Movoto Real Estate
Sold on 10/15/2025

3217 Wallace Lake Rd, Pace, FL 32571

  • $240,000

    Last sold 10/15/2025 after 98 Days

  • 2

    bed

  • 2

    bath

  • 2,000

    Sqft ($120/Sqft)

House not for sale
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About 3217 Wallace Lake Rd

Property type House
Neighborhood
Year built 2007
HOA fee $0/month
Lot size 0.92 Acre
Movoto estimate
Rental estimate
Property description
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!
Listed by
Listing Agent - Lynn Green
Listing Office - Coldwell Banker Realty
Source: Pensacola Association of Realtors - PAR mls logo
MLS#667457 • last updated 6 months ago
Movoto checked Pensacola Association of Realtors - PAR for data 4 minutes ago
Overview
Cooling/AC Central Air, Ceiling Fan(s)
Heating Central
Levels/Style One
MLS # 667457
Type Residential
Status Sold
SubType Single Family Residence
SqFt 2000
Lot Size (SqFt) 39988.08
Lot Size (Acres) 0.918
Year Built 2007
HOA Fee Annually
Condition Resale
Interior
Total # of Bathrooms 2
# Full Baths 2
Bathrooms Remodeled
# Bedrooms 2
Laundry Inside, W/D Hookups
Kitchen Remodeled, Granite Counters
Dining Room None
Appliances Electric Water Heater, Built In Microwave, Refrigerator
Interior Features Storage, Ceiling Fan(s)
Exterior
Roof Metal
Foundation Slab
Parking Desc Front Entrance, Converted Garage
Lot Desc Corner Lot
Other Structures Yard Building, Workshop
Amenities / Utilities
Sewer/ Septic Septic Tank
Electricity Circuit Breakers
Water Source Private
Pool Desc None
Location
County Santa Rosa
Subdivision None
Elementary School Wallace Lake K-8
Middle School WALLACE LAKE K-8
High School Central
APN 182N290000001330000
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)
Zoning Agricultural, Res Multi
Lot/ Land Details
Road Responsibility County Maintained Road
Road Surface Paved
$235K
Range: $223K-$246K
Last 30 days 
Rental est.: $1,054/month
Gross rent multiplier: 24.4
  • Nov 2025
    mls logo MLS # 667461
  • Nov 17, 2025 Sold
    $240,000
  • Nov 12, 2025 Pending
  • Oct 15, 2025 Contingent
  • Sep 14, 2025 Listed
  • Sep 14, 2025 Contingent
  • Jul 9, 2025 Listed
    $309,000
  • Jul 9, 2025 Listed
    $309,000
  • Nov 2025
    mls logo MLS # 667457
  • Nov 17, 2025 Sold
    $240,000 (-22.3%)
  • Nov 12, 2025 Pending
  • Oct 15, 2025 Contingent
  • Sep 14, 2025 Listed
  • Sep 14, 2025 Contingent
  • Jul 9, 2025 Listed
    $309,000
  • Jul 9, 2025 Listed
    $309,000 (+93.1%)
  • Oct 2022
    mls logo MLS # 613765
  • Oct 19, 2022 Sold
  • Oct 19, 2022 Pending
  • Oct 17, 2022 Sold
    $160,000 (-10.6%)
  • Sep 16, 2022 Contingent
  • Aug 30, 2022 Listed
    $179,000
  • 3217 Wallace Lake Rd
    $240K
  • Berry Place
    $355K
  • 32571
    $357K -1% y/y
  • Pace
    $357K 0% y/y
No chart available
Statistics calculated by Movoto

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6/10
Pace High School
public Grades 9-12
Santa Rosa
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • FL
  • Santa Rosa County
  • Pace
  • 32571
  • 3217 Wallace Lake Rd
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