2.849 Acre Development Opportunity

2160 Academy Dr Pensacola, FL 32514

Pensacola
FOR SALE
Property Type:
Residential Land Development
Amount:
$1,195,000
Last Verified:
Oct 29, 2024

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Highlights

  • 2.849 Acres
  • Zone HDR
  • 1290SF Residential house located on property, but given no value.

Description

*DEVELOPMENT OPPORTUNITY*
Discover the perfect opportunity to create dynamic campus housing, just a mere half mile from the prestigious University of West Florida. Encompassing +/- 2.849 acres of prime development potential, this exceptional property offers a rare opportunity to create a vibrant and modern living community tailored to the needs of university students. With its strategic proximity to campus, students will revel in the seamless blend of convenience and comfort, fostering a unique sense of community and enhancing their academic journey. Seize the chance to shape the future of students living near the University of West Florida.

Off University Parkway and Nine Mile Road.


Year Built: 1955
Building Size: 1290sq ft
Lot Size: 2.85 acres


Documents

2160 Academy Dr Sale Brochure

Map of 2160 Academy Dr, Pensacola, FL, 32514

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.