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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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16 Wharf Ave , Pensacola, FL 32502
$650,000
Est. Payment: $3,296.68/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 160
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House 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.

Highlights

Listed by Frasier Phelps , 850-267-0013 Berkshire Hathaway Home Services PenFed Realty , 850-932-6278. Pensacola Association of REALTORS®, Inc.

Property Type

Vacant Land

Lot/Acreage
0.14

HOA Fee

County

Escambia - Fl

Neighborhood

Muscogee Wharf

Listing ID

679258

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:Public,Tap Fee Due

Exterior Features

Lot:Central Access,Interior Lot,Cleared,Bay,Waterfront,Block/Seawall,Rip Rap
Lot Dimensions:66 X 93
Zoning:City,Deed Restrictions,Res Single
Others:
  • Additional:Dock
Sewer:Public Sewer,Tap Fee Due
Principal Interest
$3,297
Taxes
$414
HOA
$0

Home Price

$650,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$130,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,296.68

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,296.68 $414.38 $0.00 $3,711.05
Yearly $39,560.13 $4,972.50 $0.00 $44,532.63
Total $1,186,803.85 $149,175.00 $0.00 $1,335,978.85

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Pensacola, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Pensacola Association of REALTORS®, Inc., and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T07:06:24.000Z

© 2026 Pensacola Association of REALTORS®, Inc.