7201 W Highway 98 - 7201 W Highway 98 3.9 Acres of Commercial Land Offered at £884,394 in Pensacola, FL 32506
INVESTMENT HIGHLIGHTS
- Very Close Proximity to Navy Base
PROPERTY FACTS
| Price | £884,394 |
| Sale Type | Investment |
| No. Plots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Build-to-Rent |
| Total Plot Size | 3.90 ac |
| Use Class | HDR - High Density Residential |
1 PLOT AVAILABLE
Plot
| Price | £884,394 |
| Price Per ac | £226,767.79 |
| Total Plot Size | 3.90 ac |
Approved 72 Unit development land with excellent access to Naval Air Station and Navy Hospital.
DESCRIPTION
An exceptional multifamily development opportunity is available in Northwest Florida on +/- 3.89 acres. This location offers easy access to US Highway 98, the primary route for the panhandle Florida markets, and links to other key Pensacola submarkets. Seller has an approved Development Order for a 72-unit apartment complex, and the property is zoned as High-Density Residential (HDR). Centrally positioned within the Pensacola market, the site is near Pensacola High School, Escambia High School, Pensacola State College, Ascension Sacred Heart Hospital, Baptist Hospital, restaurants, beaches, and Naval Air Station Pensacola.
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PROPERTY TAXES
| Parcel Number | 21-2S-31-1308-000-001 | Improvements Assessment | £0 |
| Land Assessment | £195,113 | Total Assessment | £195,113 |
CONTACT
-
Jack Guirl - Matrix Property Services
