DebbieDelaware

612 S 1st St, Pensacola, FL 32507

$8,200,000
  • 612 S 1st St, Pensacola, FL 32507 Main Photo

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Active
LOT SIZE 7.000 acres MLS#667648
STATUSActive PROPERTY TYPELand - Residential SUBDIVISIONSpinnaker Cove

Property Description

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.

612 S 1st St | MLS# 667648

This land located at 612 S 1st St, Pensacola, FL 32507 is currently listed for sale with an asking price of $8,200,000. The property has approximately 7.00 Acres. Search Pensacola real estate on ddelaware.therealtyvault.com today.

Property Features

Property Type: Land - Residential
Lot Size: 7.00 Acres
Property Type: Residential Lots

Feature Descriptions

Days on Site: 379
HOA Y/N: Yes
Lot Dimensions: 7.00 acre(s)
Sewer: Public Sewer
Water: Public
Waterfront: Bayou

Local Schools

High School: Pensacola
Middle School: WARRINGTON
Elementary School: Warrington Elementary

Listed By / Shown By

Listed By

Agency Name: Scenic Sotheby's International Realty
Agency Phone: 850-231-6052

Shown By

Agent Name: Debbie Delaware
Agent Phone: (850) 582-6043
Agency Title: The Realty Vault

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Estimate Your Payment

Estimated Payment

$ 20,641.31 per month $18,249.65 Principal & Interest $0.00 Property Tax (data not provided by mls) $2,391.67 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/28/2026. The listing information on this page last changed on 07/28/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 07/28/2026 5:39:23 AM EST) or Pensacola MLS (last updated Tue 07/28/2026 12:13:11 AM EST) or Baldwin County MLS (last updated Tue 07/28/2026 2:31:09 AM EST) or Emerald Coast MLS (last updated Tue 07/28/2026 12:05:20 AM EST). Real estate listings held by brokerage firms other than The Realty Vault may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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