5 Acres of Mixed-Use Land for Sale in Pensacola, Florida

Rare Waterfront Development Opportunity on Perdido Bay! This offering boasts 5 ACRES of prime real estate and an impressive 270 FEET of waterfront along the breathtaking Perdido Bay. It is very difficult to find this much contiguous vacant land in such a desirable location~ situated just over the bridge from Lillian, AL, and minutes from Ferguson Airport, NAS Pensacola, the new Publix development and more on Highway 98; a short drive down Bauer Rd to Perdido Key, and much more. This lot offers a combination of waterfront living and urban convenience * Zoned High Density Mixed Use (HDMU is very similar to Commercial Zoning- check the listing documents for a full list from Escambia County of the possible land used allowed its HDMU). Benefit from the flexible zoning designation, allowing for a variety of residential, commercial, and recreational uses. From luxury waterfront residence to mixed-use developments, there are many possibilities. * Boasting road frontage/access on BOTH Halcyon Dr and Miramar Dr, this property offers convenient access to Hwy 98 and extremely high visibility, enhancing its appeal for potential residents, visitors, etc. Directly on Hwy 98 & Halcyon Dr, there is a new, 3-phase single family home development under way by Adams Homes. This property is the perfect location for building more new homes, or a mixed-use development * Currently exists as part of a larger parcel, the lot will need to be subdivided by Buyer. Please verify all Zoning, potential use, measurements & dimensions, etc * Please review attached documents for recent wetlands study completed by Seller * NO OFFERS WILL BE REVIEWED UNTIL LISTING HITS 30 DOM - March 22nd, 2024 *