Come build your dream home on this gorgeous, very private WATERFRONT lot off of Innerarity Point Rd. With over half an acre and 90 feet of waterfront footage, you'll have plenty of room to store all your toys with no HOA restrictions. New 120 feet Thru Flow dock and boat lift in place! Also note the rip rap for additional protection. This lot is zoned for Medium Residential Use, so more than one structure can be built, making for the perfect setup for a separate in-law structure or airbnb. There are two storage buildings on the property as well. One is brand new 20'x12'(new) and 18'x10'. This lot is conveniently located just 2 miles from beautiful Perdido Key and beaches, and is walkable to the world famous Hub Stacy's! Enjoy the new waterfront neighborhood park as well as many dining options nearby. See our video tours on the MLS and YouTube.
Sold for $450,000
$450,000
5509 Galvez Rd, Pensacola, FL 32507
--beds
--baths
0.6Acres
Unimproved Land
Built in ----
0.6 Acres Lot
$-- Zestimate®
$--/sqft
$2,751 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,751/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: March 04, 2026 at 07:41pm
Listed by:
Travis Talley 850-916-5800,
KELLER WILLIAMS REALTY GULF COAST
Bought with:
Risa Luffy
Florida Shores Real Estate
Source: PAR,MLS#: 632130
Facts & features
Interior
Features
- Has basement: No
Property
Parking
- Parking features: RV/Boat Parking
Features
- Exterior features: Boat Slip, Dock With Utilities
- Has view: Yes
- View description: Bay, Water
- Has water view: Yes
- Water view: Bay, Water
- Waterfront features: Bay, Waterfront, Rip Rap
- Frontage length: Water Frontage(78)
Lot
- Size: 0.60 Acres
- Features: Cleared
- Topography: Level
Details
- Parcel number: 143s321000012003
- Zoning description: Res Multi,Res Single
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer, Septic Tank
- Water: Public
- Utilities for property: Natural Gas Connected, Electricity Connected, Gas
Community & neighborhood
Location
- Region: Pensacola
- Subdivision: None
Other
Other facts
- Price range: $450K - $450K
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 3/11/2026 | Listing removed | $539,000 |
Source:  PAR #660616 Report a problem | ||
| 2/2/2026 | Price change | $539,000-1.8% |
Source: PAR #660616 Report a problem | ||
| 3/12/2025 | Listed for sale | $549,000+22% |
Source: PAR #660616 Report a problem | ||
| 10/10/2023 | Sold | $450,000-5.3% |
Source: PAR #632130 Report a problem | ||
| 10/5/2023 | Pending sale | $475,000 |
Source: PAR #632130 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2014 | $647 -75.4% | $170,678 +2.4% |
| 2013 | $2,628 -1.3% | $166,654 |
| 2012 | $2,661 -2.4% | $166,654 -2.3% |
Find assessor info on the county website
Neighborhood: 32507
Nearby schools
GreatSchools rating
- 7/10Hellen Caro Elementary SchoolGrades: PK-5Distance: 2.7 mi
- 5/10Jim C. Bailey Middle SchoolGrades: 6-8Distance: 2.9 mi
- 2/10Escambia High SchoolGrades: 9-12Distance: 11.3 mi
Schools provided by the listing agent
- Elementary: Hellen Caro
- Middle: BAILEY
- High: Escambia
Source: PAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Florida
- Escambia County
- Pensacola
- 32507
- 5509 Galvez Rd