$630,000
720 Olive Road
Pensacola, FL 32514
Property type
Lot size
Price / sq ft
HOA dues
Days on market
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
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
- Status: ActiveAug 30, 2024
- Listed$630,000Aug 30, 2024
- 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-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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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