1031 Washington Ave Graceville, FL 32440

Welcome to this 596 sq. ft. 2-bedroom, 1-bathroom home in the charming small town of Graceville, FL. Situated with convenient access from a paved street, this compact property is ideal for investors, flippers, or those seeking a renovation project with strong potential in a quiet, affordable community. Please note: the home is in need of extensive repairs and is being sold as-is. Graceville is a peaceful Panhandle town known for its easygoing Southern lifestyle, close-knit feel, and motto ''Where the Living Is Easy.'' Residents enjoy local parks such as James A. Martin Park (with ball fields and playground) and Tiger Park, a Piggly Wiggly grocery store, casual dining spots like Grady's Seafood and Gary's Southern Grill, and community events including the annual Harvest Festival. Outdoor lovers are minutes from natural attractions like Falling Waters State Park (Florida's tallest waterfall) and Florida Caverns State Park. The property is close to the Baptist University of Florida (formerly the Baptist College of Florida), a private Christian institution offering a range of degree programs right in Graceville--convenient for students, faculty, or those seeking a campus-adjacent investment. Just approximately 22 miles (about a 25-30 minute drive) northeast lies Dothan, Alabama--the ''Peanut Capital of the World.'' There you'll find expanded shopping, dining, healthcare, and amenities including the Dothan Area Botanical Gardens, Landmark Park (with historic buildings and planetarium), Westgate Park with Water World, the Wiregrass Museum of Art, golf courses on the Robert Trent Jones Trail, and the popular National Peanut Festival each fall. For beach days, Panama City Beach is roughly 65-70 miles (about 1 hour 20 minutes) southwest, putting white-sand beaches, Gulf waters, and coastal entertainment within easy reach for weekend getaways. This is a rare chance to acquire an affordable starter or investment property in a low-key Florida location with small-town charm, college proximity, and quick access to larger city conveniences and the beach.