612 South 1st Street , Pensacola, Florida

Property for Sale in Pensacola

612 South 1st Street , Pensacola, FL

  • CA$10,345,940
  • 0 BEDS
  • 0 BATHS
  • 7 ac Land
  • CA$10,345,940

Property for Sale in Pensacola

612 South 1st Street , Pensacola, FL

  • CA$10,345,940
  • 0 BEDS
  • 0 BATHS
  • 7 ac Land
  • CA$10,345,940

Key Facts

  • MLS® #: 667648
  • Property ID: SIRC2524190
  • Original Price: USD 8,200,000
  • Property Type: Residential, Other
  • Lot Size: 7 ac

Property Description

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.

Amenities

  • Acreage
  • Bay
  • Bay View
  • Beach Resort
  • Boating
  • Cycling
  • Fishing
  • Fly-In
  • Golf
  • Golf Community
  • Jogging/Bike Path
  • Ocean / Beach
  • Resort
  • River View
  • Scenic
  • Suburban
  • Water View
  • Waterfront

Listing Agents

  • John Birdwell

    C. 8502081686

    O. 8502081686

  • Wesley Madden

    C. 8508307995

    O. 8508307995

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Location

612 South 1st Street , Pensacola, Florida, 32507 United States

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Marketed By

Scenic Sotheby's International Realty
4495 Furling Lane Suite 110
Destin, Florida, 32541
United States

8502316052

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