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3320 E Olive Rd

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Address: 3320 E Olive Rd, Pensacola, FL 32514, USA

Florida & Gulf Coast + Land/Development

Created date: March 21, 2024

Date last updated: November 13, 2024

- Zoned HDMU - High Density Mixed Use
- Ideal for multifamily development
- Mixed-use potential for commercial and residential space
- Proximity to amenities and transportation
- Potential for high-demand rental market
- Site plan and survey available

Property Description

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.

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Key Property Information

Listing Status:	Unavailable
Listing Type:	Call for offers
Property Types:	Land/Development
Price:	$500,000
Lot Size:	2.36 Sq ft
Opportunity Zone:	No
Property Website	Click Here