East End of Tarpon Drive

Vacant Land for Sale
Catylist Listing ID: 30572970
Property Subtypes: Residential (Single Family)
Gross Land Area: 7.76 Acres
Sale Price: $1,300,000
Unit Price: $167,525 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/21/2020

Overview / Comments

Prime Intracoastal Waterway Development site with all engineering, permits and environmental completed. Utilities all available. Eleven lot subdivision designed and ready to go in one of Northwest Florida's most sought after communities. Located within the Russell Bayou gated community. Lifestyle along the ICWW is unparalleled, and this site offers easy access to gulf and inshore fishing, minutes to Perdido Key award winning beaches and state parks, excellent schools, shopping, medical services. The time is now to build out this perfect coastal oasis.

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Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 153S323000140010
Zoning: LDR
Property Located Between: At the east end of Tarpon Drive
Property Visibility: Excellent
Legal Description: PARCEL L RUSSELL BAYOU AT INNERARITY ISLAND PHASE II PB 17 P 22 & 22A OR 7453 P 1193
Largest Nearby Street: Innerarity Point Road
Highway Access: Roughly 3 miles to Hwy 292 (Sorrento Road)
Airports: Ferguson Airfield, Pensacola International Airport, Jack Edwards Airport
Site Description: Peninsula with Kees Bayou at to the north and Perdido Bay/ICWW to the south. wetland and environmental permits have been established allowing for immediate development of 11 lots.
Area Description: Coastal living paradise for primary and second home owners. Innerarity Island and the immediate surrounding areas is an extremely desirable location with current building "boom" with fewer and fewer unimproved lots remaining. Waterfront homes of estate quality have replaced what was once a vast undeveloped stretch along Innerarity Point Road.
Part of Planned Development?: Yes
Development Name: Russell Bayou
In Flood Plain?: Yes
Topography: Level
Easements: Environmental
Soil Type: Sandy
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,616 3,649 12,572
Median Age: 47.87 52.04 50.32
Households: 736 1,721 5,699
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