About This Home

This 1-bedroom, 1-bathroom single family at 509 W North Avenue in Bonifay, FL is listed for $39,000 ($54 per sqft). Built in 1950, the home offers 720 sqft of living space on a 0.25 acres lot.

Key Features

  • Built in 1950
  • 0.25 acre lot

Property Details

1 full
1950
Listing Description

Fixer-Upper Opportunity on West North Avenue - Bonifay, Florida Unlock the potential of this versatile property located on highly visible West North Avenue in the growing community of Bonifay. Situated on approximately 0.25 acre (+/-) to be determined by survey, this property offers an excellent opportunity for investors, builders, small business owners, or buyers looking for an affordable renovation project.

The property features an existing block construction home that could be restored and renovated or removed to make way for new development. Also included is a utility building that provides additional storage or workspace potential. A power pole is already in place, and the property has access to city water, helping reduce development costs and making future improvements more convenient.

With its prominent road frontage on West North Avenue, this property offers excellent visibility and accessibility. Subject to local approvals and verification by the buyer, the property may have the potential for mixed-use zoning, creating opportunities for residential, commercial, office, retail, or investment purposes.

Whether you're searching for your next flip project, a site for a small business, rental property potential, or a location to build something new, this property offers flexibility and upside in a convenient Bonifay location.

Monthly Cost Estimate

$209/mo

20% down · 6.5% · 30 years

Principal$28
Interest$169
Insurance$11

Estimates only. Actual payments may vary.

Location

509 W North Avenue

Bonifay, FL 32425

No Named Subdivision

Property Details

Construction

Block

Questions & Answers

This 1-bedroom, 1-bathroom single family at 509 W North Avenue is listed at $39,000 ($54/sqft). The estimated monthly payment is $208 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 0.25 acre lot.

This property is listed by Gina Williams.

GW

Gina Williams

License 3573069

Agent at Chipola Realty

Listed by Chipola Realty · Broker phone: (850) 209-8013 · View on Broker Site · Broker website

MLS# 791167· Source: Central Panhandle Association of REALTORS· 141 days on PropertySimple

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

509 W North Avenue, Bonifay, FL 32425

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