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Waterfront Land Development Opportunity
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Mirella St, Pensacola, FL 32507

19.57 acres of waterfront land in Pensacola, Florida.

Property SizeContact for details
Lot Size19.57 Acres
Days on Market1490

Property Features for Mirella St

General Information

Standard status Active
Lot size 19.57 Acres
Property subtype Land
Zoning "C-1", Retail Commercial District and "SDD", Special Development District
Listing Agency: Bellcore Commercial
Listed By: Harry Bell · License #FL BK3026917
Source: Crexi
Added: Jul 13, 2022 Changed: Aug 8 Last Checked: Aug 8 at 4:26AM

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 Bellcore Commercial

Investment Insights

Based on property information with market context.

This is a rare opportunity to purchase approximately 19.57 acres of waterfront land in Pensacola, Florida. The property is located in the sought-after beach communities of Innerarity Heights and Perdido Key, making it an excellent site for a possible condominium or residential development with its prime location on Bayou Garcon. The site consists of six contiguous parcels. Approximately 16.57 acres are zoned "Com" Commercial, and approximately 3 acres are zoned "LDMU, Low-Density Mixed-Use." Under the current zoning laws, the site could be developed with 423 dwelling units. The property features over 1,378 feet of unobstructed views and a pier extending into Bayou Garcon. All private and public utilities are available. The property will not have an HOA; however, there are building restrictions required to be recorded at closing. According to Escambia County, homes will need to be built on piling, and there is a mandatory wetland buffer setback requirement of 40 feet. The waterway, natural wetlands, and surrounding nature serve as natural amenities. The property is located 4 minutes from the public beach at Perdido Key, 5 minutes from the back gate of Pensacola Naval Air Station, and is close to shopping, restaurants, and entertainment. The property is zoned for single-family residential homes.

Key Highlights

  • Waterfront property with 1,378 feet of unobstructed views on Bayou Garcon.
  • Development opportunity for up to 423 dwelling units under current zoning.
  • +/- 19.57 acres of land with mixed zoning (Commercial and Low‑Density Mixed‑Use).

Property Analytics

Current Use

Waterfront Land

Location Intelligence

Trade Area within ½ mile

201
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
Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - 19.57 acres of waterfront land in Pensacola, Florida.
Where is this waterfront land located?
The property is located at Mirella St Pensacola, FL.
What is the asking price?
The asking price for this property is $2,970,000.
What are key features of this property?
This property features: Waterfront property with **1,378 feet of unobstructed views on Bayou Garcon.**; Development opportunity for up to 423 dwelling units under current zoning.; +/- 19.57 acres of land with mixed zoning (Commercial and Low‑Density Mixed‑Use).
(850) 240-0527 Call to check price and availability
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