0 University PkwyPensacola, FL 32514

Property Details for 0 University Pkwy

Lot size

13.87 AC

Property type

Residential income properties

Property subtype

Other land

Description

This exceptional 13.87-acre parcel presents a unique investment opportunity in Pensacola, Florida. Located off University Parkway, near the intersection of Nine Mile Road and Davis Highway, this property boasts convenient access via an easement from University Parkway and additional access from Nine Mile Road via Brunson Road. The land is zoned for both HC-LI and HDMU, allowing for a high-density multi-family development with a permitted density of 25 units per acre. This translates to significant potential for a substantial residential project. While offering excellent development prospects, it's important to note that approximately 5.37 acres of the property, primarily situated in the northern section, are designated as wetlands. This should be factored into any development plans. The asking price for this expansive tract is $899,000. Detailed site plans and zoning information are available upon request. This property is ideally suited for developers seeking a prime location with high development potential in a rapidly growing area of Pensacola, Escambia County, Florida, zip code 32514. The property's location offers easy access to major roadways and established infrastructure, making it an attractive proposition for both residential and commercial development. Serious inquiries only.

Location Insight

City

Pensacola

County

Escambia

State

Florida

Latitude

30.5216

Longitude

-87.2206

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