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.
Listing Courtesy of: KELLER WILLIAMS ISLAND LIFE REAL ESTATE
941-254-6467
| Listing Id: | A4708293 |
|---|---|
| List Price: | $85,000 |
| Property Type: | Land |
| Property Sub Type: | Residential |
| Status: | Active |
| Tax Annual Amount: | $341 |
| Lot Size Square Feet: | 37,496 |
| Lot Size Acres: | 0.86 |
| Waterfront?: | No |
| City: | Pensacola |
| County Or Parish: | Escambia |
| Subdivision Name: | Ocean Winds Condo |
| Postal Code: | 32507 |
| Building Area Units: | Square Feet |
| Current Use: | Residential |
| Directions: | 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. |
| Listing Contract Date: | 2026-10-09 |
| Ownership: | Fee Simple |
| Living Area Units: | Square Feet |
| Lot Size Acres: | 0.86 |
| Lot Size Dimensions: | 200x201 |
| Postal Code Plus4: | 9519 |
| MLS Area Major: | 32507 - Pensacola |
| MLS Area Major: | 32507 - Pensacola |
| Original List Price: | $85,000 |
| Parcel Number: | 14-3S-32-1029-000-010 |
| Pets Allowed: | Yes |
| Township: | 03S |
| Road Surface Type: | Paved |
| Tax Year: | 2025 |
| Sewer: | None |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Utilities: | Electricity Available |
| Water Source: | None |
| Public Survey Range: | 32W |
| Public Survey Section: | 14 |
| Zoning: | COM-PK |
| Alternate Key Folio Num: | 143S321029000010 |
| Calculated List Price By Calcula: | 2.27 |
| Flood Zone Code: | X |
| For Lease Yn: | No |
| Listing Exclusion Yn: | No |
| Lot Size Square Meters: | 3483 |
| Price Per Acre: | 98837 |
| Road Frontage Ft: | 200 |
| Sdeo yn: | No |
| Total Acreage: | 1/2 to less than 1 |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | No |
| Association 2 Yn: | 0 |
| Attribution Contact: | 941-254-6467 |
| Originating System Name : | Stellar MLS |
| Designated Builder Yn: | No |
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Property Last Updated: October 13, 2026 03:14 AM - ET
