Prime Development Opportunity – Large Corner Lot in Downtown Pensacola! Rare opportunity to acquire a large corner lot in the heart of Pensacola with confirmed development potential. The City has verified that this property may be subdivided into two parcels, allowing for the construction of two single-family homes or single-family homes with ADUs, subject to applicable CRA design guidelines. The existing structure is being conveyed at no value; listing is for land value only, making this an ideal opportunity for redevelopment. Corner lot configuration provides excellent flexibility for layout, access, and design. Located in an established urban area with strong demand for new construction, this property offers a rare chance to build in a central location with multiple development paths. Zoned R2: Residential/office. Buyer to perform due diligence to confirm zoning, CRA requirements, subdivision process, and development standards
