Residential Development Land
For Sale
$215,000
5006 West Fairfield Drive, Pensacola, FL 32506
1.91-acre parcel along W Fairfield Drive with approved plans for an 8-duplex, 16-unit multifamily project.
Property SizeContact for details
Lot Size1.91 Acres
Days on Market513
Property Features for 5006 West Fairfield Drive
General Information
Standard status
Active
Lot size
1.91 Acres
Property subtype
Land / Land/Acreage
Additional Details
Road Access
Yes
Listing Agency:
Covewood Estates LLC
Listed By:
Mark Haberle · License #14669
(850) 380-8585
Source:
Compass
Added: Apr 10, 2025
Changed: Sep 2
Last Checked: Sep 1 at 10:38PM
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 Covewood Estates LLC
Investment Insights
Based on property information with market context.
This 1.91-acre land parcel is offered as a development site along W Fairfield Drive. A previous development order was approved for an 8-duplex, 16-unit multifamily project, including a minimum of 36 paved parking spaces. A complete set of plans is available and will convey with the sale.
The property is positioned for convenient access and visibility along the Fairfield Drive corridor, with proximity to major roadways, shopping, and employment centers as noted in the remarks.
For a residential-focused development, the existing approved multifamily layout and conveyed plans provide a foundation for moving forward on site planning and approvals.
The property is positioned for convenient access and visibility along the Fairfield Drive corridor, with proximity to major roadways, shopping, and employment centers as noted in the remarks.
For a residential-focused development, the existing approved multifamily layout and conveyed plans provide a foundation for moving forward on site planning and approvals.
Key Highlights
- 1.91‑acre parcel on W Fairfield Dr in Pensacola, FL
- Approved development order for an 8‑duplex (16‑unit) multifamily project
- Approved plans include a minimum of 36 paved parking spaces
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
372
Businesses Nearby
Explore this area
Business Placement
Demographics for 32506, FL
36,017
Population
16,625
Households
2.2
Avg Household Size
39
Median Age
24%
College-Educated
88%
High-School Grad
30.6 sq mi
ZIP Area
1,177
Density / Sq Mi
$59,978
Median Household Income
$36,216
Median Earnings
$1,280
Median Rent
$200,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 1.91-acre parcel along W Fairfield Drive with approved plans for an 8-duplex, 16-unit multifamily project.
Where is this residential land & home lot located?
The property is located at 5006 West Fairfield Drive Pensacola, FL.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: 1.91‑acre parcel on W Fairfield Dr in Pensacola, FL; Approved development order for an 8‑duplex (16‑unit) multifamily project; Approved plans include a minimum of 36 paved parking spaces
