1201 Cypress St. Pensacola, Fl. 32502

Vacant Land for Sale
Catylist Listing ID: 30290645
Property Subtypes: Hospitality, Multi-Family, Residential (Single Family), Retail, Vacation/Resort
Gross Land Area: 4.72 Acres
Sale Price: $2,950,000
Unit Price: $625,000 Per Acre
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 10/18/2019

Overview / Comments

4.72 acres of prime waterfront land on Pensacola Bay just west of downtown Pensacola. One of the Pensacola's top tourist destinations, Joe Patti Seafood market is only three blocks away. The property is described in two parcels, a 4.3 acre piece zoned C-1 and a .43 acre piece zoned C-3. This site can be purchased and combined with a 4.81 acre site located at 1001 W. Main St. to connect the waterfront with Main St. The maximum allowable multi-family units for the site according to the City of Pensacola zoning is 165. C-1 zoning allows 35 units per acre and C-3 allows 135 per acre.

Attachments & Media

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 000S009080071177
Zoning: C-1 AND C-3
Property Located Between: West Main St. and Pensacola Bay.
Property Visibility: Excellent
Legal Description: Lengthy metes and bounds.
Largest Nearby Street: "E" St. Main St.
Feet of Frontage: 306
Highway Access: I-110 and I-10
Airports: Pensacola International Airport
Site Description: Pensacola Bay waterfront site with 540 ft. of frontage on the Bay. Level site with utilities available at the site.
Area Description: Waterfront development parcel located just three blocks from Joe Patti Seafood and close to downtown Pensacola. Maritime Park, Blue Wahoo's Baseball Stadium, Palafox St. entertainment district, Pensacola Yacht Club are all less than five minutes away. This site is the most convenient large waterfront development parcel to all the major area attractions. Direct access by boat to the Gulf of Mexico via Pensacola Bay.
Lot Frontage: 540 ft.
Lot Depth: 506 ft.
Zoning Description: C-1 and C-3 commercial City of Pensacola
In Flood Plain?: Yes
Topography: Level
Soil Type: Sandy
Available Utilities: Electric, Water, Sewer, Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,607 46,914 126,759
Median Age: 42.67 39.32 37.6
Households: 1,693 19,646 48,534

Contact

Photograph of Listing Agent

Billy Lovelace

One Palafox Properties Gulf Coast CMLS Member
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