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    10160 Sinton dDr 5533 Casa Maria Lane Pensacola, FL 32507

    Source: https://www.saltercompany.com
    For Sale
    $2,700,000

    1.48-acre waterfront commercial lot, development potential.

    Property size:
    64,468 SF

    Description

    Added:
    Feb 10, 2025
    Days on Market:
    306
    Exceptional waterfront development opportunity in Pensacola, Florida, situated on Big Lagoon. This 1.48-acre parcel presents a unique chance to capitalize on its prime location and existing approvals. Previously approved plans allow for the construction of up to 37 condo units and up to 10 boat slips, making this an ideal project for developers seeking a high-return investment. The property's waterfront location offers stunning views and direct access to Big Lagoon, enhancing the desirability of any future development. Beyond condo development, the site also holds potential for a hotel, subject to necessary approvals from the local Planning and Zoning department. The seller is open to exploring various acquisition options, including owner financing and lease-option purchase agreements. Lease options are available for terms up to 10 or 20 years. This property at 10160 Sinton Dr 5533 Casa Maria Lane, Pensacola, FL 32507, offers significant upside potential for the right investor. The asking price is $2,700,000. Detailed information regarding financing options is available upon request.

    Property Features for 10160 Sinton dDr 5533 Casa Maria Lane

    General Information

    Property type
    Other land
    Square Feet
    64,468 SF
    Price / Square Foot
    $41
    Elevators
    N/A
    Lot Size
    64,469 SF

    HighLights

    • Prime 1.48‑acre waterfront Pensacola, FL location.
    • Previously approved for 37 condo units and 10 boat slips.
    • Owner financing and lease options available; potential hotel site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Auto Repair Shop Pharmacy Computer & Electronic Repair Convenience Store Tech Support Center

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

    Location Insight

    City
    Pensacola
    State
    Florida

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    FAQs

    What type of property is this?
    Land - 1.48-acre waterfront commercial lot, development potential.
    Where is this land located?
    The property is located at 10160 Sinton dDr 5533 Casa Maria Lane Pensacola, FL.
    What is the asking price?
    The asking price for this property is $2,700,000.
    What are key features of this property?
    This property features: Prime 1.48-acre waterfront Pensacola, FL location.; Previously approved for 37 condo units and 10 boat slips.; Owner financing and lease options available; potential hotel site.
    (850) 564-0120
    Request Owner's contact information
    10160 Sinton dDr 5533 Casa Maria Lane 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
    10160 Sinton dDr 5533 Casa Maria Lane Pensacola, FL 32507
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