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Property Description
Welcome to 302 E Nebraska Ave in Bonifay! This unique property offers two structures on one spacious 0.5-acre lot, creating an excellent opportunity for homeowners and investors alike. The main residence features 5 bedrooms, 4.5 bathrooms, and approximately 3,715 sq ft, offering an expansive layout with plenty of room for comfortable living, entertaining, and personalization. The home provides an excellent foundation for a fix-and-flip or value-add investment, with opportunities to update and customize the interior to create a beautiful finished product. The second structure adds even more versatility and potential. Previously used as a doctor's office, the building is configured for approximately 2 bedrooms and 1 bathroom, making it well suited for additional living space, a guest home, rental potential, an office, or other flexible uses. With two properties on one lot, this is an attractive turnkey investment opportunity for buyers looking for multiple-use potential and investors seeking additional value from one purchase. The combination of a large primary residence and a separate secondary structure offers flexibility for rental income, multi-generational living, guest accommodations, or a future resale strategy. Whether you're an investor looking for your next fix-and-flip, a buyer seeking a spacious home with additional property potential, or someone looking for a unique turnkey investment, 302 E Nebraska Ave offers plenty of space and opportunity in Bonifay.
Full Property Details
Full Property Details for 302 E Nebraska Ave
General
- Price: $145,000
- Taxes: $2,484 (2025)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 796448
- Updated: Today (10/10/2026)
- Added to Site: Today
Interior
- Number of Rooms: 5
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Location
- County: Holmes
- Subdivision: Bonifay
- Driving Directions: From Highway 90 (US-90). Turn Left onto S Waukesha St (SR-79). Turn Right onto E Nebraska Ave Home will be on the Right side.
School Information
- High School: Holmes Co (HC)
Community
- Community Name: 08 - Holmes County
Utilities
- Utility Description: Sewer Available
Structural Information
- Architectural Style: Traditional
- Construction: Wood Siding
- Roof: Asphalt, Metal
- Stories/Levels: 2
- Sq. Ft. Source: Owner
- Year Built: 1950
Additional Structures
- Other Structures: Guest House
Lot Features
- Lot Size (Acres): 0.5
- Lot Size (Sq. Ft.): 21,344
- Lot Size: .5
- Lot Dimensions: 150.0 ft x 140.0 ft
Financial Considerations
- Tax Amount: $2,484.38
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: LOTS 1, 2, 3 & 4 BLK 13 OR 131/486 DES IN OR 137/ 410 DES IN OR 143/376 LESSLOT 4 DES IN OR 159/559 DES IN OR- 162/331 OR-204/755 OR-277/599 QC-OR324/215 WD-OR324/249 OR-546/598 WD-OR562/538
- Property ID: 0531.03-003-013-001.000
Listed by Joseph Walter Realty LLC
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Schools
Schools serving 302 E Nebraska Ave
School District:Holmes County School District
| Name | Grades | Distance |
|---|---|---|
Holmes Virtual Franchise 701 East Pennsylvania Avenue, Bonifay, FL 32425 | 6-12 | 0.3 mi |
Holmes Virtual-District Instruction Program 701 East Pennsylvania Avenue, Bonifay, FL 32425 | 6-12 | 0.3 mi |
Bethlehem High School 2767 Highway 160, Bonifay, FL 32425 | PK-12 | 9.8 mi |
Ponce De Leon High School 1477 Ammons Road, Ponce de Leon, FL 32455 | 6-12 | 17.2 mi |
Holmes County High School 105 Blue Devil Drive, Bonifay, FL 32425 | 9-12 | 1.2 mi |
Poplar Springs High School 3726 Atomic Drive, Graceville, FL 32440 | PK-12 | 12.6 mi |
Ponce De Leon Elementary School, Ponce de Leon, FL 1473 Ammons Road, Ponce de Leon, FL 32455 | PK-5 | 17.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 302 E Nebraska Ave
Date
Details
Price
Change
Source
10/10/2026
Listed
$145,000
262.5%
MLS
7/28/2017
Sold
$40,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 302 E Nebraska Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,484
7%
$180,353
3%
2024
$2,318
3%
$175,270
3%
2023
$2,261
22%
$170,165
6%
2021
$1,848
-1%
$160,397
-3%
2022
$1,865
3%
$165,209
4%
2020
$1,814
-1%
$158,182
—
2019
$1,838
-8%
$158,182
-6%
2018
$2,006
-25%
$167,485
—
2017
$2,691
44%
$167,485
8%
2016
$1,868
-2%
$154,507
1%
2015
$1,909
—
$153,433
—
2014
$1,918
-2%
$153,433
—
2013
$1,953
—
$153,433
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 302 E Nebraska Ave
302 E Nebraska Avenue, Bonifay, FL 32425 (MLS# 796448) is a Single Family property with 5 bedrooms and 4 full bathrooms. 302 E Nebraska Avenue is currently listed for $145,000 and was received on October 10, 2026. Want to learn more about 302 E Nebraska Avenue? Do you have questions about finding other Single Family real estate for sale in Bonifay? You can browse all Bonifay real estate or contact a Coldwell Banker agent to request more information.

