Two Adjoining Residential Infill Lots Near Downtown Pensacola

Investment Overview

Located along W. La Rua Street in historic Old East Hill area of Pensacola, these two adjoining vacant residential parcels offer a flexible opportunity for residential infill development in an established central Pensacola location. Each parcel is approximately 0.074 acres and measures 30’ x 107.5’, for a combined site measuring approximately 60’ x 107.5’. The surrounding area is primarily residential, with a mix of historic homes, established neighborhoods, and convenient proximity to downtown Pensacola, the Belmont-DeVilliers district, neighborhood parks, and key transportation corridors including Pace Boulevard, Garden Street, and I-110. The site’s location provides easy access to shopping, dining, groceries, waterfront amenities, and the broader Pensacola market. W La Rua St in Pensacola, FL, is a historic east-west street primarily located in the North Hill Preservation District and Old East Hill/East Hill neighborhoods. In addition to the established historic homes surrounding the property there is an influx of newly built and under construction residential. The historic North Hill Preservation District and Old East Hill are noted for a pleasant blend of residential, historic homes, and professional offices.

Investment Highlights

• Two contiguous residential parcels totaling an efficient redevelopment footprint
• Flat, cleared lots minimizing site prep and demolition needs
• Direct access to city utilities along W. La Rua Street
• Single potential curb cut simplifies traffic planning
• Short entitlement timeline due to vacant land status
• Adjacent parcels encourage cohesive design and parcel consolidation
• Ideal for investors targeting build-to-suit or speculative construction
• Proximity to municipal services supports quick development mobilization