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$68,000 Just Listed
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Property Description
Prime 2.14-acre land opportunity on Lillian Highway in Pensacola, Florida, offering excellent potential for development, investment, or future commercial and mixed-use use. Zoned MU-U, Mixed Use Urban, this property provides a flexible zoning designation designed to accommodate a variety of urban development opportunities, subject to applicable zoning regulations, approvals, utilities, access, and site requirements. The property features mature trees throughout the acreage, providing natural beauty, privacy, and an established character that could potentially be incorporated into a future development plan. With 2.14 acres and frontage along Lillian Highway, this property offers an attractive combination of size, visibility, accessibility, and development potential. Located in Pensacola, FL, along the established Lillian Highway corridor, the property provides convenient access to surrounding neighborhoods, businesses, major roadways, and the greater Pensacola area. Its location makes it worth considering for investors, developers, businesses, or buyers looking for land for sale in Pensacola with future development potential. Whether you're searching for commercial land in Pensacola, mixed-use development property, investment land, or acreage along Lillian Highway, this property offers a unique opportunity in a growing Northwest Florida market. Property highlights: 2.14 acres, Lillian Highway frontage, mature trees, MU-U Mixed Use Urban zoning, Pensacola location, and potential for a variety of future development concepts. Buyer to independently verify zoning, permitted uses, development standards, utilities, access, setbacks, environmental conditions, and all other property-specific information with the appropriate governmental agencies. Development potential is subject to applicable regulations and approvals.
Full Property Details
Full Property Details for 5007 Lillian Hwy
General
- Price: $68,000
- Status: Active
- Type: Residential Lots
- Source: Pensacola
- MLS ID: 687250
- Updated: 8/10/2026
- Added to Site: 5 day(s) ago
Location
- County: Escambia - Fl
- Driving Directions: This property is located across from the VFW on Lillian Hwy.
School Information
- Elementary School: West Pensacola
- Middle School: WARRINGTON
- High School: Escambia
Utilities
- Sewer: See Remarks
- Water: Comm Water
Structural Information
- Current Bldg. Use: Agricultural, Commercial, Mobile Home, Other, Residential
Lot Features
- Lot Size (Acres): 2.14
- Frontage: City Street, County Road, Highway
- Lot Features: Central Access, Corner Lot
- Zoning: Agricultural, Business, Commercial, High Density Mixed Use, Mobile Homes, Res Multi, Res Single
Financial Considerations
- Price Per Sq. Ft.: $31,775.7
Disclosures and Reports
- Property ID: 342S300210001021
Listed by Levin Rinke Realty
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Schools
Schools serving 5007 Lillian Hwy
School District:Escambia County School District, Cantonment, FL
| Name | Grades | Distance |
|---|---|---|
West Pensacola Elementary School 801 North 49th Avenue, Pensacola, FL 32506 | PK-5 | 0.4 mi |
Warrington Middle School 450 South Old Corry Field Road, Pensacola, FL 32507 | 6-8 | 1.6 mi |
Escambia High School 1310 North 65th Avenue, Pensacola, FL 32506 | 9-12 | 0.8 mi |
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 5007 Lillian Hwy
Date
Details
Price
Change
Source
8/10/2026
Listed
$68,000
—
MLS
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 5007 Lillian Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2025
$678
24%
$51,360
25%
2024
$547
—
$41,088
4%
2023
$548
-44%
$39,547
-36%
2021
$985
98%
$62,082
73%
2022
$497
-50%
$35,952
-57%
2021
$985
-13%
$84,171
17%
2018
$1,130
3%
$71,647
6%
2017
$1,095
-3%
$67,698
-1%
2016
$1,127
-3%
$68,711
-9%
2019
$1,159
-19%
$75,258
-10%
2015
$1,434
8%
$83,320
4%
2014
$1,323
—
$80,420
7%
2013
$1,317
—
$75,148
—
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 5007 Lillian Hwy
5007 Lillian Hwy, Pensacola, FL 32506 (MLS# 687250) is a Residential Lots property with a lot size of 2.14 acres. 5007 Lillian Hwy is currently listed for $68,000 and was received on August 10, 2026. Want to learn more about 5007 Lillian Hwy? 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.

