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$105,000
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Property Description
*BRING ANY & ALL OFFERS!!* A Wetland Assessment Study Report has been completed and is available in the MLS docs. Estimated permitting costs range from $10,000-$12,000, assuming a site plan acceptable to federal and state agencies. (Typically, detached structures such as pools, garages, or guest suites are not permitted, though a 10-foot yard adjacent to the residence can generally be allowed within the wetland area.) Come build your dream home on this beautiful 0.42-acre lot, surrounded by Bay and Sound views in the exclusive, gated community of Innerarity Island. Residents enjoy deeded water access, walking trails, a park and playground, a fishing area with dock extension, and basketball and pickleball courts. Nestled on a quiet, no-outlet street, this homesite offers peace, privacy, and natural coastal beauty! Conveniently located just 5 miles from Perdido Key and its beaches, and minutes from Innerarity Point Park, Galvez Landing public boat launch, and the world-famous Hub Stacy's, this property offers the perfect balance of tranquility and accessibility. Discover the peaceful charm and hidden beauty of Innerarity Island, one of Pensacola's best-kept secrets!
Full Property Details
Full Property Details for 5941 Red Cedar St
General
- Price: $105,000
- Status: Active
- Type: Residential Lots
- Source: Pensacola
- MLS ID: 637419
- Updated: 10/23/2025
- Added to Site: 772 day(s) ago
Business
- Misc. Information: BUILD TO SUIT
Additional Information
- Shared Amenities: Gated
Location
- County: Escambia - Fl
- Subdivision: Innerarity Shores
- Driving Directions: From Gulf Beach Hwy, go West on Innerarity Point Rd, enter through the gate. Left on Red Cedar. Lot is on the right. 4th lot from the corner.
School Information
- Elementary School: Hellen Caro
- Middle School: BAILEY
- High School: Escambia
Community
- Gated community: Yes
- Association: Yes
Utilities
- Water: Public
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Property View: Sound
- Lot Size (Acres): 0.42
- Lot Dimensions: 192 x 93 x 196 x 94
- Frontage: County Road
- Street/Road Desc.: Paved
- Zoning: Res Single
Water Features
- Water View: Yes
- Water Front Desc.: No Waterfront Features
Financial Considerations
- Price Per Sq. Ft.: $250,000
Disclosures and Reports
- Property ID: 153S322001021008
Listed by Keller Williams Realty Gulf Coast
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Schools
Schools serving 5941 Red Cedar St
School District:Escambia County School District, Cantonment, FL
| Name | Grades | Distance |
|---|---|---|
Hellen Caro Elementary School 12551 Meadson Road, Pensacola, FL 32506 | K-5 | 5.7 mi |
Jim C. Bailey Middle School 4110 Bauer Road, Pensacola, FL 32506 | 6-8 | 5.9 mi |
Escambia High School 1310 North 65th Avenue, Pensacola, FL 32506 | 9-12 | 14.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5941 Red Cedar St
Date
Details
Price
Change
Source
12/06/2024
Price Reduced
$105,000
-6.25%
MLS
10/29/2024
Price Increased
$112,000
17.89%
MLS
12/08/2023
Listed
$95,000
18.75%
MLS
7/27/2021
Sold
$80,000
—
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 5941 Red Cedar St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,168
2%
$60,000
9%
2023
$1,147
10%
$55,000
10%
2022
$1,047
140%
$50,000
25%
2021
$436
374%
$40,000
-33%
2018
$92
—
$60,000
—
2019
$92
-90%
$60,000
—
2017
$951
-3%
$60,000
—
2016
$981
-1%
$60,000
—
2015
$991
3%
$60,000
—
2014
$963
-5%
$60,000
—
2013
$1,017
—
$60,000
—
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 5941 Red Cedar St
5941 Red Cedar St, Pensacola, FL 32507 (MLS# 637419) is a Residential Lots property with a lot size of 0.42 acres. 5941 Red Cedar St is currently listed for $105,000 and was received on December 08, 2023. Want to learn more about 5941 Red Cedar St? 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.

