Waterfront Land with Bay
For Sale
$8,200,000
612 S 1st St, Pensacola, FL 32507
Land, Pensacola, FL
Property SizeContact for details
Lot Size7.00 Acres
Days on Market416
Property Features for 612 S 1st St
General Information
Property type
Land
Property subtype
Other
Subdivision
Spinnaker Cove
Elementary school
Warrington Elementary
Middle school
WARRINGTON
High school
Pensacola
Directions
Head south on 1st st until you run into the gates
Standard status
Active
APN
512S306046000018
Lot size
7.00 Acres
Taxes and HOA fees
Tax Description
LT 16 SPINNAKER COVE S/D PB 11 P 96 OR 8809 P 1149 CA 212
Legal Description
LT 16 SPINNAKER COVE S/D PB 11 P 96 OR 8809 P 1149 CA 212
Utilities
Sewer type
Public Sewer
Water source
Public
Water front
1
Listing Agency:
Scenic Sotheby's International Realty
(850) 231-6052
Listed By:
John Birdwell · License #15700
(850) 208-1686
Added: Jul 13, 2025
Changed: Aug 30
Last Checked: Sep 1 at 8:06AM
MLS# 667648
Copyright © 2026 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This waterfront land offering is positioned along Bayou Grande with direct access to Pensacola Bay. The property is identified for flexible mixed-use development, with concepts including waterfront estates, luxury townhomes, high-density residential, retail, a boutique hotel, a rooftop restaurant, coworking space, and a cafe.
Community amenities include access to 18+ boat slips. Anne's Bayou has been acquired for the project, with proposed walking trails included in the development plan. The property is located at 612 S 1st St in Pensacola, within the Navy Boulevard revitalization corridor and near NAS Pensacola. Public water and public sewer are available. Zoning approvals, conditional use permits, and engineering studies are reported complete.
Community amenities include access to 18+ boat slips. Anne's Bayou has been acquired for the project, with proposed walking trails included in the development plan. The property is located at 612 S 1st St in Pensacola, within the Navy Boulevard revitalization corridor and near NAS Pensacola. Public water and public sewer are available. Zoning approvals, conditional use permits, and engineering studies are reported complete.
Key Highlights
- Waterfront land along Bayou Grande with direct access to Pensacola Bay
- Access to 18+ community boat slips
- Flexible mixed‑use zoning
Property Analytics
Property Profile
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Flexible mixed-use zoning supports multiple waterfront development concepts, including residential, hospitality, retail, and office uses.
Where is this waterfront land located?
The property is located at 612 S 1st St 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: Waterfront land along Bayou Grande with direct access to Pensacola Bay; Access to 18+ community boat slips; Flexible mixed‑use zoning
