$55,700

928 W Michigan, Pensacola, FL 32505

Land
Built in ——
0.3acre lot
—— car garage
$——/sqft
Listed 2 months ago

Property Description

Unique Budget friendly land development opportunity. Zoned High Density Mixed Use (HDMU) the land development code allows flexibility of uses including multi-family up to 25 units per acre. Formerly a residential - office this one has the former water and sewer tap. She is high and dry at approximately 90 feet above sea level. At over .30 acres you can develop 7 small multi-family units on this corner site with ingress and egress from 2 county maintained roads. See the attached Muni-code land use documents with its list of allowable uses and densities. Priced at less than $15,000 per developable multi family unit. Wont last...

Listing Status:: Active
Date Added:: February 27, 2026
Data Last Updated:: May 22, 2026 at 5:06AM
Listing Office:: RE/MAX HORIZONS REALTY : 850-476-6000
Listing Agent:: Kenneth Payne : 850-858-3135
MLS ID:: 678382

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

Topography: High/DryLevel
Zoning: 441S301000002002
Current Use: CommercialOtherResidential

Utilities: Sewer Available
Water: Public
Sewer: Public Sewer

Source: Pensacola MLS

This listing courtesy of Kenneth Payne , RE/MAX HORIZONS REALTY

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
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