2111 Lakeview Ave Pensacola, FL 32505
This exceptional mixed-use property, located at 2111 W Lakeview Ave in Pensacola, Florida (32505), presents a unique investment opportunity. The .48-acre lot, encompassing three combined parcels zoned HC-LI, includes a 1,000 square foot existing office building. The property previously contained other structures, which have been demolished and removed. A former residence facing P Street is slated for demolition. Ample parking is available with 20 spaces. The property is offered at $99,000 and is held in fee simple ownership (APN: 17-2S-30-1200-002-010). Owner financing options may be available. Note that an adjacent .43-acre parcel fronting Pace Blvd is also for sale separately (listing #29984570, $95,000). Purchasing both properties would create a substantial .91-acre holding, encompassing approximately half a city block. This presents a compelling opportunity for redevelopment or expansion in a prime Pensacola location. The property is ideal for owner-users seeking a versatile space.
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
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.