# 500 E Olive Rd, Pensacola, FL 32514

> **TL;DR:** land, $480,000. Est. $2,567/mo. Listed 98 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $480,000 |
| Lot Size | 119,263 sqft (2.74 acres) |
| Property Type | Land (Other) |
| Status | Active |
| Days on Market | 98 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,427 |
| Estimated Insurance | $140 |
| **Total** | **$2,567** |

## Nearby Schools

- **Elementary:** Ensley
- **Middle:** FERRY PASS
- **High:** Pine Forest

## Property Highlights

- 2.74 acre lot

## Description

### AI Summary
A 2.74-acre land parcel at 500 E Olive Rd in Pensacola, Florida, offers HDMU zoning and seller-approved plans for five sets of quadplexes. The property is listed at $480,000 and is offered as land with no bedrooms or bathrooms. The approved plans provide a defined development concept, while the seller notes that additional duplexes may be possible if the plans are changed. This listing presents the property, zoning, and existing plan details for consideration by buyers evaluating residential development opportunities in Pensacola. No completed structures or residential improvements are specified in the available listing information. The parcel’s size, HDMU zoning, and approved quadplex plans are the primary features described for this property.

### Agent Description
ZONED HDMU Seller has approved plans for 5 sets of quadplexes.... you can do more dulplexes if you change the plans

## Location

- **Address:** 500 E Olive Rd, Pensacola, FL 32514
- **County:** Escambia - Fl
- **Coordinates:** 30.511354, -87.246379
- **Google Maps:** https://www.google.com/maps?q=30.511354,-87.246379

## Listing Agent

- **Name:** Kacee Bidnick
- **Brokerage:** Olde City Realty LLC
- **Phone:** 8503327700
- **Broker Phone:** 8503327700
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/500-E-Olive-Rd_Pensacola_FL_32514_M94859-60377?f=listhub&s=PARFL&m=683316&c=propsimple)

## Photos

![500 E Olive Rd - Photo 1](http://lh.rdcpix.com/14261f09c3a3c7ede9a4bc62d7ad08dbl-f2135223137r.jpg)

![500 E Olive Rd - Photo 2](http://lh.rdcpix.com/14261f09c3a3c7ede9a4bc62d7ad08dbl-f3317198490r.jpg)

![500 E Olive Rd - Photo 3](http://lh.rdcpix.com/14261f09c3a3c7ede9a4bc62d7ad08dbl-f1035029222r.jpg)

---

**MLS#:** 683316 | **Updated:** 2026-05-31
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/500-e-olive-rd-pensacola-fl-32514-l683316)

---

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