612 S 1st St
Pensacola, FL 32507
7Acres(Lot)
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 investm
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Heating & Cooling
Water front: Yes WaterSource: Public
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Lot Information
Lot Size Area: 7 Lot Size Units: Acres Lot Square Feet: 304,920 Lot Acres: 7 Waterfront: Bayou Main Square Feet: 7Property Information
Property Type: Land Sub Type: Residential LotsSubdivision: Spinnaker Cove
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Listing Price Information
Original Listing Price: $8200000
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Tax Information
Parcel Number: 512S306046000018
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Virtual Tour
Homeowners Association InformationAssociation YN: Yes
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Elementary School: Warrington ElementaryJunior High School: WARRINGTONSenior High School: Pensacola
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Location Information
Direction: Head south on 1st st until you run into the gates
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 545 Windrose Cir, Pensacola, FL, 32507 | $780,000 | -- | -- | -- | 0.37 Acre(Lot) |
| 35 Bayshore Dr, Pensacola, FL, 32507 | $280,000 | -- | -- | -- | 0.16 Acre(Lot) |
| 39 Bayshore Dr, Pensacola, FL, 32507 | $295,000 | -- | -- | -- | 0.13 Acre(Lot) |
| 429 S Navy Blvd, Pensacola, FL, 32507 | $137,000 | -- | -- | -- | 0.16 Acre(Lot) |
| 00 Seamarge Ln, Pensacola, FL, 32507 | $1,950,000 | -- | -- | -- | 1.36 Acres(Lot) |
| 807 Bayshore Dr, Pensacola, FL, 32507 | $1,170,000 | -- | -- | -- | 0.68 Acre(Lot) |
| 1055 Harbourview Cir, Pensacola, FL, 32507 | $300,000 | -- | -- | -- | 0.22 Acre(Lot) |
| 1009 Harbourview Cir, Pensacola, FL, 32507 | $279,000 | -- | -- | -- | 0.42 Acre(Lot) |
| 400 Chaseville St, Pensacola, FL, 32507 | $39,900 | -- | -- | -- | 0.20 Acre(Lot) |
| 407 Reeves Rd, Pensacola, FL, 32507 | $74,900 | -- | -- | -- | 0.17 Acre(Lot) |
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ByOwner last updated this listing 07/03/2026 @ 23:53
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