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4831 E Olive Rd # 4A, Pensacola FL 32514
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4831 E Olive Rd # 4A, Pensacola FL 32514

4831 Olive Rd, Pensacola, FL, 32514

$229,000

$229,000

3

Bedrooms

2

Bathrooms

1,319

Square Feet

1.24 acres

Lot Size

1983

Year Built

$174

Price / SqFt

MLS# 691163Residential3 days on market

Listed by: OLD SOUTH PROPERTIES INC, 850-478-6363

Listing data provided by the Multiple Listing Service of the Pensacola Association of REALTORS.

About This Property

Welcome to 4831 Olive Rd, Unit 4A, a beautifully renovated, move-in-ready condo tucked away in the quiet Mill Ridge condominium of just 16 units! This first-floor home offers over 1,300 square feet with 3 bedrooms, 2 full bathrooms, and an oversized attached one-car garage with additional storage! Step inside to an inviting open floor plan filled with natural light, featuring a spacious family room with a cozy fireplace and a dedicated dining area. The completely updated kitchen boasts new cabinetry, countertops, backsplash, stainless steel appliances, and a convenient breakfast bar. Just off the family room, enjoy your private access elevated deck overlooking a peaceful wooded setting with a partial glimpse of the bay through the trees. Down the hallway, you’ll find two spacious guest bedrooms, an updated hall bathroom, and a private primary suite with an updated bathroom featuring a double vanity and walk-in shower. This home has undergone an extensive top-to-bottom renovation, including updated bathrooms and beautiful finishes. Even better, the home can be sold fully furnished with an acceptable offer, making this a truly turnkey opportunity! One of the added benefits of condo living at Mill Ridge is the convenience of having several ownership expenses covered by your monthly association dues, including exterior building insurance, grounds maintenance, trash service, and association expenses. Conveniently located near shopping, dining, and everyday necessities, this beautifully updated condo offers the perfect combination of comfort, convenience, and low-maintenance living. Schedule your private showing today!

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Highlights

PoolGarageFireplaceStainless SteelOpen Floor PlanDeck

Property Details

Location & Nearby Places

Third-party data, not part of the MLS listing

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Estimate

Mortgage Calculator

Down Payment20% · $45,800
Interest Rate6.75%
Loan Term30 years

Estimated Monthly Payment

$1,465/mo

Principal & Interest$1,188
Taxes$210
Insurance$67
Loan Amount$183,200

Taxes and insurance are estimated at typical local rates; actual rates, taxes, insurance, and loan terms vary by lender and property. Figures are estimates derived from available MLS data for informational purposes only, are not guaranteed, and should not be relied upon as an appraisal or professional advice.

Fair housing & lending: These figures are informational estimates only, not a lending decision, loan offer, or extension of credit. Pelican Realty & Co. provides all housing services in accordance with the Fair Housing Act and does not discriminate on the basis of race, color, religion, sex, handicap (disability), familial status, national origin, or any other protected class.

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MLS® Disclaimer

Listing data last updated: November 15, 2026 at 1:16 AM

Copyright 2026 by the Multiple Listing Service of the Pensacola Association of REALTORS. This information is believed to be accurate but is not guaranteed.

$229,000

Pelican Realty & Co. serves home buyers and sellers across the Florida Gulf Coast, with a focus on the communities that make the Pensacola Bay area one of the most desirable places to live in the Southeast. From the historic streets and bayfront neighborhoods of Pensacola to the sugar-white shores of Pensacola Beach and Perdido Key, our agents help clients find the right home in the right setting — whether that’s a Gulf-front condo, a waterfront estate in Gulf Breeze, or a single-family home on a larger lot in Pace or Milton.

Our service area spans the Emerald Coast’s most sought-after communities, including Pensacola, Gulf Breeze, Navarre, Pace, Pensacola Beach, Milton, Perdido Key, Ferry Pass, Cantonment, and Bellview. Within each, we know the neighborhoods that define the local market — from East Hill and Cordova Park in Pensacola to Tiger Point and Oriole Beach in Gulf Breeze, the canopied streets of Bagdad in Milton, and the Gulf-front towers of Portofino on Pensacola Beach.

Whether you’re searching for a luxury waterfront home, a low-maintenance condo with rental potential, a new-construction single-family home, or acreage with room to grow, our team brings local expertise and a relationship-first approach to every transaction. Explore our community guides and active MLS listings to see what’s available in your corner of the Gulf Coast.