6+ ACRES WATERFRONT RESIDENTIAL DEVELOPMENT OPPORTUNITY
Vacant Land
for Sale
| Catylist Listing ID: |
29983482 |
| Property Subtypes: |
Mobile Home Park, Multi-Family, Residential (Single Family)
|
| Gross Land Area: |
6.36 Acres
|
| Sale Price: |
$370,000 |
| Unit Price: |
$58,176 Per Acre |
| Sale Terms: |
Cash to Seller, Purchase Money Mortgage |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/25/2018 |
Overview / Comments
|
The Military has said that many more personnel are coming to Pensacola so this area of town will just keep growing! This is one of the few larger developable parcels left on Bayou Grande and is perfect for a large estate like the one next door to it or a waterfront high density residential development . About 3/4 of the parcel is in flood zone "X" and with the restricted MDR zoning this 6+ acres could be developed into about 18 dwelling units. There is County right-of-way access but the road was never built. The Gerald Road County right-of-way continues to the east along the north boundary of the parcel to access the property. Property is wooded. A document is attached that gives Navy Flight zone info for the property. The western property line can be seen from the end of Wade Ave on the other side of the cleared property and home that lies there. The distance from the corner of Wade & Gerald to the northwest corner is about 310 feet.
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Additional Details
| Nearest MSA: |
Pensacola-Ferry Pass-Brent |
| County: |
Escambia |
| Taxing Authority: |
Escambia County |
| Tax ID/APN: |
33-2S-31-1000-001-089 |
| Zoning: |
MDR |
| Legal Description: |
Escambia County Property Appraiser
332S311000001089 - Full Legal Description
LTS 38 40 41 & 61 BLK A & W 1/2 OF 5TH AVE ADJ LTS 38 TO 41 & 61 & AILEEN AVE N OF LT 61 BLK A GULF BEACH MANOR PB 1 P 16 OR 1017 P 776 LT 89 LESS GULF BEACH MANOR DB 327 P 331 BEYREUTH S/D PLAT DB 74 P 100 SEC 33/4 T2/3S R31 OR 2997 P 356 |
| Largest Nearby Street: |
GULF BEACH HWY |
| Feet of Frontage: |
340 |
| Airports: |
Pensacola Inernational |
| Site Description: |
OPPORTUNITY FOR A SUPER PRIVATE WATERFRONT ESTATE TO A FINE WATERFRONT DEVELOPMENT WITH UP TO 18 HOMES! ABOUT 18 UNITS POSSIBLE DUE TO US NAVY ZONING RESTRICTIONS. CONTACT LISTING AGENT FOR MORE INFO. |
| Area Description: |
GROWING WITH MORE NAVY PRESENCE AS WELL AS RETIREES. BAYOU GRANDE IS A BEAUTIFUL BAYOU FOR FISHING & BOATING. ONE OF THE BEST FOR KAYAKING AND CANOEING IN THE AREA. |
| Lot Frontage: |
340 |
| Zoning Description: |
MEDIUM DENSITY RESIDENTIAL - 10 UNITS PER ACRE |
| In Flood Plain?: |
Yes |
| Topography: |
Level |
| Soil Type: |
Mixed |
| Available Utilities: |
Water, Sewer |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
3,763 |
31,568 |
71,919 |
| Median Age: |
36.5 |
34.11 |
35.27 |
| Households: |
1,643 |
11,866 |
26,548 |
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The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
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