2 Bedroom/2Bath condo in Mill Ridge. This downstairs unit has an open floor plan with living/dining area overlooking a screened patio with large oak trees that provide a peaceful place for relaxing. Kitchen with new countertops and new energy efficient appliances. Beautiful new flooring throughout the unit. Single car garage. Convenient location to the interstate, restaurants, shopping and hospitals. Units in Mill Ridge don't become available very often, so this home won't last long.
CondoProperty Type
1982Year Built
1.24 acresLot Size
$130Est. Price/Sq.Ft.
1 car garageParking
Listed by Edward Grayson• Levin Rinke Realty
Bought with Milly Burleson• Coldwell Banker Realty
Live among the OAKS! You'll love this northeast location, not to mention the peace and quiet offered by this 16 unit complex, which is surrounded by mature oaks, manicured lawns, and blooming flowerbeds. Most owners are retired and enjoy helping and socializing within this small exclusive community. Ideal for retirees or snowbirds looking for a second home. This Pensacola home is immaculate and located on the ground floor. It shares a common foyer and security exterior doors.The home comes with a cozy wood burning fireplace for those cool evenings and a screened porch for those summer afternoons. The full sized kitchen has been updated and features a walk-in pantry. The entire unit has been newly painted and remodeled with new tile flooring in the kitchen, baths, and utility and maple laminate wood flooring throughout! It has a screened porch and a secure keyed front entry. The unit also comes with a one car garage with automatic opener. The garage has a loft for storage and a small workshop area and entry into the common foyer. The association is very financially solvent adding protection against future costs and is managed by an independent property management company. The grounds are beautiful and maintained well. The floor plan is open and includes two nice sized bedrooms and two full baths. It also has an inside utility room and a walk-in closet in the master. The kitchen has ample counter space, cabinets and a walk in pantry. This unit is in building 2 and is one of four units inside Building 2. Mill Ridge is located on E. Olive close to Scenic Highway and Pensacola Bay. It is close to two area hospitals, shopping and is within walking distance to the Bay. Condo fee is $370 per month although owners can elect to pay less per month and pay a $1000 annual insurance assessment. Sold by owner but realtors are welcome. Not interested in renting or rent to own. No owner financing.
PARMLS #378615
Apr 22, 2010
Listing Removed
—
Oct 22, 2009
Listed
$125,000
$111/sq ft
PARMLS #330900
Nov 16, 2007
Listing Removed
—
Jun 15, 2007
Listed
$137,000
$121/sq ft
Public Records
Mar 1, 1992
Sold
$40,000
$35/sq ft
Public Records
Nov 1, 1982
Sold
$53,900
$48/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$935 (+21.1%)
2024
$772 (+1.9%)
2023
$758 (+3.6%)
2022
$732 (+1.2%)
2021
$723 (+2.3%)
2020
$707 (+2.7%)
2019
$688 (+0.8%)
2018
$682 (+1.0%)
2017
$676 (−30.8%)
$76,850
2016
$977 (+9.9%)
$58,500
2014
$889
Tax history for 4831 Olive Rd Unit 2C
Year
Property tax
Land + Additions
Assessment*
2025
$935 (+21.1%)
2024
$772 (+1.9%)
2023
$758 (+3.6%)
2022
$732 (+1.2%)
2021
$723 (+2.3%)
2020
$707 (+2.7%)
2019
$688 (+0.8%)
2018
$682 (+1.0%)
2017
$676 (−30.8%)
$76,850
2016
$977 (+9.9%)
$58,500
2014
$889
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
—
Year renovated
1982
Sq. Ft.
1,128
Year built
1982
Style
Condo/Co-op
County
Escambia County
APN
051S291009003002
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 19, 2026.
HDR
High Density Residential District
The high density residential (HDR) district establishes appropriate areas and land use regulations for residential uses at high densities within urban areas. The primary intent of the district is to provide for residential neighborhood development in an efficient urban pattern of well-connected streets and at greater dwelling unit density and diversity than the medium density residential district. Residential uses within the HDR district include most forms of single-family, two-family and multifamily dwellings. Nonresidential uses within the district are limited to those that are compatible with urban residential neighborhoods.
Permitted uses
Include but are not limited to:
Agriculture
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Student
Infrastructure
Marina
Housing-Mobile home park
Park & open space
Property details
Parking
Parking / Garage Information
# of Total Parking Spaces: 1
# of Garage Spaces: 1
Covered Spaces: 1
Has Garage
Has Attached Garage
Parking Features: Garage, Garage Door Opener
Interior
Bedroom 1 Information
Bedroom Level: First
Bedroom Width: 9
Bedroom Length: 11
Bedroom Area: 99
Bathroom Information
# of Bathrooms (Full): 2
# of Bathrooms (1/2): 0
Room Bathroom Features: Not Updated
Dining Room Information
Dining Room Level: First
Dining Room Width: 9
Dining Room Length: 10
Dining Room Area: 90
Dining Room Features: Living/Dining Combo
Living Room Information
Living Room Level: First
Living Room Width: 12
Living Room Length: 19
Living Room Area: 228
Kitchen Information
Kitchen Features: Not Updated, Pantry, Tile Counters
Kitchen Update Remarks: New porcelain countertops installed within the past month. New energy efficient appliances within the past year.
Interior Features
Flooring: Tile, Laminate
Window Features: Some Drapes
Exterior
Exterior Features
Exterior Features: Sprinkler
Allows Horses: No
Roof: Composition
Lot Information
Lot Size Acres: 1.2392
Lot Size Area: 1.2392
Lot Size Units: Acres
Lot Features: Interior Lot
Land Information
Water Source: Public
Property Information
Property Condition: Resale
New Construction: No
Homestead: Yes
Green Energy Efficient: Appliances
Has Fireplace
Appliances: Electric Water Heater, Built In Microwave, Refrigerator, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Appliances
Laundry Features: W/D Hookups
Road Surface Type: Paved
Road Responsibility: County Maintained Road
Building Information
Building Name: Mill Ridge Condo
Building Area Total: 1,128
Building Area Units: Square Feet
Foundation Details: Slab
Levels: One, Ground Floor
Construction Materials: Brick, Frame
Financial
Tax Information
Tax Legal Description: UNIT 2-C MILL RIDGE CONDOMINIUM ALSO 1/16TH INT IN COMMON ELEMENTS OR 7276 P 575 OR 7587 P 563
Utilities
Utility Information
Electric: Copper Wiring
Sewer: Public Sewer
Heating & Cooling
Has Cooling
Cooling: Central Air, Ceiling Fan(s)
Heating: Fireplace(s)
Location
HOA Information
Association YN: Yes
Association Fee: $4,400
Association Fee Frequency: Annually
Association Fee Includes: Association, Maintenance Grounds, Trash
Location Details
Directions: Travel north on Scenic Highway and turn left at Olive Road. The entrance to Mill Ridge is the first left after you turn on Olive Road.
Public facts
Beds: —
Baths: 2.0
Sq. Ft.: 1,128
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1982
Year Renovated: 1982
County: Escambia County
APN: 051S291009003002
Home facts updated by county records on Oct 19, 2026