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10199 Gulf Beach Hwy 1.24 Acres of Commercial Land Offered at $450,000 in Pensacola, FL 32507

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INVESTMENT HIGHLIGHTS

Located near marinas, tourism businesses, Perdido Key, NAS Pensacola, and downtown Pensacola
Nearby National retailers include Walmart, Target, Starbucks, Sonic, Synovus Bank, AT&T, and many more

Approximately 183 feet of frontage along Gulf Beach Hwy (23,800 VPD)

EXECUTIVE SUMMARY

Excellent vacant commercial land opportunity in Pensacola, FL. The +/- 1.24-acre property is located along Gulf Beach Hwy (23,800 VPD), which connects to Perdido Key and Blue Angel Pkwy (19,000 AADT). The property has excellent visibility and exposure on Gulf Beach Hwy and would be an ideal location for a restaurant, office, tourism business, or retail user. The site is in close proximity to the Pensacola Naval Air Station, Pensacola State College, and downtown Pensacola. There are numerous marinas, yacht clubs, boat storage facilities, and other tourism-based businesses along the waterfront. The waterfront is within walking distance of the property, offering beautiful natural scenery. Nearby National retailers include Walmart, Target, Starbucks, Sonic, Synovus Bank, AT&T, and many more.

10199 Gulf Beach Hwy Brochure

PROPERTY FACTS

Price	$450,000	Property Type	Land
Sale Type	Investment	Property Subtype	Commercial
No. Lots	1	Total Lot Size	1.24 AC
Zoning	Commercial

Price	$450,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Total Lot Size	1.24 AC
Zoning	Commercial

1 LOT AVAILABLE

Lot

Price	$450,000	Lot Size	1.24 AC
Price Per AC	$362,903.23

Price	$450,000
Price Per AC	$362,903.23
Lot Size	1.24 AC

1.24 acres of commercial land available for sale

DESCRIPTION

Pensacola is located on Florida’s Gulf Coast near the Florida/Alabama state line. 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 have fueled the housing and retail demand in Pensacola over recent years. 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. The property is in close proximity to the core retail trade area, Pensacola International Airport, hospitals, the University of West Florida, NAS Pensacola, Whiting Field Naval Base, and beautiful tourist beach destinations such as Perdido Key, Pensacola Beach, Gulf Breeze, and Navarre Beach.

PROPERTY TAXES

Parcel Numbers	Multiple 24-3S-31-1102-011-002 24-3S-31-1102-020-002 24-3S-31-1102-015-002	Improvements Assessment	$0
Land Assessment	$195,347	Total Assessment	$195,347