150 Ethel Wingate Dr Pensacola, FL 32507
This 2.71 acre waterfront multifamily development opportunity in Perdido, Florida, just outside Pensacola, offers a prime location with direct access to the water. Featuring stunning views and the potential for private docks enhances its appeal. Situated in the desirable Perdido area and proximity to Pensacola's amenities, the site is ideal for a multifamily development, providing ample space for community amenities and green spaces. Located near Big Lagoon State Park, the Naval Air Station Pensacola, and the National Museum of Naval Aviation, makes it attractive to a wide range of potential residents. With easy access to highways, shopping, dining options, and recreational activities, the location ensures convenience for future residents. As Perdido experiences growth and increasing interest from residents and investors, this property presents a unique chance to capitalize on the scenic waterfront location and the demand for quality housing in the area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.