- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
- Nearby Homes
$8,200,000
Monthly Est:$40,814
-- Bed
-- Bath
7acres lot
612 S 1St St, Pensacola, FL 32507
$8,200,000
$40,814/moEst:
Get Pre-Approved
Residential Lot
Built in -
$-- HOA
7 acres lot
$1,171,429/acre
Description
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 café. 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.
- Houzeo last checked: 3 minutes ago
- Listing updated: July 23, 2026 at 5:15 pm
- Listing Provided by: John Birdwell (850) 208-1686 | Scenic Sotheby's International Realty (850) 231-6052
- Source: Pensacola AOR MLS-FL | MLS#: 667648
Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
7 acres lot
Basement Area
- sqft
MLS Name
Pensacola AOR MLS
MLS Number
667648
MLS Status
Active
Days on Market
454
Cumulative Days on Market
375
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Download App
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Public Sewer
Utilities & Energy
Water Source
Public
Other Features
Subdivision Name
Spinnaker Cove
Price History
| Date | Event | Price |
|---|---|---|
06/30/2026 Source: | Price Change | $8,200,000 $0/sqft |
07/15/2025 Source: | Listed for Sale | $8,200,000 $0/sqft |
07/15/2025 Source: | Off Market | $8,200,000 +10833.33% $0/sqft |
10/08/2020 Source: | Listing Removed | $75,000 +15.38% $0/sqft |
04/16/2020 Source: | Sold | $65,000 $0/sqft |
Nearby Homes
Find Homes by Property Features in Pensacola, FL
Nearby New Homes For Sale
Based on information from the Pensacola Association of REALTORS (alternatively, from the Pensacola MLS) through (date). This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information deemed reliable but not guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 Multiple Listing Service of the Pensacola Association of REALTORS®. All Rights Reserved.
Advertising Broker: Moe Mossa (Savvy Avenue) | Savvy Avenue, LLC