Pensacola, FL 32514,8605 Jernigan Road
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$ 1,950,000
Est. payment | /mo

11.06 Acres Lot


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$ 1,950,000
Est. payment | /mo
Save

11.06 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 365754

Annual Tax Amount $9,984

Lot Size 11.062 Acres

Lot Dimensions 190 x 488

Property Description

This property, spanning approximately 11.0618 acres, is zoned HDMU, 25 units per acrea, according to the Escambia County Property Appraiser website, making it suitable for development into apartments, condos, or townhouses. The site features 1.27 acres of wetlands, much of which comprises a lake along the southern boundary, providing natural buffers along with the wetlands on the western boundary.Key features of the property include:458 feet of frontage along Jernigan Road30 feet of frontage along Jo Jo RoadProximity to various amenities and landmarks, including:Approximately 2 miles from the University of West Florida (UWF)Close to Target Shopping Center, Publix, Walmart, and the Baptist Health Care Center on 9 Mile RoadNear West Florida Hospital on University ParkwayAbout 2 miles from Ellyson Clean Air Industrial Park and the University Mall areaThis prime location and natural surroundings make it an attractive site for residential development. This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract, such as a purchase and sale agreement or a contract for deed. In this situation, the seller does not have legal title to the property, but the equitable interest gives seller the right to acquire legal title. Buyer to verify all information during due diligence.

Location

State FL

County Escambia

Area Escambia County Fl

Interior

Fireplace No

Exterior

Utilities Available Water Available

Waterfront Description Pond

View Y/N No

View None/Not Applicable

Building

Lot Description Land, 10-25 acres, Elevation-High

Schools

Elementary Schools Not Baldwin County

Middle Schools Not Baldwin County

High Schools Not Baldwin County

Others

Ownership Whole/Full

Listed by Poppy Properties, LLC
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8605 Jernigan Road