$199,700

202 N G St, Pensacola, FL 32502

Land
Built in ——
7,479sqft lot
—— car garage
$——/sqft
Listed 1 month ago

Property Description

Prime Development Opportunity – Large Corner Lot in Downtown Pensacola! Rare opportunity to acquire a large corner lot in the heart of Pensacola with confirmed development potential. The City has verified that this property may be subdivided into two parcels, allowing for the construction of two single-family homes or single-family homes with ADUs, subject to applicable CRA design guidelines. The existing structure is being conveyed at no value; listing is for land value only, making this an ideal opportunity for redevelopment. Corner lot configuration provides excellent flexibility for layout, access, and design. Located in an established urban area with strong demand for new construction, this property offers a rare chance to build in a central location with multiple development paths. Zoned R2: Residential/office. Buyer to perform due diligence to confirm zoning, CRA requirements, subdivision process, and development standards

Listing Status:: Active
Date Added:: January 19, 2026
Data Last Updated:: March 6, 2026 at 1:09AM
Listing Office:: Palm Island Realty Group, LLC : 850-807-4122
Listing Agent:: Jennifer Amberg : 850-400-0064
MLS ID:: 676314

Road/Access: City Street
Originating MLS: Pensacola MLS
County: Escambia - Fl

Zoning: 000S009080016024
Current Use: Residential

Utilities: Electricity Connected
Water: Public
Sewer: Public Sewer

Source: Pensacola MLS

This listing courtesy of Jennifer Amberg , Palm Island Realty Group, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Global Learning Academy

100 N P St, Pensacola, FL, 32505

Grades PK-5

0.64 miles away

Lakeview Special Education

1201 W Lakeview Ave, Pensacola, FL, 32501

Grades KG-12

1.19 miles away

Pensacola High School

500 W Maxwell St, Pensacola, FL, 32501

Grades 9-12

1.48 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.