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Investment Highlights

  • Excellent Downtown Location
  • Cleared and ready for development

Executive Summary

Downtown Pensacola Development Parcel – 0.267 Acres
Located in the dynamic core of Downtown Pensacola, this 0.267-acre vacant parcel presents a compelling opportunity for commercial real estate investors and developers. Formerly owned by the City of Pensacola, the site includes a development obligation for four units, making it ideal for mixed-use or multifamily development.
Property Highlights:
Size: Approximately 60’ x 185’ (+/-)
Zoning: C-2A (Downtown Commercial), allowing for a broad range of commercial and residential uses
Condition: Cleared and paved with asphalt, ready for development
Location Advantages:
Situated within walking distance of government buildings, professional offices, retail shops, restaurants, and entertainment venues
Just blocks from Blue Wahoos Stadium, a major regional draw for sports and events
Close proximity to Seville Square, Palafox Street, and historic districts, offering cultural and lifestyle appeal
Regional Connectivity & Amenities:
Less than 15 minutes to Pensacola Beach, offering world-class white sand beaches and waterfront recreation
Nearby access to Vince J. Whibbs Sr. Community Maritime Park, Plaza de Luna, and other public green spaces
Approximately 20 minutes to Naval Air Station Pensacola, home to the Blue Angels and a major employment center
Easy access to major roadways including US-98, I-110, and Scenic Highway
Development Potential:
This parcel is ideally positioned to benefit from Pensacola’s ongoing downtown revitalization and population growth. With flexible zoning, strong pedestrian traffic, and proximity to key amenities, the site is well-suited for a high-impact commercial or mixed-use project.

Property Facts

Price $560,554 CAD
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • General Freestanding
  • Healthcare
  • Hold For Development
  • Medical
  • Storefront, Retail or Office
Total Lot Size 0.26 AC
Zoning C-2A - Downtown commercial district allows for retail, residential, and mixed-use.

1 Lot Available

Lot

Price $560,554 CAD
Price Per AC $2,155,976.17 CAD
Lot Size 0.26 AC

Cleared, paved vacant lot in Downtown Pensacola. Ready for your development ideas.

Description

This parcel was once part of a larger city owned tract. The rest of the parcel was developed into a 6 unit Class "A" mixed use building fronting Government St.

Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
00-0S-00-9001-020-120
Land Assessment
$394,661 CAD
Improvements Assessment
$4,645 CAD
Total Assessment
$399,306 CAD
  • Listing ID: 37253141

  • Date on Market: 2025-08-13

  • Last Updated:

  • Address: 100 Blk Intendencia St, Pensacola, FL 32502

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