290 Pinewood Lane - South Pinewood Lane off Frisco Road 2.86 Acres of Commercial Land Offered at $1,037,700 CAD in Pensacola, FL 32507

This waterfront development site presents a rare opportunity to acquire a commercially zoned property with approximately 145 feet of direct frontage along Bayou Chico. The parcel spans approximately 100 feet in width and 1,100 feet in depth, offering a linear configuration well-suited for a variety of development concepts. Formerly part of a historic railroad corridor, the property carries a unique character that enhances its long-term appeal. A conceptual plan for up to 28 townhouses demonstrates the site’s residential viability, while Commercial zoning provides significant flexibility for alternative uses, including mixed-use, hospitality, office, or future redevelopment strategies. This offering is ideally suited for land investors, residential developers, or mixed-use operators seeking waterfront value with optionality. Property Highlights: 145 ft direct frontage on Bayou Chico Strategic location Versatile zoning Flexible development potential