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$139,000

1203 W Cervantes, Pensacola FL, 32503

Price per sqft$16.60
Lot size0.19 Acres
Property typeLand

Overview

Active

Listed Jul 27, 2026

Updated Jul 28

Prime Commercial Development Opportunity | 1203 W. Cervantes Street | Pensacola, FL Position your next commercial investment at one of Pensacola’s most visible and highly traveled corridors. Located at 1203 W. Cervantes Street, this approximately 0.19-acre C-1 Commercial parcel offers exceptional frontage, outstanding accessibility, and significant redevelopment potential in an area experiencing continued public and private investment. Unlike many vacant commercial sites, the property features an existing paved parking surface and established access points, offering potential cost savings and a faster path toward redevelopment. An outstanding feature of this property is its configuration and frontage, which may lend itself to redevelopment as two separate commercial lots, subject to buyer verification with the City of Pensacola regarding subdivision, zoning, and development requirements. This creates added flexibility for investors, developers, or owner-users seeking multiple income opportunities or phased development. Strategically positioned just minutes from Downtown Pensacola, Interstate 110, Baptist Hospital, and major retail and business districts, the site benefits from excellent visibility and exposure to both local and commuter traffic. Ideal for a variety of commercial uses, including: ? Professional or medical offices ? Boutique retail ? Restaurant or café ? Coffee shop or drive-thru concept ? Financial or insurance services ? Mixed commercial development ? Build-to-suit investment opportunities Whether you’re expanding your portfolio, developing for resale, or constructing your own business location, 1203 W. Cervantes Street offers a rare opportunity to secure a highly visible commercial site with flexible redevelopment potential in one of Pensacola’s most active growth corridors. Buyer to verify all zoning, subdivision, and intended use requirements with the appropriate governmental authorities.

Additional information

MLS® ID
686534

Exterior Features

Lot Size
0.19 Acres

 

Courtesy of Coldwell Banker Realty, Camillia Chambers Griffin,
Listing Contact: OFC: 850-432-5300 

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Last updated 7/28/2026 3:04 AM UTC

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