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612 S 1st Street

Pensacola, FL 32507
  • $7,500,000
  • STATUS: Active
  • ON SITE: 180 Days
  • MLS #: 980980
UPDATED: 33 min ago
$7,500,000
  • 0
    BEDS
  • 7
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Information

Elementary School:
Middle School:
High School:

Description

SELLER IS FLUSHING ASSETS, ALL OFFERS WELCOME. 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 caf. 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 marketmaking Spinnaker Cove a rare opportunity to shape Pensacola's next landmark coastal community.

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© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Blue Swell Realty. Vendor Member number: 28178. Data last updated: 2026-01-12T11:00:32.757.
Vendor Member #28178.
www.blueswellrealty.com/homes/165929320
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612 S 1st Street Pensacola, FL 32507

  • Price: $7,500,000
  • Status: Active
  • On Site: 180 Days
  • Updated: 33 min ago
  • MLS #: 980980
0
Beds
0
Baths
0
½ Baths
7
Acres
Neighborhood:
Spinnaker Cove
County:
Escambia
Area:
08 - Escambia County
Elementary School:
Warrington
Middle School:
Warrington
High School:
Pensacola
Property Description
SELLER IS FLUSHING ASSETS, ALL OFFERS WELCOME. 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 caf. 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 marketmaking Spinnaker Cove a rare opportunity to shape Pensacola's next landmark coastal community.
Exterior Features

Construction Materials [] Lot Features Within 1/2 Mile to WaterSee Remarks Lot Size Dimensions NA Road Frontage Type City Road Road Surface Type Paved Road View BayouBay Waterfront Features BayBayou

Property Features

Association Fee Includes [] Buyer Financing ConventionalOther Community Features Waterfront Property Sub Type Vacant Land Special Listing Conditions Accept Backup Offers Utilities None Zoning CommercialResid Multi-FamilyResid Single Family

Listing courtesy of Scenic Sotheby's International Realty: 850-231-6052.


© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Blue Swell Realty. Vendor Member number: 28178. Data last updated: 2026-01-12T11:00:32.757.
Vendor Member #28178.
 
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