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5000 Carpenter Creek Dr
Pensacola, FL 32503
Land For Sale · 2.11 AC

Investment Highlights

  • 2.99 Acres Total R2 Zoning (35 units per acre of residential density)
  • City Utilities Available (Buyer to Verify)
  • 0.88 Acres of Wetlands (per survey)
  • Includes a portion of Carpenters Creek

Executive Summary

Strategically located within the City of Pensacola, this 2.99-acre parcel offers a compelling opportunity for residential development in a growing market. Zoned R2, the property supports medium-density housing options such as duplexes, townhomes, or small multi-family units—perfect for developers looking to capitalize on Pensacola’s expanding housing demand.
The properties highest point is at the road, and slopes down to and includes a portion of Carpenters Creek. This includes approximately 0.88 acres of wetlands (Carpenters Creek) provide natural buffers and potential for green space integration, enhancing long-term value and community appeal.
Key Investment Highlights:
• 2.99 Acres Total R2 Zoning (35 units per acre of residential density)
• 0.88 Acres of Wetlands (per survey)
• City Utilities Available (Buyer to Verify)
• Strong Rental Market & Population Growth
• Minutes from Downtown Pensacola, Beaches, Hospitals, and Major Employers.
R2 Zoning allows for creative residential configurations.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Mixed Use
Total Lot Size 2.11 AC
Zoning R-2 - Residential

1 Lot Available

Lot

Price $589,000
Price Per AC $279,146.92
Lot Size 2.11 AC

Strategically located within the City of Pensacola, this 2.99-acre parcel offers a compelling opportunity for residential development in a growing market. Perfect for developers looking to capitalize on housing demands.

Property Taxes

Property Taxes

Parcel Number
33-1S-30-7200-000-024
Land Assessment
$273,052
Improvements Assessment
$0
Total Assessment
$273,052
  • Listing ID: 39891105

  • Date on Market: 3/24/2026

  • Last Updated:

  • Address: 5000 Carpenter Creek Dr, Pensacola, FL 32503

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