Waterfront Development Land
For Sale
$8,200,000
612 S 1st Street, Pensacola, FL 32507
Gated waterfront land offers direct access to Pensacola Bay and community amenities including boat slips.
Days on Market388
Property Features for 612 S 1st Street
General Information
Standard status
Active
Property subtype
Land
Amenities
gated community
community boat slips
proposed walking trails
Listing Agency:
Scenic Sotheby's International Realty
Listed By:
John Birdwell
(850) 659-9800
Source:
Cthomeseekers
Added: Jul 12, 2025
Changed: Jul 26
Last Checked: Aug 2 at 3:07PM
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 Scenic Sotheby's International Realty
Investment Insights
Based on property information with market context.
Spinnaker Cove is a master-planned, gated waterfront development opportunity spanning along Bayou Grande. The offering includes direct access to Pensacola Bay and front-row views of the area described in the marketing materials. Community amenities planned with the development include access to 18+ boat slips and the acquired Anne’s Bayou, with proposed walking trails.
The property is described as being minutes from NAS Pensacola and positioned within the Navy Boulevard revitalization corridor. The offering is zoned for flexible mixed-use development.
According to the public remarks, zoning approvals, conditional use permits, and engineering studies are complete, supporting a turnkey-ready development path. Proposed uses referenced in the remarks include condominiums, a rooftop restaurant, a boutique hotel, co-working space, and a café. Please contact the listing agent for an executive summary and/or access to due diligence documents.
The property is described as being minutes from NAS Pensacola and positioned within the Navy Boulevard revitalization corridor. The offering is zoned for flexible mixed-use development.
According to the public remarks, zoning approvals, conditional use permits, and engineering studies are complete, supporting a turnkey-ready development path. Proposed uses referenced in the remarks include condominiums, a rooftop restaurant, a boutique hotel, co-working space, and a café. Please contact the listing agent for an executive summary and/or access to due diligence documents.
Key Highlights
- Master‑planned, gated waterfront community on 7+ acres along Bayou Grande with direct access to Pensacola Bay
- 18+ community boat slips plus acquired Anne’s Bayou with proposed walking trails
- Zoned for flexible mixed‑use to support waterfront estates, luxury townhomes, high‑density residential, and retail
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
114
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Gated waterfront land offers direct access to Pensacola Bay and community amenities including boat slips.
Where is this waterfront land located?
The property is located at 612 S 1st Street Pensacola, FL.
What is the asking price?
The asking price for this property is $8,200,000.
What are key features of this property?
This property features: Master‑planned, gated waterfront community on 7+ acres along Bayou Grande with direct access to Pensacola Bay; 18+ community boat slips plus acquired Anne’s Bayou with proposed walking trails; Zoned for flexible mixed‑use to support waterfront estates, luxury townhomes, high‑density residential, and retail