**INVESTORS & BUILDERS—DOWNTOWN DEVELOPMENT OPPORTUNITY!** Located at 312 S L St, approximately one mile west of Downtown Pensacola, this 1943 home sits in an area experiencing continued new construction and redevelopment. The property measures approximately **90′ x 150’**, offering the potential for **three 30′ x 150′ homesites**, subject to applicable zoning, subdivision and development requirements. The dimensions present an attractive opportunity to explore cottage or shotgun-style new construction with front driveway access and backyard space. Demolition of the existing home has been estimated at approximately **$10,000**. The existing home also offers renovation or rental potential. Buyer/developer to independently verify dimensions, zoning, subdivision, buildability, setbacks, parking, utilities and demolition costs.
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 688012
Price : $297,000
Bedrooms : 4
Bathrooms : 1
Square Footage : 1,305 Sqft
Year Built : 1943
Lot Area : 13,499.20 Sqft
Bathrooms Total : 1
Building Area : 1,305 Sqft
Status : Active
Property SubType : Single Family Residence
Features
Heating System : Central
Cooling System : Central Air, Ceiling Fan(s)
Appliances : Electric Water Heater, Energy Star Qualified Water Heater
Electric : Circuit Breakers, Copper Wiring
Flooring : Wood
Interior Features : Ceiling Fan(s), High Speed Internet