Price Reduction
Address
1201 N P St Pensacola, FL
Price
$ 314,000
Property Attributes
  • MLS#503687
  • TypeCommercial
  • CountyESCAMBIA
  • CityPensacola
  • AreaEscambia
  • Zip32505
  • StyleLand
  • Price$ 314,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage12220
  • Lot Size3.7 Acres
Listing Provided Courtesy Of:
NAI Pensacola
Data Source:
Pensacola Association of Realtors (PARMLS) - 56 - FL
Property Description

Great visibility corner lot just off of Pace Boulevard. There is a 9500 SF building on site, but no value is attributed to the building. The lot enjoys great presence and access on the corner of P Street and Brainerd Street Perfect location for inter-city development that includes all forms of single family and multi-family dwellings. The property is favorably zoned HDMU which allows for up to 25 DU/AC High-Density Mixed-Use District: provides for a mix of neighborhood retail sales, services, and professional offices with greater dwelling unit density. Residential uses within the district include all forms of single-family, two-family and multi-family dwellings. (a)Purpose. The high-density mixed-use (HDMU) district establishes appropriate areas and land use regulations for a complementary mix of high-density residential uses and compatible nonresidential uses within urban areas. The primary intent of the district is to provide for a mix of neighborhood retail sales, services, and professional offices with greater dwelling unit density and diversity than the low-density mixed-use district. Additionally, the HDMU district is intended to rely on urban street connectivity and encourage vertical mixes of commercial and residential uses within the same building to accommodate a physical pattern of development characteristic of village main streets and older neighborhood commercial areas. Residential uses within the district include all forms of single-family, two-family and multifamily dwellings.

Price History
4/7/2021 Listed $500,000
5/18/2021 38% - $314,000

General Features

Building Name 1201 North p Street
Buildingareaunits Square Feet
City Pensacola
Co-Listing Agent Ken Ellzey
Co-Listing Agent Last Name KEN
Co-Listing Agent Last Name Ellzey
County Escambia
Current Use Multi-Family, Residential
Days on Market 883
Directions Take North P Street off of W. Cervantes for 4 or 5 blocks. Property is on the NorthWest corner of North P and Brainerd.
Electric 120/240 Volts, 200+ Amp Service
Listing Agent Name John Griffing
Property SubType Land
Property Type Commercial Sale
Standard Status Active
Status Active
Street Name P St

Interior Features

Living Area 12220
Livingareaunits Square Feet

Exterior Features

Building Area Total 12220
Frontage Length 244
Lot Dimensions 244 x 660
Lot Size Acres 3.7
Lot Size Area 3.7
Lot Size Square Feet 161172
Lot Size Units Acres

Amenities

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

Property vs Commercial Average in 32505

Price
AVG $740K
$310K
Visits
AVG 47
18
Walkscore
AVG 47
61
Data Provided by Walkscore ® not using MLS data

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