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$650,000
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Property Description
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.
Full Property Details
Full Property Details for 16 Wharf Ave
General
- Price: $650,000
- Status: Active
- Type: Residential Lots
- Source: Pensacola
- MLS ID: 679258
- Updated: 3/13/2026
- Added to Site: 22 day(s) ago
Additional Information
- Shared Amenities: Gated, Pavilion/Gazebo
Exterior
- Exterior Features: Dock
Location
- County: Escambia - Fl
- Subdivision: Muscogee Wharf
- Driving Directions: From Bayfront Parkway, turn South into the gated Muscogee Wharf subdivision (just West of the intersection of Bayfront Parkway & Chase St). 16 Wharf Ave is located towards the end of the street, immediately past the last house on the left, before the cul-de-sac.
School Information
- Elementary School: Suter
- Middle School: WORKMAN
- High School: Pensacola
Community
- Gated community: Yes
- Association: Yes
Utilities
- Sewer: Public Sewer, Tap Fee Due
- Water: Public, Tap Fee Due
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Lot Size (Acres): 0.1396
- Lot Dimensions: 66 x 93
- Frontage: Private Road
- Topography: High/Dry, Level
- Lot Features: Central Access, Interior Lot, Cleared
- Zoning: City, Deed Restrictions, Res Single
Water Features
- Water Front: Yes
- Water Front Desc.: Bay, Waterfront, Block/Seawall, Rip Rap
Financial Considerations
- Price Per Sq. Ft.: $4,642,857.14
Disclosures and Reports
- Property ID: 000S009101000060
Listed by Berkshire Hathaway Home Services PenFed Realty
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Schools
Schools serving 16 Wharf Ave
School District:Escambia County School District, Cantonment, FL
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16 Wharf Ave
Date
Details
Price
Change
Source
3/13/2026
Listed
$650,000
188.89%
MLS
4/29/2016
Sold
$225,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 16 Wharf Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,308
-2%
$200,000
—
2023
$3,374
-1%
$200,000
—
2022
$3,400
-3%
$200,000
—
2021
$3,490
-1%
$200,000
—
2018
$3,525
-2%
$200,000
—
2017
$3,586
3%
$200,000
—
2019
$3,468
-5%
$200,000
—
2016
$3,636
-21%
$200,000
-20%
2015
$4,604
3%
$250,000
—
2014
$4,470
-32%
$250,000
-29%
2013
$6,602
—
$350,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 16 Wharf Ave
16 Wharf Ave, Pensacola, FL 32502 (MLS# 679258) is a Residential Lots property with a lot size of 0.1396 acres. 16 Wharf Ave is currently listed for $650,000 and was received on March 13, 2026. Want to learn more about 16 Wharf Ave? Do you have questions about finding other Residential Lots real estate for sale in Pensacola? You can browse all Pensacola real estate or contact a Coldwell Banker agent to request more information.

