2160 Academy Dr Pensacola, FL 32514

This exceptional 2.849-acre parcel presents a unique development opportunity in Pensacola, Florida, situated less than half a mile from the University of West Florida. Zoned HDR, this property offers significant potential for creating a vibrant student housing community catering to the university's growing student population. The strategic location ensures convenient access to campus amenities and fosters a strong sense of community for residents. While a 1290 square foot residential house is located on the property, it is not factored into the asking price of $1,195,000. This presents a blank canvas for developers seeking to capitalize on the high demand for student housing near a major university. The expansive lot size allows for a variety of development options, from traditional apartment complexes to innovative, modern student living spaces. This is a rare opportunity to invest in a thriving market and contribute to the growth of the University of West Florida community. The property's zoning and proximity to the university make it an attractive investment for developers seeking a high-return project. Serious inquiries are encouraged.