612 S 1st Street, Pensacola, FL 32507

$7,500,000
  • 612 S 1st Street, Pensacola, FL 32507 Main Photo

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Active
LOT SIZE 7.000 acres MLS#980980
STATUSActive PROPERTY TYPELand - Commercial SUBDIVISIONSPINNAKER COVE

Property Description

SELLER IS FLUSHING ASSETS, ALL OFFERS WELCOME. 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 marketmaking Spinnaker Cove a rare opportunity to shape Pensacola's next landmark coastal community.

612 S 1st Street | MLS# 980980

This land located at 612 S 1st Street, Pensacola, FL 32507 is currently listed for sale with an asking price of $7,500,000. The property has approximately 7.00 Acres. Search Pensacola real estate on lynnvaughnstoner.premierfl.com today.

Property Features

Property Type: Land - Commercial
Lot Size: 7.00 Acres

Feature Descriptions

Community Features: Waterfront
Days on Site: 239
Financing Terms: Conventional, Other
Lot: Within 1/2 Mile to Water, See Remarks
Lot Dimensions: NA
Parcel Number: 512S306046000018
Road Frontage: City Road
Road Surface: Paved Road
Special View Info: Bayou, Bay
Sub Type: Vacant Land
Utilities: None
Waterfront: Bay, Bayou

Local Schools

High School: Pensacola
Middle School: Warrington
Elementary School: Warrington

Listed By / Shown By

Listed By

Agency Name: Scenic Sotheby's International Realty

Shown By

Agent Name: Lynn Vaughn Stoner
Agent Phone: (706) 260-8967
Agency Title: Premier Property Group

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Estimated Payment

$ 18,879.25 per month $16,691.75 Principal & Interest $0.00 Property Tax (data not provided by mls) $2,187.50 Homeowner's Insurance

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