612 S 1st St new

Pensacola,FL 32507

$ 8200000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Residential Lots

Listing Status Active

Purchase Type For Sale

Subdivision Spinnaker Cove

MLS Listing ID 667648

HOA Y/N Yes

Lot Size 7.000 Acres

Acres 7.0

Property Sub-Type Residential Lots

Source Pensacola MLS

Property Description

SPINNAKER COVE | PREMIER WATERFRONT DEVELOPMENT OPPORTUNITY 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 market—making Spinnaker Cove a rare opportunity to shape Pensacola's next landmark coastal community. Please contact listing agent for an executive summary of the development and/or access to due diligence documents.

Location

State FL

County Escambia - Fl

Exterior

Waterfront Description Bayou

View Y/N No

Building

Faces Head south on 1st st until you run into the gates

Water Public

New Construction No

Others

Tax ID 512S306046000018

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