2120 8th Ave, Pensacola, FL 32503

$125,000

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List Price
$125,000
MLS#
686308
Type
Land
City
Pensacola
Subdivision
New City Tract
Acres
0.17
Status
ACTIVE

Property Description

Exceptional investment and development opportunity! Located just one block from highly traveled 9th Avenue, one of Pensacola's primary commercial corridors, this commercially zoned property offers outstanding potential for investors, builders, and developers. The existing home has sustained significant damage and is being sold with **no assigned value**. The true value is in the land and its redevelopment potential. According to the City of Pensacola, the parcel may be eligible to be divided into two separate lots, creating an excellent opportunity for future development, subject to buyer verification of all zoning, subdivision, and permitting requirements. With excellent visibility and convenient access to hospitals, downtown Pensacola, Pensacola International Airport, shopping, dining, and major transportation routes, this property is ideally positioned for a variety of commercial or mixed-use possibilities. Whether you're looking to build, invest, or capitalize on a prime commercial location, this property offers exceptional upside. Property is being sold **AS-IS**. Buyer is responsible for verifying all information deemed important, including zoning, permitted uses, lot split potential, dimensions, utilities, and development requirements.

Additional Information

High School
Pensacola
Lot Description
Central Access
Waterfront Type
No Waterfront, No Waterfront Features

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Calculator source: Real Geeks

Listing courtesy of Hurd Real Estate & Company LLC.