407 Airport Blvd Pensacola, FL 32503

Property Details for 407 Airport Blvd

Year built

1950

Lot size

0.43 lot acres

Zone code

COM

Property type

Commercial land

APN

35-1S-30-2101-033-002

APU

351S302101033002

Description

Exceptional investment opportunity: a brand-new, 107-key Cambria Suites hotel in Pensacola, Florida, is slated for completion in 2026. This five-story, 56,000-square-foot hotel sits on a 2.67-acre lot at 407 Airport Blvd, Escambia County, zip code 32503, offering 108 parking spaces. The property boasts a projected 7.50% cap rate and benefits from its location near I-10, with an AADT exceeding 72,339 (2022 data). The hotel features luxuriously appointed suites with state-of-the-art technology, a welcoming open-air patio, a fully equipped fitness center, a sophisticated lobby bar and lounge, and extensive meeting and event facilities catering to both corporate and leisure travelers. The property is zoned COM and is a fee-simple ownership, not a ground lease. Eight accessible rooms are included in the 107-key count. This represents a rare opportunity to acquire a new, high-quality hotel in a desirable location with strong projected returns. The property's modern amenities and prime location position it for success in the competitive hospitality market. Detailed financial projections are available upon request.