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Lot/land
  • $650,000

    16 Wharf Ave, Pensacola, FL 32502

    --beds
    --baths
    6,080Square Feet
    Unimproved Land
    Built in ----
    6,080 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Exclusive gated enclave
    Luxury Waterfront Homesite in Exclusive Gated Enclave – Downtown Pensacola. An exceptional opportunity to create a bespoke waterfront estate in one of the most exclusive addresses along Pensacola Bay. This premier homesite offers sweeping, unobstructed views of the sparkling bay, the iconic Pensacola Bay Bridge, and a surrounding collection of architecturally stunning, multimillion-dollar residences. Nestled within the historic Muscogee Wharf Peninsula—an intimate, gated waterfront enclave featuring only 13 exclusive homesites—this property offers an extraordinary blend of privacy, prestige, and natural beauty. Residents enjoy access to a private community pier and pavilion, an idyllic setting for sunset gatherings, morning coffee over the water, or simply enjoying the tranquil coastal breeze. Despite its secluded atmosphere, the property is located just minutes from the energy and culture of Downtown Pensacola, where fine dining, galleries, marinas, and vibrant entertainment await. The community is thoughtfully designed with underground utilities and elegant brick-paver roadways, enhancing both aesthetics and long-term value. Ideally positioned just off Bayfront Parkway, this rare homesite offers convenient access to the region’s white-sand Gulf beaches, Interstate 10, and the best of coastal living along the Emerald Coast. Opportunities to secure property within this coveted waterfront enclave are exceedingly rare. Here, you can design and build a legacy residence that captures the beauty, serenity, and prestige of life on Pensacola Bay. Owner/Agent is a licensed Realtor.
    148 days
    |
    245
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Frasier Phelps 850-485-2665,

    Berkshire Hathaway Home Services PenFed Realty

    Source: PAR,MLS#: 679258MLS Logo

      Facts & features

      Interior

      Features
      • Has basement: No
      Video & virtual tour

      Property

      Features
      • Exterior features: Dock
      • On waterfront: Yes
      • Waterfront features: Bay, Waterfront, Block/Seawall, Rip Rap
      • Frontage length: Water Frontage(66)
      Lot
      • Size: 6,080 Square Feet
      • Dimensions: 66 X 93
      • Features: Central Access, Interior Lot, Cleared
      • Topography: High/Dry,Level
      Details
      • Parcel number: 000s009101000060
      • Zoning description: City,Deed Restrictions,Res Single
      • Special conditions: Standard

      Utilities & green energy

      • Electric: Underground
      • Sewer: Public Sewer, Tap Fee Due
      • Water: Public, Tap Fee Due

      Community & HOA

      Community
      • Features: Gated, Pavilion/Gazebo
      • Subdivision: Muscogee Wharf
      HOA
      • Has HOA: Yes
      • Services included: Association, Maintenance Grounds, Management
      Location
      • Region: Pensacola

      Financial & listing details

      • Tax assessed value: $200,000
      • Annual tax amount: $3,308
      • Price range: $650K - $650K
      • Date on market: 3/13/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        3/13/2026Listed for sale$650,000
        Source: PAR #679258 Report a problem
        11/19/2025Listing removed$650,000
        Source: PAR #662186 Report a problem
        4/8/2025Listed for sale$650,000+188.9%
        Source: PAR #662186 Report a problem
        6/4/2021Sold$225,000
        Source: Public Record Report a problem
        4/29/2016Sold$225,000-6.3%
        Source: PAR #441101 Report a problem
        10/7/2015Price change$240,000-36%
        Source: ISLAND REALTY OF PENSACOLA BEACH #441101 Report a problem
        8/15/2013Price change$375,000-1.1%
        Source: ISLAND REALTY OF PENSACOLA BEACH #441101 Report a problem
        8/11/2013Price change$379,000-5%
        Source: ISLAND REALTY OF PENSACOLA BEACH #441101 Report a problem
        3/24/2013Listed for sale$399,000-44%
        Source: ISLAND REALTY OF PENSACOLA BEACH #441101 Report a problem
        7/26/2005Sold$712,500
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,308 -2%$200,000
        2023$3,374 -0.8%$200,000
        2022$3,400 -2.6%$200,000
        2021$3,490 +1.3%$200,000
        2020$3,445 -0.7%$200,000
        2019$3,468 $200,000
        2018$3,468 -1.6%$200,000
        2017$3,525 -1.7%$200,000
        2016$3,586 -1.4%$200,000 -20%
        2015$3,636 $250,000
        2014$3,636 $250,000 -28.6%
        2013-- $350,000
        2012-- $350,000 -7.9%
        2011-- $380,000
        2010-- $380,000
        2009-- $380,000 -29%
        2008-- $535,325 -6.1%
        2007-- $570,000 -5%
        2006-- $600,000 +76.5%
        2005-- $340,000
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Baymarc

        Getting around

        50 / 100
        Somewhat Walkable
        23 / 100
        Minimal Transit
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Suter
        • Middle: WORKMAN
        • High: Pensacola

        Source: PAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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