Gulf Front Hotel/Condo Development Site - Prime Opportunity in Perdido Key. With the development order already approved, this property presents a turnkey opportunity for investors in the coveted Perdido Key area. This Gulf Front site spans an impressive 1.99 acres and boasts an approved development order for an elegant 14-story hotel/condo complex with a total of 50 units, offering 128 keys for hotel guests and condo owners alike. This development will feature a full-service restaurant, beachfront pool with cabanas, fitness center, state-of-the-art conference center with private meeting rooms, banquet room, and a three-story covered garage parking for up to 140 vehicles. Perdido Key is renowned for its breathtaking Gulf views, sugar-white sandy beaches, and a serene coastal ambiance. This development site offers investors the chance to be part of a thriving community with endless recreational opportunities, from water sports to dining and entertainment. Don't miss out on this rare chance to shape the future of Gulf-front luxury living in one of Florida's most sought-after destinations.
The median home value in Pensacola, FL is $148,700. This is lower than the county median home value of $246,900. The national median home value is $338,100. The average price of homes sold in Pensacola, FL is $148,700. Approximately 52.39% of Pensacola homes are owned, compared to 32.14% rented, while 15.47% are vacant. Pensacola real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Pensacola real estate agent to arrange a tour today!
Pensacola, Florida 32507 has a population of 16,140. Pensacola 32507 is less family-centric than the surrounding county with 18.89% of the households containing married families with children. The county average for households married with children is 22.79%.
The median household income in Pensacola, Florida 32507 is $44,216. The median household income for the surrounding county is $56,605 compared to the national median of $69,021. The median age of people living in Pensacola 32507 is 42.7 years.
The average high temperature in July is 89.7 degrees, with an average low temperature in January of 41.7 degrees. The average rainfall is approximately 64 inches per year, with 0 inches of snow per year.