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$8,200,000
13 Days On Site

612 S 1st Street
Pensacola, FL 32507

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
County:
Escambia
Listing courtesy of Wesley J Madden of Scenic Sotheby's International Realty
Call Now: (850) 543-1363
Is this the listing for you? We can help make it yours.
(850) 543-1363
612 S 1st Street612 S 1st Street612 S 1st Street612 S 1st Street
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Monthly Payment (Est.)

$37,412
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

SPINNAKER COVE | PREMIER WATERFRONT DEVELOPMENT OPPORTUNITYA master-planned, gated community spanning 7+ acres along Bayou Grande, Spinnaker Cove offers direct access to Pensacola Bay and front-row views of the iconic Blue Angels. Featuring access to 18+ community boat slips and the acquired Anne's Bayou with proposed walking trails, this luxury enclave sits minutes from NAS Pensacola and White Island's future sand replenishment project. Zoned for flexible mixed-use this opportunity is ideal for a blend of waterfront estates, luxury townhomes, high-density residential, and retail. Development potential includes condominiums, a rooftop restaurant, boutique hotel, co-working space, and a cafe. With all zoning approvals, conditional use permits, and engineering studies complete, this investment opportunity is turnkey-ready. Positioned within the Navy Boulevard revitalization corridor, demand is bolstered by a strong military and vacation rental marketmaking Spinnaker Cove a rare opportunity to shape Pensacola's next landmark coastal community. This listing consist of 34 Parcels as follows: 1) 512S306040004024 600 Blk South Navy Boulevard 2) 512S306040003024 600 Blk South Navy Boulevard 3) 512S307062081041 600 South Navy Boulevard 4) 512S307062080041 5 Interbay Avenue 5) 512S307062070041 601 South 1st Street 6) 512S307062060041 603 1st Street 7) 512S307062006040 602 South 1st Street 8) 512S307062007040 604 South 1st Street 9) 512S307062008040 606 South 1st Street 10) 512S307062009040 608 South 1st Street 11) 512S307062004040 601 South 2nd Street 12) 512S307062003040 603 South 2nd Street 13) 512S307062001040 605 South 2nd Street 14) 512S306046000018 612 South 1st Street 15) 512S306046000017 612 South 1st Street 16) 512S306046000013 600 Blk South 1st Street 17) 512S306046000012 600 Blk South 1st Street 18) 512S306046000011 600 Blk South 1st Street 19) 512S306046000010 600 Blk South 1st Street 20) 512S306046000009 600 Blk South 1st Street 21) 512S306046000006 600 Blk South 1st Street 22) 512S306046000005 600 Blk South 1st Street 23) 512S306046000004 600 Blk South 1st Street 24) 512S306046000003 600 Blk South 1st Street 25) 512S306046000002 600 Blk South 1st Street 26) 512S306046000001 600 Blk South 1st Street 27) 512S306046000038 600 Blk South 1st Street 28) 512S306046000040 600 Blk South 1st Street 29) 512S306046000041 600 Blk South 1st Street 30) 512S306046000042 600 Blk South 1st Street 31) 512S307062004039 604 South 2nd Street 32) 512S307062003039 600 South 2nd Street 33) 512S307062002039 200 Blk Interbay Avenue 34) 512S306040003023 Palomar Drive ANNE'S BAYOU IS INCLUDED IN THE OFFERING

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Listing Snapshot
Price 
$8,200,000
Days On Site 
13 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
7 Acres
Year Built 
N/A
MLS® Number 
981167
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoStatus changed to Active
2 weeks agoListing first seen on site
General Features
Acres 
7
Zoning 
Mixed Use
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Community Features
MLS Area 
08 - Escambia County
Listing courtesy of Wesley J Madden of Scenic Sotheby's International Realty



Listing information is provided by Participants of the Emerald Coast Association of Realtors MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Emerald Coast Association of Realtors MLS.
Last checked: 2025-07-28 11:31 AM UTC

Neighborhood & Commute
Source: Walkscore
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