Prime Investment Opportunity – 121 Airport Blvd, Pensacola, FL 32503 Zoned Commercial Situated in a high-visibility location along Airport Boulevard, this .3951 acre parcel offers incredible potential for redevelopment or investment. The property includes a structure with little contributory value and will be sold strictly AS IS—making it ideal for buyers looking to build new, rezone, or repurpose the land. The home has little value, the value is in the lot. The home needs extensive work or teardown. With convenient access to major thoroughfares, retail centers, and just minutes from downtown Pensacola, this parcel is a rare find for those seeking location and opportunity at an affordable price point. It has 111' of Airport Blvd road frontage and the back side of the lot is on Memory lane this will allow you to come off Airport and potentially exit off Memory lane. The lot is 146" deep. Whether you're a developer, investor, or business owner with a vision, this property provides a blank canvas in a rapidly growing corridor. This could be an excellent strip center, Car wash or Laundry mat with ample parking space. Please note: No repairs or warranties will be made or provided. Buyer to verify all zoning, usage, and permitting requirements.
For sale
$275,000
121 Airport Blvd, Pensacola, FL 32503
4beds
1,857sqft
Est.:
Single Family Residence
Built in 1950
0.41 Acres Lot
$-- Zestimate®
$148/sqft
$-- HOA
What's special
- 1 day
- on Zillow |
- 255 |
- 7 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: August 06, 2025 at 12:41pm
Listed by:
Vinny Matassa 850-343-5720,
Conna O'Donovan Real Estate LLC
Source: PAR,MLS#: 668880

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Kitchen
- Level: First
- Area: 96
- Dimensions: 8 x 12
Living room
- Level: First
- Area: 225
- Dimensions: 15 x 15
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment
Appliances
- Included: Gas Water Heater, Microwave, Refrigerator
Features
- Flooring: Simulated Wood
- Has basement: No
Interior area
- Total structure area: 1,857
- Total interior livable area: 1,857 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport, Garage, Oversized
- Garage spaces: 1
- Carport spaces: 1
- Covered spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Pool features: None
- Fencing: Back Yard,Chain Link
Lot
- Size: 0.41 Acres
- Dimensions: 111 x 147
- Features: Central Access
Details
- Parcel number: 351s309002002008
- Zoning description: Commercial
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick, Frame
- Foundation: Off Grade
- Roof: Gable
Condition
- Resale
- New construction: No
- Year built: 1950
Utilities & green energy
- Electric: Circuit Breakers, Copper Wiring
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
- Services included: None
Location
- Region: Pensacola
Financial & listing details
- Price per square foot: $148/sqft
- Tax assessed value: $144,259
- Annual tax amount: $357
- Price range: $275K - $275K
- Date on market: 8/6/2025
- Road surface type: Paved
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