Waterfront Multifamily Development Opportunity

150 Ethel Wingate Dr Pensacola, FL 32507

150 Ethel Wingate Dr, Pensacola, FL, 32507
150 Ethel Wingate Dr, Pensacola, FL, 32507 150 Ethel Wingate Dr, Pensacola, FL, 32507 150 Ethel Wingate Dr, Pensacola, FL, 32507
FOR SALE
Property Type:
Multifamily Land
Amount:
$2,100,000
Last Verified:
Jul 25, 2024

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Highlights

  • Waterfront Multifamily Opportunity
  • Near Blue Angel Recreation Area
  • Close to Big Lagoon State Park
  • Near Naval Air Station Pensacola

Description

This 2.71 acre waterfront multifamily development opportunity in Perdido, Florida, just outside Pensacola, offers a prime location with direct access to the water. Featuring stunning views and the potential for private docks enhances its appeal. Situated in the desirable Perdido area and proximity to Pensacola's amenities, the site is ideal for a multifamily development, providing ample space for community amenities and green spaces. Located near Big Lagoon State Park, the Naval Air Station Pensacola, and the National Museum of Naval Aviation, makes it attractive to a wide range of potential residents. With easy access to highways, shopping, dining options, and recreational activities, the location ensures convenience for future residents. As Perdido experiences growth and increasing interest from residents and investors, this property presents a unique chance to capitalize on the scenic waterfront location and the demand for quality housing in the area.

This 2.71 acre waterfront multifamily development opportunity in Perdido, Florida, just outside Pensacola, offers a prime location with direct access to the water. Featuring stunning views and the potential for private docks enhances its appeal. Situated in the desirable Perdido area and proximity to Pensacola's amenities, the site is ideal for a multifamily development, providing ample space for community amenities and green spaces. Located near Big Lagoon State Park, the Naval Air Station Pensacola, and the National Museum of Naval Aviation, makes it attractive to a wide range of potential residents. With easy access to highways, shopping, dining options, and recreational activities, the location ensures convenience for future residents. As Perdido experiences growth and increasing interest from residents and investors, this property presents a unique chance to capitalize on the scenic waterfront location and the demand for quality housing in the area.

Lot Size: 2.71 acres


Documents

SVN - Waterfront Multifamily Development Opportunity

Map of 150 Ethel Wingate Dr, Pensacola, FL, 32507

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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.