720 E OLIVE ROAD, PENSACOLA, FL, 32514
Active703 days on marketListed Aug 30, 2024MLS #O6226991
About this home
720 E OLIVE ROAD
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.
Facts & features
The home at a glance
7.78 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$3,798 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$3,798/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Pensacola
Get to know Pensacola. See the full Pensacola guide →
PENSACOLA 32514 — neighborhood snapshot
Population
43,072
Median age
34.9
Median income
$66,484
Median home value
$241,300
Avg household
2.25
Households w/ children
4,890
For the school run
Escambia County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Pensacola market
$120K → $194K
Pensacola median sold, yr/yr
91.7%
Sale-to-list ratio (12 mo)
Median sold price, Pensacola, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 56% above the PENSACOLA 32514 median. See the full Pensacola market guide →
Paper trail
This home's history
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Robert Holmgren
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 720 E OLIVE ROAD — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 720 E OLIVE ROAD — before you fall in love.
See it in person
Schedule a tour
Live availability from Robert's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
720 E OLIVE ROAD FAQs
What would the monthly payment be for 720 E OLIVE ROAD?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $3,798/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 720 E OLIVE ROAD?+
The most recent tax bill on record (2023) was $23. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Pensacola?+
At $630,000, this home is listed about 110% above the Pensacola median of $299,777. The market section on this page shows how the area is trending.
Which schools are assigned to 720 E OLIVE ROAD?+
Ferry Pass Middle School (middle), Ferry Pass Elementary School (elementary), Washington Senior High School (high) — Escambia County School District. Always verify school assignments with the district before relying on them.
Listing courtesy of KELLY RIGHT REAL ESTATE · Samih Sadiq. MLS #O6226991.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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