3381 S Highway 2 Bonifay, FL 32425

UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,935 sqft
Price per Sqft $178
Subdivision No Named Subdivision
MLS Listing ID 778150
Style Ranch
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1994
Annual Tax Amount $5,109
Tax Year 2024
Lot Size 8.670 Acres
Acres 8.67
Property Sub-Type Single Family Residence
Property Description
This mostly turn-key home is being sold as-is and is priced with updates and cleanup in mind. The yard sustained damage from a tornado two months ago — including downed trees, limbs, and debris — but the home itself had no major issues (no roof leaks or structural damage).
Interior is move-in ready, just needs a light refresh after being vacant for 1.5 years.
Please review the recent yard photos at the end of the gallery for a clear view of current exterior conditions.
Excellent opportunity for buyers looking for value, potential, and instant equity with a motivated seller ready to make a deal.
Roughly half of the 8.67-acre parcel is lake property, there is some road noise, and the exterior could use a little love (tree cleanup, carport repairs, etc.). But if you can see past those items, you'll find a rare chance to own lakefront acreage on the 110-acre private Sand Hammock Lake — with a 4-bedroom, 2-bath brick home that has already had beautiful updates inside.
As you drive up the tree-lined entrance, you'll pass the established 25-year-old muscadine grape arbors. Inside, you'll find waterproof vinyl plank flooring, an updated kitchen with modern appliances and hardware, and a dining area with beautiful lake views. The spacious primary suite offers a spacious closet and a remodeled bath, with updated fixtures and motion-activated lighting throughout.
Outside, enjoy the shade of a large oak tree, the peaceful lake backdrop, and a newer metal-roof gazebo that's perfect for gatherings. Additional perks include copper plumbing, double-pane windows, a 12x24 detached shed with electrical and RV hook-up, and a recently inspected well with new high-pressure tanks (Sept. 2024).
This property offers the best of both worlds — peaceful lakefront living with acreage, plus easy access to I-10 (15 minutes), Dothan (30 minutes), and Panama City Beach (1 hour).
If you're willing to put in a little exterior work, you'll gain a one-of-a-kind lakefront retreat with acreage at a price that reflects today's market.
Location
State FL
County Holmes
Community Short Term Rental Allowed
Area 08 - Holmes County
Interior
Interior Features Handicap Access
Cooling Central Air, Ceiling Fan(s)
Flooring Luxury Vinyl Plank
Fireplace No
Appliance Electric Range
Exterior
Exterior Feature Fire Pit
Parking Features Circular Driveway, Unpaved
Community Features Short Term Rental Allowed
Waterfront Description Lake,Lake Front
Water Access Desc Lake,Lake Front
Porch Covered, Open, Porch
Building
Entry Level One
Architectural Style Ranch
Level or Stories One
Additional Building Cabana, Gazebo, Shed(s), Workshop
New Construction No
Others
Tax ID 0333.01-000-000-012.000
Special Listing Condition Listed As-Is
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