1325 69Th Ave Pensacola, FL 32506
- Commercial real estate
- 5.17 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1325 69Th Ave
- Lot size
- 5.17 lot acres
- Property type
- Commercial real estate
Description
This exceptional 5.17-acre parcel in Escambia County, Florida, presents a remarkable multifamily development opportunity. Located at 1325 N 69th Ave, Pensacola, FL 32506, this site is primed for immediate construction. The property boasts approved plans and permits for a 45-unit residential development, with a density ordinance (DO) allowing for up to 50 units. Significant groundwork has already been completed, including land clearing, underground utilities, and civil engineering. City water and sewer services are readily accessible. This turnkey project offers substantial savings in time and resources, eliminating the lengthy and often costly permitting process. The seller is offering owner financing, making this an even more attractive investment. The one-story building design maximizes efficiency and minimizes construction complexity. This is a rare chance to acquire a fully prepared site ready for immediate development, promising a swift return on investment in a thriving Florida market. All necessary documentation is available from the seller. Don't miss this chance to capitalize on this exceptional opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Longitude
- -87.30440515738
- Latitude
- 30.427081287486
