7599 Scenic Highway

Pensacola, FL 32504

Listing ID: 316606
$1,600,000
For Sale
  • Property Type Land : Retail Pad Site
  • Lot Size Acres 2.700
  • Land Sq Ft 117,612
  • Land Price per Sq Ft $13.60
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Property Highlights
• Scenic Hwy. Development Opportunity
• Exceptional 2.7-Acre Waterfront Property Overlooking Escambia Bay
• Perfect for Hotel, QSR, or Commercial Development Project
• Assemblage Opportunity with Adjoining Commercial Property
• Just off of I-10 which serves 68,000 CPD
• 400' of Frontage on Scenic Hwy
• Overlooking Escambia Bay, positioned on Florida's tallest coastal bluffs.
Description

This incredible commercial parcel, overlooking picturesque Escambia Bay, offers unparalleled potential for a hotel, quick-service restaurant (QSR), or commercial development. Situated in the vibrant resort destination city of Pensacola, FL, this property benefits from both stunning waterfront views and a strategic location.

The owner originally planned on developing a four-story Hampton Inn on the property, showcasing its immense potential, but shifting circumstances have now created an incredible opportunity for a new buyer to bring their own vision to life. Pensacola continues to thrive as a travel hub, with a record-breaking 2.65 million passengers visiting Pensacola International Airport in 2024. Additionally, the property is conveniently located just off Interstate 10, which sees a robust 68,000 vehicles per day, ensuring excellent visibility and accessibility.

Whether you're envisioning a hospitality venue, dining establishment, or a premier commercial project, this site combines natural beauty, a prime location, and high-traffic exposure—making it a standout investment opportunity.

Assemblage potential – the adjoining vacant land is listed for sale. This assemblage opportunity would form a 3.55 acre +/- waterfront tract with access on Escambia Bay. Please ask for more information. Residents and visitors alike enjoy panoramic vistas of Escambia Bay from these prominent bluffs, the tallest along Florida's coastline.

In 1559, Don Tristan DeLuna’s fleet explored this coastline, and one of his ships remains sunken in the bay—a nod to the region’s deep historical roots. In FY 2024, the airport welcomed a record-breaking 2.65 million passengers. A new terminal is under construction to support continued growth. The nearby I-10 bridge connects northern Florida to the Gulf Coast, accommodating an estimated 68,000 CPD (cars per day). This exceptional property offers not only breathtaking views but also significant potential for development or assemblage, making it an unparalleled investment opportunity along the Gulf Coast.

Attachments & Files
Listing Demographics

Information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population4,89528,82378,567
Population Median Age394039
Population by Age0-9 Yrs557 (11%)3613 (12%)8580 (10%)
10-19 Yrs573 (11%)2907 (10%)9343 (11%)
20-29 Yrs780 (15%)4214 (14%)15719 (20%)
30-39 Yrs584 (11%)4320 (14%)10150 (12%)
40-49 Yrs639 (13%)2438 (8%)6745 (8%)
50-59 Yrs670 (13%)3860 (13%)8940 (11%)
60-69 Yrs566 (11%)3625 (12%)8029 (10%)
70+ Yrs526 (10%)3847 (13%)11060 (14%)
Median HH Income$79,870$72,355$70,547
Total Household Income< 24K384 (17%)2049 (16%)5123 (16%)
25-49K403 (18%)2496 (20%)6254 (19%)
50-74K244 (10%)1879 (15%)5364 (16%)
75-99K451 (20%)2020 (16%)4903 (15%)
100-199K567 (25%)3196 (25%)7717 (24%)
200K+188 (8%)838 (6%)2254 (7%)
Highest Education LevelNo Diploma10912533319
Diploma or GED826497312044
Some College686438410926
Assoc. Degree46525405570
Bachelors Degree711429410828
Higher Degree62830588898
Total Housing Units2,35413,24633,997
--Owner-Occupied1,2867,67318,021
--Renter-Occupied9524,80613,594
Owner-Occupied Values< 100K954241413
100-199K43925295678
200-299K49830225611
300-399K1297962380
400-499K443661373
500K+815351566
Total Working Age Population3,97323,39865,594
In Work Force2,56414,72041,576
Not In Work Force1,4098,67824,017
Workforce Employed2,44613,86938,355
Workforce Unemployed906362,330
Civlian Workforce2,53714,50540,685
Military Workforce28215892
Total Households2,23812,47931,615
Family Households1,3557,64117,691
Non-Family Households8844,83813,924
Married Couple9725,01811,673
Other Family3832,6236,018
Married w/Child3421,5113,731
Single Male w/Child66323664
Single Female w/Child1891,1282,441

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Florida15,982,378+1818,801,310+1521,538,187+1424,471,129
Escambia County294,410+1297,619+8321,905+6342,441
Santa Rosa County117,743+29151,372+24188,000+19224,218

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Listing Location & Map Views