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Residential Land for Sale in Pensacola, Florida

W Wright St, Pensacola, FL 32501

$245,000
0.18 acres
Active sale
$5k drop
Est $1,807/mo

Positioned just moments from the energy of downtown yet comfortably outside the flood zone, this oversized corner parcel presents a compelling opportunity for visionaries and investors alike. Rarely does a homesite of this scale and flexibility become available in such a sought-after setting. Set within the established West King Tract, the lot's generous footprint and prominent corner placement create endless possibilities. Whether you envision a custom-built residence with generous outdoor living, a thoughtfully planned multi-generational retreat, or a strategic long-term investment, the canvas is ready. The current R-1B zoning allows for a primary home with the option to add a carriage house, opening the door to rental income, guest accommodations or future resale advantages. There is also potential to subdivide, offering additional flexibility for those seeking to maximize value, with all plans subject to buyer verification. Proximity to downtown places dining, entertainment, shopping and cultural attractions just minutes away, while the corner orientation enhances privacy, light and architectural presence. The result is a unique balance of accessibility and breathing room - space to design boldly without sacrificing convenience. For those seeking location, scale and versatility in one offering, this exceptional lot stands ready to support a vision as ambitious as you are.

Location

Street address
W Wright St
Community
West King Tract
Elevation
52 feet
Coordinates
30.4151, -87.2239

Directions

Lot is located on the corner of Coyle and W Wright St

Property details

Lot size
0.18 acres7,841 sq ft
MLS #
PAR 678262
Posted

Parcels

  • 000S009010023084

Legal description

Details and features

Listing

Type
Land

Lot

Features
Corner Lot

Structure

Water
Public

Nearby schools

NameType
West PensacolaElementary
WarringtonMiddle
PensacolaHigh

Listing history

DateEventPriceChangeSource
Mar 25, 2026Price drop$245,000$5,000 -2%PAR
Feb 26, 2026New listing$250,000PAR
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This 0.18-acre property is located at W Wright St in Pensacola, FL 32501. The property is available for sale for $245,000.

Checked 1 hour ago — Updated

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