612 S 1st St, Pensacola, FL 32507

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.

This listing consist of 34 Parcels as follows:

1 512S306040004024 600 Blk South Navy Boulevard

2 512S306040003024 600 Blk South Navy Boulevard

3 512S307062081041 600 South Navy Boulevard

4 512S307062080041 5 Interbay Avenue

5 512S307062070041 601 South 1st Street

6 512S307062060041 603 1st Street

7 512S307062006040 602 South 1st Street

8 512S307062007040 604 South 1st Street

9 512S307062008040 606 South 1st Street

10 512S307062009040 608 South 1st Street

11 512S307062004040 601 South 2nd Street

12 512S307062003040 603 South 2nd Street

13 512S307062001040 605 South 2nd Street

14 512S306046000018 612 South 1st Street 18

15 512S306046000017 612 South 1st Street 17

16 512S306046000013 600 Blk South 1st Street

17 512S306046000012 600 Blk South 1st Street

18 512S306046000011 600 Blk South 1st Street

19 512S306046000010 600 Blk South 1st Street

20 512S306046000009 600 Blk South 1st Street

21 512S306046000006 600 Blk South 1st Street

22 512S306046000005 600 Blk South 1st Street

23 512S306046000004 600 Blk South 1st Street

24 512S306046000003 600 Blk South 1st Street

25 512S306046000002 600 Blk South 1st Street

26 512S306046000001 600 Blk South 1st Street

27 512S306046000038 600 Blk South 1st Street

28 512S306046000040 600 Blk South 1st Street

29 512S306046000041 600 Blk South 1st Street

30 512S306046000042 600 Blk South 1st Street

31 512S307062004039 604 South 2nd Street

32 512S307062003039 600 South 2nd Street

33 512S307062002039 200 Blk Interbay Avenue

34 512S306040003023 Palomar Drive

ANNE’S BAYOU IS INCLUDED IN THE OFFERING.

Please contact JP Birdwell at 850.208.1686 with any questions, to receive an executive summary of the development and/or access to due diligence documents.