Pensacola, FL 32507,612 S 1st ST
Pensacola, FL 32507,612 S 1st ST
Pensacola, FL 32507,612 S 1st ST
Pensacola, FL 32507,612 S 1st ST
Pensacola, FL 32507,612 S 1st ST
Pensacola, FL 32507,612 S 1st ST
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$ 8,200,000
Est. payment | /mo

7 Acres Lot


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$ 8,200,000
Est. payment | /mo
Save

7 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 776293

HOA Y/N No

Lot Size 7.000 Acres

Acres 7.0

Property Sub-Type Unimproved Land

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.

This listing consist of 34 Parcels as follows:
1) 512S306040004024 600 Blk South Navy Boulevard
2) 512S306040003024 600 Blk South Navy Boulevard
3) 512S307062081041 600 South Navy Boulevard
4) 512S307062080041 5 Interbay Avenue
5) 512S307062070041 601 South 1st Street
6) 512S307062060041 603 1st Street
7) 512S307062006040 602 South 1st Street 8) 512S307062007040 604 South 1st Street 9) 512S307062008040 606 South 1st Street 10) 512S307062009040 608 South 1st Street 11) 512S307062004040 601 South 2nd Street 12) 512S307062003040 603 South 2nd Street 13) 512S307062001040 605 South 2nd Street 14) 512S306046000018 612 South 1st Street 15) 512S306046000017 612 South 1st Street 16) 512S306046000013 600 Blk South 1st Street
17) 512S306046000012 600 Blk South 1st Street
18) 512S306046000011 600 Blk South 1st Street
19) 512S306046000010 600 Blk South 1st Street
20) 512S306046000009 600 Blk South 1st Street
21) 512S306046000006 600 Blk South 1st Street
22) 512S306046000005 600 Blk South 1st Street
23) 512S306046000004 600 Blk South 1st Street
24) 512S306046000003 600 Blk South 1st Street
25) 512S306046000002 600 Blk South 1st Street
26) 512S306046000001 600 Blk South 1st Street
27) 512S306046000038 600 Blk South 1st Street
28) 512S306046000040 600 Blk South 1st Street
29) 512S306046000041 600 Blk South 1st Street
30) 512S306046000042 600 Blk South 1st Street
31) 512S307062004039 604 South 2nd Street 32) 512S307062003039 600 South 2nd Street 33) 512S307062002039 200 Blk Interbay Avenue
34) 512S306040003023 Palomar Drive
ANNE'S BAYOU IS INCLUDED IN THE OFFERING

Location

State FL

County Escambia

Area 13 - Escambia County

Interior

Fireplace No

Exterior

Waterfront Description Bay Access,Bayou,See Remarks,Waterfront

Water Access Desc Bay Access,Bayou,See Remarks,Waterfront

Building

Lot Description Acreage, Other, Waterfront, Paved

Additional Building None

Schools

Elementary Schools Hellen Caro

Middle Schools Bailey

High Schools Other

Others

Tax ID 512S306046000018

Acceptable Financing Cash

Listing Terms Cash

Financing Conventional

Special Listing Condition Listed As-Is

Listed by Scenic Sotheby's International Realty

GET MORE INFORMATION

Jessica & Leroy Eshelman
Jessica & Leroy Eshelman

Agent

+1(850) 409-9400 | eshelmansonthecoast@gmail.com

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612 S 1st ST