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Active - Land for sale
503 Deer Point Dr, Gulf Breeze FL 32561
Facts & features
Why you’ll love it
This property represents an incredible investment opportunity in a highly desirable waterfront location. Don’t miss your chance to own a property priced below its appraised value with significant potential for future gains. The only thing missing? You. BREAK GROUND TODAY – Permits are DONE. No waiting, no stress, just ACTION. The current owner has done all the work for you. State and federal permits? Approved. Site plan? Cleared. You have a unique opportunity to secure a stunning waterfront lot at 503 Deer Point for $899,000, priced below its appraised value of $920,000. By purchasing this property, you are instantly gaining immediate equity, offering you exceptional value compared to other properties in the area. Whether you are looking to build your dream home or make a smart investment, this lot offers a great financial opportunity. By purchasing below the appraised value, you immediately benefit from built-in equity. Should the market shift upward, you could see a return on your investment even before construction begins. If you are considering financing, the reduced asking price helps ensure that your loan-to-value ratio works in your favor. Lenders are likely to be more comfortable approving loans on a property priced below its appraised value, as this gives them confidence that the property is worth the amount they are lending. Additionally, the reduced asking price can help offset other financial considerations, such as closing costs or renovation expenses (if you plan to develop or make changes to the property). Purchasing this lot below market value gives you more flexibility to allocate funds for future improvements, making it an even more attractive investment.
Listings courtesy of Poppy Properties LLC.
Listed by: Heidy Miner • 850-501-4743 • Poppy Properties LLC
Co-listed by: Poppy Properties LLC
Source: Pensacola MLS, MLS#: 653773
Based on info available as of Nov 13, 2026 at 1:33 AM EST.
Come see by yourself
Affordability
$4,541/mo
- Mortgage$4,541
- Property tax$0
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$17,960 Credit back
Start an offerDiscover the neighborhood
Travel times
About Deer Point
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone VE
In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.
More details
Base flood elevation: 10 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements.
Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.
Copyright ©2026.
Based on information as of Nov 13, 2026 at 01:33am EST.
Make a winning offer, and get up to
$17,960 Credit back
