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$185,000
683442 MLS
Build your dream coastal retreat on this exceptional homesite in highly desirable Innerarity Point! Offering beautiful water views and endless possibilities, these two combined lots are being sold together, providing ample space to bring your vision to life. Whether you're planning a primary residence, vacation home, or investment property, this ready-to-build property offers the perfect setting to create something truly special. Enjoy the best of coastal living with convenient access to boating, fishing, beaches, and waterfront recreation. Located within walking distance of Galvez Landing Boat Launch, Innerarity Point Park, and Perdido Bay, boating enthusiasts will appreciate the easy access to the Intracoastal Waterway, Perdido Bay, and the Gulf of Mexico. Conveniently located just minutes from Johnson Beach, Perdido Key, Orange Beach, NAS Pensacola, Downtown Pensacola, shopping, dining, and entertainment, this location offers the perfect balance of tranquility and accessibility. For those seeking even more possibilities, these lots can also be purchased together with the adjacent home located at 5510 Bob O Link Road, creating a unique opportunity for additional privacy, expansion, guest accommodations, or a larger waterfront estate. Don't miss this rare opportunity to secure a prime piece of Innerarity Point and build the coastal lifestyle you've always imagined.

5520 Bob-O-Link Rd, Pensacola

Listing courtesy of Levin Rinke Realty.

$1,350,000
669552 MLS
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!

5661 Galvez Rd, Pensacola

Listing courtesy of Levin Rinke Realty.

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