SELLER IS FLUSHING ASSETS, ALL OFFERS WELCOME SPINNAKER COVE |

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Acreage For Sale

612 S 1st St

Pensacola, Florida 32507

Escambia - Fl County

Waterfront: Yes

Community: Spinker Cove

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$7,500,000 7.000 acres

SELLER IS FLUSHING ASSETS, ALL OFFERS WELCOME SPINNAKER COVE | PREMIER WATERFRONT DEVELOPMENT OPPORTUNITY 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 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 market--making Spinnaker Cove a rare opportunity to shape Pensacola's next landmark coastal community. Please contact listing agent for an executive summary of the development and/or access to due diligence documents.

  • Lot Size: 7.000 acre
  • Lot Dimensions: 
  • Waterfront: Yes
  • View Types: 
  • MLS #: 667648
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Contact Information:
Beach Acreage For Sale in Pensacola, Florida
Listing Agent: John Birdwell, Scenic Sotheby's International Realty, 850-208-1686, 850-231-6052 Listing Site, Listing Status: Active
Copyright © 2025 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6410302
Viewed 89 times.
Updated: Dec 02, 2025

This property is a Acreage located at 612 S 1st St, Pensacola, Florida 32507, and is currently For Sale at $7,500,000.