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! Buyer to verify all information during due diligence.
Listed By
Agency Name: Levin Rinke Realty
Agency Phone: 850-916-5050
Shown By
Agent Name: Christy Gustin
Agent Phone: (251) 508-7952
Agency Title: Bellator Real Estate
Estimated Payment
$ 6,991.31 per month $6,475.15 Principal & Interest $122.42 Property Tax $393.75 Homeowner's InsuranceSend an email with a link to
5661 Galvez Road, Pensacola, FL 32507.
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5661 Galvez Road, Pensacola, FL 32507.
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5661 Galvez Road | MLS# 409822
This land located at 5661 Galvez Road, Pensacola, FL 32507 is currently listed for sale with an asking price of $1,350,000. The property has approximately 1.31 Acres. Search Pensacola real estate on christygustin.gobellator.com today.