Stormwater-Exempt Vacant Land
For Sale
$1,700,000
120 S Tarragona St, Pensacola, FL 32502
LAND - Pensacola, FL
Lot Size0.33 Acres
Days on Market149
Property Features for 120 S Tarragona St
General Information
Property type
Land
Property subtype
Other
Subdivision
Old City Tract
Elementary school
Global Learning Academy
Middle school
WORKMAN
High school
Pensacola
Directions
From Garden St, south on Tarragona, lots are located on the left before Intendencia St. Location of lot is currently being used as a parking lot.
Standard status
Active
APN
000S007901000002
Lot size
0.33 Acres
Taxes and HOA fees
Tax Description
LT 2 TERRACES AT TARRAGONA PB 20 P 91/91A OR 8390 P 292 OR 8964 P 1924 CA 74
Legal Description
LT 2 TERRACES AT TARRAGONA PB 20 P 91/91A OR 8390 P 292 OR 8964 P 1924 CA 74
Utilities
Water source
Public
Listing Agency:
Levin Rinke Realty
(850) 916-5050
Listed By:
Joshua Keith
(850) 916-5050
Added: Mar 6
Changed: Aug 2
Last Checked: Aug 2 at 8:06PM
MLS# 678806
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.
Investment Insights
Based on property information with market context.
Vacant land parcel totaling 0.3273 acres at 120 S Tarragona St, Pensacola, FL 32502. The site is stormwater exempt, which can reduce development complexity and related costs compared to other downtown parcels.
The parcel is located in the Historic District and is surrounded by established restaurants, retail, offices, and residential development. Public water service is available at the site, supporting a straightforward path to build.
This is a buildable, flexible development opportunity for parties seeking to develop within downtown Pensacola’s Historic District context.
The parcel is located in the Historic District and is surrounded by established restaurants, retail, offices, and residential development. Public water service is available at the site, supporting a straightforward path to build.
This is a buildable, flexible development opportunity for parties seeking to develop within downtown Pensacola’s Historic District context.
Key Highlights
- 0.3273‑acre vacant land parcel at 120 S Tarragona St, Pensacola, FL 32502
- Stormwater exempt status to simplify development planning
- Located in downtown Pensacola’s Historic District
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,943
Businesses Nearby
Explore this area
Business Placement
Demographics for 32502, FL
4,277
Population
2,582
Households
1.7
Avg Household Size
46
Median Age
36%
College-Educated
92%
High-School Grad
2.7 sq mi
ZIP Area
1,584
Density / Sq Mi
$67,548
Median Household Income
$41,011
Median Earnings
$1,313
Median Rent
$229,000
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Vacant parcel in downtown Pensacola’s Historic District with stormwater exemption and public water service.
Where is this commercial land located?
The property is located at 120 S Tarragona St Pensacola, FL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 0.3273‑acre vacant land parcel at 120 S Tarragona St, Pensacola, FL 32502; Stormwater exempt status to simplify development planning; Located in downtown Pensacola’s Historic District
