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$1,350,000
384011 MLS
Unlock an exceptional investment opportunity in one of Perdido Key’s fastest-growing corridors. This 1.3-acre property offers an unparalleled mix of visibility, access, and flexibility, with 250 feet of frontage each on Innerarity Point Road, Galvez Road, and Cruzat Way. Zoned HDMU, it is primed for both residential and commercial development, creating multiple income streams from a single site. Originally platted into 10 residential lots, the property is ideal for boutique townhomes, upscale vacation rentals, or a mixed-use destination that combines ground-floor retail with high-demand upper-floor Airbnb units. Imagine the rental income from a thoughtfully designed complex featuring a coffee shop, boutique retail, or wellness studio below, paired with luxury short-term or long-term rentals above—perfectly positioned to capture year-round tourism and steady local demand. The location is unbeatable: across from the popular Hub Stacey’s, next to picturesque Innerarity Point Park, and steps from Galvez Landing for boating, fishing, and waterfront recreation. Residents and visitors alike will appreciate the ability to walk to restaurants, entertainment, and essential services. The neighborhood’s momentum is undeniable, with several new residential communities and a modern apartment complex recently completed, increasing foot traffic and creating a ready-made customer base. The combination of tourism growth, a booming residential population, and the area’s coastal charm makes this a rare chance to secure a high-performing asset in a market poised for continued appreciation. Whether your goal is steady cash flow, long-term equity growth, or both, this prime location offers the versatility and demand drivers that investors seek. Act now to claim your place in Perdido Key’s dynamic future. NO BEACH MOUSE PERMIT NEEDED! Buyer to verify all information during due diligence.

5661 Galvez Rd, Pensacola

Listing courtesy of Levin Rinke Realty.

$189,900
357306 MLS
Beautiful, cleared corner lot in an established Perdido subdivision. Enjoy views of the lake from your backyard and an excellent view of the Intracoastal waterway across the street. This large lot is over 0.4 acres allowing plenty of room for all your desired building plans. The community offers its owners top-notch amenities including a park with 2 tennis courts, 9-acre lake, a private beach, a fishing pier, and low HOA dues of only $150/yr. It is close to the back gate of NAS Pensacola and the sugar-white sand beaches of Perdido Key are only a few miles away. This lot is a gem, so if you are looking for that perfect spot to build, check it out. Buyer to verify all information during due diligence.

5627 Grande Lagoon Blvd, Pensacola

Listing courtesy of Emerald Coast Realty.

$1,700,000
389268 MLS
Incredible Investment Opportunity | Marina Asset at a 10% Cap Rate46 Boat Slips | Bayou Chico – Pensacola, Florida | In Front of Martinique on the BayouAn exceptional opportunity to acquire a high-performing marina investment featuring 46 boat slips, ideally located in the heart of Bayou Chico, directly in front of the Martinique on the Bayou condominium community. This waterfront asset offers protected deep-water access, calm bayou conditions, and immediate connectivity to Pensacola Bay and the Gulf of Mexico.Strategically positioned near downtown Pensacola, NAS Pensacola, and key waterfront destinations, the marina benefits from strong local and transient boater demand. The surrounding residential density—anchored by an established condo development—creates built-in demand and long-term stability for slip occupancy.The marina features 46 well-maintained slips, easy navigation, and excellent water and shoreline visibility, making it well-suited as a stabilized, income-producing asset or a value-add opportunity (subject to approvals). Bayou Chico is widely regarded as one of Pensacola’s most protected and boating environments.With an attractive 10% cap rate, proven cash flow, and premier waterfront positioning, this marina represents a rare opportunity to acquire a cash-flowing maritime asset in one of Pensacola’s most established boating corridors.Buyer to verify all information during due diligence. Buyer to verify all information during due diligence.

3611 Navy Blvd, Pensacola

Listing courtesy of RE/MAX of Orange Beach.

$1,950,000
365754 MLS
This property, spanning approximately 11.0618 acres, is zoned HDMU, 25 units per acrea, according to the Escambia County Property Appraiser website, making it suitable for development into apartments, condos, or townhouses. The site features 1.27 acres of wetlands, much of which comprises a lake along the southern boundary, providing natural buffers along with the wetlands on the western boundary.Key features of the property include:458 feet of frontage along Jernigan Road30 feet of frontage along Jo Jo RoadProximity to various amenities and landmarks, including:Approximately 2 miles from the University of West Florida (UWF)Close to Target Shopping Center, Publix, Walmart, and the Baptist Health Care Center on 9 Mile RoadNear West Florida Hospital on University ParkwayAbout 2 miles from Ellyson Clean Air Industrial Park and the University Mall areaThis prime location and natural surroundings make it an attractive site for residential development. This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract, such as a purchase and sale agreement or a contract for deed. In this situation, the seller does not have legal title to the property, but the equitable interest gives seller the right to acquire legal title. Buyer to verify all information during due diligence.

8605 Jernigan Rd, Pensacola

Listing courtesy of Poppy Properties, LLC.

$875,000
385092 MLS
Rare opportunity! This 30.81-acre property along Perdido Bay in Perdido Key/Pensacola offers an incredible 850 feet of waterfront—making it one of the largest and most versatile land offerings in the area. Whether you’re dreaming of building a private estate, family compound, or developing a resort-style community, the possibilities are endless. Developers will love the potential here: room for both waterfront and interior homes, plus space for amenities like a pool, pickleball courts, pavilion with fireplace, boardwalks, trails, and a community beach with picnic area. The property is as beautiful as it is expansive, with mature trees, native vegetation, and abundant wildlife creating a peaceful natural setting. The wide bay frontage is ideal for boating, fishing, kayaking, or simply relaxing while soaking in the views and coastal breezes. Just minutes from Perdido Key’s sugar-white beaches, Orange Beach, and the Gulf of Mexico, you’ll also enjoy easy access to NAS Pensacola, downtown Pensacola, and nearby parks like Tarkiln Bayou Preserve with miles of hiking and bird-watching trails. This is truly a rare find—vast acreage, significant waterfront, and unmatched natural beauty all in one location. Whether kept as a private sanctuary or transformed into a thoughtfully designed community, this land is a blank canvas ready for the vision of its next owner. Totaling three parcels – giving you multiple access points. The Alabama Pass is just a 30-minute boat ride away, giving you endless access to both inshore and offshore adventures. Don’t miss your chance to secure a remarkable piece of Perdido Bay. Buyer to verify all information during due diligence.

12600 Meadson Rd, Pensacola

Listing courtesy of Levin Rinke Realty.

$85,000
372019 MLS
Discover the perfect canvas for your dream home or investment project on this expansive 2.14-acre residential lot located on Lillian Hwy. Nestled in a peaceful area, this undeveloped property offers endless possibilities to create a private retreat. With ample space and natural surroundings, you can design your ideal layout while enjoying convenient access to nearby amenities, schools, and major roadways. This lot combines the tranquility of a spacious property with a convenience of a prime location. Don’t miss this rare opportunity to own a sizeable residential lot with unlimited potential. Schedule your viewing today and bring your vision to life! Buyer to verify all information during due diligence.

5007 Lillian Hwy, Pensacola

Listing courtesy of Nexthome Momentum.

$89,000
684424 MLS
This is your opportunity to leave a lasting mark in one of Pensacola's most sought-after neighborhoods. Located within The Oaks of East Hill, this homesite is part of a nearly 2-acre development currently platted for nine residential lots, with one home already constructed. One of only eight remaining lots available, this property offers a rare chance to build your dream home in a thoughtfully planned community. Ideally situated just minutes from top-rated schools, parks, Pensacola International Airport, Downtown Pensacola, and the shopping and dining destinations of East Hill, this location places you in the heart of everything Pensacola has to offer. Don't miss this exceptional opportunity: call today before it's gone.

3805 10th Ave Unit #3, Pensacola

Listing courtesy of Kuhn Realty.

$89,000
684423 MLS
This is your opportunity to leave a lasting mark in one of Pensacola's most sought-after neighborhoods. Located within The Oaks of East Hill, this homesite is part of a nearly 2-acre development currently platted for nine residential lots, with one home already constructed. One of only eight remaining lots available, this property offers a rare chance to build your dream home in a thoughtfully planned community. Ideally situated just minutes from top-rated schools, parks, Pensacola International Airport, Downtown Pensacola, and the shopping and dining destinations of East Hill, this location places you in the heart of everything Pensacola has to offer. Don't miss this exceptional opportunity: call today before it's gone.

3805 10th Ave Unit #2, Pensacola

Listing courtesy of Kuhn Realty.

$800,000
684421 MLS
WATERFRONT HOMESITE WITH APPROVED PIER PERMIT, HOUSE PLANS & ENGINEERING REPORTS AVAILABLE Rarely does an opportunity like this come available on River Road in Perdido Key. Offering approximately 0.66 acres with direct frontage on Old River, this exceptional waterfront homesite provides the ideal setting to build the custom coastal residence you've always envisioned. The large parcel enjoys a desirable location surrounded by luxury waterfront homes, just minutes from Perdido Key's white sand beaches, Lost Key Golf Club, and Johnson Beach National Seashore. Unlike many vacant waterfront parcels, much of the groundwork has already been completed. The seller has invested significantly in the property's future development and will provide buyers with available surveys, geotechnical engineering information, development documents, and custom house plans designed specifically for the site, along with a previously approved private dock, which offers the potential for convenient boating access to Old River, Perdido Bay, and the Gulf of Mexico beyond. Imagine designing a waterfront retreat where your mornings begin with sunrise views over the water and your afternoons are spent boating, fishing, paddleboarding, or simply enjoying the coastal breeze from your future porch. With approximately 11 feet of water depth and ample space for a substantial residence and private dock, the possibilities are truly remarkable. Located along one of Perdido Key's most scenic stretches, this property offers the rare combination of privacy, waterfront living, and close proximity to dining, shopping, marinas, golf, and some of the most beautiful beaches on the Gulf Coast. Whether you're planning a primary residence, a luxury vacation home, or a legacy property to enjoy for generations, this is an opportunity to secure one of the few remaining waterfront homesites on River Road.

14000 River Rd, Pensacola

Listing courtesy of Perdido Key Resort Realty LLC.

$58,000
684334 MLS
An exceptional opportunity awaits in the highly desirable Leeward neighborhood. This 0.16-acre homesite offers the perfect setting to create the custom home you've always envisioned in one of the area's most convenient and sought-after communities. The current owners have already explored the possibilities for this lot by working with a local architect on a thoughtfully designed 2-story bungalow-style residence. While the architectural plans remain the property of the architect and are not included in the sale, they showcase one potential vision for maximizing the homesite. The proposed design features nearly 1,800 square feet on the main level, including a primary suite, guest bedroom, and additional full bath, with approximately 950 square feet on the second floor offering two additional bedrooms and a shared bathroom. The concept also includes a detached two-car garage with an approximately 450-square-foot guest suite above, providing additional flexibility for guests, a home office, or private living space. Of course, you're not obligated to use the existing architect or pursue the proposed plans. This lot presents the opportunity to bring your own vision to life and design a home that perfectly fits your lifestyle, subject to Leeward's Architectural Control Committee (ACC) approval. Ideally located, Leeward offers easy access to everything the Gulf Coast has to offer. You'll be just minutes from shopping, dining, grocery stores, the back gate of NAS Pensacola, beautiful Gulf beaches, and the Florida-Alabama state line. Downtown Pensacola's vibrant restaurants, boutique shopping, entertainment, and nightlife are only about 20 minutes away, making this location ideal for both full-time residents and second-home owners. Whether you're dreaming of a coastal cottage, a custom luxury retreat, or an investment opportunity, this homesite provides the perfect foundation to make it a reality. Don't miss your chance to secure a prime lot in Leeward.

4884 Leeward Dr, Pensacola

Listing courtesy of POINTE SOUTH.

$45,000
684092 MLS
This cleared and well-maintained 30' x 140' (.0974-acre) lot offers an excellent opportunity for builders, investors, or future homeowners looking for a centrally located homesite with development potential. Zoned HDMU (High Density Mixed Use), the property provides flexibility for a variety of permitted uses while benefiting from the character standards of the Inglewood Overlay District, where mobile homes are not permitted. The lot has been partially fenced for added privacy, is regularly maintained, and is ready for your plans to take shape. Known setbacks include 20 feet in the front, 15 feet in the rear, and 5 feet on each side. Public sewer is available, and the property is located in Flood Zone X. Utilities have not yet been installed. Conveniently located just minutes from Downtown Pensacola, you'll enjoy easy access to local restaurants, breweries, shopping, entertainment, and waterfront attractions. Some of Pensacola's most popular dining destinations along Pensacola Bay are only a short drive away, while the sugar-white sands of Pensacola Beach are approximately 20 minutes from the property. Whether you're looking to build a primary residence, investment property, or take advantage of the area's ongoing growth and redevelopment, this primed lot offers a rare opportunity to secure turn-key land in one of Pensacola's most convenient locations.

1804 Lakeview Ave, Pensacola

Listing courtesy of Coldwell Banker Realty.

$69,901
684008 MLS
Build your own private coastal retreat on this beautifully wooded homesite on a quiet dead-end street with no through traffic *An existing SURVEY, HOUSE PLANS, GEOTECH REPORT is available, providing added convenience and helping buyers move forward with their building plans more efficiently**Nestled among mature trees in a quiet waterfront community, this approximately 60' x 147' lot offers the perfect setting for a charming elevated cottage. Imagine pulling into your private driveway, relaxing on a covered front porch, and spending evenings around a cozy fire pit beneath the canopy of trees. The property's natural wooded setting creates a peaceful atmosphere while still being conveniently located near marinas, boat launches, beaches, shopping, dining, and NAS Pensacola. Whether you're looking to build a primary residence, vacation getaway, or investment property, this lot offers endless possibilities. The surrounding neighborhood features waterfront homes, boating access, and the laid-back coastal lifestyle that makes Pensacola so desirable. Highlights: • Wooded homesite offering privacy and natural beauty • Approximate dimensions: 60' x 147' • Minutes from Pensacola Bay and area boat launches • Ideal for an elevated coastal cottage design • Convenient access to beaches, downtown Pensacola, shopping, dining, and NAS Pensacola • Opportunity to create a custom Gulf Coast retreat Bring your builder and your vision, this is your chance to create the coastal cottage you've always imagined.

407 Reeves Rd, Pensacola

Listing courtesy of Bellator Real Estate LLC.

$150,000
683583 MLS
Opportunity awaits on 2.41 acres in a high-visibility location near some of Pensacola’s most popular destinations! Conveniently located less than one mile from I-10 and just minutes from Five Flags Speedway, this unique property offers a variety of potential uses for investors, business owners, and future homeowners. A delineation survey is available, indicating approximately 0.86 acres is readily available for multi use that may support a home, business, RV-related use, or parking operation. And all 2.41 acres can be used with proper approval. The property is currently zoned commercial, yet county regulations may allow one residential dwelling if the property is owner-occupied as a residence. Buyers should verify all intended uses, zoning requirements, and development possibilities. The location creates exciting income-producing possibilities. Situated near Five Flags Speedway and only a few miles from the Pensacola Interstate Fair, the property benefits from year-round traffic generated by races, special events, and seasonal attractions. Nearby RV parks frequently accommodate travelers, race teams, and spectators attending major racing events, including the renowned Snowball Derby. The speedway’s event schedule typically runs from spring through late fall, creating opportunities for RV parking, overflow parking, or other commercial ventures, subject to approval and permitting. An easement will need to be confirmed and established for ingress and egress. With easy interstate access, strong visibility, and flexible potential uses, this property offers a rare chance to secure acreage in a growing area with both residential and commercial appeal. Buyers are encouraged to perform their own due diligence regarding zoning, land use, access, utilities, and development potential. Don’t miss the opportunity to explore everything this strategically located property has to offer!

000 Stratford Rd, Pensacola

Listing courtesy of Epique Realty, Inc..

$185,000
683442 MLS
Build your dream coastal retreat on this exceptional homesite in highly desirable Innerarity Point! Offering beautiful water views and endless possibilities, these two combined lots are being sold together, providing ample space to bring your vision to life. Whether you're planning a primary residence, vacation home, or investment property, this ready-to-build property offers the perfect setting to create something truly special. Enjoy the best of coastal living with convenient access to boating, fishing, beaches, and waterfront recreation. Located within walking distance of Galvez Landing Boat Launch, Innerarity Point Park, and Perdido Bay, boating enthusiasts will appreciate the easy access to the Intracoastal Waterway, Perdido Bay, and the Gulf of Mexico. Conveniently located just minutes from Johnson Beach, Perdido Key, Orange Beach, NAS Pensacola, Downtown Pensacola, shopping, dining, and entertainment, this location offers the perfect balance of tranquility and accessibility. For those seeking even more possibilities, these lots can also be purchased together with the adjacent home located at 5510 Bob O Link Road, creating a unique opportunity for additional privacy, expansion, guest accommodations, or a larger waterfront estate. Don't miss this rare opportunity to secure a prime piece of Innerarity Point and build the coastal lifestyle you've always imagined.

5520 Bob-O-Link Rd, Pensacola

Listing courtesy of Levin Rinke Realty.

$119,000
683324 MLS
Prime development opportunity in the heart of Pensacola! This 52.5’ x 100’ lot offers excellent potential for residential or commercial use, making it ideal for investors, builders, or owner-users looking for a high-visibility location. Positioned along highly traveled Pace Boulevard, the property provides convenient access to downtown Pensacola, NAS Pensacola, shopping, restaurants, and major transportation corridors. With flexible potential uses and strong surrounding growth, this lot is well-suited for a single-family home, office, retail concept, mixed-use project, or income-producing investment (subject to zoning approval). Utilities are available nearby, and the level lot provides a great foundation for future development. Rare opportunity to secure a centrally located parcel in one of Pensacola’s rapidly developing corridors with strong traffic exposure and easy accessibility. Buyer to verify zoning, land use, dimensions, and development requirements with Escambia County. Lot has access to water, sewer, natural gas, and electric. The two adjacent lots are also available and can be purchased together for a combined 0.3851 acres with 110 ft along Belmont St. and 152.5 along N Pace Blvd.

320 Pace Blvd, Pensacola

Listing courtesy of Alliance Real Estate.

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