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4040 Wilkes St

Pace, FL 32571
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Bed 2

Bed

Bath 0

Bath

SqFt1,794

Sqft

Acres0.34

Acre(Lot)

Endless possibilities await with this unique property featuring a main home and detached ADU tucked away on a private cul-de-sac in the heart of Pace! Conveniently located with easy access to Highway 90, Milton, and Pensacola, this R1M-zoned property sits on a spacious .35-acre lot and offers incredible flexibility for homeowners and investors alike. The main house features 2 bedrooms, 2 full baths, a large kitchen, dedicated laundry room, and low-maintenance tile flooring throughout. Originally built in 1925, the home has been updated with a new roof, central air conditioning, and has an effective age of 1970. The side two-car carport provides covered parking for one or both units with sidewalks connecting both. The detached 1-bedroom, 1-bath apartment, built in 1970, offers its own priva te driveway, private entrance, and low-maintenance tile flooring, making it ideal for rental income, guests, or extended family. The large lot offers plenty of outdoor space and a shed for added storage. Whether you're an investor looking to add a proven income-producing property to your portfolio, a homeowner wanting to offset your mortgage by renting the ADU, or searching for the perfect multi-generational living arrangement, this property checks all the boxes. Both the main home and detached apartment are currently rented on month-to-month leases with long-term tenants, providing immediate income potential while maintaining flexibility for future plans.

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Detail Ic Property Details

Property Type : Residential

Price : $199,000

AD Id : 88380502

MLS Id : 686454

Beds : 2

Lot Size : 0.34 Acre

Living Area Size : 1,794

Year Built : 1925

County : Santa Rosa

  • Map Map

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Feature Features

  • Bathroom Information

    Full Baths: 2

    Kitchen Information

    Dining Room Remarks: Living/Dining Combo Kitchen Room Remarks: Updated
  • Flooring Information

    Tile
  • Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle Appliances: Water Heater, Dishwasher Laundry Features: Inside, W/D Hookups, Laundry Room
  • Heating & Cooling

    Heating: Central, Wall/Window Unit(s) Cooling: Central Air, Wall/Window Unit(s) WaterSource: Public

  • Building Information

    Year Built: 1925 Construction Materials: Frame
  • Exterior Features

    Foundation Details: Off Grade, Slab
    Porch: Porch, Covered Porch
  • Pool Information

    None
  • Fencing

    Chain Link

  • Lot Information

    Lot Description: Central Access, Cul-De-Sac Lot Size Area: 0.34 Lot Size Units: Acres Lot Square Feet: 14,810 Lot Acres: 0.34 Stories: 1 Main Square Feet: 0.34

    Property Information

    Property Type: Residential Sub Type: Single Family ResidenceStyle: Traditional SQ ft (Living Area): 1,794 Subdivision: None

  • Listing Price Information

    Original Listing Price: $199000

  • Tax Information

    Parcel Number: 231N291210056000010

  • Parking Information

    Parking Total: 2 2 Car Carport, Guest, Side Entrance
    Homeowners Association Information
    Included Fees: None

  • Elementary School: Dixon
    Junior High School: SIMS
    Senior High School: Pace
  • Location Information

    Direction: HWY 90 TO STEPHENS RD, SOUTH ON STEPHENS AND EAST ON WILKES, PROPERTY IS AT END OF WILKES RD.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3526 Creekdown Ln, Pace, FL, 32571 $989,999 3 3 2,513 2,513 SqFt
5419 Barcelona St, Pace, FL, 32571 $245,000 3 2 1,369 1,369 SqFt
4250 Castille Ave, Pace, FL, 32571 $224,900 3 2 1,298 1,298 SqFt
4351 Castille Ct, Pace, FL, 32571 $284,000 3 -- 1,479 1,479 SqFt
4251 W Avenida De Golf, Pace, FL, 32571 $220,000 3 2 1,025 1,025 SqFt
4281 Castille Ave, Pace, FL, 32571 $245,000 3 2 1,436 1,436 SqFt
4272 W Avenida De Golf, Pace, FL, 32571 $200,000 3 -- 1,000 1,000 SqFt
4328 Rhonda Rd, Pace, FL, 32571 $179,900 3 -- 1,279 1,279 SqFt
5254 Jenny Cir, Pace, FL, 32571 $190,000 3 2 1,356 1,356 SqFt
4460 Santa Villa Dr, Pace, FL, 32571 $215,000 3 2 1,400 1,400 SqFt

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ByOwner last updated this listing 07/25/2026 @ 18:54

MLS: 686454 LISTED BY: Elizabeth Ranieri-Sorrells, REMAX Select Partners 850-995-0030 SOURCE: Pensacola MLS

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