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About This Home

This land at 5661 Galvez Rd in Pensacola, FL is listed for $1,350,000 (1.31 acres).

Agent Description

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!

Key Features

  • 1.31 acre lot

Amenities

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Location

5661 Galvez Rd

Pensacola, FL 32507

Gulf Beach Heights

Property Details

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Water

Questions & Answers

This 0-bedroom, 0-bathroom land at 5661 Galvez Rd is listed at $1,350,000. The estimated monthly payment is $5,850 based on 20% down at 6.5% interest.

Key features include: 1.31 acre lot.

This property is listed by Sadie O'gara and can be reached at (850) 916-5050 or sadie@lostkeygroup.com.

SO

Sadie O'gara

Agent at Levin Rinke Realty

(850) 916-5050

Listed by Levin Rinke Realty · View on Broker Site

MLS# 669552· Source: listhub· Updated 234 days ago

Copyright © 2026 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5661 Galvez Rd, Pensacola, FL 32507

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