For Sale
$45,000

1202 W Lee St Pensacola, FL 32501

0.19-acre HDMU zoned lot, Pensacola, FL.

Source: https://www.saltercompany.com

Overview

Added:
Feb 14
Days on market:
72
This exceptional 0.19-acre parcel in Pensacola, Florida, presents a compelling investment opportunity. Located in an Opportunity Zone, this property boasts High-Density Mixed-Use (HDMU) zoning, allowing for diverse development options including residential, commercial, or a blend of both. The land's buildable nature makes it ideal for various projects, capitalizing on Pensacola's expanding market. Priced affordably at $45,000, this translates to approximately $237,217 per acre, representing significant value for developers and investors seeking a strategic location with flexible zoning. The property's accessibility within a growing area further enhances its appeal. This is a rare chance to acquire a versatile lot with substantial potential for future growth and returns, offering significant tax benefits due to its Opportunity Zone designation. The site is ready for immediate development, presenting a unique opportunity to shape the future of this thriving area. Serious inquiries are encouraged to explore this promising investment.

Highlights

  • 0.19-acre lot in Pensacola, ideal for diverse development.
  • High-Density Mixed-Use (HDMU) zoning allows residential, retail, and commercial uses.
  • Located in an Opportunity Zone, offering potential tax advantages for investors.

Property Details for 1202 W Lee St

Property type
Land, Commercial land
Square Feet
8,263 SF
Price / Square Foot
$5.45
Year Built
1954
Buildings
1
Stories
1
Elevators
N/A
Lot Size (sq. ft)
8,276 SF

Location Insight

City
Pensacola
County
Escambia
State
Florida

FAQs

What type of property is this?
Land - 0.19-acre HDMU zoned lot, Pensacola, FL.
Where is the land located?
The property is located at 1202 W Lee St Pensacola, FL.
What is the asking price?
The asking price for this property is $45,000.
What are key features of this property?
This property features: 0.19-acre lot in Pensacola, ideal for diverse development.; High-Density Mixed-Use (HDMU) zoning allows residential, retail, and commercial uses.; Located in an Opportunity Zone, offering potential tax advantages for investors.
How can I contact the broker?
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1202 W Lee St
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