SELLER IS FLUSHING ASSETS, ALL OFFERS WELCOME 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.
Listed By
Agency Name: Scenic Sotheby's International Realty
Agency Phone: 850-231-6052
Shown By
Agency Title: The Realty Vault
Agency Phone: 850-477-3948
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
612 S 1st St | MLS# 667648
This land located at 612 S 1st St, 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 www.therealtyvault.com today.