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$99,900
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Property Description
Great Investment Opportunity in the heart of Graceville! Located at 987 7th Avenue, this charming 3-bedroom, 3-bath home, originally built in 1945, offers character, space, and plenty of potential. Situated in town for convenient access to local amenities, the property features a 2-car carport and a flexible floor plan that includes an additional living space which could easily be converted into a fourth bedroom, home office, or bonus room. With some TLC and vision, this historic home could be restored to its former glory and transformed into a wonderful residence or income-producing investment. Whether you're looking to renovate, rent, or personalize, this property presents a great opportunity to bring new life to a classic Graceville home.
Full Property Details
Full Property Details for 987 7th Ave
General
- Price: $99,900
- Taxes: $2,145 (2025)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 785016
- Updated: 2/10/2026
- Added to Site: 16 day(s) ago
Interior
- Number of Rooms: 7
- Appliances: Electric Range
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Exterior
- Porch/Patio/Deck: Covered, Porch
Location
- County: Jackson
- Subdivision: [No Recorded Subdiv]
- Driving Directions: Starting from Piggly Wiggly, Head toward 8th Ave on Alabama St. Go for 194 ft. Then 0.04 miles Turn left onto 8th Ave. Go for 312 ft. Then 0.06 miles Continue on 8th Ave (SR-2). Go for 0.1 mi. Then 0.1 miles Turn right onto Drake St. Go for 262 ft. Then 0.05 miles Turn right onto 7th Ave. Go for 89 ft. Then 0.02 miles 987 7th Ave Graceville, FL 32440-2220
Community
- Community Name: 09 - Jackson County
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Traditional
- Construction: Wood Siding
- Roof: Metal
- Sq. Ft. Source: Appraiser
- Year Built: 1945
Lot Features
- Lot Size (Acres): 0.26
- Lot Size (Sq. Ft.): 11,326
- Lot Size: .26
- Lot Dimensions: 136 x 94 x 136 x 93
- Frontage: City Street
- Lot Features: Paved
- Fencing (Description): Chain Link
Financial Considerations
- Tax Amount: $2,145
- Tax Year: 2025
Disclosures and Reports
- Legal Description: LOTS 1, 2, 3, 4 BLK D WILLIAMADD, GRACEVILLE...OR 208 P 552OR 1057 P 639 OR 1851 P 436
- Property ID: 03-6N-13-0457-00D0-0010
Listed by Elite Realty
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Schools
Schools serving 987 7th Ave
School District:Jackson County School District, Marianna, FL
| Name | Grades | Distance |
|---|---|---|
Graceville High School 5539 Brown Street, Graceville, FL 32440 | K-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 987 7th Ave
Date
Details
Price
Change
Source
2/10/2026
Listed
$99,900
17.53%
MLS
11/01/2024
Sold
$85,000
—
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 987 7th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,145
282%
$123,720
68%
2024
$561
4%
$73,478
3%
2023
$539
5%
$71,338
6%
2021
$513
2%
$67,243
-3%
2022
$504
-2%
$69,260
4%
2021
$513
-4%
$66,315
2%
2019
$536
—
$65,135
—
2018
$536
-6%
$65,135
1%
2017
$573
3%
$64,479
2%
2016
$556
-2%
$63,320
1%
2015
$566
-1%
$62,880
1%
2014
$571
3%
$62,381
1%
2013
$557
—
$61,726
—
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 987 7th Ave
987 7th Avenue, Graceville, FL 32440 (MLS# 785016) is a Single Family property with 3 bedrooms and 3 full bathrooms. 987 7th Avenue is currently listed for $99,900 and was received on February 10, 2026. Want to learn more about 987 7th Avenue? Do you have questions about finding other Single Family real estate for sale in Graceville? You can browse all Graceville real estate or contact a Coldwell Banker agent to request more information.

