0 Hwy 98

    Pensacola, FL 32506
    • $4,644,500
    • STATUS: Active
    • ON SITE: 61 days
    • MLS #: 556169
    $4,644,500
    • 0
      BEDS
    • 1017
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Prime 1,000+ acre development site available in the heart of Pensacola, Florida. The site is one of the largest and best commercial, mixed use, and residential development sites available in Northwest Florida and the Gulf Coast. The property consists of several parcels on the north and south side of Hwy 98 at the signaled intersection of Blue Angel Pkwy and Hwy 98. The site is centrally located in the booming Pensacola MSA and is the ideal location for a mixed-use retail, hotel, multi-family, and residential development. The property has excellent visibility and access along the highly trafficked Hwy 98 which serves as the major arterial in NW Florida and stretching all the way to Alabama and southern Florida. The Pensacola market has experienced explosive growth in recent years due to the high population growth and strong median income. The strong economy and tourism has fueled the housing and retail demand in Pensacola over recent years. Pensacola benefits from the financial sector employment including Navy Federal Credit Union which recently announced expansion plans to double its workforce by 2020 and employment total to more than 10,000. The government has a substantial presence in the metro with more than 23,000 military and civilian personnel employed at NAS Pensacola, located just miles from the site. There have been several new developments in the immediate vicinity with the brand new Perdido Urgent Care across the street and a newly built strip center adjacent to the site. The property is close proximity to the core retail trade area, the airport, hospital, University of West Florida, NAS Pensacola, Whiting Field Naval Base, and the beautiful tourist beach destinations such as Perdido Key, Pensacola Beach, Gulf Breeze, and Navarre Beach. The acreage is zoned Heavy Commercial Light Industrial (HC/LI) and High Density Mixed Use (HDMU) which allows for a wide variety of commercial and residential uses. The density allowed varies on the proposed use and site

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    © 2019 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. Data last updated: 2019-08-21T23:42:07.67.
    www.rqpensacolaperdidokey.com/homes/96148052

    0 Hwy 98 Pensacola, FL 32506

    • Price: $4,644,500
    • Status: Active
    • MLS #: 556169
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1017
    Acres
    Neighborhood:
    None
    County:
    Escambia
    Area:
    Pensacola
    Elementary School:
    Pleasant Grove
    Middle School:
    Bailey
    High School:
    Escambia
    Property Description
    Prime 1,000+ acre development site available in the heart of Pensacola, Florida. The site is one of the largest and best commercial, mixed use, and residential development sites available in Northwest Florida and the Gulf Coast. The property consists of several parcels on the north and south side of Hwy 98 at the signaled intersection of Blue Angel Pkwy and Hwy 98. The site is centrally located in the booming Pensacola MSA and is the ideal location for a mixed-use retail, hotel, multi-family, and residential development. The property has excellent visibility and access along the highly trafficked Hwy 98 which serves as the major arterial in NW Florida and stretching all the way to Alabama and southern Florida. The Pensacola market has experienced explosive growth in recent years due to the high population growth and strong median income. The strong economy and tourism has fueled the housing and retail demand in Pensacola over recent years. Pensacola benefits from the financial sector employment including Navy Federal Credit Union which recently announced expansion plans to double its workforce by 2020 and employment total to more than 10,000. The government has a substantial presence in the metro with more than 23,000 military and civilian personnel employed at NAS Pensacola, located just miles from the site. There have been several new developments in the immediate vicinity with the brand new Perdido Urgent Care across the street and a newly built strip center adjacent to the site. The property is close proximity to the core retail trade area, the airport, hospital, University of West Florida, NAS Pensacola, Whiting Field Naval Base, and the beautiful tourist beach destinations such as Perdido Key, Pensacola Beach, Gulf Breeze, and Navarre Beach. The acreage is zoned Heavy Commercial Light Industrial (HC/LI) and High Density Mixed Use (HDMU) which allows for a wide variety of commercial and residential uses. The density allowed varies on the proposed use and site
    Exterior Features

    Access Surface Easements Lot Description Corner Lot Dimensions 1017 Topography LevelRollingWetlands

    Property Features

    Hoa None Land Type Land/Acreage Sewer Public Sewer Vegetation Mineral Rights No Mineral Rights Water Public Water Zoning CountyIndustrial

    Listing provided courtesy of Berkshire Hathaway Homeservices Penfed Realty.


    © 2019 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. Data last updated: 2019-08-21T23:42:07.67.
     
    ResortQuest Real Estate
    14112 Perdido Key Dr.
    Perdido Key FL, 32507