816 W Gregory St Rare opportunity to purchase a cleared corner residential lot in downtown Pensacola with the option to purchase the entire parcel. This is Lot 17 (B) The property previously contained two buildings, which have since been removed, leaving the land cleared and ready for future use or development. The available interior lot offers an excellent opportunity for a homeowner, builder, or investor seeking residential land in the Pensacola area. The property is zoned R-1A. According to the County GIS map, the property is shown as having no wetlands and is located in an X flood zone. For buyers seeking additional land or greater development flexibility, the entire parcel, including the adjoining lots, also available for purchase. This provides flexibility for a variety of potential uses and investment strategies. Located near Downtown Pensacola, a vibrant and walkable hub offering rich history, diverse dining, local shopping, and lively entertainment. Don't miss this opportunity to secure a lot in an established Pensacola area with the option to acquire the larger parcel. See listing photos for the proposed lot split and property layout.