49
See all 49 photos
$1,350,000
Est. payment /mo
Active
5661 Galvez Road Pensacola, FL 32507
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Innerarity Point
MLS Listing ID 384011
HOA Y/N No
Year Built 1932
Property Sub-Type Land
Source Baldwin County
Property Description
Unlock an exceptional investment opportunity in one of Perdido Key's fastest-growing corridors. This 1.3-acre property offers an unparalleled mix of visibility, access, and flexibility, with 250 feet of frontage each on Innerarity Point Road, Galvez Road, and Cruzat Way. Zoned HDMU, it is primed for both residential and commercial development, creating multiple income streams from a single site. Originally platted into 10 residential lots, the property is ideal for boutique townhomes, upscale vacation rentals, or a mixed-use destination that combines ground-floor retail with high-demand upper-floor Airbnb units. Imagine the rental income from a thoughtfully designed complex featuring a coffee shop, boutique retail, or wellness studio below, paired with luxury short-term or long-term rentals above—perfectly positioned to capture year-round tourism and steady local demand. The location is unbeatable: across from the popular Hub Stacey's, next to picturesque Innerarity Point Park, and steps from Galvez Landing for boating, fishing, and waterfront recreation. Residents and visitors alike will appreciate the ability to walk to restaurants, entertainment, and essential services. The neighborhood's momentum is undeniable, with several new residential communities and a modern apartment complex recently completed, increasing foot traffic and creating a ready-made customer base. The combination of tourism growth, a booming residential population, and the area's coastal charm makes this a rare chance to secure a high-performing asset in a market poised for continued appreciation. Whether your goal is steady cash flow, long-term equity growth, or both, this prime location offers the versatility and demand drivers that investors seek. Act now to claim your place in Perdido Key's dynamic future. NO BEACH MOUSE PERMIT NEEDED! Buyer to verify all information during due diligence.
Location
State FL
County Escambia County, Al
Zoning MultiFamily,SingleFamily,OtherSeeRemarks
Exterior
Community Features Gazebo, Playground, Fishing Pier, Pets Allowed
Utilities Available Water City
Waterfront Description ICW Access Less Than Or Equal To Quarter Mile
View Y/N Yes
View Direct ICW Across Road, Indirect ICW Across Road
Building
Lot Description Corner Lot, Land, Water View
Schools
Elementary Schools Not Baldwin County
Middle Schools Not Baldwin County
High Schools Not Baldwin County High
Others
Special Listing Condition None
Listed by Levin Rinke Realty
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION