Recently Viewed
You have not recently viewed any properties.
Favorites
Compare Favs
Land

612 S 1st St, Pensacola

$8,200,000


  • MLS #: 667648
  • Address: 612 1st St, Pensacola, FL 32507
  • Date Listed: 7/13/2025
  • Days on Market: 224
  • Acres: 7
  • Subdivision: Spinnaker Cove

Location Location

Agent Comments Agent Comments

Listing Courtesy of John Birdwell Scenic Sotheby's International Realty 850-208-1686

SPINNAKER COVE | PREMIER WATERFRONT DEVELOPMENT OPPORTUNITY A master-planned, gated community spanning 7+ acres along Bayou Grande, Spinnaker Cove offers direct access to Pensacola Bay and front-row views of the iconic Blue Angels. Featuring access to 18+ community boat slips and the acquired Anne’s Bayou with proposed walking trails, this luxury enclave sits minutes from NAS Pensacola and White Island’s future sand replenishment project. Zoned for flexible mixed-use this opportunity is ideal for a blend of waterfront estates, luxury townhomes, high-density residential, and retail. Development potential includes condominiums, a rooftop restaurant, boutique hotel, co-working space, and a café. With all zoning approvals, conditional use permits, and engineering studies complete, this investment opportunity is turnkey-ready. Positioned within the Navy Boulevard revitalization corridor, demand is bolstered by a strong military and vacation rental market—making Spinnaker Cove a rare opportunity to shape Pensacola’s next landmark coastal community. Please contact listing agent for an executive summary of the development and/or access to due diligence documents.


Exterior Features Exterior Features
  • Water Source: Public
  • Acres: 7
  • Water Features Description: Bayou

Additional Features Additional Features
  • Property Sub Type : Residential Lots