Hi Persa190!
As with most real property, it really just depends on the location of the specific property. Vacant land located directly on Pensacola Beach tends to be a lot more expensive than vacant land in Gulf Breeze. Of course, the price also depends on the property's proximity to the water (i.e. waterfront, waterview, etc.).
If you're thinking about purchasing a property for rental income on Pensacola Beach, now is a great time. In fact, I've got clients coming in from Vegas within the next few weeks to purchase a few rental units.
If you're interested, email me directly at prestonmurphy@weeksrealty.net, and I'll be happy to send you some vacant land listings or residential properties that are currently on the market that would make fabulous vacation rental units.
Have a winning day,
Preston Murphy
Realtor
Weeks Realty, Inc.
Cell (850) 380-0571 - Wed Sep 2 2009, 11:13