This approximately 1.48-acre waterfront development site on the Intracoastal Waterway offers a rare opportunity across two contiguous parcels, featuring an existing seawall and remnants of a former 10-slip pier. The property is mostly cleared and zoned Commercial (COM) under Escambia County regulations, allowing a broad range of commercial and residential uses including restaurant, multifamily, hotel, townhomes, or condominium development. Under current COM zoning standards, residential development may allow up to approximately 25 dwelling units per acre, equating to +/- 37 units, subject to site plan approval and applicable development regulations. The surrounding area is comprised of established single-family homes and condominium communities, supporting strong residential and mixed-use demand in a suburban coastal setting. Utilities including electric, natural gas, water, and sewer are available, further enhancing development feasibility. Acreage is approximate.