$1,950,000

This property, spanning approximately 11.0618 acres, is zoned HDMU, 25 units per acrea, according to the Escambia County Property Appraiser website, making it suitable for development into apartments, condos, or townhouses. The site features 1.27 acres of wetlands, much of which comprises a lake along the southern boundary, providing natural buffers along with the wetlands on the western boundary.Key features of the property include:458 feet of frontage along Jernigan Road30 feet of frontage along Jo Jo RoadProximity to various amenities and landmarks, including:Approximately 2 miles from the University of West Florida (UWF)Close to Target Shopping Center, Publix, Walmart, and the Baptist Health Care Center on 9 Mile RoadNear West Florida Hospital on University ParkwayAbout 2 miles from Ellyson Clean Air Industrial Park and the University Mall areaThis prime location and natural surroundings make it an attractive site for residential development. This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract, such as a purchase and sale agreement or a contract for deed. In this situation, the seller does not have legal title to the property, but the equitable interest gives seller the right to acquire legal title. Buyer to verify all information during due diligence.