This spacious 3-bedroom residence features a flexible layout, including a dedicated dining area, a charming breakfast nook, and a cozy wood-burning fireplace that adds a touch of comfort and ambiance. The in-unit laundry and private garage provide everyday ease, while two beautifully updated bathrooms offer modern style—one featuring a sleek walk-in shower. With a motivated seller, this is an excellent opportunity to make this home your own. Step onto the balcony and enjoy seasonal Bay views, a serene retreat depending on the foliage. With low-maintenance living, the association takes care of exterior maintenance, water, pest control, and exterior insurance, allowing you to focus on enjoying all that this home and community have to offer. Perfectly positioned in the heart of Pensacola, this condo provides convenient access to the area’s beautiful beaches, vibrant downtown, and a variety of dining, shopping, and entertainment options. Whether you’re exploring local history or embracing outdoor adventures along the Gulf Coast, this location offers the best of coastal living.
Sold for $199,500
$199,500
4831 E Olive Rd APT 3B, Pensacola, FL 32514
3beds
1,319sqft
Townhouse
Built in 1983
-- sqft lot
$198,400 Zestimate®
$151/sqft
$1,554 Estimated rent
Home value
$198,400
$177,000 - $222,000
$1,554/mo
Zestimate® history
Loading...
Owner options
List your home for rent
$1,554/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
Learn more$1,554/mo
Rent Zestimate®
Refinance and save
$6,887/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
See today's rates$6,887/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: March 04, 2026 at 07:20pm
Listed by:
Beth Stage 850-607-0237,
Key Impressions LLC
Bought with:
Cinnamon Reed
KELLER WILLIAMS REALTY GULF COAST
Source: PAR,MLS#: 657602
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Dining room
- Level: Second
- Area: 100
- Dimensions: 10 x 10
Living room
- Level: Second
- Area: 240
- Dimensions: 15 x 16
Heating
- Central, Fireplace(s)
Cooling
- Heat Pump, Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Water Heater, Built In Microwave, Dishwasher, Refrigerator
- Laundry: Inside, W/D Hookups
Features
- Ceiling Fan(s), Recessed Lighting
- Flooring: Tile, Simulated Wood
- Windows: Blinds, Drapes
- Has basement: No
- Has fireplace: Yes
Interior area
- Total structure area: 1,319
- Total interior livable area: 1,319 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage, Guest, Garage Door Opener
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Exterior features: Balcony, Rain Gutters
- Pool features: None
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
Lot
- Features: Cul-De-Sac
Details
- Parcel number: 051s291009002003
- Zoning description: Res Multi
Construction
Type & style
- Home type: Townhouse
- Architectural style: Traditional
- Property subtype: Townhouse
- Attached to another structure: Yes
Materials
- Brick, Frame
- Foundation: Off Grade
- Roof: Shingle,Gable
Condition
- Resale
- New construction: No
- Year built: 1983
Utilities & green energy
- Electric: Circuit Breakers, Copper Wiring
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Underground Utilities
Green energy
- Energy efficient items: Heat Pump
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Pensacola
- Subdivision: Mill Ridge
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $5,640 annually
- Services included: Association, Maintenance Grounds, Pest Control, Trash, Water/Sewer
Other
Other facts
- Price range: $199.5K - $199.5K
Price history
| Date | Event | Price |
|---|---|---|
| 4/21/2025 | Sold | $199,500$151/sqft |
Source:  PAR #657602 Report a problem | ||
| 4/8/2025 | Pending sale | $199,500$151/sqft |
Source: PAR #657602 Report a problem | ||
| 3/17/2025 | Contingent | $199,500$151/sqft |
Source: PAR #657602 Report a problem | ||
| 2/4/2025 | Price change | $199,500-4.5%$151/sqft |
Source: PAR #657602 Report a problem | ||
| 1/15/2025 | Listed for sale | $209,000+30.6%$158/sqft |
Source: PAR #657602 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 32514
Nearby schools
GreatSchools rating
- 4/10Scenic Heights Elementary SchoolGrades: PK-5Distance: 2.1 mi
- 4/10Ferry Pass Middle SchoolGrades: 6-8Distance: 1.5 mi
- 3/10Washington Senior High SchoolGrades: 9-12Distance: 3.2 mi
Schools provided by the listing agent
- Elementary: Scenic Heights
- Middle: FERRY PASS
- High: Washington
Source: PAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$198,400
2% more
+$3,968
With Zillow Showcase(estimated)
$202,368
- Florida
- Escambia County
- Pensacola
- 32514
- 4831 E Olive Rd Apartment 3B