Mirella St Pensacola, FL 32507

This is a rare opportunity to purchase approximately 19.57 acres of waterfront land in Pensacola, Florida. The property, located in the Innerarity Heights and Perdido Key area, is suitable for a condo or residential development due to its location on Bayou Garcon. The site consists of six contiguous parcels with zoning for single-family residential homes. Approximately 16.57 acres are zoned "Com" Commercial, and about 3 acres are zoned "LDMU, Low-Density Mixed-Use." The current zoning allows for a potential development of 423 dwelling units. The property features over 1,378 feet of unobstructed views and a pier extending into Bayou Garcon. All private and public utilities are available. Building restrictions will be recorded at closing, and homes must be built on piling, with a mandatory wetland buffer setback requirement of 40 feet, according to Escambia County. The waterway, natural wetlands, and surrounding nature provide natural amenities. The property is located 4 minutes from the public beach at Perdido Key and 5 minutes from the back gate of Pensacola Naval Air Station. It is also near shopping, restaurants, and entertainment. The property is located in the Perdido Key, Innerarity Point, and Gulf Beach Hwy area of Pensacola, Florida, near two grocery store anchors and close to the Lost Key Plantation Golf Course, restaurants, retail, and the beaches of Perdido Key. The Pensacola market has experienced growth due to population increase and a strong median income. The property is near the core retail trade area, the airport, hospital, University of West Florida, NAS Pensacola, and Whiting Field Naval Base. The location offers direct, deep water access to beaches and privacy.