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14598 PERDIDO KEY DR #10 Pensacola, FL 32507
0.86 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Ocean Winds Condo
MLS Listing ID A4708293
HOA Y/N No
Annual Tax Amount $341
Lot Size 0.860 Acres
Acres 0.86
Lot Dimensions 200x201
Property Sub-Type Residential
Source Stellar MLS
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.
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
Community Ocean Winds Condo
Area 32507 - Pensacola
Zoning COM-PK
Exterior
Utilities Available Electricity Available
View Y/N No
Water Access No
Building
Lot Size Range 1/2 to less than 1
Sewer None
Water None
Others
Pets Allowed Yes
Ownership Fee Simple
Special Listing Condition None
© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Sean Seward, PA KELLER WILLIAMS ISLAND LIFE REAL ESTATE
NEARBY SCHOOLS
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