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Street View
$14,999
Monthly Est:$75
2 Beds
- 1 Bath
1 full bath
596sqft
1031 Washington Ave, Graceville, FL 32440
$14,999
$75/moEst:
Get Pre-Approved
Single Family Residence
Built in 1945
$-- HOA
0.15 acre lot
$25/sq.ft
Description
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.
- Houzeo last checked: 3 hours ago
- Listing updated: October 14, 2026 at 8:59 am
- Listing Provided by: Matthew R Finch (850) 541-4042 DRE #SL3495634 | World Impact Real Estate (850) 225-7000
- Source: Bay/Panama City/Central Panhandle MLS-FL | MLS#: 795332

Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1945
HOA Fees
-
Finished Area
596 sqft
Lot Size
0.15 acre lot
Basement Area
- sqft
MLS Name
Bay/Panama City/Central Panhandle MLS
MLS Number
795332
MLS Status
Active
Days on Market
33
Cumulative Days on Market
31

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 2
Bathroom: 1
Construction
Year Built
Year Built: 1945
Home type
Single Family Residence
Foundation Details
Pillar Post Pier
Roof
Composition, Shingle
Architectural Style
Other
Utilities & Energy
Utilities
None
Other Features
Lot Features
Paved
Subdivision Name
Graceville
Community Features
Short Term Rental Allowed
Patio And Porch Features
Covered, Porch
Price History
| Date | Event | Price |
|---|---|---|
10/13/2026 Source: | Listed for Sale | $14,999 $25/sqft |
09/30/2026 Source: | Pending | $14,999 +74.41% $25/sqft |
08/18/2026 Source: | Sold | $8,600 +1.18% $14/sqft |
07/29/2026 Source: | Pending | $8,500 $14/sqft |
07/24/2026 Source: | Listed for Sale | $8,500 -57.29% $14/sqft |
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Getting Around 1031 Washington Ave
Bike Score®
Somewhat Bikeable
39/100
Walk Score®
Car-Dependent
42/100
Data provided by Redfin
Nearby Homes
Find Homes by Property Features in Graceville, FL
Based on information from Central Panhandle Association of REALTORS® MLS through Oct 16, 2026, 08:30AM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2026 Bay Central Panhandle Association of REALTORS®
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