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7201 W Highway 98
Pensacola, FL 32506
7201 W Highway 98 · Land For Sale · 3.90 AC
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Multifamily |
| Property Type | Land | Total Lot Size | 3.90 AC |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 3.90 AC |
1 Lot Available
Lot
| Price | $1,220,000 | Lot Size | 3.90 AC |
| Price Per AC | $312,820.51 |
| Price | $1,220,000 |
| Price Per AC | $312,820.51 |
| Lot Size | 3.90 AC |
Description
An exceptional multifamily development opportunity is available in Northwest Florida on +/- 3.89 acres. This location offers easy access to US Highway 98, the primary route for the panhandle Florida markets, and links to other key Pensacola submarkets. Seller has an approved Development Order for a 72-unit apartment complex, and the property is zoned as High-Density Residential (HDR). Centrally positioned within the Pensacola market, the site is near Pensacola High School, Escambia High School, Pensacola State College, Ascension Sacred Heart Hospital, Baptist Hospital, restaurants, beaches, and Naval Air Station Pensacola.
PROPERTY TAXES
| Parcel Number | 21-2S-31-1308-000-001 | Improvements Assessment | $0 |
| Land Assessment | $126,425 | Total Assessment | $126,425 |
PROPERTY TAXES
zoning
| Zoning Code | HDR (High Density Residential) |
| HDR (High Density Residential) |
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