14598 Perdido Key DR, Pensacola, FL 32507
14598 Perdido Key DR, Pensacola, FL 32507
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$85,000
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0.86 Acres Lot
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14598 Perdido Key DR Pensacola, FL 32507

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Suzanne Bertha

Suzanne Bertha

+1(973) 886-6438

UPDATED:

Key Details

Property Type Other Types

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Acreage

MLS Listing ID 2026041575

HOA Y/N No

Annual Tax Amount $341

Tax Year 2025

Lot Size 0.860 Acres

Acres 0.86

Property Sub-Type Unimproved Land

Source Florida Gulf Coast

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.

Location

State FL

County Escambia

Area Oa01 - Out Of Area

Direction From Sorrento Road (SR 292), head south toward Perdido Key and cross the Theo Baars Bridge. Continue on Perdido Key Drive (SR 292) for approximately 1.4 miles past the bridge. Continue straight past the surrounding Perdido Key businesses and condominiums. 14598 Perdido Key Drive will be on the right side of the road.

Exterior

Community Features Non-Gated

Utilities Available Electricity Available

Waterfront Description None

View Y/N No

View None/Other

Present Use Single Family

Street Surface Paved

Private Pool No

Building

Lot Description Oversize

Faces From Sorrento Road (SR 292), head south toward Perdido Key and cross the Theo Baars Bridge. Continue on Perdido Key Drive (SR 292) for approximately 1.4 miles past the bridge. Continue straight past the surrounding Perdido Key businesses and condominiums. 14598 Perdido Key Drive will be on the right side of the road.

Sewer None

Water None

Others

HOA Fee Include None

Tax ID 14-3S-32-1029-000-010

Acceptable Financing Buyer Finance/Cash

Listing Terms Buyer Finance/Cash

Listed by Keller Williams Island Life RE • Sean Seward

NEARBY SCHOOL & BUSINESS

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Suzanne Bertha

Suzanne Bertha

Agent

+1(973) 886-6438

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14598 Perdido Key DR