House for Sale
$315,000
4 bd · 4 ba · 2,400 sqft
Pensacola, FL 32506 · MLS# 683500 · Active · None
Exceptional 1.22-acre HDMU (High-Density Mixed-Use) development opportunity in a high-growth Pensacola location. With flexible zoning and ample acreage, this property offers tremendous potential for residential, commercial, or mixed-use redevelopment. Positioned just minutes from Downtown Pensacola, NAS Pensacola, and I-10, the site provides excellent accessibility and strong future growth prospects. Existing improvements, including two mobile homes, a home, and a large storage building, may provide interim income while planning future development. Opportunities like this are increasingly rare—ideal for investors and developers looking to capitalize on Pensacola's continued growth and demand.
School assignments are provided by the listing and should be independently verified.
Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.
5304 Lillian Hwy, Pensacola, FL 32506 · See all Pensacola homes for sale
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5304 Lillian Hwy is a single family home for sale in Pensacola, FL 32506. This property was listed for sale on May 31, 2026 by LPT Realty, it's currently listed at $251,409. This listing's school district is Escambia - Fl Public Schools. Nearby schools include Myrtle Grove, WARRINGTON and Escambia. 5304 Lillian Hwy is a 6-bed, 3-bath, 4,753 sqft single family home built in 1920.