$150,000 Price Analysis 906 W Banfill AveBonifay, FL 32425 3 bed 1 bath 1,380 SqFt ($108/SqFt) 7.54 acre lot. Built 1920 Listed 2023-08-28, Taxes $862 | ✓ USDA Eligible near Bonifay, FL |
SELLER WILL CONSIDER BACKUP OFFERSAsk about 3.5% down rehab loans. Nestled within the heart of a rapidly expanding region that cherishes its small-town charm while embracing growth, this exceptional property presents a unique opportunity for those with a vision. Spanning over 7.57 mostly cleared acres adorned with producing pecan trees, the land offers a blend of natural beauty and practicality. Its potential for subdivision, free from restrictions, opens up infinite possibilities for development or creating your own private haven.At the heart of this estate stands a historic home, a testament to time awaiting a new chapter. While it requires extensive renvation, its solid bones and functional essentials - including water, electric service, a four-year-old propane wall heater, newer single-hung windows in most areas and solid wood kitchen cabinets - make it a canvas ready for transformation. The huge covered front porch adds a welcoming touch, inviting imaginations to envision its restored glory.Complementing the main residence is a sturdy block garage feat uring a workroom and a covered back porch area, perfect for projects or simply enjoying the serene surroundings.
The property is priced at land value, yet includes the added benefits of a septic system and city water connection to the home, underscoring the incredible investment opportunity it represents.Located 2 miles from I-10, this property offers convenient access to major transportation routes, placing historic Bonifay, Chipley, Panama City Beach and Dothan, Alabama, within easy reach. The area is experiencing growth, attracting specialty retailers, new restaurants and hosting events that celebrate its heritage and community spirit - from farmers markets and holiday festivals to rodeos and splash parks.This property is not a piece of land; it's a gateway to a lifestyle that balances the tranquility of country living with the vibrancy of a community on the rise. Whether you're looking to create your dream home while living on-site, develop the land or invest in the area's growth, this offering is a rare find. With its combination of natural beauty, strategic location and untapped potential, it invites you to be part of something truly special. Don't miss the chance to make your mark in a place where history meets opportunity.
Presented by Dawn M Dezendorf at
Counts Real Estate Group - Thomas Drive.
Property MLS #745803 from CPARMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $36,294 + $21,196 $57,490 | $862 |
2021 | $34,411 + $21,196 $55,607 | $854 |
2020 | $32,031 + $20,439 $52,470 | $808 |
2019 | $32,031 + $20,439 $52,470 | $817 |
2018 | $31,716 + $20,439 $52,155 | $821 |
2017 | $31,716 + $20,439 $52,155 | $838 |
2016 | $31,716 + $20,439 $52,155 | $845 |
2015 | $31,089 + $20,439 $51,528 | $861 |
2014 | $unknown + $unknown $51,528 | $865 |
2013 | $unknown + $unknown $52,966 | $905 |
2012 | $unknown + $unknown $52,966 | $841 |
2011 | $unknown + $unknown $56,230 | $895 |
2010 | $unknown + $unknown $60,111 | $960 |
2009 | $unknown + $unknown $62,004 | $981 |
2008 | $unknown + $unknown $61,674 | $951 |
2007 | $unknown + $unknown $61,013 | $902 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.