Waterfront - Seller Financing
Address
2960 OLD CHEMSTRAND RD Pensacola, FL
Price
$ 495,500
Property Attributes
  • MLS#503325
  • TypeLand
  • CountyESCAMBIA
  • CityPensacola
  • AreaEscambia
  • NeighborhoodSatsuma Heights
  • Zip32533
  • StyleLAND/ACREAGE
  • Price$ 495,500
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size47.84 Acres
Listing Provided Courtesy Of:
REAL ESTATE COUNSELORS
Data Source:
Pensacola Association of REALTORS (FARPENS)
Property Description

HOME BUILDERS, DEVELOPERS AND INVESTORS! ECUA IS ALMOST DONE WITH THE PLANS FOR "THE BLUFFS" WHICH WILL NEED THOUSANDS OF HOMES RIGHT NEXT DOOR! There is a Video that was produced by Florida West that gives a great overview of "The Bluffs" project that I can send you upon request. With the Commerce park plans for this area this is a great place for affordable "work force" valued housing in this part of the County. Owner would be glad to discuss this more. This is also the entrance to the new "Connector" road between Old/New Chemstrand Rd and Becks Lake Rd. Almost 50 acres of beautiful land with a County zoning which would allow anything from single family residential up to 4-plexes. Many 1000's of jobs already exist in this area of the Escambia River Commercial Area and those numbers are expected to grow in the future. Even now housing is at a premium in most of Escambia County. The attached plat drawing is a concept of the seller to show only a possible layout of homes on the property. Property is zoned for 4 units per acre and duplexes and above are possible. This could be a good parcel for "workforce" homes. The plan for "The Bluffs" will connect New Chemstrand Road with Becks Lake Road providing a shortcut to several of the large planned commerce parks of ECUA, as well as connecting with US 29 north, Molino, and I-65. Property is owned by the Listing Realtor. Also, a portion of the new connector road planned between Old / New Chemstrand Rd and Becks Lake Rd may be located on this parcel, possibly making it easier to develop. It may be possible to re-zone this parcel to allow for a Manufactured Home Park because of the future use of surrounding properties. Owner is the listing Realtor and he will work with a buyer to assist with the development of the property by reasonable owner financing or by take-downs, or a certain level of participation in the project. Information is thought to be accurate but should be confirmed by buyer.

Elementary School Middle School High School
Jim Allen Elementary School Ransom Middle School Tate High School
Price History
7/25/2020 Listed $495,500

General Features

Category LAND
Elementary School JIM ALLEN
High School TATE
Listing Area ESCAMBIA
Middle School RANSOM
Miscellaneous CONVENANTS, WILL DIVIDE
Price Per Sq Ft 10357.44
Sewer SEWER AVAILABLE
Status Active
Status Active
Subdivision SATSUMA HEIGHTS
Topography HIGH/DRY, SLOPED, WETLANDS, WOODED
Water PUBLIC WATER
Waterfront STREAM/CREEK
Zoning COUNTY, MOBILE HOMES, RES MULTI, RES SINGLE

Exterior Features

County Zoning LOW DENSITY RESIDENTIAL
Improvements NO IMPROVEMENTS
Lot Dimensions Varies
Lot Size Area 47.836
Water View CREEK/STREAM VIEW

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 32533

Price
AVG $190K
$500K
Visits
AVG 59
38
Walkscore
AVG 25
7
Data Provided by Walkscore ® not using MLS data

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