14598 Perdido Key Dr, Pensacola, FL 32507

$85,000

Add to Favorites New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Add to Favorites

List Price: $85,000
Listing Price: $85,000
Days on Market: 14
MLS#: 2026041575
County: Escambia
Region: OA01 - Out of Area
Development: Acreage
Status: ACTIVE
Subdivision: Acreage
Lot Type: Unimproved Land
Land Area sqft: 37,461
County: Escambia
Region: OA01 - Out of Area

New Search

Property Description

This is NOT the sale of the entire property or an individual 0.86-acre lot. The property was formerly a 12-unit condominium. The condominium building was demolished, and what is being sold is a 1/12 ownership interest in the former condominium property/common land. The previous listing agents described it as a 1/12 interest in an approximately 200' x 200' commercially zoned property. The buyer is purchasing the ownership interest/share, not the entire underlying land. Important points that must be disclosed in the listing: Sale is for a 1/12 ownership interest only. Buyer is not purchasing the entire property. Former 12-unit condominium; the building has been demolished. The ownership interest is associated with the former condominium property. Previous listings state there is currently no active HOA and no HOA fees being charged. According to the previous listing information, a buyer would need permission from the other 11 ownership interests to build. Buyer must perform their own due diligence regarding title, development rights, zoning, condominium documents, and the rights associated with the 1/12 interest. This is a unique investment opportunity because the underlying property as a whole is a significantly higher-value asset, but we need to be very careful that the marketing does not imply that the buyer is acquiring the entire parcel.

(239) 776-6872

Search All Properties

Additional Information

Usage: Single Family
Road: Paved
Water: None
Sewer: None
Waterfront Description: None
Boat Access: None
View: None/Other
Irrigation: None
Lot Description: Oversize
Lot Frontage: 200
Total Tax Bill: $341
Tax Year: 2025