NOT LISTED FOR SALE

3217 Wallace Lake Rd Pace, FL 32571

Pace Area

Estimated Value: $231,000 - $274,450

2 Beds
2 Baths
2,000 Sq Ft
$126/Sq Ft Est. Value

Sale Details

Date Sold: November 14, 2025

Last sale price $240,000 $120 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,529 / mo

98 Days on Market

Highlights

  • Corner Lot
  • Granite Countertops
  • Inside Utility
  • Pace K-8 Rated 9+
  • Converted Garage
  • Shed

About This Home

As of November 2025

WOW! Don't Miss this Opportunity! Take a look at this UNIQUE Multi-Unit/Residential Property - ON ALMOST AN ACRE - with 1,000 sq ft of STORAGE/WAREHOUSE space, located in PACE, within the growing Wallace Lake area....and a minute/walking distance to the Piggly Wiggly and Wallace Lake K-8 school. This property features TWO - 1 bedroom/1 bathroom - units that are each 500 sq ft, and then 1,000 sq ft of storage and warehouse space within the middle of the building, but between both units. Each unit features: kitchen with granite countertops, LVP flooring, and inside washer/dryer hookups. The storage/warehouse space has a center roll up door, and there are multiple out buildings on the property, as well. There are currently tenants in each of the units, but they are on a month to month basis. You have so much potential here that you don't want to miss this! Enjoy living in one unit and renting out the other one, or it can be an investment opportunity!

Last Agent to Sell the Property

Lynn Green

Coldwell Banker Realty Listed on: 07/09/2025

Coldwell Banker Realty

Co-Listed By

Hannah Rogers

Coldwell Banker Realty

Last Buyer's Agent

Lynn Green

Coldwell Banker Realty Listed on: 07/09/2025

Coldwell Banker Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2007

Lot Details

  • 0.91

Home Design

  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,000 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Inside Utility
  • Washer and Dryer Hookup

Kitchen

  • Built-In Microwave
  • Granite Countertops

Parking

  • Garage
  • Converted Garage
  • Front Facing Garage

Schools

  • Wallace Lake K-8 Elementary And Middle School
  • Central High School

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Shed
  • Corner Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 182N290000001330000

Property Details

Home Type

Multi-Family

Year Built

Built in 2007

Lot Details

0.91 Acres

Listing Details

  • Stories: 1
  • Parcel Number: 182N290000001330000
  • Property Type: Residential Income
  • Year Built: 2007
  • Electric: Circuit Breakers
  • Lease Term: Month To Month
  • Property Sub Type: Other
  • Horses: No
  • Co List Office Mls Id: CBU005
  • Co List Office Phone: 850-736-8050
  • Subdivision Name: None
  • Directions: Go North on Chumuckla Hwy - Past 5 Points. Turn Left onto Wallace Lake Rd. Home is at the corner of Music Lane and Wallace Lake Rd (right before you get to Music Lane).
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Built In Microwave, Refrigerator
  • Full Bathrooms: 2
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Roof: Metal
  • Lot Features: Corner Lot
  • Foundation Details: Slab
  • Other Structures: Storage, Yard Building
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Front Entrance, Converted Garage

Utilities

  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air
  • Sewer: Septic Tank
  • Laundry Features: Inside, W/D Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private

Schools

  • Elementary School: Wallace Lake K-8
  • High School: Central
  • Middle Or Junior School: WALLACE LAKE K-8

Multi Family

  • Number Of Units Total: 2

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2025
Closed on
Nov 14, 2025
Sold by
Easy To Remember Development Llc
Bought by
Seller's Agent
Lynn Green
Coldwell Banker Realty
Buyer's Agent
Lynn Green
Coldwell Banker Realty
List Price
$309,000
Sold Price
$240,000
Premium/Discount to List
-$69,000
-22.33%
Views
43
Current Estimated Value
$256,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,003
Avg. Annual Appreciation
6.19%

Purchase Details

Listed on
Aug 3, 2022
Closed on
Oct 14, 2022
Sold by
Jimenez Heather
Bought by
Easy To Remember Development Llc
Seller's Agent
ALEX BACH
The Realty Vault
Buyer's Agent
ALEX BACH
The Realty Vault
List Price
$179,000
Sold Price
$160,000
Premium/Discount to List
-$19,000
-10.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.07%

Purchase Details

Closed on
Aug 6, 2002
Sold by
Coulter Dianna G
Bought by
Coulter Randall W
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Pace, FL

  • Thomasina Collins Real Estate Agent - Better Homes And Gardens Real Estate Main Street Properties

    Thomasina Collins

    Better Homes And Gardens Real Estate Main Street Properties

    (850) 741-7126

    9 Total Sales

    1 in Pace

    $334,990 Price

    Thomasina Collins
     Section Image
  • Gregg Costin Real Estate Agent - Levin Rinke Realty

    Gregg Costin

    Levin Rinke Realty

    (850) 495-7688

    43 Total Sales

    2 in Pace

    $377,500 Price Range

    Gregg Costin
     Section Image
  • Jennie Ellis Real Estate Agent - Better Homes And Gardens Real Estate Main Street Properties

    Jennie Ellis

    Better Homes And Gardens Real Estate Main Street Properties

    (850) 304-7523

    21 Total Sales

    1 in Pace

    $309,000 Price

    Jennie Ellis
     Section Image
  • Christopher Drummond Real Estate Agent - Better Homes And Gardens Real Estate Main Street Properties

    Christopher Drummond

    Better Homes And Gardens Real Estate Main Street Properties

    (417) 243-9549

    6 Total Sales

    1 in Pace

    $320,000 Price

    Christopher Drummond
     Section Image
  • Craig Brown Real Estate Agent - Better Homes And Gardens Real Estate Main Street Properties

    Craig Brown

    Better Homes And Gardens Real Estate Main Street Properties

    (937) 735-0359

    91 Total Sales

    9 in Pace

    $260K - $625K Price Range

    Craig Brown
     Section Image
  • Alison Davenport Real Estate Agent - Better Homes And Gardens Real Estate Main Street Properties

    Alison Davenport

    Responds Quickly

    Better Homes And Gardens Real Estate Main Street Properties

    (850) 805-6093

    76 Total Sales

    3 in Pace

    $175K - $520K Price Range

    Alison Davenport
     Section Image
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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
$240,000 Marina Title
Easy To Remember Development Llc $155,000 Guarantee Title
Coulter Randall W $17,500 --
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft Prior Sale
11/14/2025 11/14/25 Sold $240,000 -22.3% $120 / Sq Ft
10/15/2025 10/15/25 Pending -- -- --
07/09/2025 07/09/25 For Sale $309,000 +72.6% $155 / Sq Ft
10/19/2022 10/19/22 Price Changed $179,000 +11.9% $90 / Sq Ft
10/17/2022 10/17/22 Sold $160,000 -10.6% $80 / Sq Ft View Prior Sale
09/15/2022 09/15/22 Pending -- -- --
08/30/2022 08/30/22 For Sale $179,000 -- $90 / Sq Ft
Source: Pensacola Association of REALTORS®

Tax 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.

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 $1,395 $109,261 $28,458 $80,803
2024 $1,330 $105,079 $25,704 $79,375
2023 $1,330 $101,572 $22,950 $78,622
2022 $704 $53,311 $15,606 $37,705
2021 $240 $42,753 $0 $0
2020 $234 $42,163 $0 $0
2019 $235 $42,136 $0 $0
2018 $442 $27,237 $0 $0
2017 $356 $27,209 $0 $0
2016 $365 $27,380 $0 $0
2015 $375 $27,380 $0 $0
2014 $386 $27,721 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lynn Green Real Estate Agent - Coldwell Banker Realty

    Seller's Agent in 2025

    Lynn Green

    Coldwell Banker Realty

    (850) 380-0061

    56 Total Sales

    Lynn Green
    Section Image

  • HR

    Seller Co-Listing Agent in 2025

    Hannah Rogers

    Coldwell Banker Realty

    (850) 889-2070

    12 Total Sales

    Hannah Rogers
    Section Image

  • AB

    Seller's Agent in 2022

    ALEX BACH

    The Realty Vault

    (850) 293-9900

    13 Total Sales

    ALEX BACH
    Section Image
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Map

Source: Pensacola Association of REALTORS®

MLS Number: 667461

Pensacola Association of REALTORS®

APN: 18-2N-29-0000-00133-0000

Florida Santa Rosa County Pace 32571

3217 Wallace Lake Rd, Pace, FL

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