Mixed-Use Development Land
For Sale
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1201 E Olive Rd, Pensacola, FL 32514
HDMU-zoned multi-parcel site on E Olive Rd suited for multifamily, townhomes, commercial, or mixed-use development.
Property SizeContact for details
Lot Size2.98 Acres
Days on Market275
Property Features for 1201 E Olive Rd
General Information
Standard status
Active
Lot size
2.98 Acres
Property subtype
LAND
Zoning
HDMU
Listing Agency:
Ross And Co. Real Estate Partners
(850) 807-4060
Listed By:
Philip A. Ross · License #3444992
(850) 503-1755
Source:
Moodyscre
Added: Dec 1, 2025
Changed: Aug 31
Last Checked: Sep 2 at 12:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ross And Co. Real Estate Partners
Investment Insights
Based on property information with market context.
This mixed-use development opportunity consists of multiple parcels totaling 2.98 acres, zoned HDMU. The property is positioned for a range of development concepts, including multifamily, townhomes, commercial uses, or mixed-use projects, making it well-suited for builders, developers, and investors evaluating a flexible land plan.
The site is located off Olive Road with 368 feet of road frontage at 1201 E Olive Rd, Pensacola, FL 32514. It is described as minutes from the University of West Florida and surrounded by ongoing residential growth, retail expansion, and apartments.
The property’s frontage and HDMU zoning provide a straightforward foundation for mixed-use development on a multi-parcel tract, offering a single ownership platform for potential project planning.
The site is located off Olive Road with 368 feet of road frontage at 1201 E Olive Rd, Pensacola, FL 32514. It is described as minutes from the University of West Florida and surrounded by ongoing residential growth, retail expansion, and apartments.
The property’s frontage and HDMU zoning provide a straightforward foundation for mixed-use development on a multi-parcel tract, offering a single ownership platform for potential project planning.
Key Highlights
- 2.98‑acre multi‑parcel mixed‑use development site
- HDMU‑zoned parcel suitable for multifamily, townhomes, commercial, or mixed‑use development
- Located off E Olive Rd with 368 ft of road frontage
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
193
Businesses Nearby
Explore this area
Business Placement
Demographics for 32514, FL
40,844
Population
19,117
Households
2.1
Avg Household Size
39
Median Age
33%
College-Educated
91%
High-School Grad
19.8 sq mi
ZIP Area
2,063
Density / Sq Mi
$66,484
Median Household Income
$36,178
Median Earnings
$1,358
Median Rent
$241,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - HDMU-zoned multi-parcel site on E Olive Rd suited for multifamily, townhomes, commercial, or mixed-use development.
Where is this commercial land located?
The property is located at 1201 E Olive Rd Pensacola, FL.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: 2.98‑acre multi‑parcel mixed‑use development site; HDMU‑zoned parcel suitable for multifamily, townhomes, commercial, or mixed‑use development; Located off E Olive Rd with 368 ft of road frontage
