3320 Olive RdPensacola, FL 32514

Property Details for 3320 Olive Rd

Lot size

2.36 AC

Property type

Other commercial real estate

Property subtype

Multifamily properties

Description

This exceptional 2.35-acre commercial lot in Pensacola, Florida, presents a unique investment opportunity. Located at 3320 E Olive Rd (APN 171S301402000000), this Class A property boasts 290 feet of frontage on the recently improved East Olive Road, featuring upgraded drainage, utilities, bike lanes, sidewalks, and new stormwater ponds. The High Density Mixed Use (HDMU) zoning allows for a blend of commercial/retail and multi-family development, catering to the area's growing demand for housing and convenient amenities. Its strategic location offers easy access to the University of West Florida, West Florida Hospital, and Interstate 10, ensuring high visibility and accessibility. The property is currently vacant and ready for development. Detailed site plans and surveys are available. This is an ideal location for a mixed-use project capitalizing on the area's growth trajectory and the potential for a high-demand rental market. The asking price is $500,000. Don't miss this chance to acquire a prime development site in a thriving Pensacola location. Further zoning details are available via the provided link.

Location Insight

City

Pensacola

County

Escambia

State

Florida

Latitude

30.5101

Longitude

-87.1966

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