$309,000

3217 Wallace Lake Rd Pace, FL 32571

Estimated payment $1,822/month

Total Views 756
-- Bed
2 Baths
2,000 Sq Ft
$154 Price per Sq Ft

Highlights

  • Corner Lot
  • Converted Garage
  • Central Heating and Cooling System
  • Granite Countertops
  • Inside Utility
  • Ceiling Fan

About This Home

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!

Listing Agent

Lynn Green

Coldwell Banker Realty Listed on: 07/09/2025

Coldwell Banker Realty

Co-Listing Agent

Hannah Rogers

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,330

Year Built

  • Built in 2007

Lot Details

  • Corner Lot

Parking

  • Converted Garage

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

  • <<builtInMicrowave>>
  • Granite Countertops

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 182N290000001330000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,330

Year Built

Built in 2007

Lot Details

0

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

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
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

Property History

Date Event Price Change Sq Ft Price
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
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®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $155,000 Guarantee Title
Quit Claim Deed $17,500 --
Source: Public Records

Source: Pensacola Association of REALTORS®

MLS Number: 667461

Pensacola Association of REALTORS®

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