Under Contract

2800 BLK E Olive Rd

Pensacola, FL 32514
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Acres4.03

Acres(Lot)

This 3.99-acre parcel presents a rare development opportunity in a high-demand Pensacola corridor. Zoned HDR/HDMU, the property is well suited for high-density residential or mixed-use development and offers strong visibility and access along heavily traveled Olive Road, with the added benefit of secondary road frontage to support flexible site design and circulation. A previously approved 98-unit residential project totaling approximately 51,000 square feet of heated space was substantially through the approval process, allowing a new developer to capitalize on significant time and soft cost savings compared to starting from scratch. Surveys, environmental reports, and key county approvals have already been completed, reducing entitlement risk and accelerating timelines. Alternatively, th e site offers a blank canvas for a new development vision, making this an ideal acquisition for investors or developers seeking flexibility, speed to market, and long-term upside in a growing area.

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Detail Ic Property Details

Property Type : Land

Price : $600,000

AD Id : 74301876

MLS Id : 676185

Lot Size : 4.03 Acres(Lot)

County : Escambia - Fl

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Feature Features

  • Heating & Cooling

    WaterSource: Public

  • Road Types

    Paved
    County Road

  • Lot Information

    Lot Description: Wooded, Central Access, Corner Lot, Curb/Gutter Lot Size Area: 4.03 Lot Size Units: Acres Lot Square Feet: 175,547 Lot Acres: 4.03 Waterfront: No Waterfront, No Waterfront Features Main Square Feet: 4.03

    Property Information

    Property Type: Land Sub Type: Land/AcreageSubdivision: None

  • Listing Price Information

    Original Listing Price: $600000

  • Tax Information

    Parcel Number: 171S302101000116

  • Elementary School: Ferry Pass
    Junior High School: FERRY PASS
    Senior High School: Pine Forest
  • Utility Information

    Sewer Available
  • Location Information

    Direction: 2800 Blk of Olive Rd - Corner of Olive Rd and Caminitti Rd
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Nearby Home Value

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8750 Scenic Hwy, Pensacola, FL, 32514 $160,000 -- -- -- 0.39 Acre(Lot)
3776 Mackey Cove Dr, Pensacola, FL, 32514 $575,000 -- -- -- 1.78 Acres(Lot)
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3033 Pelican Ln, Pensacola, FL, 32514 $150,000 -- -- -- 0.28 Acre(Lot)
3039 Pelican Ln, Pensacola, FL, 32514 $150,000 -- -- -- 0.28 Acre(Lot)
2022 Mackey Key Dr, Pensacola, FL, 32514 $389,000 -- -- -- 0.66 Acre(Lot)
3650 & 3656 Mackey Cove.., Pensacola, FL, 32514 $96,000 -- -- 39,815 0.88 Acre(Lot)
3650 Mackey Cove Drive, Pensacola, FL, 32514 $58,000 -- -- -- 0.45 Acre(Lot)

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ByOwner last updated this listing 06/06/2026 @ 07:40

MLS: 676185 LISTED BY: Jason Mcguire, REMAX Select Partners 850-995-0030 SOURCE: Pensacola MLS

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