Land for Sale - 612 S 1st St, Pensacola, FL 32507 - 7.0 acres

Residential Lots - Pensacola, FL

612 S 1st St, Pensacola, FL | Lat/Lng:  30.3756, -87.2735

$7,500,000
7 ac.
07/13/2025
ACTIVE
Main Listing ImageMain Listing Image

Description

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 Annes Bayou with proposed walking trails, this luxury enclave sits minutes from NAS Pensacola and White Islands 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 caf. 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 marketmaking Spinnaker Cove a rare opportunity to shape Pensacolas next landmark coastal community. Please contact listing agent for an executive summary of the development and/or access to due diligence documents. Copyright 2026 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Details

CountyEscambia
Zipcode32507
Property Type OneUndeveloped Land
Property Type TwoLakefront Property
Property Type ThreeWaterfront Property
BrokerageScenic Sotheby's International Realty
Brokerage Linkwww.scenicsir.com/agents/338915-JP-Birdwell/
John Birdwell
Scenic Sotheby's International Realty
(850) 231-6052
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