9121 N DAVIS HWY, PENSACOLA, FL 32514
Listing Presented By
REAL ESTATE INTERNATIONAL INC
LAND - PENSACOLA, FL
A Golden Opportunity for Developer or Investor near UWF consisting of 4.5 acres +/-. Adjoining properties are available to potentially increase acreage to 7 acres +/- (3 parcels) or 5.5 +/- acres (2 parcels) of land. This property fronts Davis Highway (173.5 ft. or 283 ft. of frontage if additional parcel added) and Langston St (150 ft. or 726 ft. of frontage if additional parcel added). The 3 parcels zoning includes 0.447 acres and 0.777 +/- acres of C-2, 4.365 +/- acres of C-1 and 1.50 +/- acres of R-3. This high and dry property is conveniently located just North of Interstate 10 at Exit 13 and South of Hwy 90 being only 10 blocks South of The University of West Florida and 8 Blocks North of West Florida Hospital. This parcel is located in a strong commercial retail corridor that includes a Target & Publix retail development, a Simon's University Towne Center that includes Sears, JC Penny, Toys 'R Us, Academy Sports and Burlington Coat Factory. The property is also near both one of the area?s largest health care facilities, West Florida Hospital and Baptist Medical Park. The University of West Florida is a growing campus that will begin their NCAA football team this fall and has just opened a retail strip center with plans for a Hotel and Convention center. The property has 2 homes with rental income potential of $2300 per month. There are two structures rentable as is and 2 additional buildings on property, one of which could be renovated to add an additional $600 in rental income. Pays for itself until developed! The large 2600 sq. ft. 5 bedroom 3 full bath home built in 1925 has been updated in the last 2 years. ? 27 new windows ? 4 new doors ? New architectural shingled roof ? New paint ? New landscaping ? New 220 ft. concrete driveway ? Brick patio with small pond/fountain The guest home is 1000 sq. ft. Property has private setting, 1000 sq. ft. storage building, mature trees and plants, gated property & entrance, new well, & fruit trees.
Square Footage: 4,517
Last Updated: November 10, 2016
Posted: March 6, 2016