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Waterfront Multifamily Development Opportunity
For Sale
$2,100,000

150 Ethel Wingate Dr, Pensacola, FL 32507

2.71-acre waterfront property in Perdido, Florida, ideal for development.

Property Size2 SF
Price / SF$1,050,000
Days on Market274

Property Features for 150 Ethel Wingate Dr

General Information

Standard status Active
Size 2 SF
Property subtype Land
Listing Agency: SVN | Southland Commercial Real Estate
Listed By: Michael Carro, CCIM · License #FL #BK3179263
Source: Svn
Added: Nov 21, 2025 Changed: Aug 16 Last Checked: Aug 22 at 3:50AM

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 SVN | Southland Commercial Real Estate

Investment Insights

Based on property information with market context.

This 2.71-acre waterfront multifamily development opportunity is located in Perdido, Florida, just outside Pensacola, and offers direct access to the water. The site features views and the potential for private docks. Situated in the Perdido area, it is near Pensacola's amenities and is suitable for a multifamily development, providing space for community amenities and green spaces. The property is located near Big Lagoon State Park, the Naval Air Station Pensacola, and the National Museum of Naval Aviation. With access to highways, shopping, dining, and recreational activities, the location ensures convenience for future residents. The property is near the Blue Angel Recreation Area. As Perdido experiences growth and increasing interest from residents and investors, this property presents a chance to capitalize on the waterfront location and the demand for quality housing in the area.

Key Highlights

  • Direct waterfront access for multifamily development.
  • 2.71 acre site in desirable Perdido, Florida.
  • Potential for private docks and stunning views.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Restaurant Auto Repair Shop Pharmacy Real Estate Agency Storage Facility Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

39
Businesses Nearby

Demographics for 32507, FL

31,215
Population
19,131
Households
1.6
Avg Household Size
44
Median Age
32%
College-Educated
91%
High-School Grad
27.9 sq mi
ZIP Area
1,119
Density / Sq Mi
$69,802
Median Household Income
$38,000
Median Earnings
$1,238
Median Rent
$267,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - 2.71-acre waterfront property in Perdido, Florida, ideal for development.
Where is this land located?
The property is located at 150 Ethel Wingate Dr Pensacola, FL.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Direct waterfront access for multifamily development.; 2.71 acre site in desirable Perdido, Florida.; Potential for private docks and stunning views.
More about this property
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