Waterfront Multifamily Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 30875759
Property Subtypes: Multi-Family
Gross Land Area: 2.71 Acres
Sale Price: $2,100,000
Unit Price: $774,907 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/26/2024

Overview / Comments

This 2.71-acre waterfront multifamily development opportunity in Perdido, Florida, just outside Pensacola, offers a prime location with direct access to the water. Featuring stunning views and the potential for private docks enhances its appeal. Situated in the desirable Perdido area and proximity to Pensacola's amenities, the site is ideal for a multifamily development, providing ample space for community amenities and green spaces. Located near Big Lagoon State Park, the Naval Air Station Pensacola, and the National Museum of Naval Aviation, makes it attractive to a wide range of potential residents. With easy access to highways, shopping, dining options, and recreational activities, the location ensures convenience for future residents. As Perdido experiences growth and increasing interest from residents and investors, this property presents a unique chance to capitalize on the scenic waterfront location and the demand for quality housing in the area.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 233S311101000007
Zoning: COM
Property Located Between: Blue Angel Parkway and Gulf Beach Highway
Largest Nearby Street: Gulf Beach Parkway
Airports: Pensacola International Airport

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,215 8,284 31,728
Median Age: 42.48 38.56 37.4
Households: 965 3,361 12,778

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