Residential Land for Auction in Pensacola, Florida

ONLINE ONLY REAL ESTATE AUCTION only at FloridaRealEstateAuctions dotcom. Bidding will start at $600,000. Bidding Ends: Tuesday November 10th at Noon. Rare East Hill redevelopment opportunity with City approvals and permits already in place! Two adjoining parcels are sold together as one package, totaling approx. 135' x 137.5' (0.426+/- acres) on a corner lot across from a public park, minutes from Downtown Pensacola. The city has approved a subdivision into THREE residential lots: one corner lot approx. 50' x 137.5' and two interior lots approx. 42.5' x 137.5' each. Completed pre-development work includes a paid demolition permit, a paid arborist permit for tree removal with signs already posted, subdivision approval, existing boundary surveys, and front yard averaging (completed July 23, 2025), with documentation available. Zoned R-1AA with no Historic District restrictions. The elevated site offers potential Pensacola Bay views from new construction. Prefer to hold? Both homes (3BR/2BA, 1,830+/- SF and 3BR/1BA, 1,524+/- SF) can bring in rental income while you plan your build. Build three new East Hill homes, sell improved lots, or hold and rent. Opportunities like this are increasingly rare. Parcels will not be sold individually.