$630,000

720 Olive Road

Pensacola, FL 32514

Active
0
Baths
7.78
Acres
7.78 acres$2/sqft360° tour
🏠Land

Property type

📐338,897 sqft

Lot size

📊$2

Price / sq ft

🏘️No HOA

HOA dues

📅577

Days on market

🌊X

Flood zone

About this home

Exceptional opportunity to own a 7.78-acre vacant property at 720 E Olive Road, Pensacola, FL 32514. "Zoning: HDMU" This expansive parcel offers tremendous versatility for building a custom estate, developing multiple units or holding as a prime long-term investment in a rapidly growing area. Located near major roadways, shopping, schools, and medical facilities, the property provides both privacy and convenience.Pin Location: Latitude 30.51236422, Longitude -87.24299860. Note: buyers I emphasize the importance of conducting thorough due diligence to ensure that the property meets your expectations and requirements.

Estimated monthly payment

Principal & interest$3,186
Property taxes$2
Home insurance (est.)$289

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history577 days on market

  1. Status: Active
    Aug 30, 2024
  2. Listed$630,000
    Aug 30, 2024
  3. Price increased$630,000

Virtual Tour

Facts & features

Property type
Land
Status
Active
Days on market
577
Subdivision
Mazurek Plantation
County
Escambia
Price/sq ft
$2
Lot size
338,897 sq ft
Lot category
5 to less than 10
Flood zone
X
Annual taxes
$23 (2023)
Parcel #
20-1S-30-2101-031-001
Zoning
HDMU
MLS #
O6226991

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
Ownership
Fee Simple

Exterior & Construction

Road surface
Other

Utilities

Sewer
None
Water source
None
Utilities
Other

Listing Details

Listing date
2024-08-26
On market date
2024-08-30
Original list price
$630,000
MLS area
32514 - Pensacola
Listing AOR
Pinellas Suncoast
Status changed
2024-08-30
Tax legal description
BEG AT NW COR OF LT 1 S 1021 FT E 520 1/2 FT S TO RD ELY ALG RD TO SLY PROJ OF W LI OF PROP DESC IN DB 536 P 740 N 8 DEG 49 MIN 42 SEC E 209 72/100 FT S 82 DEG 10 MIN 18 SEC E 457 64/100 FT N 9 DEG 49 MIN 34 SEC E 899 01/100 FT TO N LI OF S 1/2 OF SEC N 88 DEG 32 MIN 59 SEC W ALG N LI 1810 40/100 FT TO POB S/D OF S 1/2 PLAT DB P LESS MAZUREK PLANTATION S/D PB 16 P 22

Flood risk

Minimal riskFEMA Zone X

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

221 Palafox Pl Head north on Palafox Pl toward W Intendencia St 0.3 mi Turn right onto E Chase St 0.2 mi Slight left onto the I-110 N ramp to I-10/Airport 0.4 mi Continue onto I-110 N 5.6 mi Take exit 6 toward FL-291/Davis Hwy 1.0 mi Turn right onto FL-291 N/N Davis Hwy (signs for Univ Of West Fla) 0.6 mi Turn left onto E Olive Rd 1.3 mi 720 E Olive Rd, Pensacola, FL 32514

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of March 30, 2026 at 2:55 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA