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Listed price in listed location currency (USD).
$1,350,000

000

MLS® 384011

  • Key Facts
  • Description
  • Map

Key Facts

Type Unimproved Land
Levels Land
Size -
Garage No
Taxes $1,469
Days Active 152
Lot Size 1.31 acres
Approx. Age 
MLS® Number 384011

Property Address: 5661 Galvez Rd, Pensacola, FL, 32507-8518

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number384011
Laundry Level
Central VacNo
FireplaceNo
Acreage1.31
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 20, 2025List Date
$1,350,000List Price
  • Commute

Commute

Starting Address
Destination Address
5661 Galvez Rd, Pensacola, FL

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