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612 S 1st Street

#776412

CommercialSale

$8,200,000

Details

SPINNAKER COVE | PREMIER WATERFRONT DEVELOPMENT OPPORTUNITYA 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 cafe. 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.This listing consist of 34 Parcels as follows:1 512S306040004024 600 Blk South Navy Boulevard2 512S306040003024 600 Blk South Navy Boulevard3 512S307062081041 600 South Navy Boulevard4 512S307062080041 5 Interbay Avenue5 512S307062070041 601 South 1st Street6 512S307062060041 603 1st Street7 512S307062006040 602 South 1st Street8 512S307062007040 604 South 1st Street9 512S307062008040 606 South 1st Street10 512S307062009040 608 South 1st Street11 512S307062004040 601 South 2nd Street12 512S307062003040 603 South 2nd Street13 512S307062001040 605 South 2nd Street14 512S306046000018 612 South 1st Street 15 512S306046000017 612 South 1st Street 16 512S306046000013 600 Blk South 1st Street17 512S306046000012 600 Blk South 1st Street18 512S306046000011 600 Blk South 1st Street19 512S306046000010 600 Blk South 1st Street20 512S306046000009 600 Blk South 1st Street21 512S306046000006 600 Blk South 1st Street22 512S306046000005 600 Blk South 1st Street23 512S306046000004 600 Blk South 1st Street24 512S306046000003 600 Blk South 1st Street25 512S306046000002 600 Blk South 1st Street26 512S306046000001 600 Blk South 1st Street27 512S306046000038 600 Blk South 1st Street28 512S306046000040 600 Blk South 1st Street29 512S306046000041 600 Blk South 1st Street30 512S306046000042 600 Blk South 1st Street31 512S307062004039 604 South 2nd Street32 512S307062003039 600 South 2nd Street33 512S307062002039 200 Blk Interbay Avenue34 512S306040003023 Palomar DriveANNE'S BAYOU IS INCLUDED IN THE OFFERING.
GENERAL
Real Estate Type CommercialSale
Full Bathrooms 0
Half Bathrooms 0
One Quarter Bathrooms 0
Three Quarter Bathrooms 0
Lot Size 7
Real Estate Sub Type Land
Square Feet 0
Stories 0
Lot Size Area 0
Agent Key 22,316,150
Agent MLS Id B11936
Office Key 906,536
Source System Id TRESTLE
Office Phone (850) 231-6052
Agent Url http://www.scenicsir.com
Elevation 0
Parcel Number 512S306046000018
Number Of Units Total 0
Tax Legal Description LT 16 SPINNAKER COVE S/D PB 11 P 96 OR 8809 P 1149 CA 212 + 33 Additional Parcels
Special Listing Conditions ListedAsIs
Internet Address Display True
Internet Automated Valuation Display True
Agent Name Wesley J Madden LLC
Agent Email [email protected]
Agent Cell (850) 830-7995
Agent Office (850) 231-6052
Broker Id BSRC
Office Name Scenic Sotheby's International Realty
Listing Contract Date 7/15/2025
Status Active
Days On Market 3
Property Condition ToBeBuilt
LOCATION
Subdivision No Named Subdivision
View Bay
Bayou
Directions Please refer to Google Maps
County Escambia
Waterfront True
BUILDING
Fireplace False
Parking Total 0
Waterfront Features Bayfront
GulfAccess
Private Pool False
Spa False
SCHOOLS
Elementary School Hellen Caro
Middle School Bailey
High School Other

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