FL > Pensacola > Innerarity Point
Pensacola, FL 32507,5661 Galvez Road
Pensacola, FL 32507,5661 Galvez Road
Pensacola, FL 32507,5661 Galvez Road
Pensacola, FL 32507,5661 Galvez Road
Pensacola, FL 32507,5661 Galvez Road
Pensacola, FL 32507,5661 Galvez Road
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Nicole Smith

Nicole Smith

+1(251) 776-2909
$ 1,350,000
Est. payment | /mo

1.31 Acres Lot

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$ 1,350,000
Est. payment | /mo
Save Virtual Tour

1.31 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Innerarity Point

MLS Listing ID 384011

Annual Tax Amount $1,469

Lot Size 1.310 Acres

Lot Dimensions 250 x 250

Property Sub-Type Unimproved Land

Property Description

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.

Location

State FL

County Escambia

Area Escambia County Fl

Zoning 2+ Family Residence,Other-See Remarks,Single Family Residence

Exterior

Community Features Fishing, Gazebo, Playground

Waterfront Description ICW Accs (<=1/4 Mi)

View Y/N Yes

View Direct ICW-Across Rd, Indirect ICW-Across Rd

Garage No

Building

Lot Description Land, 1-3 acres, Corner Lot

Water Public

Schools

Elementary Schools Not Baldwin County

Middle Schools Not Baldwin County

High Schools Not Baldwin County

Others

Pets Allowed Allowed

Ownership Whole/Full

Virtual Tour https://youtu.be/CfgnnZi2_PY

Listed by Levin Rinke Realty

GET MORE INFORMATION

agent
Nicole Smith

REALTOR® | Licensed in Alabama and Florida | Lic# AL #82151 / FL #SL3129219

+1(251) 776-2909

1545 W 2nd St, Gulf Shores, AL, 36542, USA

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5661 Galvez Road