This is a high-demand submarket with active infill velocity and limited supply. Investors and builders are achieving strong post-construction margins on elevated coastal-style single-family homes within the Sanders Beach and Downtown corridor. Charming, tree-lined streets, Historic live oaks, walkable sidewalks, quiet community feel.Lifestyle-Driven Location – Steps to walkable waterfront, parks, and downtown. Zoning has potential for for 5 new construction SFR homes on a corner C-2 lot. Significant Highlights- The subject property is surrounded by a wave of upscale new construction homes,reflecting strong buyer demand and long-term investment confidence in the SandersBeach area. Prices range from modest new builds in the upper $300,000s to luxuryresidences in the $600,000–$800,000 range, with select properties surpassing themillion-dollar mark. This mix of thoughtful development and premium price points isfueling a visible transformation of the neighborhood The site includes the former Yacht House Bed-&-Breakfast (4,246 SF total) and a 1929bungalow (both buildings would require extensive renovations, if salvagable) , creating acanvas for adaptive-reuse or ground-up construction. With public waterfront park land twoblocks south, the Community Maritime Park, Bruce Beach and Downtown Pensacola fiveminutes away, the location captures both neighborhood charm and destination traffic.