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$1,500,000
687544 MLS
RARE DUAL-WATER LOT — GULF & SOUND ACCESS. There's no other community like this one in the area. Perdido Key Coves offers what almost nothing else on Perdido Key can: canal access to Old River (the Sound) and proximity to the Gulf of America, plus deeded community beach access. This particular lot is one of the special few that delivers true two-way water access directly on the property — canal-front with an existing boat dock and lift already in place, and positioned directly across the street from the deeded beach access to the Gulf. For a serious boater, this is the holy grail: step out your back door onto your own dock for calm-water cruising, fishing, or paddling on the canal, then walk across the street to the sugary white sand and emerald waters of the Gulf in minutes — no driving or gulf cart required. This lot is also one of the largest left available to purchase in the community, with plenty of room to design a custom home and still leave space for a pool. Build to capture unobstructed water views from virtually every room, front to back. The Gulf-facing side borders Perdido Key State Park, with access to nearly two miles of protected shoreline offering wide stretches of natural, sugary white sand — a level of view protection and natural beauty that's rare. The community also features a private, fenced multi-use recreation area with pickleball and tennis courts, and benefits from HOA dues of only $400/year, covering street lighting, entrance maintenance, and periodic dredging of the community canals to help preserve boat access. Emergency services are located within a half mile of the lot, adding peace of mind. This lot combines waterfront, size, and unmatched beach proximity backed by protected parkland shoreline — a rare chance to secure one of the best-located, largest remaining waterfront homesites in a community unlike any other on Perdido Key.

7268 Sharp Reef Rd, Pensacola

Listing courtesy of POINTE SOUTH.

$150,000
687447 MLS
Build close to downtown Pensacola! This just-under-.20-acre lot is ready for its next chapter, situated between a brand-new construction home and an in progress to be fully renovated property preparing to come to market. Located in Flood Zone X, the property does not typically require flood insurance by lenders or the additional elevation considerations associated with higher-risk flood zones. Just blocks from the Belmont-DeVilliers Historic District and only a short bike ride from downtown Pensacola, this location puts restaurants, entertainment, events, and everyday conveniences within easy reach, while Pensacola Beach is less than 20 minutes away. Build a custom home close to the heart of the city, or add this lot to your next infill project. With new construction and renovation already happening immediately around it, this is an opportunity for builders, investors, or anyone looking to create their own home near downtown. (gas available on the street)

1400 W Jackson St, Pensacola

Listing courtesy of KELLER WILLIAMS REALTY GULF COAST.

$199,800
687318 MLS
Prime Development Opportunity – Large Corner Lot in Downtown Pensacola! Rare opportunity to acquire a large corner lot in the heart of Pensacola with confirmed development potential. The City has verified that this property may be subdivided into two parcels, allowing for the construction of two single-family homes or single-family homes with ADUs, subject to applicable CRA design guidelines. Corner lot configuration provides excellent flexibility for layout, access, and design. Located in an established urban area with strong demand for new construction, this property offers a rare chance to build in a central location with multiple development paths. Zoned R2: Residential/office. Buyer to perform due diligence to confirm zoning, CRA requirements, subdivision process, and development standards

202 N G St, Pensacola

Listing courtesy of Palm Island Realty Group, LLC.

$68,000
687250 MLS
Prime 2.14-acre land opportunity on Lillian Highway in Pensacola, Florida, offering excellent potential for development, investment, or future commercial and mixed-use use. Zoned MU-U, Mixed Use Urban, this property provides a flexible zoning designation designed to accommodate a variety of urban development opportunities, subject to applicable zoning regulations, approvals, utilities, access, and site requirements. The property features mature trees throughout the acreage, providing natural beauty, privacy, and an established character that could potentially be incorporated into a future development plan. With 2.14 acres and frontage along Lillian Highway, this property offers an attractive combination of size, visibility, accessibility, and development potential. Located in Pensacola, FL, along the established Lillian Highway corridor, the property provides convenient access to surrounding neighborhoods, businesses, major roadways, and the greater Pensacola area. Its location makes it worth considering for investors, developers, businesses, or buyers looking for land for sale in Pensacola with future development potential. Whether you're searching for commercial land in Pensacola, mixed-use development property, investment land, or acreage along Lillian Highway, this property offers a unique opportunity in a growing Northwest Florida market. Property highlights: 2.14 acres, Lillian Highway frontage, mature trees, MU-U Mixed Use Urban zoning, Pensacola location, and potential for a variety of future development concepts. Buyer to independently verify zoning, permitted uses, development standards, utilities, access, setbacks, environmental conditions, and all other property-specific information with the appropriate governmental agencies. Development potential is subject to applicable regulations and approvals.

5007 Lillian Hwy, Pensacola

Listing courtesy of Levin Rinke Realty.

$990,000
687226 MLS
Prime East Hill Development & Investment Opportunity – Rare Double Parcel with Potential Bay Views An exceptional investment and redevelopment opportunity in one of Pensacola's most sought-after neighborhoods. This rare combined property package encompasses two adjoining parcels totaling approximately 135' x 137.5' (18,562± square feet) on a highly desirable corner location in East Hill, directly across from a public park and just minutes from vibrant Downtown Pensacola. Whether you're seeking immediate rental income, a long-term investment, or a premier development opportunity, this property offers outstanding flexibility and upside. The existing homes provide excellent rental potential while future plans are realized, or the parcels may be redeveloped to maximize value. Significant pre-development work has already been completed, including City Planning approvals and documentation for: Demolition permit and clearance Arborist approval for tree removal Approval to subdivide into three residential lots Existing boundary surveys from the original purchase Front yard averaging completed on July 23, 2025, with documentation available The previously approved subdivision configuration consists of: One corner lot measuring approximately 50' x 137.5' Two interior lots measuring approximately 42.5' x 137.5' each The elevated location also offers the potential for Pensacola Bay views from future new construction. Property Details 1301 E. La Rua Street Parcel ID: 0005009025001065 3 Bedrooms | 2 Bathrooms Approximately 1,830 square feet Situated on a 70' x 137.5' (9,583± square foot) lot Zoned R-1AA Medium Density No Historic District restrictions 1305 E. La Rua Street Parcel ID: 0005009025002065 3 Bedrooms | 1 Bathroom Approximately 1,524 square feet Situated on a 65' x 137.5' (0.2052-acre) lot Zoned R-1AA Medium Density No Historic District restrictions Opportunities of this scale are increasingly rare in East Hill. With substantial entitlement work already completed

1301/1305 E La Rua St, Pensacola

Listing courtesy of Anchor Realty FL.

$75,000
687220 MLS
Discover the opportunity to build your dream home on this .3697-acre corner lot in the private, gated community of Innerarity Island. Nestled in a peaceful natural setting, this property offers a wonderful connection to nature with abundant local wildlife. Residents can enjoy a beautifully maintained community park overlooking Perdido Bay, offering breathtaking sunset views. The park includes a pickleball court, small pier, and picnic area, with a new playground planned. Innerarity Island also offers a welcoming community atmosphere with activities activities and social gatherings, including golf cart parades, Kids play time, community dinners, and adult Wednesday nights. The property is zoned LDR (Low Density Residential). Per county zoning information, the lot allows one single-family dwelling and does not allow mobile homes. Accessory buildings are permitted only on lots of 2 acres or larger. The lot cannot be subdivided. County zoning information indicates minimum setbacks of 25 feet front and rear and a side setback of 5 feet or 10% of the lot width at the street right-of-way, whichever is greater, but not required to exceed 15 feet. The minimum width for other new lots is 60 feet at the right-of-way. Please verify all zoning, setbacks, permitted uses, and building requirements with the appropriate county departments. Public water and sewer are available; tap fees are due. See photos for GIS info ( wetlands, flood zone, soils, topo)

North Shore Ln, Pensacola

Listing courtesy of KELLER WILLIAMS REALTY EMERALD COAST WEST BRANCH.

$75,000
1009514 MLS
Discover the opportunity to build your dream home on this .3697-acre corner lot in the private, gated community of Innerarity Island. Nestled in a peaceful natural setting, this property offers a wonderful connection to nature with abundant local wildlife. Residents can enjoy a beautifully maintained community park overlooking Perdido Bay, offering breathtaking sunset views. The park includes a pickleball court, small pier, and picnic area, with a new playground planned. Innerarity Island also offers a welcoming community atmosphere with activities activities and social gatherings, including golf cart parades, Kids play time, community dinners, and adult Wednesday nights. The property is zoned LDR (Low Density Residential). Per county zoning information, the lot allows one single-family dwelling and does not allow mobile homes. Accessory buildings are permitted only on lots of 2 acres or larger. The lot cannot be subdivided. County zoning information indicates minimum setbacks of 25 feet front and rear and a side setback of 5 feet or 10% of the lot width at the street right-of-way, whichever is greater, but not required to exceed 15 feet. The minimum width for other new lots is 60 feet at the right-of-way. Please verify all zoning, setbacks, permitted uses, and building requirements with the appropriate county departments. Public water and sewer are available; tap fees are due. See photos for GIS info ( wetlands, flood zone, soils, topo)

Tbd N Shore Ln, Pensacola

Listing courtesy of Keller Williams Realty FWB.

$40,000
687104 MLS
Nestled in the serene enclave of Perdido Bay, this secluded vacant lot offers a canvas for your dream home aspirations. A rare gem in one of Florida's hidden treasures, the property is enveloped by lush landscapes and a sense of tranquil privacy. Imagine waking up to the gentle sound of nature and having direct access to coastal adventures with a convenient boat launch situated at the end of your street. All essential utilities are available at the street, providing a seamless transition from vision to reality as you design your personalized sanctuary. Whether envisioning a cozy retreat or an expansive estate, this spacious lot accommodates your imagination without limits. Explore nearby pristine beaches, indulge in world-class fishing, or savor local dining – all just moments away while retaining your peaceful haven. Don’t miss this unique opportunity to invest not only in land but in an unparalleled lifestyle that combines seclusion with community amenities. Act now and start building the waterfront paradise you've always envisioned at Perdido Bay!

9333 Alekai Dr, Pensacola

Listing courtesy of Dalton Wade, Inc..

$42,000
687093 MLS
Build on the lowest-priced lot on the market in Leeward. This 0.18-acre interior homesite sits in one of Pensacola's most established private neighborhoods — sidewalks, underground utilities, a gas-lamp entrance and landscaped medians, with a community pool, sand volleyball court, parks and a pet park. Leeward is known for custom homes in traditional coastal Florida style, and an Architectural Review Committee keeps it that way, so no two houses look alike. The Nature Conservancy's Perdido Pitcher Plant Prairie borders the neighborhood, and you're minutes from Big Lagoon State Park, the white sand of Perdido Key, NAS Pensacola and downtown. Zoned LDR. Bring your own builder and your own plans, subject to ARC approval — CC&Rs and ARC guidelines are in the listing documents. Eight lots for sale in Leeward and this is the cheapest one.

4921 Leeward Dr, Pensacola

Listing courtesy of Warner Realty Inc..

$65,000
686834 MLS
Discover the perfect opportunity to build your dream home or invest in one of Pensacola's fastest-growing areas! This 1.01-acre vacant lot is located in the highly desirable Beulah community in the 32526 zip code, offering the ideal blend of peaceful country living and modern convenience. Enjoy easy access to Interstate 10, making commuting to downtown Pensacola, Mobile, and surrounding areas quick and convenient. The property is just minutes from the rapidly expanding Beulah corridor, home to the Navy Federal Credit Union campus, one of the area's largest employers, as well as shopping, dining, and everyday conveniences at Nine Mile Crossing and Publix Super Market at Nine Mile Crossing. PHOTOS TO BE ADDED 8/1/26. Military personnel and civilian employees alike will appreciate the convenient drive to NAS Pensacola, Corry Station, and Saufley Field, while outdoor enthusiasts can enjoy easy access to the Gulf Coast's beautiful beaches, parks, and recreational opportunities. Whether you're planning to build your forever home, create a private retreat, or secure land in a thriving and rapidly developing area, this 1.01-acre parcel offers outstanding potential with room to grow. Don't miss your chance to own acreage in one of Northwest Florida's most sought-after locations!

7410 Floyd Dr, Pensacola

Listing courtesy of KELLER WILLIAMS REALTY GULF COAST.

$775,000
686806 MLS
Rare 4.96-Acre HDR Development Opportunity – Create Pensacola's Next Residential Community. Imagine creating more than homes—create a destination where families can live, connect, and thrive. Located in one of West Pensacola's fastest-growing corridors, this approximately 4.96-acre High Density Residential (HDR) parcel offers an exceptional opportunity for a developer or builder to create a thoughtfully designed residential community in an area experiencing continued residential & commercial growth. Strategically located at the corner of Mier Henry Road & S. Crow Road, the property features approximately 380 feet of frontage on Mier Henry Road and nearly 492 feet along S. Crow Road, providing excellent visibility, accessibility, and multiple design possibilities. This unique property is just minutes from Fairfield Drive to the north & US Hwy 98 & Blue Angel Parkway to the south. Parcel is in a Flood Zone X, making it an attractive location for future residential development. The HDR zoning provides the flexibility to develop a variety of residential product types, including: Townhomes, Cottage or Patio Home Communities, Duplexes, Multifamily Residences or Build-to-Rent Communities. Rather than simply maximizing density, this property offers the opportunity to create a neighborhood that embraces Florida's natural beauty. Existing wetland areas can become a defining feature of the development by incorporating them into the community design as natural preserves with walking trails, observation areas, pocket parks, green space, and outdoor gathering areas (subject to applicable approvals). Instead of viewing nature as a limitation, transform it into one of the community's greatest amenities—creating a peaceful oasis that today's homebuyers increasingly seek. Imagine residents enjoying morning walks beneath canopy of mature trees, children exploring nearby green spaces, neighbors gathering in community parks, and families living within minutes of everything the need.

300 Blk Crow Rd, Pensacola

Listing courtesy of Coldwell Banker Realty.

$775,000
1008960 MLS Nonesuch Way BLDG.
Rare 4.96-Acre HDR Development Opportunity - Create Pensacola's Next Residential Community. Imagine creating more than homes--create a destination where families can live, connect, and thrive. Located in one of West Pensacola's fastest-growing corridors, this approximately 4.96-acre High Density Residential (HDR) parcel offers an exceptional opportunity for a developer or builder to create a thoughtfully designed residential community in an area experiencing continued residential and commercial growth. Strategically located at the corner of Mier Henry Road and S. Crow Road, the property features approximately 380 feet of frontage on Mier Henry Road and nearly 492 feet along S. Crow Road, providing excellent visibility, accessibility, and multiple design possibilities. This unique property is just minutes from Fairfield Drive to the north, and US Hwy 98 and Blue Angel Parkway to the south . Parcel is in a Flood Zone X, making it an attractive location for future residential development. The HDR zoning provides the flexibility to develop a variety of residential product types, including: Townhomes, Cottage or patio home communities, Duplexes, Multifamily residences, Condos or Build-to-rent communities. Rather than simply maximizing density, this property offers the opportunity to create a neighborhood that embraces Florida's natural beauty. Existing wetland areas can become a defining feature of the development by incorporating them into the community design as natural preserve with walking trails, observation areas, pocket parks, green space, and outdoor gathering areas (subject to applicable approvals). Instead of viewing nature as a limitation, transform it into one of the community's greatest amenities--creating a peaceful oasis that today's homebuyers increasingly seek. Imagine residents enjoying morning walks beneath canopy of mature trees, children exploring nearby green spaces, neighbors gathering in community parks, and families living within minutes of everything they need.

300 S Crow Rd, Pensacola

Listing courtesy of COLDWELL BANKER REALTY.

$595,000
686593 MLS
One of the Best Deep Waterfront Building Lots in the Pensacola area! Approximately 54 feet of Beautiful White Sand Beach, Expansive Views of the Pensacola Bay, Gulf Breeze, Newly Restored White Island, Front Row Seat to all of the Blue Angels Regular Practice Shows, Public Water, Sewer & Natural Gas, 100Amp Electric Utility Pole Panel/Outlets and a couple of Beautiful Old Growth Waterfront Oak Trees for your shaded Waterside Hammock just a few feet from the beach and water! Many pilings are still there from the old Deep Water Dock. No HOA or community association. (Just 200 yards to White Island from our Beach - Great Fishing Too!) You Must See This Beautiful Waterfront Before You Decide To Buy! Easy Owner/Seller Financing is Possible

634 1/2 Silvershore Dr, Pensacola

Listing courtesy of Alliance Real Estate.

$139,000
686534 MLS
Prime Commercial Development Opportunity | 1203 W. Cervantes Street | Pensacola, FL Position your next commercial investment at one of Pensacola’s most visible and highly traveled corridors. Located at 1203 W. Cervantes Street, this approximately 0.19-acre C-1 Commercial parcel offers exceptional frontage, outstanding accessibility, and significant redevelopment potential in an area experiencing continued public and private investment. Unlike many vacant commercial sites, the property features an existing paved parking surface and established access points, offering potential cost savings and a faster path toward redevelopment. An outstanding feature of this property is its configuration and frontage, which may lend itself to redevelopment as two separate commercial lots, subject to buyer verification with the City of Pensacola regarding subdivision, zoning, and development requirements. This creates added flexibility for investors, developers, or owner-users seeking multiple income opportunities or phased development. Strategically positioned just minutes from Downtown Pensacola, Interstate 110, Baptist Hospital, and major retail and business districts, the site benefits from excellent visibility and exposure to both local and commuter traffic. Ideal for a variety of commercial uses, including: ? Professional or medical offices ? Boutique retail ? Restaurant or café ? Coffee shop or drive-thru concept ? Financial or insurance services ? Mixed commercial development ? Build-to-suit investment opportunities Whether you’re expanding your portfolio, developing for resale, or constructing your own business location, 1203 W. Cervantes Street offers a rare opportunity to secure a highly visible commercial site with flexible redevelopment potential in one of Pensacola’s most active growth corridors. Buyer to verify all zoning, subdivision, and intended use requirements with the appropriate governmental authorities.

1203 W Cervantes, Pensacola

Listing courtesy of Coldwell Banker Realty.

$150,000
686499 MLS
Premier Corner Lot with Water Views – Ready for Your Dream Home Discover a rare opportunity to build in one of Pensacola's most desirable waterfront-adjacent locations. This generous 0.4-acre wooded corner lot offers the perfect canvas for your custom coastal retreat. 302 feet of road frontage – exceptional exposure and flexible access options Partial water views – enjoy coastal scenery from your future home Quiet cul-de-sac location – privacy with minimal through traffic Wooded natural setting – mature trees provide shade, privacy, and character Corner lot advantage – multiple architectural design and orientation possibilities Location & Lifestyle: Perfectly positioned in a peaceful established neighborhood while remaining close to Pensacola's world-class beaches, excellent dining, shopping, and Naval Air Station Pensacola. This lot delivers the ideal balance of tranquility and coastal convenience.

5703 Shores Cir, Pensacola

Listing courtesy of LPT Realty.

$29,900
686295 MLS
Build your coastal retreat in Murphy’s Cove, one of Northeast Pensacola’s quiet, tucked-away waterfront enclaves. This residential vacant lot sits along the scenic Mackey Cove Drive corridor, a winding shoreline road known for its mature trees, peaceful setting, and proximity to the protected waters of Mackey Cove, Escambia Bay, and the Bayou Texar system. The area offers a blend of natural beauty and convenience—just minutes from Scenic Highway, I-10, UWF, Ascension Sacred Heart, and the shopping and dining options along Nine Mile Road and Davis Highway. Murphy’s Cove is prized for its serene, low-traffic environment, where residents enjoy birdwatching, kayaking, and easy access to the bay. The surrounding shoreline includes marsh habitat, quiet inlets, and small residential pockets with a mix of custom homes and wooded lots. The 3600 block of Mackey Cove Dr. places you near the water’s edge, offering a tranquil setting with the feel of Old Florida—yet still within a short drive of downtown Pensacola, Pensacola International Airport, and the beaches of the Gulf Islands National Seashore. This lot offers an excellent opportunity for a new-construction home in a natural, coastal setting. Whether you envision a cottage-style residence or a modern elevated design, this location offers the flexibility to create a private retreat close to the water and surrounded by nature. Buyer to verify all building requirements, utility availability, and setback guidelines.

3600 BLK Mackey Cove Dr, Pensacola

Listing courtesy of Better Homes And Gardens Real Estate Main Street Properties.

$1,299,999
686287 MLS
Discover a rare opportunity to own approximately 31 versatile acres offering privacy, functionality, and future potential. The property features a solid, well-established 2,400-square-foot home surrounded by beautiful, mature landscaping—creating a welcoming setting for a private estate, equestrian property, hobby farm, or long-term investment. Valuable groundwork has already been completed, including a recent survey, wetland study, and four-point inspection, giving buyers added confidence and a strong start on due diligence. The outdoor improvements are exceptional. A massive 40' x 100' barn includes two fully enclosed sections with roll-up doors, a center RV bay, and an additional 15-foot lean-to—ideal for tractors, trailers, boats, and equipment. A 30' x 60' covered carport provides even more protected parking and storage. The fenced pasture is well suited for horses or livestock, while an approximately two-acre man-made pond offers a peaceful setting for fishing, wildlife watching, and enjoying the natural surroundings. Located in an area experiencing continued residential growth, the property is zoned Medium Density Residential, with nearby development adding to its long-term investment appeal. Buyers should independently verify zoning, land use, wetlands, and development possibilities with the appropriate local authorities. Properties offering this combination of acreage, an established 3bed 2.5 bath home, substantial improvements, natural beauty, and future potential are increasingly difficult to find. Schedule your private tour and explore everything this unique property has to offer.

7621 Chellie Rd, Pensacola

Listing courtesy of Levin Rinke Realty.

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