Attention Investors - Here you go - 9 Units (3) are 2 Bedroom,1 Bath and (6) are 1 Bedroom, 1 Bath - 2 Bedrooms rent for $435 to $450 and 1 Bedrooms for $375 - Some central units have been replaced with window units - great potential for rental income. All units are rented at this time. Easy access to Hwy 29, Davis Hwy and I-10.
9 Unit Northeast Pensacola Multi-Family Offering: The apartment units within this unique offering are all electric with one bedroom (624SF) and two bedroom (780SF) floor plans. This property is in good condition built with block construction on concrete slab foundation with stucco finished fascia and central heating and air. Truly a solid investment with stable tenants in a highly desired location. The Property just needs a little work and is priced accordingly. This your opportunity to own 9 rental units in the heart of the University and Cordova Mall corridor with easy access to major traffic routes, Cordova Mall, University Mall, PJC, Sacred Heart, restaurants, shopping, and more. Drive by and call Kenneth today to discuss this great investment.
Public Records
Nov 9, 1999
Sold
$215,000
$153/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,346 (+21.4%)
$57,375 + $263,832
$321,207
2024
$5,226 (+4.0%)
2023
$5,023 (+7.1%)
2022
$4,688 (+7.1%)
2021
$4,379 (+4.1%)
$60,563 + $174,189
$234,752
2020
$4,204 (+4.0%)
$60,563 + $165,303
$225,866
2019
$4,041 (+1.0%)
$60,563 + $165,303
$225,866
2018
$4,000 (+3.0%)
$60,563 + $151,533
$212,096
2017
$3,884 (+3.7%)
$60,563 + $131,796
$192,359
2016
$3,744 (+10.3%)
$60,563 + $118,983
$179,546
2014
$3,394
Tax history for 671 Olive Rd
Year
Property tax
Land + Additions
Assessment*
2025
$6,346 (+21.4%)
$57,375 + $263,832
$321,207
2024
$5,226 (+4.0%)
2023
$5,023 (+7.1%)
2022
$4,688 (+7.1%)
2021
$4,379 (+4.1%)
$60,563 + $174,189
$234,752
2020
$4,204 (+4.0%)
$60,563 + $165,303
$225,866
2019
$4,041 (+1.0%)
$60,563 + $165,303
$225,866
2018
$4,000 (+3.0%)
$60,563 + $151,533
$212,096
2017
$3,884 (+3.7%)
$60,563 + $131,796
$192,359
2016
$3,744 (+10.3%)
$60,563 + $118,983
$179,546
2014
$3,394
*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
3
Stories
1
Lot width
—
Lot depth
—
Lot size
0.85 Acres
Year renovated
1973
Sq. Ft.
2,028
Year built
1973
Style
Other
County
Escambia County
APN
201S302101013001
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 19, 2026.
MDR
Medium Density Residential District
The medium density residential (MDR) district establishes appropriate areas and land use regulations for residential uses at medium densities within suburban or 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 than the low density residential district. Residential uses within the MDR district are limited to single-family and two-family dwellings. The district allows non-residential uses that are compatible with suburban and urban residential neighborhoods.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Single unit
Housing-Multiple units
Infrastructure
Marina
Housing-Mobile home park
Park & open space
Property details
Parking
Parking / Garage Information
Has Open Parking
Parking Features: Driveway
Interior
Bathroom Information
# of Bathrooms (Full): 3
Interior Features
Flooring: Vinyl, Carpet
Window Features: Blinds
Interior Features: Ceiling Fan(s), Central Vacuum
Exterior
Exterior Features
Allows Horses: No
Patio And Porch Features: Patio
Roof: Composition
Lot Information
Lot Size Units: Acres
Lot Features: Corner Lot
Land Information
Water Source: Public
Property Information
Property Condition: Resale
New Construction: No
Appliances: Electric Water Heater
Road Responsibility: County Maintained Road
Building Information
Building Area Total: 6,084
Building Area Units: Square Feet
Levels: One
Construction Materials: Block
Financial
Tax Information
Tax Legal Description: Metes and Bounds with approx. .85 acre lot
Utilities
Utility Information
Electric: Circuit Breakers
Heating & Cooling
Has Cooling
Has Heating
Cooling: Central Air, Wall/Window Unit(s)
Heating: Central
Location
Location Details
Directions: Davis Hwy to West on Olive Rd, property will be on the left.
Public facts
Beds: —
Baths: 3.0
Sq. Ft.: 2,028
Stories: 1.0
Lot Size: 0.85 acres
Style: Other
Year Built: 1973
Year Renovated: 1973
County: Escambia County
APN: 201S302101013001
Home facts updated by county records on Oct 19, 2026
Around this home
Schools
Ensley Elementary School
Public PreK-5 • Assigned • 0.6mi
2/10
Ferry Pass Middle School
Public 6-8 • Assigned • 2.7mi
4/10
Pine Forest High School
Public 9-12 • Assigned • 3.4mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 106° expected this year, 21 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Pensacola, FL • 32514
Average low and high temperatures (°F)
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88
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62
73
56
64
46
Jan
Feb
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Sun exposure
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