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    5602 North Shore Way Pensacola, FL 32507

    For Sale
    $72,000

    Residential Lots - Pensacola, FL

    Lot size:
    0.26 Acres
    Days on Market:
    70
    Last Refresh:
    Dec 10 at 6:06 pm

    Property Features for 5602 North Shore Way

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    153S322003002002
    Lot size
    0.26 Acres

    Building Details

    Architectural style
    Other

    Pointe South (850) 516-7238 [email protected]

    Listing agent Susan Carleton (850) 516-7238

    Listing date Oct 2, 2025

    MLS# 671784 Listing URL

    Copyright © 2025 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.

    Overview

    Innerarity Island Residential Lot

    Located in the gated community of Innerarity Island, this vacant lot on North Shore Way offers an opportunity to build a custom home. The property is situated along the Gulf Coast, surrounded by live oaks and native wildlife. Residents can enjoy sunsets over Perdido Bay from the community's waterfront park. The island provides a serene and private lifestyle, while remaining conveniently close to Perdido Key beaches, shopping, dining, and both Downtown Pensacola and Orange Beach, AL. The lot allows for the construction of a coastal cottage or a modern waterfront-inspired design, subject to architectural committee approval. The property is located in Pensacola, FL, with a postal code of 32507, and is part of Escambia County. The lot size is 0.2553 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Hotel & Motel Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.485722
    Latitude
    30.315953

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    FAQs

    What type of property is this?
    Residential land & home lot - Vacant lot in a gated waterfront community near Perdido Key.
    Where is this residential land & home lot located?
    The property is located at 5602 North Shore Way Pensacola, FL.
    What is the asking price?
    The asking price for this property is $72,000.
    What are key features of this property?
    This property features: - Vacant lot in the private, gated community of Innerarity Island.; - Access to community waterfront park with sunset views over Perdido Bay.; - Close proximity to Perdido Key beaches, shopping, and dining.
    (850) 516-7238
    Request Owner's contact information
    5602 North Shore Way Pensacola, FL 32507
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5602 North Shore Way Pensacola, FL 32507
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