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Listed by Jason Mcguire • REMAX Select Partners
$ 600,000
Est. payment | /mo
4.03 Acres Lot
$ 600,000
Est. payment | /mo
4.03 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land/Acreage
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID 676185
HOA Y/N No
Lot Size 4.030 Acres
Acres 4.03
Property Sub-Type Land/Acreage
Source Pensacola MLS
Property Description
This 3.99-acre parcel presents a rare development opportunity in a high-demand Pensacola corridor. Zoned HDR/HDMU, the property is well suited for high-density residential or mixed-use development and offers strong visibility and access along heavily traveled Olive Road, with the added benefit of secondary road frontage to support flexible site design and circulation. A previously approved 98-unit residential project totaling approximately 51,000 square feet of heated space was substantially through the approval process, allowing a new developer to capitalize on significant time and soft cost savings compared to starting from scratch. Surveys, environmental reports, and key county approvals have already been completed, reducing entitlement risk and accelerating timelines. Alternatively, the site offers a blank canvas for a new development vision, making this an ideal acquisition for investors or developers seeking flexibility, speed to market, and long-term upside in a growing area.
Location
State FL
County Escambia - Fl
Zoning Res Multi,High Density Mixed Use
Exterior
Utilities Available Sewer Available
Waterfront Description No Waterfront,No Waterfront Features
View Y/N No
Building
Lot Description Wooded, Central Access, Corner Lot, Curb/Gutter
Faces 2800 Blk of Olive Rd - Corner of Olive Rd and Caminitti Rd
Water Public
New Construction No
Others
Tax ID 171S302101000116
Special Listing Condition As Is