πŸ”₯ Off-Market- .26 acre C3 Commercial Vacant Land πŸ”₯

$85,000 β€’
Offer Submission Deadline
  • Land
  • 11326

Description

πŸ”₯ Off-Market- .26 acre C3 Commercial Vacant Land πŸ”₯

🏠 For Sale Assignment of Contract OpportunityπŸ”₯


****DO NOT DISTURB TENANT****

There is a Food Truck tenant on property that will be moving soon, do not walk the property and or don't disturb tenant unless authorized.


🏑 Property: 1900 W Cervantes St, Pensacola, FL 32501

πŸ“… Closing: 5/30/2025 ( or earlier )

πŸ’Ž ARV: $ (depending on Exit )


Property Details:

- Vacant Lot high traffic street

- Lot: 11,326 Sq Ft 0.26 acre

- Sewer: Public / Water: Public

-Zoning : (C-3) (Heavy Commercial)

The C-3 zoning district in Pensacola permits a wide range of commercial uses, including:​


- Retail stores and shopping centers

- Restaurants and bars

- Offices and professional services

- Automotive sales and services

- Warehousing and light manufacturing​


This zoning flexibility enhances the property's development potential and, consequently, its market value.​


Terms:

πŸ“‘ -This is an Assignment of contract, Principals buyers only

πŸ’΅ - Cash, hard money, private and asset lending buyers only

🚫 - No Marketing , advertising, or wholesaling without advance permission. No daisy chain deals, Principals only 🚫

πŸ’°- EMD (5k Earnest Money Deposit due 24 hours to seller’s title company)

🏦 - Proof of Funds required before offer acceptance

πŸ”Ž- Inspections are done prior to the accepted offer and assignment of the contract.

πŸ”₯ Sight unseen offers are always prioritized

🚫- No Inspection, Financing or Contingencies except the ability of seller to convey clear title.

πŸ“ - Must use EHREI Contract & closing company provided and must close with the seller title company.

- Realtors - No Commission offered. If your going to add commission on top buyers offer it must be disclosed prior.

Disclosure:

This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. Any Property information received by you is proprietary information belonging to Emerald Harbor Real Estate Investments also known as EHREI. and its affiliates. All Properties are currently under Contract to EHREI. Any transaction consummated by you will be pursuant to an assignment of EHREI Contract. Any unauthorized contact will be considered intentional interference with a Contract and may result in legal action being taken. Buyers are to perform their due diligence prior to contract. Buyers are responsible for the clean out of the properties unless otherwise agreed upon in writing.

Estimated Spread

  • ARV $100,000
  • Price $85,000
  • Spread $15,000

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