Listing provided courtesy of Covewood Estates LLCMLS# 672039MLS Provider
  • 265 days on site
  • 4 views

Prime Development Opportunity on 1.91 Acres — 5006 W Fairfield Dr, Pensacola, FL Unlock the potential of this 1.91-acre parcel located along busy W Fairfield Drive, offering excellent visibility and convenient access to major roadways, shopping, and employment centers, this property provides flexibility for a variety of development options. A previous development order was approved for an 8-duplex (16-unit) multifamily project with a minimum of 36 paved parking spaces, showcasing the site’s readiness for residential potential. A complete set of plans is available and will convey with the sale, saving valuable time in the planning and approval process. Whether you’re a developer, investor, or business owner seeking a strategic location, 5006 W Fairfield Dr presents a rare opportunity to bring your next project to life in one of Pensacola’s growing corridors.

Source: Pensacola MLS, MLS#: 672039

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  • Property Type
    Land
  • Lot
    1.91 acres

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Teresa King

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 5006 W Fairfield Dr


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
2/16/2026Source: Pensacola MLS Price Reduction
$215,000 -8.5%
10/7/2025Source: Pensacola MLS Added to Database
October 07, 2025