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
$199,500
4831 E Olive Rd APT 3B, Pensacola, FL 32514
3beds
1,319sqft
Townhouse
Built in 1983
-- sqft lot
$199,500 Zestimate®
$151/sqft
$470/mo HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: April 21, 2025 at 11:56am
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
Primary bedroom
- Level: Second
- Area: 182.25
- Dimensions: 13.5 x 13.5
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, Walk-In Closet(s)
- 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
Services availability

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$199,500
2% more+ $3,990
With Showcase(estimated)
$203,490