Michael Mangrum

$409,250

0 Acres

Pensacola, Florida, 32502

Downtown Pensacola Development Parcel – 0.267 AcresLocated in the dynamic core of Downtown Pensacola, this 0.267-acre vacant parcel presents a compelling opportunity for commercial real estate investors and developers.​ Formerly owned by the City of Pensacola, the site includes a development obligation for four units, making it ideal for mixed-use or multifamily development.​Property Highlights:Size: Approximately 60’ x 185’ (+/-)Zoning: C-2A (Downtown Commercial), allowing for a broad range of commercial and residential usesCondition: Cleared and paved with asphalt, ready for developmentLocation Advantages:Situated within walking distance of government buildings, professional offices, retail shops, restaurants, and entertainment venuesJust blocks from Blue Wahoos Stadium, a major regional draw for sports and eventsClose proximity to Seville Square, Palafox Street, and historic districts, offering cultural and lifestyle appealRegional Connectivity & Amenities:Less than 15 minutes to Pensacola Beach, offering world-class white sand beaches and waterfront recreationNearby access to Vince J.​ Whibbs Sr.​ Community Maritime Park, Plaza de Luna, and other public green spacesApproximately 20 minutes to Naval Air Station Pensacola, home to the Blue Angels and a major employment centerEasy access to major roadways including US-98, I-110, and Scenic HighwayDevelopment Potential: This parcel is ideally positioned to benefit from Pensacola’s ongoing downtown revitalization and population growth.​ With flexible zoning, strong pedestrian traffic, and proximity to key amenities, the site is well-suited for a high-impact commercial or mixed-use project.​