Welcome to 302 E Nebraska Ave in Bonifay! This unique property offers two structures on one spacious 0.5-acre lot, creating an excellent opportunity for homeowners and investors alike.
The main residence features 5 bedrooms, 4.5 bathrooms, and approximately 3,715 sq ft, offering an expansive layout with plenty of room for comfortable living, entertaining, and personalization. The home provides an excellent foundation for a fix-and-flip or value-add investment, with opportunities to update and customize the interior to create a beautiful finished product.
The second structure adds even more versatility and potential. Previously used as a doctor's office, the building is configured for approximately 2 bedrooms and 1 bathroom, making it well suited for additional living space, a guest home, rental potential, an office, or other flexible uses.
With two properties on one lot, this is an attractive turnkey investment opportunity for buyers looking for multiple-use potential and investors seeking additional value from one purchase. The combination of a large primary residence and a separate secondary structure offers flexibility for rental income, multi-generational living, guest accommodations, or a future resale strategy.
Whether you're an investor looking for your next fix-and-flip, a buyer seeking a spacious home with additional property potential, or someone looking for a unique turnkey investment, 302 E Nebraska Ave offers plenty of space and opportunity in Bonifay.
For sale
Price cut: $3K (11/6)
$140,000
302 E Nebraska Ave, Bonifay, FL 32425
5beds
4,839sqft
Single Family Residence
Built in 1950
0.5 Acres Lot
$-- Zestimate®
$29/sqft
$-- HOA
What's special
- 29 days
- 1,012
- 67
Zillow last checked:
Listing updated:
Listed by:
Scott W Fader 888-227-1009,
Joseph Walter Realty LLC
Source: CPAR,MLS#: 796448
Originating MLS: Central Panhandle Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Rooms
- Room types: Bedroom, Kitchen
Bedroom
- Level: First
- Dimensions: 12 x 12
Bedroom
- Level: First
- Dimensions: 12 x 12
Bedroom
- Level: First
- Dimensions: 12 x 12
Bedroom
- Level: First
- Dimensions: 12 x 12
Kitchen
- Level: First
- Dimensions: 10 x 9
Interior area
- Total structure area: 4,839
- Total interior livable area: 4,839 sqft
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.5 Acres
- Dimensions: 150.0 ft x 140.0 ft
Details
- Additional structures: Guest House
- Parcel number: 0531.03003013001.000
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Asphalt,Metal
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Utilities for property: Sewer Available
Community & HOA
Community
- Subdivision: Bonifay
HOA
- Has HOA: No
Location
- Region: Bonifay
Financial & listing details
- Price per square foot: $29/sqft
- Tax assessed value: $244,336
- Annual tax amount: $2,484
- Date on market: 10/10/2026
- Cumulative days on market: 30 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 11/6/2026 | Price change | $140,000-2.1%$29/sqft |
Source: | ||
| 10/30/2026 | Price change | $143,000-1.4%$30/sqft |
Source: | ||
| 10/10/2026 | Listed for sale | $145,000+263.4%$30/sqft |
Source: | ||
| 7/28/2017 | Sold | $39,900$8/sqft |
Source: | ||
| 7/23/2017 | Pending sale | $39,900$8/sqft |
Source: Panhandle Realty LLC #660238 Report a problem | ||
| 7/13/2017 | Price change | $39,900-20%$8/sqft |
Source: Panhandle Realty LLC #660238 Report a problem | ||
| 6/25/2017 | Listed for sale | $49,900$10/sqft |
Source: Panhandle Realty LLC #660238 Report a problem | ||
| 5/5/2017 | Listing removed | $49,900$10/sqft |
Source: Panhandle Realty LLC #657022 Report a problem | ||
| 4/1/2017 | Price change | $49,900-16.7%$10/sqft |
Source: Panhandle Realty LLC #657022 Report a problem | ||
| 2/21/2017 | Price change | $59,900-14.3%$12/sqft |
Source: Tri-County Professional Real Estate, LLC #647392 Report a problem | ||
| 1/20/2017 | Price change | $69,900-12.5%$14/sqft |
Source: Tri-County Professional Real Estate, LLC #647392 Report a problem | ||
| 12/19/2016 | Price change | $79,900-5.9%$17/sqft |
Source: Tri-County Professional Real Estate, LLC #647392 Report a problem | ||
| 11/19/2016 | Listed for sale | $84,900-66.4%$18/sqft |
Source: Tri-County Professional Real Estate, LLC #647392 Report a problem | ||
| 5/31/2016 | Sold | $253,000+112.6%$52/sqft |
Source: Public Record Report a problem | ||
| 10/9/2015 | Price change | $119,000-5.6%$25/sqft |
Source: Performance Realty #632528 Report a problem | ||
| 5/27/2015 | Price change | $126,000-23.6%$26/sqft |
Source: Performance Realty #632528 Report a problem | ||
| 12/4/2014 | Price change | $165,000-40%$34/sqft |
Source: Coldwell Banker United, Realtors #624048 Report a problem | ||
| 9/11/2014 | Listed for sale | $275,000+37.5%$57/sqft |
Source: Coldwell Banker United, Realtors #624048 Report a problem | ||
| 1/12/2007 | Sold | $200,000$41/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,484 +7.2% | $180,353 +2.9% |
| 2024 | $2,318 +2.5% | $175,270 +3% |
| 2023 | $2,261 +21.2% | $170,165 +3% |
| 2022 | $1,865 +1.2% | $165,209 +3% |
| 2021 | $1,843 +1.6% | $160,397 +1.4% |
| 2020 | $1,814 -1.3% | $158,182 |
| 2019 | $1,838 -31.7% | $158,182 -5.6% |
| 2018 | $2,691 | $167,485 |
| 2017 | $2,691 | $167,485 +8.4% |
| 2016 | -- | $154,507 +0.7% |
| 2015 | -- | $153,433 |
| 2014 | -- | $153,433 |
| 2013 | -- | $153,433 |
| 2012 | -- | $153,433 -0.2% |
| 2011 | -- | $153,738 +0.1% |
| 2010 | -- | $153,609 +1% |
| 2009 | -- | $152,160 +0.1% |
| 2008 | -- | $152,008 +2.2% |
| 2007 | -- | $148,803 +101.5% |
| 2006 | -- | $73,851 +3.2% |
| 2005 | -- | $71,585 +3% |
| 2004 | -- | $69,525 +1.9% |
| 2003 | -- | $68,244 +118% |
| 2002 | -- | $31,310 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 32425
Nearby schools
Schools provided by the listing agent
- High: Holmes Co (HC)
Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
