Industrial Land with Multiple
For Sale
$335,000
616 Massachusetts Avenue, Pensacola, FL 32505
Six-parcel property includes an existing 2,394 sf building plus four undeveloped HC/LI-zoned lots.
Property Size2,394 SF
Price / SF$139.93
Days on Market693
Property Features for 616 Massachusetts Avenue
General Information
Standard status
Active
Size
2,394 SF
Property subtype
Land / Land/Acreage
Zoning
HC/LI
Listing Agency:
Levin Rinke Realty
(850) 512-0977
Listed By:
Bonnie Staples · License #14011
(850) 512-0977
Source:
Compass
Added: Oct 7, 2024
Changed: Aug 25
Last Checked: Aug 29 at 2:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Levin Rinke Realty
Investment Insights
Based on property information with market context.
This six-parcel property includes an existing 2,394 sf building, currently given no value, along with additional residential lots and four other undeveloped lots. The building can be renovated, or you may choose to build a new home on one or both of the residential lots. The remaining four lots are undeveloped and zoned HC/LI.
The property is located at 616 Massachusetts Avenue in Pensacola, Florida 32505.
With multiple parcels and both an existing structure and undeveloped land, the site offers flexibility for buyers looking to develop or re-purpose the improvements based on their plans.
The property is located at 616 Massachusetts Avenue in Pensacola, Florida 32505.
With multiple parcels and both an existing structure and undeveloped land, the site offers flexibility for buyers looking to develop or re-purpose the improvements based on their plans.
Key Highlights
- Six‑parcel property includes an existing 2,394 SF building with no value assigned to the building.
- Four additional parcels are undeveloped and zoned HC/LI.
- Opportunity to renovate the existing 2,394 SF building or build new homes on the residential lots.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
343
Businesses Nearby
Explore this area
Business Placement
Demographics for 32505, FL
28,671
Population
12,278
Households
2.3
Avg Household Size
36
Median Age
14%
College-Educated
82%
High-School Grad
13.0 sq mi
ZIP Area
2,205
Density / Sq Mi
$41,039
Median Household Income
$27,950
Median Earnings
$1,053
Median Rent
$120,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Six-parcel property includes an existing 2,394 sf building plus four undeveloped HC/LI-zoned lots.
Where is this residential land & home lot located?
The property is located at 616 Massachusetts Avenue Pensacola, FL.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Six‑parcel property includes an existing 2,394 SF building with no value assigned to the building.; Four additional parcels are undeveloped and zoned HC/LI.; Opportunity to renovate the existing 2,394 SF building or build new homes on the residential lots.
