$189,000
$21K PRICE DROP

4831 E Olive Rd Unit 2A Pensacola, FL 32514

Ferry Pass Neighborhood

Estimated payment $1,541/month

Total Views 9,774
2 Beds
2 Baths
1,319 Sq Ft
$143 Price per Sq Ft

Highlights

  • 1.24 Acre Lot
  • Breakfast Area or Nook
  • 1 Car Garage
  • Traditional Architecture
  • Cooling Available
  • Vinyl Flooring

About This Home

Enjoy this conveniently located condo in Pensacola near Scenic Hwy. The master bedroom is larger than most in this complex due to combining the space from a second bedroom allowing for a much larger space measuring 28' X 16'. The living room offers a wood burning fire place and all the windows have recently been updated and replaced along with new LVP flooring. It's a short 13 mile drive to arrive to the white sand beaches of Pensacola Beach from this condo.

Listing Agent

Aaron Edwards

Levin Rinke Realty Brokerage Email: aaron.lee.edwards@gmail.com Listed on: 06/03/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $584

Year Built

  • Built in 1982

HOA Fees

  • $470 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,319 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Scenic Heights Elementary School
  • Ferry Pass Middle School
  • Washington High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Association fees include ground maintenance, management, pest control, trash, water/sewer
  • Mill Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 051S291009001002

Property Details

Home Type

Condominium

Est. Annual Taxes

$584

Year Built

Built in 1982

Lot Details

0

HOA Fees

$470 per month

Parking

1

Listing Details

  • Stories: 1
  • Parcel Number: 051S291009001002
  • Property Type: Residential
  • Year Built: 1982
  • Electric: Copper Wiring
  • Property Sub Type: Condo
  • Horses: No
  • Lot Size Acres: 1.24
  • Road Surface Type: Paved
  • Subdivision Name: Mill Ridge
  • Directions: Scenic Hwy to E Olive Rd. Condo on left.
  • Architectural Style: Traditional
  • Building Name: Mill Ridge Condo
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Heat Pump
  • Attribution Contact: aaron.lee.edwards@gmail.com
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Vinyl
  • Living Area: 1319
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Breakfast Room/Nook
  • Living Room Living Room Level: First
  • Room Kitchen Features: Not Updated
  • Room Living Room Area: 240
  • Dining Room Dining Room Level: First
  • Room Dining Room Area: 100

Exterior Features

  • Roof: Shingle
  • Pool Features: None
  • Construction Type: Brick
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Garage
  • Total Parking Spaces: 1

Utilities

  • Heating: Heat Pump
  • Cooling: Heat Pump
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 5640
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Association, Maintenance Grounds, Management, Pest Control, Trash, Water/Sewer

Schools

  • Elementary School: Scenic Heights
  • High School: Washington
  • Middle Or Junior School: FERRY PASS

Lot Info

  • Lot Size Sq Ft: 54014.4
  • Zoning Description: Res Multi

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $584 $77,008 -- --
2023 $584 $74,766 $0 $0
2022 $579 $72,589 $0 $0
2021 $587 $70,475 $0 $0
2020 $581 $69,502 $0 $0
2019 $577 $67,940 $0 $0
2018 $581 $66,674 $0 $0
2017 $585 $65,303 $0 $0
2016 $586 $63,960 $0 $0
2015 $566 $63,516 $0 $0
2014 $556 $63,012 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2025 09/06/25 Price Changed $189,000 -2.6% $143 / Sq Ft
08/15/2025 08/15/25 Price Changed $194,000 -2.5% $147 / Sq Ft
06/19/2025 06/19/25 Price Changed $199,000 -5.2% $151 / Sq Ft
06/03/2025 06/03/25 For Sale $210,000 -- $159 / Sq Ft
Source: Pensacola Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $75,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $76,500 New Conventional
Closed $72,750 FHA
Source: Public Records

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Source: Pensacola Association of REALTORS®

MLS Number: 665355

Pensacola Association of REALTORS®

APN: 05-1S-29-1009-001-002