3217 Wallace Lake Rd, Pace, FL 32571 - Photo 1

1/1

$240,000

Sold
Closed
Single Family
2 Beds
2 Full Baths
2,000 Sq. Ft.

1/1

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!

Full Property Details

Full Property Details for 3217 Wallace Lake Rd

General

Sold For: $240,000
Status: Closed
Type: Single Family
Source: Pensacola
MLS ID: 667457
Added to Site: 191 day(s) ago

Interior

Interior Features: Storage, Ceiling Fan(s)
Appliances: Electric Water Heater, Built In Microwave, Refrigerator

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Bedrooms

Total Bedrooms: 2

Other Rooms

Kitchen: Remodeled, Granite Counters
Dining Room: None
Laundry: Inside, W/D Hookups

Parking

Parking Features: Front Entrance, Converted Garage

Location

County: Santa Rosa
Driving 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)

School Information

Elementary School: Wallace Lake K-8
Middle School: WALLACE LAKE K-8
High School: Central

Heating & Cooling

Cooling Type: Central Air, Ceiling Fan(s)
Heating Type: Central

Utilities

Sewer: Septic Tank
Water: Private

Structural Information

Roof: Metal
Stories/Levels: 1
Square Feet: 2,000
Year Built: 2007
Property Condition: Resale

Lot Features

Lot Size (Acres): 0.918
Street/Road Desc.: Paved
Road Maintenance: County Maintained Road
Lot Features: Corner Lot
Zoning: Agricultural, Res Multi

Financial Considerations

Price Per Sq. Ft.: $120

Disclosures and Reports

Property ID: 182N290000001330000

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Meet the listing and selling agents

— 3217 Wallace Lake Rd —

Lynn Green

Email Me

(850) 380-0061 mobile
Hannah Rogers

Email Me

(850) 889-2070 mobile

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Schools

Schools serving 3217 Wallace Lake Rd

School District:Santa Rosa County School District

Name	Grades	Distance
Chumuckla Elementary School 2312 Highway 182, Jay, FL 32565	PK-6	6.9 mi
Central School, Milton, FL 6180 Central School Road, Milton, FL 32570	9-12	8.7 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 3217 Wallace Lake Rd

Date

Details

Price

Change

Source

11/14/2025

Sold

$240,000

-22.33%

MLS

7/09/2025

Listed

$309,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

6201 Glendale Dr, Milton, FL 32570 - Photo 1

Just Listed

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Single Family
Active
Updated 11 hours ago

3
Beds
2
Total Baths
1,885
Sq. Ft.

Listed by Jason Libbert (850) 748-0197

4818 Parch Rd, Milton, FL 32570 - Photo 1

Just Listed

$305,000

4818 Parch Rd Milton, FL 32570

Single Family
Active
Updated 3 days ago

3
Beds
2
Total Baths
1,421
Sq. Ft.

Listed by Becky Nicholson (850) 375-7686

4900 Shell Rd, Milton, FL 32583 - Photo 1

Just Listed

$404,500

4900 Shell Rd Milton, FL 32583

Single Family
Active
Updated 1 day ago

3
Beds
3
Total Baths
2,112
Sq. Ft.

Listed by Leah Tate (850) 529-6301 and Bailie Tate (850) 529-7217

317 Katie St, Milton, FL 32583 - Photo 1

Just Listed

$179,900

317 Katie St Milton, FL 32583

Residential Lots
Active
Updated 20 hours ago

0.28
Acres

Listed by Lindsay McAllister (850) 781-2135

10246 Nichols Lake Rd, Milton, FL 32583 - Photo 1

Price Reduced

-$50,000 (-10.1%)

$445,000

10246 Nichols Lake Rd Milton, FL 32583

Single Family
Active
Updated 6 days ago

2
Beds
1
Total Bath
1,056
Sq. Ft.

Listed by Sandra Seymour (850) 686-5107

6234 Pineapple DR, Milton, FL 32570 - Photo 1

6234 Pineapple DR Milton, FL 32570

Single Family
Active
Updated 1 day ago

4
Beds
2
Total Baths
1,920
Sq. Ft.

Listed by Charmie McCormick (850) 284-4699

5661 Clarity St, Milton, FL 32570 - Photo 1

Price Reduced

-$7,000 (-1.86%)

$369,900

5661 Clarity St Milton, FL 32570

Single Family
Active
Updated 18 hours ago

4
Beds
3
Total Baths
1,968
Sq. Ft.

5556 Kailey Rd, Milton, FL 32583 - Photo 1

Price Reduced

-$4,000 (-11.46%)

$30,900

5556 Kailey Rd Milton, FL 32583

Residential Lots
Active
Updated 3 days ago

0.25
Acres

Sold

$240,000