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Listed by John Birdwell • Scenic Sotheby's International Realty
$ 8,200,000
Est. payment | /mo
7 Acres Lot
$ 8,200,000
Est. payment | /mo
7 Acres Lot
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 lots with rights 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 up to 120 feet heights, 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 the way paved to all zoning approvals, conditional use permits, and engineering studies, this investment opportunity is nearly turnkey-ready. Positioned within the Navy Boulevard revitalization corridor which encompasses millions of dollars, demand is bolstered by a strong “Emerald Coast” vacation rental market—making Spinnaker Cove a rare opportunity in what many are calling “The Hampton's of the South” to shape Pensacola's next landmark coastal community. Contact listing agent for executive summary and 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
Virtual Tour https://portal.riptidemedia.net/videos/0197adbf-45d6-734a-8a44-f2f6240e922a
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Nicole Smith
REALTOR® | Licensed in Alabama and Florida | Lic# AL #82151 / FL #SL3129219