Overview / Comments
|
Rare developer opportunity to purchase +/- 19.57- acres of waterfront land in Pensacola, FL. The property would be an excellent site for a possible condo or residential development with its prime location on the beautiful Bayou Garcon. The property is in Pensacola, FL's most sought-after beach communities, Innerarity Heights and Perdido Key. The site consists of 6contiguous parcels and has proper zoning for single-family residential homes;+/-16.57-acres of the property is zoned "Com" Commercial, and +/- 3 acres of the site is zoned "LDMU, Low-Density Mixed-Use." The site could be developed with 423 dwelling units under the current zoning laws. The property features over 1,378 feet of unobstructed views, a pier extending into the Bayou Garcon, all private and public utilities, and plenty of privacy. The property will not have an HOA; however, there are building restrictions required to be recorded at closing. Per Escambia County, the homes will need to be built on piling, and there is a mandatory wetland buffer setback requirement of 40 feet. The waterway, natural wetlands, and surrounding nature serve as the perfect natural amenities. The property is 4 minutes to the public beach at Perdido Key,5 minutes to the back gate of Pensacola Naval Air Station, and is close to shopping, restaurants, and entertainment. Experience the luxury and beauty the Gulf Coast has to offer with this waterfront opportunity.
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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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