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4900 Blk Mobile Hwy - 15.95 Acres Pensacola Land Site 15.95 Acres of Residential Land Offered at $3,400,000 in Pensacola, FL 32506

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INVESTMENT HIGHLIGHTS

  • 15.95 Acre, Fully Entitled, Multifamily Site
  • Ideally Suited for Conventional Garden Development
  • Approved Planned Development for 224 Multifamily Units
  • Minutes from Naval Air Station Pensacola & Downtown Pensacola

EXECUTIVE SUMMARY

The 15.95-acre land site, zoned for 224 units, is situated in the bustling city of Pensacola, Florida. The Pensacola MSA has a current population of nearly 540,000 residents and comprises Escambia and Santa Rosa counties. The metro is best known as the home of Naval Air Station Pensacola and popular white-sand beaches, and economically benefits from strong government and hospitality sectors. Pensacola is also home to over 500 well-known companies, with a significant portion of its workforce in the trade and transportation sector, as well as in industries such as aerospace, healthcare, cyber security, advanced manufacturing, and professional services. The Department of Defense is the largest economic driver in Greater Pensacola, generating an economic impact of more than $7.6 billion in the region. The area is supported by 60,000 active-duty military, federal, and contractor employees, who earn an average annual salary of $93,690. The metro area has numerous military installations, including Naval Air Station (NAS) Pensacola, Saufley Field, Corry Station, and Whiting Field. NAS Pensacola, known as the Cradle of Naval Aviation, offers flight training for every naval aviator, naval flight officer, and enlisted aircrew personnel.

PROPERTY FACTS

Price $3,400,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Apartment Units
Total Lot Size 15.95 AC
Zoning COM - General Commercial

1 LOT AVAILABLE

Lot

Price $3,400,000
Price Per AC $213,166.14
Lot Size 15.95 AC

The 15.95-acre land site, zoned for 224 units, is situated in the bustling city of Pensacola, FL.

  • Listing ID: 34774786

  • Date on Market: 2/10/2025

  • Last Updated:

  • Address: 4900 Blk Mobile Hwy, Pensacola, FL 32506

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