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$1,350,000   Price Analysis
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5661 Galvez Rd
Pensacola, FL 32507
Unknown bed 0 bath unknown SqFt ($0/SqFt)
1.31 acre lot.
Listed 2024-04-08, Taxes $1,492
Ⓧ USDA Ineligible
due to property

near Pensacola

Exciting Development Opportunity in Perdido Key!

Unlock the potential of this prime location boasting 250 feet of road frontage on Innerarity Point Road, along with 250 feet of road frontage on Galvez Road and 250 feet of road frontage on Cruzat Way. Spread over a sprawling 1.3 acres, this property is zoned HDMU, offering a versatile canvas for your vision. Imagine all of the possibilities. Containing a total of 10 residential lots from the historic plat - the residential and / or commercial opportunity is awaiting the right investor. Strategically situated across from the bustling Hub Staceys and adjacent to Innrarity Point Park, this location is a magnet for activity. Take a stroll to Galvez Landing/Boat Launch for waterfront adventures, dine at The Point Restaurant or grab a bushwacker at Hub Stacey's or even say hello and access essentials at Innerarity Point Fire Stationall within easy reach.

The allure of this property extends beyond its location. Picture a vibrant small commercial development with ground-floor spaces ideal for an array of ventures: whether it's a charming bait and tackle shop, a cozy coffee haven, a serene yoga studio or a convenient corner store. And with the ever-growing popularity of vacation rentals, consider the potential for upscale Airbnb accommodations on the upper floors, capitalizing on the area's allure for tourists and locals alike. Every detail awaits your touch, with infinite possibilities limited by your imagination. Buyer and buyer's agent to verify all information. With the recent surge in new homes and the apartment development on Innerarity Point, seize the opportunity to transform this prime locale into a thriving destination. Don't miss outclaim your stake in Perdido Key's dynamic future today!


Presented by Sadie O'Gara at
LEVIN RINKE REALTY.
Listing Agent Photo

Property MLS #643353 from Pensacola

Additional Parcels: Yes
Land Lease Amount Frequency: Annually
Lot Description: Central Access, Corner Lot
Lot Size Acres: 1.31
Lot Size Dimensions: 250X250
Number of Lots: 10
Lot Size Square Feet: 57064

Frontage Length: Road Frontage(250)
Road Frontage Type: County Road

View: Bay, Water

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Hellen Caro
High School: Escambia
Middle School: Bailey

Hellen Caro Elementary School is a public elementary school located approximately 2.9 miles away.
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Jim C. Bailey Middle School is a public middle school located approximately 3 miles away.
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Escambia High School is a public high school located approximately 11.5 miles away.
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Triple D's Christian Academy is a private elementary and middle school located approximately 3.9 miles away.
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Leasable Area Units: Square Feet

Community Features: Beach, Dock, Fishing, Pavilion/Gazebo, Picnic Area, Playground

Source Listing Status: Active
County: Escambia
Current Use: Multi-Family, Residential
Directions: Heading West on Innerarity Point Road, Go past the Fire Station, Turn Right on to Galvez Rd, Property Located On The Left, On Both The Corner Of Galvez and Innerarity Point.
List Price Low: 1350000
Source Property Type: Land
Source Neighborhood: Gulf Beach Heights
Parcel Number: 143S325000110002
Subdivision: Gulf Beach Heights
Zoning Description: County, High Density Mixed Use, Res Multi, Res Single
Property Subtype: Land/Acreage
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$132,859
$1,492
2021$unknown + $unknown
$128,990
$1,485
2020$unknown + $unknown
$127,210
$1,450
2019$unknown + $unknown
$124,157
$1,420
2018$unknown + $unknown
$61,573
$549
2017$unknown + $unknown
$60,307
$551
2016$unknown + $unknown
$59,067
$552
2015$unknown + $unknown
$58,657
$531
2014$unknown + $unknown
$58,192
$499
2013$unknown + $unknown
$57,333
$521
2012$unknown + $unknown
$57,333
$528
2011$unknown + $unknown
$59,452
$541
2010$unknown + $unknown
$61,104
$1,026
2009$unknown + $unknown
$63,295
$1,060
2008$unknown + $unknown
$79,902
$1,307
2007$unknown + $unknown
$42,020
$355

Listed 2024-04-08
$1,350,000
Pensacola
Listed 2024-04-08
$1,350,000
Pensacola
Listing removed 2024-01-04
$0
Pensacola
Listing removed 2023-02-28
$0
NWFlorida
Listed 2023-02-17
$1,395,000
Pensacola
Listing removed 2023-02-12
$0
Pensacola
Relisted 2023-01-23
$1,395,000
NWFlorida
Listing removed 2023-01-17
$0
NWFlorida
Price Changed 2022-10-17
$1,395,000
Pensacola
Price Changed 2022-10-17
$1,395,000
NWFlorida
Listed 2022-08-09
$1,500,000
Pensacola
Listed 2022-08-09
$1,500,000
NWFlorida
Sold 2008-06-03
$125,900
Public Record

Sewer Available
Water Source: Public

Building Area Units: Square Feet
Living Area Units: Square Feet
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.