$7,500,000
Pensacola, FL 32507
MLS# 980980
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Property Description
SELLER IS FLUSHING ASSETS, ALL OFFERS WELCOME. A 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 café. With all zoning approvals, conditional use permits, and engineering studies complete, this investment
Details
Contract Info
Listing Board: Emerald Coast
List Price/Acre: 1071428.57
List Date: 2025-07-15
List Price: $7,500,000
Location, Tax and Legal
Sub Area: 0806 - 32507
Elementary School: Warrington
Middle School: Warrington
High School: Pensacola
Legal Description: LT 18 SPINNAKER COVE S/D PB 11 P 96 OR 8976 P 1542 CA 212 + 33 Additional Parcels
General Property Info
Sub-Type: Vacant Land
Acreage: 7
Listing Info, Tax & Legal
Is Subject Leased: No
Assessment Fees: No
New Buyer Fee: No
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: SELLER IS FLUSHING ASSETS, ALL OFFERS WELCOME. A 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 café. With all zoning approvals, conditional use permits, and engineering studies complete, this investment
Sale Type
Accept Backup Offers: 1
Waterfront
Bay: 1
Bayou: 1
Waterfront Feet: NA
Waterview
Bay: 1
Bayou: 1
Lot Features
Within 1/2 Mile to Water: 1
See Remarks: 1
Project Facilities
Waterfront: 1
Lot Access
City Road: 1
Paved Road: 1
Utilities
None: 1
Zoning
Commercial: 1
Resid Multi-Family: 1
Resid Single Family: 1
See Remarks: 1
Financing
Conventional: 1
Other: 1
None
Current Price: $7,500,000
Status Change Info
Status: Active
Location Tax and Legal
Street #: 612
Street Direction: S
Street Name: 1st
Street Suffix: Street
Area: 08 - Escambia County
State: FL
Zip Code: 32507
County: Escambia
Project Name/Subdivision: SPINNAKER COVE
Parcel ID: 512S306046000018
Property Features
Sale Type: Accept Backup Offers
Lot Access: City Road; Paved Road
Lot Features: Within 1/2 Mile to Water; See Remarks
Zoning: Commercial; Resid Multi-Family; Resid Single Family; See Remarks
Waterfront: Bay; Bayou
Waterview: Bay; Bayou
Project Facilities: Waterfront
Utilities: None
Financing: Conventional; Other
Supplements
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.
Listing Office: Scenic Sotheby's International Realty
Last Updated: February - 13 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.
Broker Attribution:
wes@scenicsir.com
