Active
338,897 Lot Size7.78 Acres
720 E Olive Rd, Pensacola, FL 32514
Est: $3,204/moGet pre-approved
LandProperty Type
7.78 acresLot Size

Description

Exceptional opportunity to own a 7.78-acre vacant property at 720 E Olive Road, Pensacola, FL 32514. "Zoning: HDMU" This expansive parcel offers tremendous versatility for a custom estate, developing multiple units or holding as a prime long-term investment in a rapidly growing area. Located near major roadways, shopping, schools, and medical facilities, the property provides both privacy and convenience. Pin Location: Latitude 30.51236422, Longitude -87.24299860. Note: buyers I emphasize the importance...Exceptional opportunity to own a 7.78-acre vacant property at 720 E Olive Road, Pensacola, FL 32514. "Zoning: HDMU" This expansive parcel offers tremendous versatility for a custom estate, developing multiple units or holding as a prime long-term investment in a rapidly growing area. Located near major roadways, shopping, schools, and medical facilities, the property provides both privacy and convenience. Pin Location: Latitude 30.51236422, Longitude -87.24299860. Note: buyers I emphasize the importance of conducting thorough due diligence to ensure that the property meets your expectations and requirements.
739 days on Market
  • Listed by: Samih Sadiq 407.666.7699 qa.samih@gmail.com Brokerage DRE #1051130 • KELLY RIGHT REAL ESTATE
Last updated: 07/29/2026 04:09 AM • Source: MFRMLS, MLS#: O6226991

Location

Listing Courtesy of KELLY RIGHT REAL ESTATE
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Payment Calculator

$3,204 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,202

Property Taxes

$2

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 720 East Olive Road

Property Details
  • Taxes: $23 / year
  • MLS Type: Land
  • Subdivision Name: MAZUREK PLANTATION
  • Township: 01S
  • Waterfront: No
Building Information
  • Lot Size: 7.78 AC
Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: 221 Palafox Pl Head north on Palafox Pl toward W Intendencia St 0.3 mi Turn right onto E Chase St 0.2 mi Slight left onto the I-110 N ramp to I-10/Airport 0.4 mi Continue onto I-110 N 5.6 mi Take exit 6 toward FL-291/Davis Hwy 1.0 mi Turn right onto FL-291 N/N Davis Hwy (signs for Univ Of West Fla) 0.6 mi Turn left onto E Olive Rd 1.3 mi 720 E Olive Rd, Pensacola, FL 32514
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Street Number: 720
  • Street Direction Prefix: E
  • Street Name: OLIVE
  • Street Suffix: ROAD
  • State: FL
  • City: PENSACOLA
Parking
  • Available For Lease: No
Taxes and HOA Information
  • Association: No
  • Tax Block: C
  • Tax Book Number: 16-22
  • Tax Legal Description: BEG AT NW COR OF LT 1 S 1021 FT E 520 1/2 FT S TO RD ELY ALG RD TO SLY PROJ OF W LI OF PROP DESC IN DB 536 P 740 N 8 DEG 49 MIN 42 SEC E 209 72/100 FT S 82 DEG 10 MIN 18 SEC E 457 64/100 FT N 9 DEG 49 MIN 34 SEC E 899 01/100 FT TO N LI OF S 1/2 OF SEC N 88 DEG 32 MIN 59 SEC W ALG N LI 1810 40/100 FT TO POB S/D OF S 1/2 PLAT DB P LESS MAZUREK PLANTATION S/D PB 16 P 22
  • Tax Lot: 1
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Size Dimensions: 835*537
  • Parcel Number: 201S302101031001
  • Total Acreage: 5 to less than 10
  • Water Access: No
  • Water Extras: No
  • Zoning: HDMU
  • Lot Dimensions: 835*537
Property and Assessments
  • Flood Zone Code: X
  • Public Survey Range: 30W
  • Public Survey Section: 20
Utilities
  • Sewer: None
  • Utilities: Other
  • Water Source: None
Interior and Exterior Features
Exterior Features
  • Pool: None
  • Pool Private: No
  • Waterfront Feet Total: 0
Interior Features
  • Living Area Units: Square Feet
  • Water View: No

Property History for 720 East Olive Road

DateEvent & SourcePriceAppreciation
Aug 29, 2024

Listed (Active)

MFRMLS #O6226991

$630,000
DateEvent & SourcePrice
08/29/2024

Listed (Active)

MFRMLS #O6226991

$630,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 720 East Olive Road

Taxable ValueLand$2,723Additions-Total$2,723
Tax Record2025$36 ($3 / month)
Home Facts
Lot Size338,897 SqFtStyleWaste Land / MarshesZoningHDMUCountyESCAMBIAAPN20-1S-30-2101-031-001

Schools near 720 East Olive Road

This home is within Escambia.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Ensley Elementary School
PublicPK to 5

Ferry Pass Middle School
Public6 to 8

Pine Forest High School
Public9 to 12

West Florida High School/Technical
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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720 East Olive Road is a 7.78 ac of land for sale in Pensacola, FL 32514. This property was listed for sale on August 30, 2024 by KELLY RIGHT REAL ESTATE, it's currently listed at $630,000. This listing's school district is Escambia. Nearby schools include Ensley Elementary School, Ferry Pass Middle School and Pine Forest High School. 720 East Olive Road is a 0-bed, 0-bath 7.78 ac of land on a 338,897 sq. ft. / 7.78 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KELLY RIGHT REAL ESTATE

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.