$245,000 - W Wright St, Pensacola

Positioned just moments from the energy of downtown yet comfortably outside the flood zone, this oversized corner parcel presents a compelling opportunity for visionaries and investors alike. Rarely does a homesite of this scale and flexibility become available in such a sought-after setting. Set within the established West King Tract, the lot’s generous footprint and prominent corner placement create endless possibilities. Whether you envision a custom-built residence with generous outdoor living, a thoughtfully planned multi-generational retreat, or a strategic long-term investment, the canvas is ready. The current R-1B zoning allows for a primary home with the option to add a carriage house, opening the door to rental income, guest accommodations or future resale advantages. There is also potential to subdivide, offering additional flexibility for those seeking to maximize value, with all plans subject to buyer verification. Proximity to downtown places dining, entertainment, shopping and cultural attractions just minutes away, while the corner orientation enhances privacy, light and architectural presence. The result is a unique balance of accessibility and breathing room — space to design boldly without sacrificing convenience. For those seeking location, scale and versatility in one offering, this exceptional lot stands ready to support a vision as ambitious as you are.