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Stephanie Flounlacker

s.flounlacker@ave-realty.com +1(850) 206-6525

Listed by Elizabeth Ranieri-Sorrells • REMAX Select Partners

$ 199,000

Est. payment | -/mo

2 Beds

2 Baths

1,218 SqFt

Save

$ 199,000

Est. payment | -/mo

Save

2 Beds

2 Baths

1,218 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,218 sqft

Price per Sqft $163

MLS Listing ID 686454

Style Traditional

Bedrooms 2

Full Baths 2

HOA Y/N No

Year Built 1925

Lot Size 0.340 Acres

Acres 0.34

Property Sub-Type Single Family Residence

Source Pensacola MLS

Property Description

Endless possibilities await with this unique property featuring a main home and detached ADU tucked away on a private cul-de-sac in the heart of Pace! Conveniently located with easy access to Highway 90, Milton, and Pensacola, this R1M-zoned property sits on a spacious .35-acre lot and offers incredible flexibility for homeowners and investors alike. The main house features 2 bedrooms, 2 full baths, a large kitchen, dedicated laundry room, and low-maintenance tile flooring throughout. Originally built in 1925, the home has been updated with a new roof, central air conditioning, and has an effective age of 1970. The side two-car carport provides covered parking for one or both units with sidewalks connecting both. The detached 1-bedroom, 1-bath apartment, built in 1970, offers its own private driveway, private entrance, and low-maintenance tile flooring, making it ideal for rental income, guests, or extended family. The large lot offers plenty of outdoor space and a shed for added storage. Whether you're an investor looking to add a proven income-producing property to your portfolio, a homeowner wanting to offset your mortgage by renting the ADU, or searching for the perfect multi-generational living arrangement, this property checks all the boxes. Both the main home and detached apartment are currently rented on month-to-month leases with long-term tenants, providing immediate income potential while maintaining flexibility for future plans.

Location

State FL

County Santa Rosa

Zoning Res Multi

Rooms

Other Rooms Guest House, Detached Self Contained Living Area

Dining Room Living/Dining Combo

Kitchen Updated

Interior

Heating Central, Wall/Window Unit(s)

Cooling Central Air, Wall/Window Unit(s)

Flooring Tile

Appliance Water Heater, Dishwasher

Exterior

Parking Features 2 Car Carport, Guest, Side Entrance

Carport Spaces 2

Fence Chain Link

Pool None

View Y/N No

Roof Type Shingle

Total Parking Spaces 2

Garage No

Building

Lot Description Central Access, Cul-De-Sac

Faces HWY 90 TO STEPHENS RD, SOUTH ON STEPHENS AND EAST ON WILKES, PROPERTY IS AT END OF WILKES RD.

Story 1

Water Public

Structure Type Frame

New Construction No

Others

HOA Fee Include None

Tax ID 231N291210056000010

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(850) 206-6525

s.flounlacker@ave-realty.com

1500 W Romana St, Pensacola, FL, 32502, USA

4040 Wilkes St Pace, FL 32571

Stephanie Flounlacker

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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4040 Wilkes St