14118 PERDIDO KEY DR Pensacola, FL 32507
- Land
Current Use by Public Records
- Land
Property Details for 14118 PERDIDO KEY DR
- Property type
- Land
- Property subtype
- Residential land & home lots
Description
This exceptional 0.46-acre parcel presents a prime development opportunity on Perdido Key, Florida. Located directly across the street from the Gulf of Mexico, this property offers unparalleled views and immediate access to the beach. Previously approved for eight condominium units, the site now holds a current development order for four luxury townhomes, streamlining the permitting process and minimizing development hurdles. The existing entitlements significantly reduce the time and expense typically associated with new construction projects. Situated in Pensacola, Florida, zip code 32507, within Escambia County, this location provides convenient access to local restaurants, shops, and entertainment options. The 20,069 square foot lot provides ample space for the planned townhomes, ensuring generous living areas and potentially maximizing profitability. This is a rare chance to capitalize on the high demand for luxury coastal properties in a highly desirable location. The property's proximity to the Gulf of Mexico guarantees strong rental potential and high resale value. Investors and developers alike will appreciate the streamlined development process and the exceptional location of this fully entitled property. Don't miss this opportunity to create a premier coastal development.
Value Estimations
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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
- State
- Florida