2907 E Lee St, Pensacola, FL 32503

Property Description

Prime 125' x 140' (±17,500 SF) infill development site located in East Pensacola Heights, one of Pensacola’s strongest residential submarkets. The property is zoned R-1AA Medium Density Residential, allowing for the potential development of up to three (3) single-family residences, each with the ability to include an Accessory Dwelling Unit (ADU), subject to city subdivision approval. Dividing the site to accommodate two (2) single-family residences with ADUs would only require survey work to split the property provided each sites meets minimum city land development code requirements. Rear alley access provides a meaningful advantage for garage placement, parking circulation, and separate ADU access—reducing curb cuts and enhancing streetscape appeal. An existing water and sewer connection is in place from prior use, providing savings and added convenience for future development. The property is conveniently located near shopping, dining, medical facilities, Pensacola International Airport, Historic Downtown Pensacola, and world-class beaches, supporting strong end-user and rental demand. Also, a great location for children as the property is 2 blocks to East Pensacola Heights Lions Park and 4 blocks to highly rated A.K. Suter Elementary. This is a prime Pensacola location suitable for one or more single-family homes or townhomes, offering strong appeal for builders, investors, or end users seeking infill development in a high-demand area.