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1203 W Cervantes, 
Pensacola, FL 32503

$139,000


—

Bed


—

Bath


-

Sq Ft


0.19

Acres (Lot)


Land

Active

Last updated:

October 18, 2026, 06:45 PM

MLS#

686534

Source:

FL PMLS

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About This Land

1203 W Cervantes

Prime Commercial Development Opportunity | 1203 W. Cervantes Street | Pensacola, FL Position your next commercial investment at one of Pensacola’s most visible and highly traveled corridors. Located at 1203 W. Cervantes Street, this approximately 0.19-acre C-1 Commercial parcel offers exceptional frontage, outstanding accessibility, and significant redevelopment potential in an area experiencing continued public and private investment. Unlike many vacant commercial sites, the property features an existing paved parking surface and established access points, offering potential cost savings and a faster path toward redevelopment. An outstanding feature of this property is its configuration and frontage, which may lend itself to redevelopment as two separate commercial lots, subject to buyer verification with the City of Pensacola regarding subdivision, zoning, and development requirements. This creates added flexibility for investors, developers, or owner-users seeking multiple income opportunities or phased development. Strategically positioned just minutes from Downtown Pensacola, Interstate 110, Baptist Hospital, and major retail and business districts, the site benefits from excellent visibility and exposure to both local and commuter traffic. Ideal for a variety of commercial uses, including: ? Professional or medical offices ? Boutique retail ? Restaurant or café ? Coffee shop or drive-thru concept ? Financial or insurance services ? Mixed commercial development ? Build-to-suit investment opportunities Whether you’re expanding your portfolio, developing for resale, or constructing your own business location, 1203 W. Cervantes Street offers a rare opportunity to secure a highly visible commercial site with flexible redevelopment potential in one of Pensacola’s most active growth corridors. Buyer to verify all zoning, subdivision, and intended use requirements with the appropriate governmental authorities.

Land Facts

Description/Design:

Land

Lot Size (Acres)

0.19

MLS #:

686534

Last Updated:

October 18, 2026, 06:45 PM

Added:

2 month(s) ago


Finances & Disclosures

Finances

Price:

$139,000

1203 W Cervantes
Source:FL PMLS
The information being provided by Pensacola Association Of REALTORS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Pensacola Association Of REALTORS®. Coldwell Banker Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coldwell Banker Realty, a broker participant of Pensacola Association Of REALTORS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Pensacola Association Of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Pensacola Association Of REALTORS®. All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.