1.6 Acre Development Site

Vacant Land for Sale
Catylist Listing ID: 30574837
Property Subtypes: Hospitality, Multi-Family, Residential (Single Family), Vacation/Resort, Other
Gross Land Area: 1.56 Acres
Sale Price: $2,000,000
Unit Price: $1,282,051 Per Acre
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 9/3/2020

Overview / Comments

Stunning 1.6 acre development site located at 805 Bayshore drive featuring approximately 180' of frontage on Pensacola Bay with gorgeous views south towards Gulf Breeze and Pensacola Beach. The property is zoned High Density Residential (HDR) which allows for a variety of uses including Assisted Living Facilities (ALF), Retirement homes, and Multi-Family and residential condo developments with up to 20 units per acre. The zoning also provides for a minimum lot width of 40' for single family development.
805 Bayshore provides ample opportunity to developers to create a one of a kind residential development which leverages the amazing views, and close proximity to the areas best recreation, including the Pensacola Yacht Club, and the Pensacola Country Club which is literally across the street! Additional land may be acquired, inquire with listing agent.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 502S305080050004
Zoning: HDR

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,380 55,217 118,463
Median Age: 41.06 35.81 37.39
Households: 2,432 20,841 46,198

Contact

Photograph of Listing Agent

Justin A. Beck, CCIM, CPM

Beck Partners CRE, LLC TALrex.com Member
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