16296 Perdido Key Dr, Pensacola, FL 32507

Perdido Key Land Residential Development Opportunity at 16296 Perdido Key Drive, Perdido Key, FL 32507 presents a rare chance to acquire ±1.98 acres of prime coastal land in one of Northwest Florida’s most desirable beach communities. Zoned MU-PK and totaling approximately 86,248.8 SF, this site offers strong potential for multi-residential development, with a stated use of 2–9 units, subject to buyer verification with local authorities snd survey. Positioned near the Gulf of Mexico and the intracoastal/Old River area, the property is surrounded by the lifestyle drivers that make Perdido Key so appealing: pristine beaches, luxury resorts, vacation rentals, fresh seafood dining, golf, and protected natural beauty. The site is just minutes from Perdido Key State Park and Lost Key Golf & Beach Club, with convenient regional access via Pensacola International Airport. With nearly 60% of Perdido Key preserved in federal or state parks, developable land here is increasingly limited. This offering combines location, scale, and redevelopment upside in a high-demand coastal market, making it an exceptional opportunity for investors and developers seeking to create a standout residential project in a premier waterfront destination.