5661 Galvez Road, Pensacola, FL 32507

Property Description

Unlock an exceptional investment opportunity in one of Perdido Key’s fastest-growing corridors. This 1.3-acre property offers an unparalleled mix of visibility, access, and flexibility, with 250 feet of frontage each on Innerarity Point Road, Galvez Road, and Cruzat Way. Zoned HDMU, it is primed for both residential and commercial development, creating multiple income streams from a single site. Originally platted into 10 residential lots, the property is ideal for boutique townhomes, upscale vacation rentals, or a mixed-use destination that combines ground-floor retail with high-demand upper-floor Airbnb units. Imagine the rental income from a thoughtfully designed complex featuring a coffee shop, boutique retail, or wellness studio below, paired with luxury short-term or long-term rentals above—perfectly positioned to capture year-round tourism and steady local demand. The location is unbeatable: across from the popular Hub Stacey’s, next to picturesque Innerarity Point Park, and steps from Galvez Landing for boating, fishing, and waterfront recreation. Residents and visitors alike will appreciate the ability to walk to restaurants, entertainment, and essential services. The neighborhood’s momentum is undeniable, with several new residential communities and a modern apartment complex recently completed, increasing foot traffic and creating a ready-made customer base. The combination of tourism growth, a booming residential population, and the area’s coastal charm makes this a rare chance to secure a high-performing asset in a market poised for continued appreciation. Whether your goal is steady cash flow, long-term equity growth, or both, this prime location offers the versatility and demand drivers that investors seek. Act now to claim your place in Perdido Key’s dynamic future. NO BEACH MOUSE PERMIT NEEDED! Buyer to verify all information during due diligence.

Listing Status:

Active

Listing Office:

Levin Rinke Realty : 850-916-5050

Listing Agent:

Sadie O'Gara : 850-619-2732

MLS ID:

384011

Location

• Road/Access: County Road
• Golf: FishingGazeboPlayground
• Originating MLS: Baldwin County
• County: EscambiaFL

Lot

• Zoning: LTS 8-12 AND LTS 40-44 BLK 2 GULF BEACH HEIGHTS PLAT DB 94/96 P 623/427 OR 6335 P 1124 OR 7934 P 147143S325000110002
• View: Direct ICW-Across RdIndirect ICW-Across RdView

Utilities

• Water: Public

Financial

• Source: Baldwin County
• Ownership: Whole/Full

This listing courtesy of Sadie O'Gara, Levin Rinke Realty