2571 Johnson AvePensacola, FL 32514

Property Details for 2571 Johnson Ave

Lot size

0.98 AC

Property type

Other commercial real estate

Property subtype

Multifamily properties

Description

This exceptional 0.98-acre parcel at 2571 E Johnson Ave, Pensacola, FL 32514, presents a lucrative investment opportunity. Located in Escambia County, zip code 32514, this vacant land is zoned HDMU (High Density Mixed Use), offering diverse development possibilities. Approved plans exist for a multifamily 4-plex, and utilities (water, sewer, and electric) are readily available on-site. The property's prime location near the University of West Florida and West Florida Hospital, along with nearby dining and shopping, ensures high demand and potential for strong rental income. The HDMU zoning allows for a mix of high-density residential uses (single-family, two-family, and multifamily dwellings) and compatible non-residential uses, such as various retail and professional services. This versatile land is ideal for a multifamily development, a collection of townhouses, charming bungalows, or a small retail service business. The asking price is $150,000, and the APN is 171S302101000021. This is a rare chance to capitalize on a prime location and flexible zoning in a thriving Pensacola neighborhood. Detailed zoning information is available online.

Location Insight

City

Pensacola

County

Escambia

State

Florida

Latitude

30.5162

Longitude

-87.209

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