NOT LISTED FOR SALE

108 Wagner Rd Bonifay, FL 32425

Estimated Value: $289,460

Studio
-- Bath
6,767 Sq Ft
$43/Sq Ft Est. Value

Sale Details

Date Sold: October 18, 2024

Last sale price $300,000 $44 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,911 / mo

337 Days on Market

Highlights

  • No HOA
  • Accessible Bedroom
  • Accessible Entrance
  • Cooling Available
  • Accessible Doors
  • Accessible Hallway

About This Home

As of October 2024

So many options with this commercial building. It features 24 rooms, 4.5 bathrooms, 2 utility rooms, a kitchen, dining hall, and extra storage rooms. Currently it is being used as an assisted living facility, but it would also be great for other business ventures such as employee housing, a housing shelter, pet grooming/boarding, hair salon, boutique, medical facility, nail salon, office building, and much more. There are endless uses for the space so bring your vision! The building is older and some aspects original, but it is a concrete block construction with concrete walls, a slab, and a 2015 metal roof. The property is a little over an acre of land and is not in a flood zone. It features an asphalt parking lot, pavilion, back-up propane Generac, and storage shed. With an acceptable offer, the facility comes partially furnished. This building is located in the midst of Bonifay, right off of Hwy 79. Highway 79 is a major connecting highway that runs from Alabama all the way to the coast in Panama City Beach. You will catch all of the tourists passing by. With an annual daily average of almost 13,000 traffic count in 2023 per FDOT and a yearly increase for the last 4 years this is a great location for any business! The current usage of the building is a 16-bedroom/4.5 bath assisted living facility with 18 beds. The room configurations right now can have up to 26 beds total. To increase the capacity even further, consolidate and convert some of the other rooms into bedrooms. All of the bedrooms on the East side of the hall are large enough for 2 beds each and the West side bedrooms can have 1 bed each. The seller will consider selling business and all as it sits for $450,000. Cash or hard money only. Possible owner-financing with a substantial down payment and short term.

Last Agent to Sell the Property

Casey Owens

Elite Realty License #BK3390116 Listed on: 07/25/2024

Last Buyer's Agent

Mandie Kadel - 1424 North Bay Dr

CENTURY 21 Commander Realty License #SL3543257

CENTURY 21 Commander Realty

Property Details

Property Type

  • Other

Year Built

  • Built in 1958

Lot Details

  • 1.03 Acre Lot
  • Zoning described as Commercial

Home Design

  • Slab Foundation
  • Metal Roof

Interior Spaces

  • Ceiling Fan
  • Tile Flooring

Accessible Home Design

  • Accessible Bedroom
  • Accessible Common Area
  • Central Living Area
  • Accessible Hallway
  • Accessible Doors
  • Accessible Entrance

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • No Home Owners Association

Property Details

Property Type

Other

Year Built

Built in 1958

Lot Details

1.03 Acres

Listing Details

  • Property Type: Commercial Sale
  • Accessibility Features: Accessible Bedroom, Accessible Common Area, Accessible Central Living Area, Accessible Doors, Accessible Entrance, Accessible Hallway(s)
  • Year Built: 1958
  • Property Sub Type: Other
  • Lot Size Acres: 1.03
  • Subdivision Name: [No Recorded Subdiv]
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Possible Use: Commercial
  • Flooring: Tile

Exterior Features

  • Waterfront: No
  • Construction Type: Block
  • Foundation Details: Slab
  • Roof: Metal

Utilities

  • Utilities: Sewer Available
  • Cooling: Ceiling Fan(s)
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 44866.8
  • Mobile Dim Units: Feet
  • Zoning Description: Commercial

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2024
Closed on
Oct 16, 2024
Sold by
Ceaser Tammy
Bought by
Patel Snehal
Seller's Agent
Casey Owens
Elite Realty
Buyer's Agent
Mandie Kadel - 1424 North Bay Dr
CENTURY 21 Commander Realty
List Price
$199,999
Sold Price
$300,000
Premium/Discount to List
$100,001
50%
Views
433
Current Estimated Value
$289,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,540
Avg. Annual Appreciation
-2.37%
Original Mortgage
$100,000
Outstanding Balance
$47,816
Interest Rate
8%
Mortgage Type
Seller Take Back
Estimated Equity
$240,840

Purchase Details

Listed on
Aug 9, 2021
Closed on
Aug 20, 2021
Sold by
Hall Sandra
Bought by
Ceasar Tammy
Seller's Agent
Sean Rosenmarkel
Century 21 BE3
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$200,000
Sold Price
$180,000
Premium/Discount to List
-$20,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.55%

Purchase Details

Listed on
Aug 9, 2021
Closed on
Aug 18, 2021
Sold by
Cbhealth Ventures Inc
Bought by
Hall Sandra
Seller's Agent
Sean Rosenmarkel
Century 21 BE3
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$200,000
Sold Price
$180,000
Premium/Discount to List
-$20,000
-10%

Purchase Details

Closed on
Dec 31, 2007
Sold by
Senior Living Residences Inc
Bought by
Cbhealth Ventures Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
8%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Patel Snehal $300,000 Panhandle Land Title
Ceasar Tammy $180,000 South Oak Title Llc
Hall Sandra -- Accommodation
Cbhealth Ventures Inc $195,000 Alday Donalson Title Agencie
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Patel Snehal $100,000
Previous Owner Cbhealth Ventures Inc $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2024 10/18/24 Sold $300,000 +50.0% $44 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
09/06/2023 09/06/23 For Sale $199,999 +11.1% $30 / Sq Ft
06/20/2022 06/20/22 Off Market $180,000 -- --
08/20/2021 08/20/21 Sold $180,000 -10.0% $27 / Sq Ft View Prior Sale
08/09/2021 08/09/21 For Sale $200,000 0.0% $30 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $200,000 -- $30 / Sq Ft
Source: Central Panhandle Association of REALTORS®

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
2025 $4,108 $249,846 $44,877 $204,969
2024 $4,108 $234,634 $14,062 $220,572
2023 $4,111 $231,808 $11,250 $220,558
2022 $3,477 $231,808 $11,250 $220,558
2021 $3,563 $231,808 $11,250 $220,558
2020 $3,572 $231,808 $11,250 $220,558
2019 $3,462 $222,113 $11,250 $210,863
2018 $3,498 $222,113 $11,250 $210,863
2017 $3,569 $222,113 $11,250 $210,863
2016 $3,599 $222,113 $0 $0
2015 -- $222,113 $0 $0
2014 -- $222,113 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 746201

Central Panhandle Association of REALTORS®

APN: 0606.02-000-000-018.200

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