Discover A Prime Opportunity For Luxury Development
Updated: Yesterday
MLS#669552
About the Property
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. O
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!
Specializing in Pensacola, Pensacola Beach and Gulf Breeze real estate and waterfront properties, Levin Rinke Re
Specializing in Pensacola, Pensacola Beach and Gulf Breeze real estate and waterfront properties, Levin Rinke Realty is a leading real estate company and developer on Pensacola Beach. The founders started this vision for development over 20 years ago and later formed a partnership that shared the desire to surpass the quality of construction of any development on Pensacola Beach at that time. Levin & Rinke Resort Realty was later formed in 2000. Our team is committed to providing the best level of knowledge of the area’s real estate market. With our familiarity of the area, we pride ourselves on being the EXPERTS on Pensacola and surrounding communities. We are committed to customer satisfaction.
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Last updated
Yesterday
First listed
Aug 23
Listing reference
dafa39f7-9d54-11f1-831f-6045bdd61ac4
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