5870 Red Cedar St Pensacola, FL 32507
Southwest Pensacola NeighborhoodEstimated payment $3,069/month
Highlights
- Deeded Waterfront Access Rights
- Intracoastal View
- Waterfront
- Private Dock
- Gated Community
- Cul-De-Sac
About This Lot
Best ICW front value in the area! This deep water southern exposure Intercoastal front lot on a cul-de-sac with a white sand beach is located behind the gates of Innerarity Island, and is ready for your waterfront oasis. Just minutes by boat to Alabama Pass, the Gulf of Mexico, and great restaurants and bars (FloraBama, Pirate's Cove, Hub Stacy's...). The opportunity to acquire this caliber of property has become scarce. Per neighborhood covenants- the home building setback from the water can be in-line with existing neighboring homes. Buyer to verify all information during due diligence.
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,575
Lot Details
- 0.3 Acre Lot
- Lot Dimensions are 90 x 144
- Waterfront
- Cul-De-Sac
HOA Fees
- $10 Monthly HOA Fees
Property Views
- Intracoastal Views
Schools
- Not Baldwin County Elementary And Middle School
Listing and Financial Details
- Assessor Parcel Number 153S322001007005
Community Details
Recreation
- Deeded Waterfront Access Rights
- Private Dock
Additional Features
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,722 | $300,000 | $300,000 | -- |
| 2023 | $3,722 | $220,000 | $0 | $0 |
| 2022 | $3,071 | $200,000 | $200,000 | $0 |
| 2021 | $3,220 | $200,000 | $0 | $0 |
| 2020 | $2,681 | $200,000 | $0 | $0 |
| 2019 | $2,511 | $175,000 | $0 | $0 |
| 2018 | $2,560 | $175,000 | $0 | $0 |
| 2017 | $2,614 | $175,000 | $0 | $0 |
| 2016 | $2,657 | $175,000 | $0 | $0 |
| 2015 | $2,695 | $175,000 | $0 | $0 |
| 2014 | $2,730 | $175,000 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/27/2025 03/27/25 | Price Changed | $515,000 | +8.4% | -- |
| 11/23/2024 11/23/24 | For Sale | $475,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $229,900 | -- |
Source: Baldwin REALTORS®
MLS Number: 367374
APN: 15-3S-32-2001-007-005
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