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    10199 Gulf Beach Hwy Pensacola, FL 32507

    Sponsored
    For Sale
    $480,000

    1.24 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.24-acre commercial land parcel presents a prime investment opportunity in Pensacola, Florida. Strategically located on Gulf Beach Highway, boasting approximately 183 feet of frontage, this property enjoys exceptional visibility with a high daily traffic count of 23,800 vehicles. Its convenient location connects to Perdido Key and Blue Angel Parkway, offering easy access to major thoroughfares. The zoning is designated as COM, allowing for a variety of commercial uses, making it ideal for restaurants, offices, retail establishments, or tourism-related businesses. The property's proximity to Pensacola Naval Air Station, Pensacola State College, and downtown Pensacola enhances its appeal. Furthermore, its location near numerous marinas, yacht clubs, and other tourism businesses, coupled with the nearby waterfront and its beautiful scenery, provides significant advantages. The area also features a strong retail presence, with national brands such as Walmart, Target, Starbucks, Sonic, Synovus Bank, and AT&T nearby. The property's APN numbers are 243S311102015002, 243S311102020002, and 243S311102011002. The asking price is $480,000. This is a rare opportunity to acquire a highly visible and well-located commercial property in a thriving area.

    Property Features for 10199 Gulf Beach Hwy

    General Information

    Property type
    Land
    Lot Size
    54,014 SF

    HighLights

    • 1.24‑acre commercial lot in Pensacola, FL, priced at $480,000.
    • High‑visibility location on Gulf Beach Highway with approximately 183 feet of frontage and 23,800 vehicles per day.
    • COM zoning allows for diverse commercial uses, including restaurants, retail, and offices.
    • Excellent access to Perdido Key, Blue Angel Parkway, Pensacola Naval Air Station, Pensacola State College, and downtown Pensacola.
    • Strong retail presence nearby, including Walmart, Target, Starbucks, and other national brands.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Auto Repair Shop Pharmacy Convenience Store Computer & Electronic Repair Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.358595811276
    Latitude
    30.329323918524

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    FAQs

    What type of property is this?
    Land - 1.24 Acres, High-Traffic Location
    Where is this land located?
    The property is located at 10199 Gulf Beach Hwy Pensacola, FL.
    What is the asking price?
    The asking price for this property is $480,000.
    What are key features of this property?
    This property features: 1.24-acre commercial lot in Pensacola, FL, priced at $480,000.; High-visibility location on Gulf Beach Highway with approximately 183 feet of frontage and 23,800 vehicles per day.; COM zoning allows for diverse commercial uses, including restaurants, retail, and offices.
    (813) 761-7780
    Request Owner's contact information
    10199 Gulf Beach Hwy Pensacola, FL 32507
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    Pensacola, FL 32507
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10199 Gulf Beach Hwy Pensacola, FL 32507
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