NOT LISTED FOR SALE

3381 Florida 2 Bonifay, FL 32425

Bonifay Area

Estimated Value: $304,000 - $399,110

4 Beds
2 Baths
1,935 Sq Ft
$172/Sq Ft Est. Value

Sale Details

Date Sold: April 2, 2026

Last sale price $322,000 $166 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,255 / mo

102 Days on Market

Highlights

  • Lake Front
  • No HOA
  • Circular Driveway
  • 8.67 Acre Lot
  • Covered Patio or Porch
  • Double Pane Windows

About This Home

As of April 2026

URRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS PRICED TO REFLECT STORM CLEANUP - OFFERS ENCOURAGED!
This mostly turn-key home is being sold as-is and is priced with updates and cleanup in mind. The yard sustained damage from a tornado two months ago — including downed trees, limbs, and debris — but the home itself had no major issues (no roof leaks or structural damage).
Interior is move-in ready, just needs a light refresh after being vacant for 1.5 years.
Please review the recent yard photos at the end of the gallery for a clear view of current exterior conditions.
Excellent opportunity for buyers looking for value, potential, and instant equity with a motivated seller ready to make a deal. Roughly half of the 8.67-acre parcel is lake property, there is some road noise, and the exterior could use a little love (tree cleanup, carport repairs, etc.). But if you can see past those items, you'll find a rare chance to own lakefront acreage on the 110-acre private Sand Hammock Lake — with a 4-bedroom, 2-bath brick home that has already had beautiful updates inside. As you drive up the tree-lined entrance, you'll pass the established 25-year-old muscadine grape arbors. Inside, you'll find waterproof vinyl plank flooring, an updated kitchen with modern appliances and hardware, and a dining area with beautiful lake views. The spacious primary suite offers a spacious closet and a remodeled bath, with updated fixtures and motion-activated lighting throughout. Outside, enjoy the shade of a large oak tree, the peaceful lake backdrop, and a newer metal-roof gazebo that's perfect for gatherings. Additional perks include copper plumbing, double-pane windows, a 12x24 detached shed with electrical and RV hook-up, and a recently inspected well with new high-pressure tanks (Sept. 2024). This property offers the best of both worlds — peaceful lakefront living with acreage, plus easy access to I-10 (15 minutes), Dothan (30 minutes), and Panama City Beach (1 hour). If you're willing to put in a little exterior work, you'll gain a one-of-a-kind lakefront retreat with acreage at a price that reflects today's market.

Last Agent to Sell the Property

Kailey Collison

Realty One Group Emerald Coast Listed on: 08/26/2025

Last Buyer's Agent

Team Don and Bubba

EXP Realty LLC

EXP Realty LLC

Range of Values:

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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 Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,109

Year Built

  • Built in 1994

Lot Details

  • 8.67 Acre Lot
  • Lot Dimensions are 275 x 1590 x 250 x 1480
  • Lake Front

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Living Room
  • Dining Room
  • Electric Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Covered Spaces
  • Circular Driveway
  • Unpaved Parking

Additional Features

  • Handicap Accessible
  • Covered Patio or Porch
  • Central Air

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,109

Year Built

Built in 1994

Lot Details

8.67 Acres

Listing Details

  • Property Type: Residential
  • Year Built: 1994
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 8.67
  • Lot Size: 275 X 1590 X 250 X 1480
  • Road Frontage Type: City Street
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Ranch
  • New Construction: No
  • Building Stories: 1
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Range
  • Interior Amenities: Handicap Access
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Dining Room Type: Bedroom, Dining Room, Kitchen, Living Room, Primary Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Waterfront Features: Lake, Lake Front
  • Waterfront: Yes
  • Construction Type: Brick
  • Exterior Features: Fire Pit
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Open, Porch
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Parking Features: Circular Driveway, Unpaved
  • Garage: No
  • Attached Garage: No

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed
  • Association: No

Lot Info

  • Lot Size Sq Ft: 377665.0
  • Mobile Dim Units: Feet
  • Zoning Description: Resid Single Family

Tax Info

  • Tax Annual Amount: 5109.0
  • Tax Year: 2024

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
Aug 26, 2025
Closed on
Apr 2, 2026
Sold by
Bought by
Seller's Agent
Kailey Collison
Realty One Group Emerald Coast
Buyer's Agent
Team Don and Bubba
EXP Realty LLC
List Price
$345,000
Sold Price
$322,000
Premium/Discount to List
-$23,000
-6.67%
Views
205
Current Estimated Value
$332,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,778
Avg. Annual Appreciation
10.17%
Original Mortgage
$242,000
Outstanding Balance
$241,275
Interest Rate
6.01%
Mortgage Type
New Conventional
Estimated Equity
$91,503

Purchase Details

Closed on
Apr 25, 2022
Sold by
Bought by

Purchase Details

Closed on
Apr 19, 2022
Sold by
Bought by

Purchase Details

Closed on
Aug 10, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
3.96%
Mortgage Type
Credit Line Revolving
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Bonifay, FL

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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
$322,000 South Oak Title
$329,000 Panhandle Land Title
$100 Panhandle Land Title
-- Attorney
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 $242,000
Previous Owner $160,000
Previous Owner $36,000
Previous Owner $103,645
Previous Owner $112,000
Previous Owner $80,800
Previous Owner $75,025
Previous Owner $60,000
Previous Owner $17,000
Previous Owner $15,000
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
04/02/2026 04/02/26 Sold $322,000 -6.7% $166 / Sq Ft
12/06/2025 12/06/25 Pending -- -- --
08/26/2025 08/26/25 For Sale $345,000 -- $178 / Sq Ft
Source: Central Panhandle 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 $5,109 $367,183 $24,754 $342,429
2024 $5,109 $300,422 $23,140 $277,282
2023 $4,739 $277,342 $15,099 $262,243
2022 $2,069 $117,550 $15,099 $102,451
2021 $2,019 $111,433 $15,099 $96,334
2020 $1,913 $106,817 $14,560 $92,257
2019 $1,112 $104,912 $0 $0
2018 $1,086 $102,956 $14,560 $88,396
2017 $0 $102,956 $14,560 $88,396
2016 -- $101,234 $0 $0
2015 -- $100,530 $0 $0
2014 -- $100,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 778150

Central Panhandle Association of REALTORS®

APN: 0333.01-000-000-012.000

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