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612 S 1st St
612 S 1st St
612 S 1st St
612 S 1st St
612 S 1st St
612 S 1st St
612 S 1st St
612 S 1st St
612 S 1st St
612 S 1st St
612 S 1st St
612 S 1st St
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612 S 1st St
612 S 1st St
612 S 1st St
612 S 1st St
612 S 1st St
612 S 1st St
612 S 1st St
612 S 1st St
612 S 1st St
612 S 1st St
612 S 1st St
612 S 1st St
For Sale

612 S 1st St

612 S 1st St, Pensacola, FL 32507

$8,200,000
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 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. Please contact listing agent for an executive summary of the development and/or access to due diligence documents.

7 Acres lot

Features & Amenities

Area & Lot

  • Status For Sale
  • Lot Area7 Acres
  • MLS® ID667648
  • TypeLand
  • NeighborhoodWarrington
  • Water FrontageBayou
  • Elementary SchoolWarrington Elementary
  • Middle SchoolWARRINGTON
  • High SchoolPensacola

Exterior

  • water SourcePublic
  • sewerPublic Sewer

Financial

  • Sales Price$8,200,000
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Thank you for your interest in 612 S 1st St, Pensacola, FL 32507. We are reviewing your request and will be in touch shortly!

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Warrington

A vibrant and diverse neighborhood known for its rich history, community spirit, and convenient location.

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