Rare Development Opportunity in the Heart of Pensacola! Welcome to 5523 Duval Street — a property with serious potential for the right investor or developer. The existing structure is a 3 bedroom, 1.5 bathroom home with 1,179 sqft, but here’s the real value: Massive 0.61 acre lot Zoned to allow the lot to be split Potential to build TWO homes The current home is in poor condition and will require a full renovation or teardown. But the payoff is in the land — a large, flat, usable lot in an established neighborhood, centrally located near shopping, schools, hospitals, and I-110 access. Perfect for: Builders looking for an infill project Flippers wanting a high-ARV area Buy-and-hold investors wanting two rental units Anyone looking to maximize land value in a prime location Properties with this kind of flexibility are rare in Pensacola. Central Pensacola Full renovation needed 0.61 acre lot — split and build 2 homes Whether you clear it and build new, or renovate and develop the remaining land, 5523 Duval Street is a value-add opportunity with multiple exit strategies. Land + Location = Profit Potential.