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120 S Tarragona St

Pensacola, FL 32502
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Acres0.33

Acre(Lot)

Rare opportunity to acquire a vacant parcel in the heart of downtown Pensacola’s Historic District. A major advantage of this site is that it is stormwater exempt, significantly reducing development costs and simplifying the construction process compared to many other downtown parcels. Surrounded by established restaurants, retail, offices, and residential developments, this location offers excellent walkability and strong visibility within one of Pensacola’s most desirable urban corridors. The Historic District encourages thoughtful, pedestrian-friendly development while preserving the character that makes downtown Pensacola unique. This parcel offers a rare and flexible development opportunity in a highly sought-after location. Opportunities like this—vacant, buildable land in the downto wn historic district with stormwater exemption—are increasingly difficult to find.

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Detail Ic Property Details

Property Type : Land

Price : $1,700,000

AD Id : 75939470

MLS Id : 678806

Lot Size : 0.33 Acre(Lot)

County : Escambia - Fl

Subdivision: Old City Tract

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Feature Features

  • Heating & Cooling

    WaterSource: Public

  • Lot Information

    Lot Dimensions: 170 x 84 Lot Size Area: 0.327259 Lot Size Units: Acres Lot Square Feet: 14,255 Lot Acres: 0.327259 Main Square Feet: 0.327259

    Property Information

    Property Type: Land Sub Type: Land/AcreageSubdivision: Old City Tract

  • Listing Price Information

    Original Listing Price: $1700000

  • Tax Information

    Parcel Number: 000S007901000002

  • Elementary School: Global Learning Academy
    Junior High School: WORKMAN
    Senior High School: Pensacola
  • Location Information

    Direction: From Garden St, south on Tarragona, lots are located on the left before Intendencia St. Location of lot is currently being used as a parking lot.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
16 Wharf Ave, Pensacola, FL, 32502 $650,000 -- -- -- 0.14 Acre(Lot)
19 N 9th Ave, Pensacola, FL, 32502 $295,000 -- -- -- 0.09 Acre(Lot)
670 Romana St, Pensacola, FL, 32502 $314,900 -- -- -- 0.13 Acre(Lot)
300 Clubbs St, Pensacola, FL, 32502 $225,000 -- -- -- 0.08 Acre(Lot)
1000 W Zarragossa St, Pensacola, FL, 32502 $155,000 -- -- -- 0.13 Acre(Lot)
116 N E St, Pensacola, FL, 32502 $130,000 -- -- -- 0.15 Acre(Lot)
1311 W Intendencia St, Pensacola, FL, 32502 $150,000 -- -- -- 0.09 Acre(Lot)
902 S I St, Pensacola, FL, 32502 $265,000 -- -- -- 0.09 Acre(Lot)
400 BLK W Intendencia St, Pensacola, FL, 32502 $165,000 -- -- -- 0.09 Acre(Lot)

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ByOwner last updated this listing 06/12/2026 @ 17:01

MLS: 678806 LISTED BY: Joshua Keith, Levin Rinke Realty 850-916-5050 SOURCE: Pensacola MLS

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