13
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$7,500,000
Est. payment /mo
7 Acres Lot
Price Dropped by $700K
612 S 1st St Pensacola, FL 32507
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Key Details
Property Type Vacant Land
Sub Type Residential Lots
Listing Status Active
Purchase Type For Sale
Subdivision Spinnaker Cove
MLS Listing ID 667648
HOA Y/N Yes
Lot Size 7.000 Acres
Acres 7.0
Property Sub-Type Residential Lots
Source Pensacola MLS
Property Description
SELLER IS FLUSHING ASSETS, ALL OFFERS WELCOME SPINNAKER COVE | PREMIER WATERFRONT DEVELOPMENT OPPORTUNITY A master-planned, gated community spanning 7+ acres along Bayou Grande, Spinnaker Cove offers direct access to Pensacola Bay and front-row views of the iconic Blue Angels. Featuring access to 18+ community boat slips and the acquired Anne's Bayou with proposed walking trails, this luxury enclave sits minutes from NAS Pensacola and White Island's future sand replenishment project. Zoned for flexible mixed-use this opportunity is ideal for a blend of waterfront estates, luxury townhomes, high-density residential, and retail. Development potential includes condominiums, a rooftop restaurant, boutique hotel, co-working space, and a café. With all zoning approvals, conditional use permits, and engineering studies complete, this investment opportunity is turnkey-ready. Positioned within the Navy Boulevard revitalization corridor, demand is bolstered by a strong military and vacation rental market—making Spinnaker Cove a rare opportunity to shape Pensacola's next landmark coastal community. Please contact listing agent for an executive summary of the development and/or access to due diligence documents.
Location
State FL
County Escambia - Fl
Exterior
Waterfront Description Bayou
View Y/N No
Building
Faces Head south on 1st st until you run into the gates
Water Public
New Construction No
Others
Tax ID 512S306046000018
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