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Development Opportunity on 5.17 Acres
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1325 N 69th Ave, Pensacola, FL 32506

5.17 acre lot with development opportunity and owner financing.

Property SizeContact for details
Lot Size5.17 Acres
Days on Market684

Property Features for 1325 N 69th Ave

General Information

Standard status Active
Lot size 5.17 Acres
Property subtype Land, Multifamily
Investment Type Redevelopment

Building Details

Stories 1
Units 50
Listing Agency: Box Real Estate LLC
Listed By: Jason Chamely · License #3180591
Source: Crexi
Added: Oct 10, 2024 Changed: Aug 21 Last Checked: Aug 23 at 10:51PM

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 Box Real Estate LLC

Investment Insights

Based on property information with market context.

This 5.17-acre lot presents an amazing development opportunity. The land is currently being cleared, with underground work and civil engineering underway. Owner financing is available. The property has approval for 45 units, with a determination order (DO) for 50 units. Approved plans and permits are available from the seller, making it ready to build.

Key Highlights

  • Owner financing available
  • Approved for 45 units, DO for 50 units
  • Large 5.17 acre lot

Property Analytics

Current Use

Land

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Building Supply Restaurant

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

206
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - 5.17 acre lot with development opportunity and owner financing.
Where is this land located?
The property is located at 1325 N 69th Ave Pensacola, FL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Owner financing available; Approved for 45 units, DO for 50 units; Large 5.17 acre lot
(954) 526-3900 Call to check price and availability
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