612 South 1st Street , Pensacola, FL 32507, Pensacola, Florida, United States. - Hero Image
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Pensacola | Florida

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John Birdwell
John Birdwell
Presented At
$7,500,000
612 South 1st Street , Pensacola, FL 32507, Pensacola, Florida, United States. - Photo 1
612 South 1st Street , Pensacola, FL 32507, Pensacola, Florida, United States. - Photo 2
612 South 1st Street , Pensacola, FL 32507, Pensacola, Florida, United States. - Photo 3
612 South 1st Street , Pensacola, FL 32507, Pensacola, Florida, United States. - Photo 4
612 South 1st Street , Pensacola, FL 32507, Pensacola, Florida, United States. - Photo 5
612 South 1st Street , Pensacola, FL 32507, Pensacola, Florida, United States. - Photo 6
612 South 1st Street , Pensacola, FL 32507, Pensacola, Florida, United States. - Photo 7
612 South 1st Street , Pensacola, FL 32507, Pensacola, Florida, United States. - Photo 8
612 South 1st Street , Pensacola, FL 32507, Pensacola, Florida, United States. - Photo 9
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612 South 1st Street , Pensacola, FL 32507, Pensacola, Florida, United States. - Photo 11
612 South 1st Street , Pensacola, FL 32507, Pensacola, Florida, United States. - Photo 12
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612 South 1st Street , Pensacola, FL 32507, Pensacola, Florida, United States. , Pensacola , Florida

Premier Pensacola Waterfront Development Opportunity Zoned For Mixed Use

SELLER IS FLUSHING ASSETS, ALL OFFERS WELCOME. A master-planned, gated community spanning 7+ acres along Bayou Grande, Spinnaker Cove offers direct access to Pensacola Bay and front-row views of the iconic Blue Angels. Featuring access to 18+ community boat slips and the acquired Anne’s Bayou with proposed walking trails, this luxury enclave sits minutes from NAS Pensacola and White Island’s future sand replenishment project. Zoned for flexible mixed-use this opportunity is ideal for a blend of waterfront estates, luxury townhomes, high-density residential, and retail. Development potential includes condominiums, a rooftop restaurant, boutique hotel, co-working space, and a café. With all zoning approvals, conditional use permits, and engineering studies complete, this investment opportunity is turnkey-ready. Positioned within the Navy Boulevard revitalization corridor, demand is bolstered by a strong military and vacation rental market—making Spinnaker Cove a rare opportunity to shape Pensacola’s next landmark coastal community.

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Map showing 612 South 1st Street , Pensacola, FL 32507, Pensacola, Florida, United States.

Property Location

612 South 1st Street , Pensacola, FL 32507, Pensacola, Florida, United States., Pensacola Florida

Local Weather & Climate

Pensacola, Florida

Current Conditions Updated recently
68 °F
Broken clouds
Feels Like 68°F
Humidity 71%
Wind 10 mph
Visibility 6.2 mi
Sunrise 12:16 PM
Sunset 11:47 PM
5-Day Forecast
Sat 28 Feb
Clouds
High 68°
Low 68°
Sun 1 Mar
Clear
High 70°
Low 52°
Mon 2 Mar
Clouds
High 68°
Low 60°
Tue 3 Mar
Clear
High 68°
Low 62°
Wed 4 Mar
Clear
High 70°
Low 64°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Pensacola?

75
Walkability Index
Most Walkable
EPA National Walkability Index

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Data from EPA National Walkability Index

Mortgage Calculator

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Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621
Potential Tax Benefits (United States)
$0 Est. First Year Interest Deduction
$0 Est. Annual Tax Savings
*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
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  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
  • Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
  • Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Frequently Asked Questions

Common questions about this property

This property is listed at $750,000,000.
This is a land parcel located in Pensacola, Florida. The property is situated in an established neighborhood with convenient access to local amenities and services.
John Birdwell

John Birdwell

Scenic Sotheby's International Realty

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