175 Acres-Escambia Bay

Pensacola is located on Florida’s Gulf Coast near the Florida/Alabama state line. The Pensacola market has experienced explosive growth in recent years due to the high population growth and strong median income. The strong economy and tourism has fueled the housing and retail demand in Pensacola over recent years. The government has a substantial presence in the metro, with more than 23,000 military and civilian personnel employed at NAS Pensacola, located just miles from the site. The property is in close proximity to the core retail trade area, the airport, hospital, University of West Florida, NAS Pensacola, Whiting Field Naval Base, and the beautiful tourist beach destinations such as Perdido Key, Pensacola Beach, Gulf Breeze, and Navarre Beach.Prime waterfront 175 acre development site available in Avalon, Florida. The site is zoned RR-1 and is well suited for a developer to subdivide the property and sell individual lots or single-family homes. The property consists of three adjoining parcels on the south side of Interstate 10. The site is located near the booming Pensacola MSA and is the ideal location for residential development. The Pensacola market has experienced explosive growth and development in recent years. Navy Federal Credit Union recently announced expansion plans to double its workforce by 2020, which will bring their employment total to more than 10,000.