Multi-Family Development Land
For Sale
Contact for pricing
500 E Olive Rd, Pensacola, FL 32514
Zoned HDMU with approved plans for five quadplex sets, offering a flexible multi-family development pathway.
Property SizeContact for details
Days on Market82
Property Features for 500 E Olive Rd
General Information
Standard status
Active
Property subtype
Land
Zoning
HDMU
Additional Details
Multifamily Units
20
Listing Agency:
Elite Real Estate
Listed By:
Steven Chhoa · License #151723-1
Source:
Crexi
Added: May 29
Changed: Aug 8
Last Checked: Jul 16 at 11:13AM
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 Elite Real Estate
Investment Insights
Based on property information with market context.
This for-sale land site is zoned HDMU and includes seller-approved plans for 5 sets of quadplexes. The approvals provide a defined starting point for a multi-family development concept, with the flexibility to modify the plan to support additional duplexes if the plans are changed.
The property is located at 500 E Olive Rd in Pensacola, FL 32514.
For developers and investors evaluating build-to-rent or similar multi-family strategies, the approved quadplex plan can help streamline early planning work. The HDMU zoning and documented ability to alter the layout based on updated plans may support different unit mix scenarios, depending on what can be supported through the required plan changes.
The property is located at 500 E Olive Rd in Pensacola, FL 32514.
For developers and investors evaluating build-to-rent or similar multi-family strategies, the approved quadplex plan can help streamline early planning work. The HDMU zoning and documented ability to alter the layout based on updated plans may support different unit mix scenarios, depending on what can be supported through the required plan changes.
Key Highlights
- Zoned HDMU
- Seller has approved plans for five sets of quadplexes
- Plans allow flexibility to add duplexes if the plans are changed
Property Analytics
Property Profile
Current Use
Lease Details
20
Residential units
Location Intelligence
Trade Area within ½ mile
154
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?
Residential land & home lot - Zoned HDMU with approved plans for five quadplex sets, offering a flexible multi-family development pathway.
Where is this residential land & home lot located?
The property is located at 500 E Olive Rd Pensacola, FL.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Zoned HDMU; Seller has approved plans for five sets of quadplexes; Plans allow flexibility to add duplexes if the plans are changed
