Downtown Pensacola Real Estate Search

Downtown Pensacola Land for Sale

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Newest Downtown Pensacola Land for Sale

$29,900
686295 MLS
Build your coastal retreat in Murphy’s Cove, one of Northeast Pensacola’s quiet, tucked-away waterfront enclaves. This residential vacant lot sits along the scenic Mackey Cove Drive corridor, a winding shoreline road known for its mature trees, peaceful setting, and proximity to the protected waters of Mackey Cove, Escambia Bay, and the Bayou Texar system. The area offers a blend of natural beauty and convenience—just minutes from Scenic Highway, I-10, UWF, Ascension Sacred Heart, and the shopping and dining options along Nine Mile Road and Davis Highway. Murphy’s Cove is prized for its serene, low-traffic environment, where residents enjoy birdwatching, kayaking, and easy access to the bay. The surrounding shoreline includes marsh habitat, quiet inlets, and small residential pockets with a mix of custom homes and wooded lots. The 3600 block of Mackey Cove Dr. places you near the water’s edge, offering a tranquil setting with the feel of Old Florida—yet still within a short drive of downtown Pensacola, Pensacola International Airport, and the beaches of the Gulf Islands National Seashore. This lot offers an excellent opportunity for a new-construction home in a natural, coastal setting. Whether you envision a cottage-style residence or a modern elevated design, this location offers the flexibility to create a private retreat close to the water and surrounded by nature. Buyer to verify all building requirements, utility availability, and setback guidelines.

3600 BLK Mackey Cove Dr, Pensacola

$1,299,999
686287 MLS
Discover a rare opportunity to own approximately 31 versatile acres offering privacy, functionality, and future potential. The property features a solid, well-established 2,400-square-foot home surrounded by beautiful, mature landscaping—creating a welcoming setting for a private estate, equestrian property, hobby farm, or long-term investment. Valuable groundwork has already been completed, including a recent survey, wetland study, and four-point inspection, giving buyers added confidence and a strong start on due diligence. The outdoor improvements are exceptional. A massive 40' x 100' barn includes two fully enclosed sections with roll-up doors, a center RV bay, and an additional 15-foot lean-to—ideal for tractors, trailers, boats, and equipment. A 30' x 60' covered carport provides even more protected parking and storage. The fenced pasture is well suited for horses or livestock, while an approximately two-acre man-made pond offers a peaceful setting for fishing, wildlife watching, and enjoying the natural surroundings. Located in an area experiencing continued residential growth, the property is zoned Medium Density Residential, with nearby development adding to its long-term investment appeal. Buyers should independently verify zoning, land use, wetlands, and development possibilities with the appropriate local authorities. Properties offering this combination of acreage, an established 3bed 2.5 bath home, substantial improvements, natural beauty, and future potential are increasingly difficult to find. Schedule your private tour and explore everything this unique property has to offer.

7621 Chellie Rd, Pensacola

$210,000
686234 MLS
Unique Opportunity with Residential Home, Large Warehouse/Workshop & Development Potential! This unique property offers a residential home with a very large warehouse/workshop on a spacious corner parcel. The home needs cosmetic updating, while the electrical and plumbing have already been updated. Prior to COVID, the property operated as a men's ministry and featured four half baths and one full bath with a shower. At that time, the property carried a 301C exemption and was used for multiple purposes. Following COVID, the county removed the 301C status and the zoning was changed. The property is now zoned to allow a single residential home, office, or retail/store use. Buyers should verify all zoning, permitted uses, and future development plans with Escambia County. The property also offers the potential for additional single-family residences, including manufactured homes, subject to county approval. There are two RV hookups located inside the fenced area. The large warehouse/workshop includes electricity and air conditioning. Although county zoning information may not specifically identify warehouse use, the seller states the county permitting department previously issued permits for the structure, including the required retention pond. Buyers should independently verify all permitting and allowable uses. The property includes the adjoining corner lot, providing frontage extending from 69th Street east along Lillian Highway, creating additional flexibility and visibility. Cash or creative financing only. Seller will not provide owner financing. Property taxes are expected to be reassessed based on the current zoning designation.

6812 Lillian Hwy, Pensacola

$197,500
685384 MLS
Opportunities like this rarely surface as one of the few remaining buildable vacant lots near the heart of Downtown Pensacola, genuinely scarce in the East Hill neighborhood where developable lots have all but disappeared. The parcel spans 34' x 102.5', wider than a typical downtown lot, giving it unique flexibility. Zoned C-2, it allows for residential, multifamily, office, retail, or mixed-use, freeing you to shape a project around your vision rather than around constraints. The lot sits outside the CRA Overlay District, meaning greater architectural latitude and a more streamlined path through development. Minimal setbacks further open up what the site can hold, and with no HOA or deed restrictions, the possibilities stay firmly in the builder's hands. Position is part of what makes it special. A third-floor vertical elevation offers potential Pensacola Bay views, a truly special feature for downtown living. The property lies roughly half a mile from the Bay and within an easy walk of the restaurants, shops, galleries, parks, entertainment venues, and waterfront that define downtown life. A luxury custom residence is planned for the adjacent property, a signal of how this pocket of downtown is taking shape. As downtown vacant land grows scarcer by the year, a prime development site in one of Pensacola's most desirable and fastest-growing areas is not something that comes along often. This is the chance to secure one before it becomes someone else's.

902 Belmont St, Pensacola

$219,000
685136 MLS
Build your coastal dream home in the heart of Perdido Key! Don’t miss this opportunity to own a residential corner lot in the highly desirable Holiday Harbor area at 14000 Waterview Drive. Located just across the street from the Intracoastal Waterway, this approximately 0.19-acre parcel offers the potential for beautiful water views with the right home design and elevation. Whether you’re looking to build a full-time residence, second home, vacation retreat, or investment property, this lot offers flexibility and an unbeatable coastal location. Current zoning allows for a single-family home or a duplex, creating multiple possibilities for personal use or income-producing potential. Setback requirements currently include approximately 25-foot front setbacks, 12.5-foot rear setbacks, and approximately 6.5-foot side setbacks, allowing room to thoughtfully design your future coastal property. Buyers should verify all zoning, building requirements, utilities, and flood zone information during due diligence. One of the biggest advantages of this property is the lifestyle it offers. Enjoy being just minutes from local favorites including Holiday Harbor Marina, Sunset Grille, Perdido Bay Golf Club, Lost Key Golf Club, public boat launches, waterfront dining, and the white sand beaches of Johnson Beach National Seashore. The property also offers convenient access to Pensacola NAS, making it ideal for those needing access to the base while still enjoying the relaxed coastal lifestyle Perdido Key is known for. Build now or hold for the future as buildable residential lots in Perdido Key continue to become more limited. With boating, beaches, golf, restaurants, and waterfront entertainment all nearby, this property offers the opportunity to create your own slice of coastal living in one of the Gulf Coast’s most desirable locations.

14000 Waterview Dr, Pensacola

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