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Waterfront Land in Pensacola, FL
For Sale
$595,000

5870 Red Cedar Street, Pensacola, FL 32507

Land, Pensacola, FL

Property SizeContact for details
Lot Size0.30 Acres
Days on Market317

Property Features for 5870 Red Cedar Street

General Information

Property type Land
Property subtype Other
Subdivision Innerarity Island
Lot features Cul-De-Sac, Waterfront, Lot
Elementary school Not Baldwin County
Middle school Not Baldwin County
High school Not Baldwin County High
Directions over the bridge to mainland, left at Publix (Innerarity Point Road), down thru the gate into Innerarity Island to end, left to Red Cedar.
Standard status Active
APN 153S322001007005
Lot size 0.30 Acres

Taxes and HOA fees

Tax Description LT 8 BLK E INNERARITY SHORES PB 13 P 79 OR 5480 P 1785
Tax Annual Amount 2575
HOA Fee $473 Annually
Legal Description LT 8 BLK E INNERARITY SHORES PB 13 P 79 OR 5480 P 1785
Listing Agency: RE/MAX Gulf Properties · RE/MAX International
Listed By: Mike Whitner · License #60763
Added: Dec 15, 2025 Changed: Oct 9 Last Checked: Oct 28 at 11:06PM
MLS# 389058

Copyright © 2026 Baldwin REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 0.2975-acre waterfront land is located in Pensacola, Florida. Situated on a cul-de-sac behind the gates of Innerarity Island, this Intercoastal front lot offers a southern exposure and a white sand beach. It provides deep water access and is located minutes by boat to Alabama Pass, the Gulf of Mexico, and various restaurants and bars. According to covenants, the home building setback from the water can align with existing neighboring homes. A culvert at the street facilitates drainage, directing water north under the road during weather events. The property is intended for a waterfront oasis.

Key Highlights

  • Deep water, southern exposure, Intercoastal front lot.
  • Located on a cul‑de‑sac with a white sand beach behind the gates of Innerarity Island.
  • Minutes by boat to Alabama Pass, the Gulf of Mexico, restaurants, and bars.

Property Analytics

Who owns this building? See the owner, sales and loan history
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Suggested Use

Top Pick Electrical Service Hotel & Motel

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

14
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Deep water, southern exposure, Intercoastal front lot with white sand beach.
Where is this waterfront land located?
The property is located at 5870 Red Cedar Street Pensacola, FL.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Deep water, southern exposure, Intercoastal front lot.; Located on a cul‑de‑sac with a white sand beach behind the gates of Innerarity Island.; Minutes by boat to Alabama Pass, the Gulf of Mexico, restaurants, and bars.
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