Intercoastal Waterway Pensacola Florida Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 30822968
Property Subtypes: Hospitality, Multi-Family, Retail, Vacation/Resort, Other
Gross Land Area: 1.48 Acres
Sale Price: $3,500,000
Unit Price: $2,364,864 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/10/2022

Overview / Comments

Waterfront development opportunity of approximate 1.48 acres on the intercoastal waterway just off Gulf Beach Highway.
Previously improved property mostly clear with sea wall. Former pier/dock for approximate ten (10) slips.
Potential use include restaurant, multifamily, hotel, townhomes, condominiums.
Suburban surrounding area includes single family homes and condominiums
Two (2) lots, 10160 Sinton Dr. and 5533 Casa Maria Ln.
Utilities available in the area; electric, natural gas, water, and sewer. Acreage is approximate.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County Florida
Tax ID/APN: 243S311102001001 & 243S311102002001
Zoning: COMMERCIAL
Property Located Between: Gulf Beach Highway and Casa Maria Drive
Property Visibility: Excellent
Legal Description: 10160 SINTON DR Pensacola Florida 32507 Escambia County Property Appraiser 243S311102001001 - Full Legal Description BEG AT NW COR OF BLK 1 S ALG W LI OF BLK 660 FT FOR POB E AT ANG OF 90 DEG 125 FT TO E LI OF BLK S AT ANG OF 90 DEG & ALG E LI OF BLK 293 FT TO SHORE OF BIG LAGOON NWLY ALG SHORE OF LAGOON TO W LI OF BLK N ALG W LI OF BLK 243 FT TO POB PART OF BLK 1 QUINAVISTA PB 2 P 68 OR 6633 P 1718 5533 CASA MARA LN Pensacola Florida 32507 Escambia County Property Appraiser 243S311102002001 - Full Legal Description BEG AT NW COR OF BLK 1 S ALG W LI OF BLK 480 FT FOR POB E AT ANG OF 90 DEG 125 FT TO E LI OF BLK S AT ANG OF 90 DEG & ALG E LI OF BLK 180 FT W AT ANG OF 90 DEG 125 FT TO W LI OF BLK N ALG W LI OF BLK 180 FT TO POB PART OF BLK 1 QUINAVISTA PB 2 P 68 OR 6633 P 1718
Largest Nearby Street: Gulf Beach Highway
Traffic/Vehicle Count: 6,300
Highway Access: Gulf Beach Highway State Rd 292, Interstates 98, 90, 10
Airports: Pensacola International Airport (PNS) Naval Air Station Pensacola (NAS)
Site Description: Waterfront development opportunity of approximate 1.48 acres on the intercoastal waterway just off Gulf Beach Highway. Previously improved property mostly clear with sea wall. Former pier/dock for approximate ten (10) slips. Potential use include restaurant, multifamily, hotel, townhomes, condominiums. Suburban surrounding area includes single family homes and condominiums Two (2) lots, 10160 Sinton Dr. and 5533 Casa Maria Ln.
Area Description: Market Pensacola FL - Mobile AL Sub Market Pensacola-Ferry Pass-Brent, FL Perdido Area Waterfront development opportunity in suburban area the intercoastal waterway just off Gulf Beach Highway Surrounding area includes single family homes and condominiums Utilities available in the area; electric, natural gas, water and sewer. Acreage is approximate
Lot Frontage: 120
Lot Depth: 500
Zoning Description: Commercial Sec. 3-2.10 Escambia County Florida
Available Utilities: Electric, Water, Gas, Sewer, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,611 9,692 31,995
Median Age: 37.84 35.79 35.61
Households: 2,111 3,743 12,419

Contact

Photograph of Listing Agent

Joseph J. Leccese

Coldwell Banker Commercial Realty Gulf Coast CMLS Member
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