JTL purchased 1,541 acres of land just outside Pensacola, Florida. The property enjoys nearly 6 miles of water frontage on and along the East Bay, Blackwater Bay, and Fundy Bayou just to the west of Eglin Air Force Base in Santa Rosa County. Named for the picturesque sandbar that juts out into the East Bay, Escribano Point is just 30 minutes from the popular white sand beaches of Destin, Florida and offers one of the largest remaining tracts of undeveloped waterfront land in the entire state of Florida. The entire property has residential zoning of 4 units per acre.  JTL Capital is planning to develop the property into a resort-style, residential community.