1786 N Blue Angel Pkwy Pensacola, FL 32506

PRICED AT $699,000

Listing Details

$699,000
MLS# 45224249
Type Land - Commercial
Status AVAILABLE

97,755 Square Feet
3.810 acres Lot Size

Description

**Prime Commercial Development Opportunity â?? 3.81Â± Acres | Multi-Family Ready**Exceptional 3.814-acre commercial parcel offering a rare opportunity for multi-family development in one of Pensacola's rapidly growing corridors. Ideally located at **1786 N. Blue Angel Parkway**, on the east side of Blue Angel Parkway just 0.25 miles north of Lillian Highway, this highly visible property offers outstanding accessibility and significant redevelopment potential.The site has been planned for a **90-unit apartment complex**, with preliminary apartment schematics featuring **six-story buildings** and **204 parking spaces**. Multiple due diligence...read more studies and inspections have already been completed, helping streamline the development process. Inspection reports are available upon request through the listing agent.The property currently includes an existing **1,968Â± square foot single-family residence** situated near the front of the parcel. Originally built in **1947** with an **effective year of 2000**, the home features concrete block construction with a masonry structural frame, central heating and air conditioning, drywall/plaster interior walls, dimensional architectural shingle roof, carpet flooring, one dwelling unit, and three plumbing fixtures. The home includes approximately **1,568 square feet of base living area**, plus a **120-square-foot open porch** and a **280-square-foot screened porch**. While the residence may provide interim rental income or temporary office use, it is considered secondary to the propertys exceptional land value and long-term redevelopment potential.The home currently does not have a lease agreement.The approximately 3.81-acre parcel offers substantial frontage along Blue Angel Parkway, a major north-south corridor serving west Pensacola and NAS Pensacola. Its high-visibility location, strong traffic exposure, and proximity to retail, employment centers, and major transportation routes make it an outstanding investment opportunity for developers seeking a premier multi-family project.**Property Highlights:*** 3.814Â± acres of prime, buildable commercial land* Zoned Commercial* Suited for multi-family residential development* Planned 90-unit apartment complex* Preliminary schematics include six-story buildings with 204 parking spaces* Existing 1,968Â± SF single-family residence on-site* Residence built in 1947 (effective year 2000)* Concrete block construction with central heat and air* Existing home may provide interim income or office use during planning* Multiple inspections and due diligence reports have been completed* Inspection reports available upon request through the listing agent* High-visibility location on Blue Angel Parkway, approximately 0.25 miles north of Lillian Highway* Excellent access to NAS Pensacola, shopping, dining, schools, and major thoroughfaresThis is a rare opportunity to acquire a strategically located development parcel with substantial due diligence already completed, an existing res

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Danny A. Zimmern

The Zimmern Team Office

(850) 232-1944 cell

(850) 266-7245 office

danny.levinrinkerealty.com

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1786 N Blue Angel Pkwy Pensacola, FL 32506

Listing Details

Description

Features

Gallery

Contact the Listing Agent

Danny A. Zimmern

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