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Pensacola Land with Approved Plans
For Sale
$480,000

500 E Olive Rd, Pensacola, FL 32514

Land, Pensacola, FL

Property SizeContact for details
Lot Size2.74 Acres
Days on Market99

Property Features for 500 E Olive Rd

General Information

Property type Land
Property subtype Other
Lot features Central Access
Elementary school Ensley
Middle school FERRY PASS
High school Pine Forest
Directions Head N on Davis Highway, past the I-10 and make a left on Olive Rd. Property is on the right
Standard status Active
APN 211S302101011020
Lot size 2.74 Acres

Taxes and HOA fees

Tax Description A PORTION OF LOTS 20, 21, 34, AND 35, OF A SUBDIVISION OF SECTION 21, TOWNSHIP 1 SOUTH, RANGE 30 WEST, ESCAMBIA COUNTY, FLORIDA, EAST OF THE L AND N RAILROAD, ACCORDING TO PLAT RECORDED IN PLAT BOOK 2, PAGE 90, OF THE PUBLIC RECORDS OF SAID COUNTY; BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT AN IRON PIPE LOCATED AT THE INTERSECTION OF THE WEST LINE OF THE EAST 1/2 OF LOT 34 OF A SUBDIVISION OF SECTION 21 , TOWNSHIP 1 SOUTH, RANGE 30 WEST, ESCAMBIA COUNTY, FLORIDA, EAST OF THE L AND N RAILROAD ACCORDING TO PLAT RECORDED IN DEED BOOK 2. PAGE 90, OF THE PUBLIC RECORDS OF SAID COUNTY AND THE NORTH RIGHT OF WAY LINE OF OLIVE ROAD (S-290) (66 FOOT R/W); THENCE NORTH 77 DEGREES 25 MINUTES 17 SECONDS EAST ALONG SAID NORTH RIGHT OF WAY LINE FOR 30.00 FEET TO AN IRON PIPE LOCATED AT THE SOUTHWEST CORNER OF REAL PROPERTY AS DESCRIBED IN OFFICIAL RECORDS BOOK 2610, PAGE 436, OF THE PUBLIC RECORDS OF SAID COUNTY; THENCE CONTINUE NORTH 77 DEGREES 25 MINUTES 17 SECONDS EAST ALONG SAID NORTH RIGHT OF WAY LINE FOR 210.00 FEET TO AN IRON ROD AND CAP MARKED #3578 LOCATED AT THE SOUTHEAST CORNER OF SAID REAL PROPERTY AND POINT OF BEGINNING; THENCE CONTINUE NORTH 77 DEGREES 25 MINUTES 17 SECONDS EAST ALONG SAID NORTH RIGHT OF WAY LINE FOR 241.56 FEET TO AN IRON ROD AND CAP MARKED #3578; THENCE NORTH 00 DEGREES 00 MINUTES 00 SECONDS WEST AND PARALLEL WITH THE WEST LINES OF LOTS 35 AND 20, OF SAID SUBDIVISION (SAID LINE BEING 162.00 FEET WEST OF THE WEST RIGHT OF WAY LINE OF ACKERMANN DRIVE (66 FOOT R/W)) FOR 463.53 FEET TO AN IRON ROD AND CAP MARKED #3578 LOCATED AT THE SOUTHEAST CORNER OF REAL PROPERTY AS DESCRIBED IN OFFICIAL RECORDS BOOK 4507. PAGE 689, OF THE PUBLIC RECORDS OF SAID COUNTY; THENCE NORTH 90 DEGREES 00 MINUTES 00 SECONDS WEST AND PARALLEL WITH THE NORTH LINE OF LOTS 20 AND 21 OF SAID SUBDIVISION AND ALONG THE SOUTH LINE OF SAID REAL PROPERTY AS DESCRIBED IN OFFICIAL RECORDS BOOK 4507. PAQE 689 FOR 240.00 FEET TO AN IRON ROD AND CAP MARKED #3578 (SAID POINT BEING 100.00 FEET WEST AND 495.00 SOUTH OF THE NORTHEAST CORNER OF SAID LOT 21); THENCE SOUTH 00 DEGREES 00 MINUTES 00 SECONDS EAST AND PARALLEL WITH THE WEST LINE OF SAID LOTS 21 AND 34 FOR 357.08 FEET TO AN IRON ROD AND CAP MARKED #3578 LOCATED ON THE NORTH LINE OF REAL PROPERTY AS DESCRIBED IN OFFICIAL RECORDS BOOK 2610. PAGE 436, OF THE PUBLIC RECORDS OF SAID COUNTY; THENCE NORTH 77 DEGREES 25 MINUTES 17 SECONDS EAST ALONG SAID NORTH LINE FOR 4.34 FEET TO AN IRON ROD AND CAP MARKED #3578 LOCATED AT THE NORTHEAST CORNER OF SAID REAL PROPERTY AS DESCRIBED IN OFFICIAL RECORDS BOOK 2610. PAGE 436; THENCE SOUTH 00 DEGREES 00 MINUTES 00 SECONDS EAST ALONG THE EAST LINE OF SAID REAL PROPERTY AND PARALLEL WITH THE EAST LINE OF SAID LOT 34 FOR 160.00 FEET TO THE POINT OF BEGINNING. OR 9112 P 299
Legal Description A PORTION OF LOTS 20, 21, 34, AND 35, OF A SUBDIVISION OF SECTION 21, TOWNSHIP 1 SOUTH, RANGE 30 WEST, ESCAMBIA COUNTY, FLORIDA, EAST OF THE L AND N RAILROAD, ACCORDING TO PLAT RECORDED IN PLAT BOOK 2, PAGE 90, OF THE PUBLIC RECORDS OF SAID COUNTY; BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT AN IRON PIPE LOCATED AT THE INTERSECTION OF THE WEST LINE OF THE EAST 1/2 OF LOT 34 OF A SUBDIVISION OF SECTION 21 , TOWNSHIP 1 SOUTH, RANGE 30 WEST, ESCAMBIA COUNTY, FLORIDA, EAST OF THE L AND N RAILROAD ACCORDING TO PLAT RECORDED IN DEED BOOK 2. PAGE 90, OF THE PUBLIC RECORDS OF SAID COUNTY AND THE NORTH RIGHT OF WAY LINE OF OLIVE ROAD (S-290) (66 FOOT R/W); THENCE NORTH 77 DEGREES 25 MINUTES 17 SECONDS EAST ALONG SAID NORTH RIGHT OF WAY LINE FOR 30.00 FEET TO AN IRON PIPE LOCATED AT THE SOUTHWEST CORNER OF REAL PROPERTY AS DESCRIBED IN OFFICIAL RECORDS BOOK 2610, PAGE 436, OF THE PUBLIC RECORDS OF SAID COUNTY; THENCE CONTINUE NORTH 77 DEGREES 25 MINUTES 17 SECONDS EAST ALONG SAID NORTH RIGHT OF WAY LINE FOR 210.00 FEET TO AN IRON ROD AND CAP MARKED #3578 LOCATED AT THE SOUTHEAST CORNER OF SAID REAL PROPERTY AND POINT OF BEGINNING; THENCE CONTINUE NORTH 77 DEGREES 25 MINUTES 17 SECONDS EAST ALONG SAID NORTH RIGHT OF WAY LINE FOR 241.56 FEET TO AN IRON ROD AND CAP MARKED #3578; THENCE NORTH 00 DEGREES 00 MINUTES 00 SECONDS WEST AND PARALLEL WITH THE WEST LINES OF LOTS 35 AND 20, OF SAID SUBDIVISION (SAID LINE BEING 162.00 FEET WEST OF THE WEST RIGHT OF WAY LINE OF ACKERMANN DRIVE (66 FOOT R/W)) FOR 463.53 FEET TO AN IRON ROD AND CAP MARKED #3578 LOCATED AT THE SOUTHEAST CORNER OF REAL PROPERTY AS DESCRIBED IN OFFICIAL RECORDS BOOK 4507. PAGE 689, OF THE PUBLIC RECORDS OF SAID COUNTY; THENCE NORTH 90 DEGREES 00 MINUTES 00 SECONDS WEST AND PARALLEL WITH THE NORTH LINE OF LOTS 20 AND 21 OF SAID SUBDIVISION AND ALONG THE SOUTH LINE OF SAID REAL PROPERTY AS DESCRIBED IN OFFICIAL RECORDS BOOK 4507. PAQE 689 FOR 240.00 FEET TO AN IRON ROD AND CAP MARKED #3578 (SAID POINT BEING 100.00 FEET WEST AND 495.00 SOUTH OF THE NORTHEAST CORNER OF SAID LOT 21); THENCE SOUTH 00 DEGREES 00 MINUTES 00 SECONDS EAST AND PARALLEL WITH THE WEST LINE OF SAID LOTS 21 AND 34 FOR 357.08 FEET TO AN IRON ROD AND CAP MARKED #3578 LOCATED ON THE NORTH LINE OF REAL PROPERTY AS DESCRIBED IN OFFICIAL RECORDS BOOK 2610. PAGE 436, OF THE PUBLIC RECORDS OF SAID COUNTY; THENCE NORTH 77 DEGREES 25 MINUTES 17 SECONDS EAST ALONG SAID NORTH LINE FOR 4.34 FEET TO AN IRON ROD AND CAP MARKED #3578 LOCATED AT THE NORTHEAST CORNER OF SAID REAL PROPERTY AS DESCRIBED IN OFFICIAL RECORDS BOOK 2610. PAGE 436; THENCE SOUTH 00 DEGREES 00 MINUTES 00 SECONDS EAST ALONG THE EAST LINE OF SAID REAL PROPERTY AND PARALLEL WITH THE EAST LINE OF SAID LOT 34 FOR 160.00 FEET TO THE POINT OF BEGINNING. OR 9112 P 299

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: Olde City Realty LLC
Listed By: Kacee Bidnick
Added: May 27 Changed: Aug 30 Last Checked: Sep 2 at 3:06AM
MLS# 683316

Copyright © 2026 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2.7379-acre land parcel is located in Pensacola, Florida. The property is zoned HDMU, and the seller has approved plans for five sets of quadplexes. The property could also accommodate more duplexes with plan modifications.

Key Highlights

  • Zoned HDMU offering various development possibilities.
  • Seller has approved plans for 5 sets of quadplexes, streamlining the building process.
  • Potential to build duplexes with plan changes, providing flexibility in design.

Property Analytics

Current Use

Y U DUMMBb? ... High School

Suggested Use

Top Pick Real Estate Agency Restaurant Hair Salon Spa & Massage Center Pharmacy Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

131
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Land in Pensacola, FL with approved quadplex plans.
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 offering various development possibilities.; Seller has approved plans for 5 sets of quadplexes, streamlining the building process.; Potential to build duplexes with plan changes, providing flexibility in design.
More about this property
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