5661 Galvez Rd, Pensacola, FL 32507
Gulf Beach Heights · Escambia - Fl County
Key Facts
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!
Property Information
Property Type
Land
Lot Size
1.31 acres
Lot Dimensions
250X250
Days on Market
198
MLS® Listing#
669552
Property Features
Lot Features
Community
Utilities
Water Source
Schools
- Elementary:
- Hellen Caro
- Middle:
- BAILEY
- High:
- Escambia
Financial Details
Parcel Number
143S325000110002
Directions
Heading West on Innerarity Point Road, Go past the Fire Station, Turn Right on to Galvez Rd, Property Located On The Left, On Both The Corner Of Galvez and Innerarity Point.
Affordability Calculator
$270,000
Estimated monthly payment
$7,185/mo
Principal $1,080,000 · Est. interest $1,506,696 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Pensacola, FL
- $348,168
- Median Listing Price
- 73
- Median Days on Market
- 1,611
- Median Sq Ft
- $201
- Median Price / Sq Ft
- 1,630
- Active Listings
- This home’s price is 288% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Pensacola, FL.
Location
Points of Interest in Pensacola, FL
Showing the Pensacola area map.
Nearby Schools
Hellen Caro Elementary School
Elementary · 2.9 mi away
Jim C. Bailey Middle School
Secondary · 3.1 mi away
Carden Christian Academy
School · 3.9 mi away
Shepherd of the Bay Lutheran Church, LCMS, Lillian, Alabama
School · 6.7 mi away
Pleasant Grove Elementary School
Elementary · 6.7 mi away
Blue Angels Elementary School
Elementary · 6.9 mi away
Orange Beach Elementary School
Elementary · 7.0 mi away
Navy Point Elementary School
Elementary · 10.4 mi away
Ob Conservatory of Fine Arts
School · 10.6 mi away
Orange Beach Middle & High School
Secondary · 10.6 mi away
Elberta Elementary School
Elementary · 10.8 mi away
Judy Andrews Second Chance Center
School · 10.9 mi away
Escambia Boys' Base
Secondary · 10.9 mi away
Warrington Elementary School
Elementary · 11.1 mi away
Redeemer Lutheran School
Elementary · 11.1 mi away
Little Flower Catholic Church
School · 11.2 mi away
Myrtle Grove Elementary School
Elementary · 11.4 mi away
Escambia High School
Secondary · 11.4 mi away
St Benedict School
School · 11.5 mi away
Good Shepherd Lutheran School
School · 11.7 mi away
Commute Calculator
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Moving Cost Estimate
EXIT Agents in Pensacola
Listing Courtesy: Levin Rinke Realty - sadie@lostkeygroup.com