1549 Highway 177a
About This Property
Inside, you'll find a well-appointed kitchen featuring granite countertops, a spacious pantry, and durable tile flooring throughout the main living areas. Both bedrooms are located upstairs, while each bedroom also includes its own dedicated closet conveniently located on the first floor, providing additional storage and functionality.
Outside, the property is ready to accommodate a variety of lifestyles. A metal roof provides long-lasting durability, while the workshop and yard building offer ample space for hobbies, equipment, and storage. The chain-link fenced yard is perfect for children or pets, and the property's majestic oak trees create a beautiful setting with plenty of shade to enjoy year-round.
With paved road frontage, access is easy while still offering the privacy and tranquility of country living. Whether you're looking for a full-time residence, hobby farm, or weekend escape, this property provides plenty of room to roam and endless possibilities.
Conveniently located just under an hour from the white-sand beaches of Panama City Beach and approximately 45 minutes from Dothan, Alabama, you'll enjoy easy access to shopping, dining, entertainment, healthcare, and employment opportunities while still coming home to the quiet charm of rural Northwest Florida.
If you've been searching for acreage, privacy, and a move-in-ready home in one exceptional package, this Bonifay property deserves a place at the top of your list. Schedule your private showing today!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 5, 2026 | Listed by Performance Realty | $225,000 | |
| Listed by Performance Realty | |||
| Aug 28, 2019 | No longer available | - | |
| No longer available | |||
| Sep 5, 2018 | Listed | $180,000 | |
| Listed | |||
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One of a kind! Completely move in ready with furnishing! Amazing craftsmanship! Totally redone on the inside with beautiful Spanish tile on bottom floor and hardwood upstairs. Bottom floor features a fully functioning wet bar with ice maker & cooler. This unique home sits on 13 acres off beautiful Hwy 177-A. Two yard buildings for storage or use as work shops. Yard has many fruit trees such as peach, apple, pear, banana to name a few. Call today and experience this beautiful home for yourself. The manager has listed the unit size as 1688 square feet.
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| Jul 29, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017