612 s 1st st

SPINNAKER COVE | PREMIER WATERFRONT DEVELOPMENT OPPORTUNITY A master-planned, gated community spanning 7+ acres along Bayou Grande, Spinnaker Cove offers direct access to Pensacola Bay and front-row views of the iconic Blue Angels. Featuring lots with rights to 18+ community boat slips and the acquired Anne’s Bayou with proposed walking trails, this luxury enclave sits minutes from NAS Pensacola and White Island’s future sand replenishment project. Zoned for flexible mixed-use up to 120 feet heights, this opportunity is ideal for a blend of waterfront estates, luxury townhomes, high-density residential, and retail. Development potential includes condominiums, a rooftop restaurant, boutique hotel, co-working space, and a café. With the way paved to all zoning approvals, conditional use permits, and engineering studies, this investment opportunity is nearly turnkey-ready. Positioned within the Navy Boulevard revitalization corridor which encompasses millions of dollars, demand is bolstered by a strong “Emerald Coast” vacation rental market—making Spinnaker Cove a rare opportunity in what many are calling “The Hampton’s of the South” to shape Pensacola’s next landmark coastal community. Contact listing agent for executive summary and access to due diligence documents