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$70,000
672620 MLS
This charming .32-acre parcel within the gated community of Innerarity Island is the perfect setting for your dream home. Nestled in a peaceful natural environment, the property offers the ideal blend of modern living and untouched coastal beauty. The landscape is home to an array of local wildlife, including gentle deer, hummingbird, eagles and nesting osprey, creating a harmonious connection with nature. As evening falls, the island transforms with the soothing sounds of owls and other nocturnal creatures, adding to the enchanting atmosphere. At the heart of the community lies a beautifully maintained park overlooking Perdido Bay, where residents gather to enjoy breathtaking sunsets. The park features a pickleball court, small pier, picnic area, and will soon include a new playground for children to enjoy. Beyond the amenities, it’s the people who make Innerarity Island truly special. The neighbors are friendly, welcoming, and full of community spirit. Social gatherings such as golf cart parades, potluck dinners, Wine Wednesdays, and neighborhood playtime for children create a strong sense of togetherness. Innerarity Island isn’t just a place to live; it’s a lifestyle defined by natural beauty, warm connections, and a true sense of belonging. This could be the site for your future home.

16502 North Shore Ln, Pensacola

$215,000
672039 MLS
Prime Development Opportunity on 1.91 Acres — 5006 W Fairfield Dr, Pensacola, FL Unlock the potential of this 1.91-acre parcel located along busy W Fairfield Drive, offering excellent visibility and convenient access to major roadways, shopping, and employment centers, this property provides flexibility for a variety of development options. A previous development order was approved for an 8-duplex (16-unit) multifamily project with a minimum of 36 paved parking spaces, showcasing the site’s readiness for residential potential. A complete set of plans is available and will convey with the sale, saving valuable time in the planning and approval process. Whether you’re a developer, investor, or business owner seeking a strategic location, 5006 W Fairfield Dr presents a rare opportunity to bring your next project to life in one of Pensacola’s growing corridors.

5006 W Fairfield Dr, Pensacola

$189,000
671888 MLS
Build Your Dream Home with Water Views in the Sought-After Grande Lagoon Community! This cleared lot is perfectly positioned and ready for your custom build! Located in the highly desirable Grande Lagoon neighborhood, you'll enjoy breathtaking views of the Intracoastal Waterway from the front, while the rear of the property backs up to the peaceful Grande Lagoon lake. Enjoy the best of both waterfront worlds with your own private deeded beach access just across the street, plus a community tennis court and playground only two lots away. Whether you love kayaking, paddleboarding, fishing, or simply soaking in sunset views, this lot delivers on lifestyle. This property is in the AE flood zone. Base flood elevation 13' and design flood elevation is 16'. Conveniently located near NAS Pensacola, Johnson’s Beach and offering easy access to Downtown Pensacola, this is a rare opportunity to own in one of the area's most welcoming and amenity rich neighborhoods. Don't miss your chance to create the coastal home you've always dreamed of.

5639 Grande Lagoon Blvd, Pensacola

$72,000
671784 MLS
Discover a great opportunity to build your dream home in the private, gated community of Innerarity Island—a hidden gem along the Gulf Coast. This vacant lot, nestled on North Shore Way, offers a perfect canvas for your coastal retreat. Living here means being surrounded by the best of Mother Nature’s beauty—live oaks, native wildlife, and peaceful walks throughout the neighborhood. From the community’s waterfront park, you’ll experience breathtaking sunsets over Perdido Bay, painting the sky in vibrant colors each evening. Join your other neighbors for an evening gathering and enjoy some local conversations and neighborly banter. The island lifestyle is serene and private, yet conveniently located just minutes from Perdido Key beaches, shopping, dining, and within driving to the Downtown Pensacola district or a quick drive over the bridge towards Orange Beach, AL. Whether you envision a coastal cottage or a modern waterfront-inspired design, this lot offers the freedom to create the lifestyle you’ve always dreamed of (with approval of the architectural committee). Don’t miss your chance to become part of the unique community of Innerarity Island, where life moves a little slower, the sunsets shine brighter, and nature is always just outside your door.

5602 North Shore Way, Pensacola

$72,500
670503 MLS
Discover an incredible opportunity to build your dream home or next investment on this spacious residential lot located in the heart of Pensacola, well-established area, this property offers convenience and accessibility to nearby amenities including Cordova Mall, Pensacola State College, Ascension Sacred Heart Hospital, and a wide variety of dining and shopping options. The lot is flat, cleared, and ready for development, utilities available, saving you time and money during the building process. With easy access to I-10, downtown Pensacola, and the white sand beaches of the Gulf Coast just a short drive away, this location combines suburban comfort with city convenience. Whether you're planning to build a personal residence or an investment property, this lot presents the perfect blend of location, potential, and value in one of Pensacola’s most sought-after areas.

3545 Creighton Rd, Pensacola

$799,000
670743 MLS
Rare opportunity! This 30.81-acre property along Perdido Bay in Perdido Key/Pensacola offers an incredible 850 feet of waterfront—making it one of the largest and most versatile land offerings in the area. Whether you’re dreaming of building a private estate, family compound, or developing a resort-style community, the possibilities are endless. Developers will love the potential here: room for both waterfront and interior homes, plus space for amenities like a pool, pickleball courts, pavilion with fireplace, boardwalks, trails, and a community beach with picnic area. The property is as beautiful as it is expansive, with mature trees, native vegetation, and abundant wildlife creating a peaceful natural setting. The wide bay frontage is ideal for boating, fishing, kayaking, or simply relaxing while soaking in the views and coastal breezes. Just minutes from Perdido Key’s sugar-white beaches, Orange Beach, and the Gulf of Mexico, you’ll also enjoy easy access to NAS Pensacola, downtown Pensacola, and nearby parks like Tarkiln Bayou Preserve with miles of hiking and bird-watching trails. This is truly a rare find—vast acreage, significant waterfront, and unmatched natural beauty all in one location. Whether kept as a private sanctuary or transformed into a thoughtfully designed community, this land is a blank canvas ready for the vision of its next owner. Totaling three parcels – giving you multiple access points. The Alabama Pass is just a 30-minute boat ride away, giving you endless access to both inshore and offshore adventures. Don’t miss your chance to secure a remarkable piece of Perdido Bay.

12600 Meadson Rd, Pensacola

$1,350,000
669552 MLS
Unlock an exceptional investment opportunity in one of Perdido Key’s fastest-growing corridors. This 1.3-acre property offers an unparalleled mix of visibility, access, and flexibility, with 250 feet of frontage each on Innerarity Point Road, Galvez Road, and Cruzat Way. Zoned HDMU, it is primed for both residential and commercial development, creating multiple income streams from a single site. Originally platted into 10 residential lots, the property is ideal for boutique townhomes, upscale vacation rentals, or a mixed-use destination that combines ground-floor retail with high-demand upper-floor Airbnb units. Imagine the rental income from a thoughtfully designed complex featuring a coffee shop, boutique retail, or wellness studio below, paired with luxury short-term or long-term rentals above—perfectly positioned to capture year-round tourism and steady local demand. The location is unbeatable: across from the popular Hub Stacey’s, next to picturesque Innerarity Point Park, and steps from Galvez Landing for boating, fishing, and waterfront recreation. Residents and visitors alike will appreciate the ability to walk to restaurants, entertainment, and essential services. The neighborhood’s momentum is undeniable, with several new residential communities and a modern apartment complex recently completed, increasing foot traffic and creating a ready-made customer base. The combination of tourism growth, a booming residential population, and the area’s coastal charm makes this a rare chance to secure a high-performing asset in a market poised for continued appreciation. Whether your goal is steady cash flow, long-term equity growth, or both, this prime location offers the versatility and demand drivers that investors seek. Act now to claim your place in Perdido Key’s dynamic future. NO BEACH MOUSE PERMIT NEEDED!

5661 Galvez Rd, Pensacola

$335,000
667788 MLS
1.65 Acres in Pensacola. 270ft deep-water frontage. Water meter, DOT-approved concrete driveway, & fire hydrant in place. Build ready! Discover an incredible opportunity with this waterfront vacant land boasting 270 feet of water frontage along a deep-water bayou leading directly to beautiful Perdido Bay, that can be used as residential or commercial! A new public boat ramp is conveniently located nearby, enhancing recreational access. The property is partially cleared and includes a DOT-approved concrete driveway for easy access. Essential infrastructure is in place with a water meter, backflow prevention system, fire hydrant, and approved for installing a septic system. A recent wetlands survey confirms ample uplands for building, providing peace of mind for future development. Additional features include fencing along the south side and a prime location perfect for constructing your own dock—offering a safe, protected spot for your boat in the serene bayou waters. Don’t miss this rare blend of natural beauty and build-ready infrastructure.

10950 Lillian Hwy, Pensacola

$8,200,000
667648 MLS
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.

612 S 1st St, Pensacola

$780,000
663963 MLS
Rare Waterfront Lot in Prestigious Harbour Pointe – A Coastal Gem! Welcome to a truly exceptional opportunity to own one of the last remaining waterfront lots in the exclusive, gated community of Harbour Pointe. Rarely does a property of this caliber come to market — offering not only direct waterfront access and breathtaking views, but also an unmatched lifestyle in one of Pensacola’s most coveted neighborhoods. This lot provides an ideal canvas to build your dream home. Enjoy the peace of mind that comes with a Rip Rap–fortified shoreline, ensuring long-term protection from erosion and preserving the beauty and value of your investment. Living in Harbour Pointe means being just minutes from Pensacola Country Club, Pensacola Yacht Club, and Downtown Pensacola, with all its dining, shopping, and entertainment. Outdoor enthusiasts will revel in the quick boat ride to Pensacola Pass, offering endless opportunities for fishing, sailing, and waterfront exploration. The neighborhood features a community dock, perfect for casting a line, watching the sunset, or hosting an intimate cocktail gathering with neighbors. And with school choice options, Harbour Pointe offers flexibility for families as well. This is more than just a lot — it’s a gateway to a lifestyle of luxury, leisure, and lasting value. Don't miss your chance to secure this rare waterfront gem in one of Pensacola's most prestigious enclaves.

545 Windrose Cir, Pensacola

© Baldwin County Association of Realtors, Inc. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on .