$550,000
- 4 Beds
- 3 Baths
- 3,028 Sq Ft
4177 Equestrian Blvd, Pace, FL 32571

Timothy Whittemore
LPT Realty LLC
(850) 979-8716
$550,000
4177 Equestrian Blvd, Pace, FL 32571
Timothy Whittemore
LPT Realty LLC
(850) 979-8716
$309,000
3217 Wallace Lake Rd, Pace, FL 32571
Lynn Green Coldwell Banker Realty
Pace, FL, an up-and-coming community near Pensacola, has grown by over 20 percent since 2020. Home to 27,000 residents, it is strategically located between Pensacola and Milton, making it convenient for families with parents working in different cities. The area features new construction homes and ongoing commercial developments, with Naval Air Stations Whiting Field and Pensacola less than 25 miles away. Housing options range from suburban subdivisions with homes built between the 1990s and late 2010s to custom builds with golf course views or multi-acre lots. The median home price in Pace is about $340,000, nearly 20 percent below Florida’s median.
Pace offers a variety of things to do, including access to Escambia Bay via public boat ramps and proximity to Pensacola Beach. Recreational facilities like Stonebrook Golf Club, Santa Rosa Sports Plex, and Benny Russell Park provide year-round activities for families. The community also features the Oops Alley Family Entertainment Center and a relocated Saturday Flea Market on Woodbine Road. Shopping and dining are concentrated in Pea Ridge, with typical franchises and stores, and Five Points, the rapidly developing heart of Pace with new fast-food options and national retailers.
Pace is served by the highly rated Santa Rosa County School District, recognized as a designated Purple Star District for its support of military-connected students. U.S. Route 90 is the primary highway, leading to Downtown Pensacola in about 15 miles and providing access to Pensacola International Airport. The area is prone to hurricanes and coastal flooding.
On average, homes in Pace, FL sell after 91 days on the market compared to the national average of 52 days. The median sale price for homes in Pace, FL over the last 12 months is $345,000, up 6% from the median home sale price over the previous 12 months.
In Pace, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $309,000 to $550,000, there's a range to accomodate every budget. As of September, 2025 the median home price in Pace is $364,450, while the average sale price is $380,403, offering insights into the local housing market. On average, multi-family homes spend 91 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Pace, FL.