3340 E Olive Rd | Pensacola, FL 32514
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3340 E Olive Rd
Pensacola, FL 32514
Land For Sale · 2.36 AC
Investment Highlights
- Zoned HDMU - High Density Mixed Use
- Mixed-use potential for commercial and residential space
- Potential for high-demand rental market
- Ideal for multifamily development
- Proximity to amenities and transportation
- Site plan and survey available
Executive Summary
Check out this 2.35-acre corner lot with frontage of 290 feet on the recently expanded and refreshed East Olive Road. The major improvements include upgraded drainage systems and utilities, bike lanes, sidewalks and improved water quality with the addition of two new stormwater ponds.
The current zoning permits a blend of commercial/retail ventures and multi-family housing, offering versatile development possibilities. For more detail on HDMU zoning copy and paste this link, https://tinyurl.com/ESCZoneHDMU
A short drive to University of West Florida, West Florida Hospital, and Interstate 10, makes this area appealing given the area's growth trajectory and demand for more accessible multi-family housing options.
3320 Olive Road in Pensacola is located in the northern part of the city known as Ferry Pass. It is a great mix of residential and commercial. The area has various businesses, including retail stores, restaurants, and offices and is surrounded by residential neighborhoods, schools, and parks, It's really an awesome diverse and vibrant community! Olive Road is a main thoroughfare that connects to major roads such as Davis Highway and Scenic Hwy, providing convenient access to other parts of Pensacola and the wider region.
The current zoning permits a blend of commercial/retail ventures and multi-family housing, offering versatile development possibilities. For more detail on HDMU zoning copy and paste this link, https://tinyurl.com/ESCZoneHDMU
A short drive to University of West Florida, West Florida Hospital, and Interstate 10, makes this area appealing given the area's growth trajectory and demand for more accessible multi-family housing options.
3320 Olive Road in Pensacola is located in the northern part of the city known as Ferry Pass. It is a great mix of residential and commercial. The area has various businesses, including retail stores, restaurants, and offices and is surrounded by residential neighborhoods, schools, and parks, It's really an awesome diverse and vibrant community! Olive Road is a main thoroughfare that connects to major roads such as Davis Highway and Scenic Hwy, providing convenient access to other parts of Pensacola and the wider region.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 2.36 AC |
| Property Type | Land |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 2.36 AC |
1 Lot Available
Lot
| Price | $500,000 | Lot Size | 2.36 AC |
| Price Per AC | $211,864 |
| Price | $500,000 |
| Price Per AC | $211,864 |
| Lot Size | 2.36 AC |
zoning
| Zoning Code | HDR-PB |
| HDR-PB |
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