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$147,000
3 Beds ⋅ 2 Baths ⋅ 674558 MLS
BIG Equity Opportunity in Pace! Welcome to 4751 W Spencer Field Rd, where the heavy lifting is DONE and the upside is HUGE! This 3 bedroom, 2 bathroom, 1,695 sqft home sits in one of Pace's most desirable areas and is primed for a killer flip, rental, or sweat-equity primary residence. This property already had a major 2004 renovation, including full rewire + repiping, giving you solid bones and modern systems from the jump. And the recent upgrades. Even better: 2-year-old roof 3-year-old HVAC Electric tankless hot water heater Pool on site (just needs a clean, last opened in 2022) Inside, the home needs cosmetics, flooring, and deep cleaning, plus there's a strong cat smell, but that's exactly where the opportunity lies. Investors know: smell + cosmetics = instant equity when done right

4751 W Spencer Field Rd, Pace

Listing courtesy of Joseph Walter Realty, LLC. Selling Office: Realty One Group Emerald Coast.

$59,000
2 Beds ⋅ 1 Baths ⋅ 667976 MLS
Located at 4604 Fowler Dr in Pace, FL 32571, this 2-bed/1-bath single-family residence on an approx. 0.298-acre lot presents a clear investment opportunity for a flip or a BRRR (buy-rehab-rent-refinance) strategy. Built in 1958 and presently requiring a full rehab, the home offers a blank-canvas scenario in a high-growth zone of Santa Rosa County. Strong rental demand in the greater Pensacola metro and the absence of a known HOA support flexibility for resale or buy-and-hold plans. Situated about 0.6 mi to ALDI at 4770 US-90 W, 0.8 mi to Publix at 4739 US-90, and 0.4 mi to The Drowsy Poet Coffee Co. café at 4265 Woodbine Rd, the location benefits from convenient everyday amenities. With the roof, HVAC, electrical, plumbing and finishes to be completed by the investor, the project allows value creation from the ground up and positions the property for resale or long-term income. Includes basic MLS photos; no 3D tour or video available. Listed at $69,000 — your chance to secure a high-leverage entry into the Pace investment market.

4604 Fowler Dr, Pace

Listing courtesy of Real Broker, LLC. Selling Office: Real Broker, LLC.

$40,000
685510 MLS
Build your dream home on this prime, buildable lot located in the growing Pace area, just minutes from Highway 90 for convenient access to shopping, dining, and commuting routes. This approximately 0.25-acre parcel (90 x 130) offers the perfect balance of space and manageability, giving you flexibility to design a home that fits your lifestyle without the burden of excessive maintenance. The lot is cleared and provides a clean slate for new construction, whether you're envisioning a primary residence, investment property, or a custom-designed retreat. With ample dimensions, there’s room to accommodate a variety of floor plans, outdoor living spaces, and additional features such as a garage, workshop, or pool. Situated in a desirable and steadily developing area, this property benefits from nearby schools, local amenities, and continued growth in the Pace community, making it a strong option for both homeowners and investors. Opportunities like this are becoming harder to find in this location. Secure your piece of land and start building your vision today.

Lot 77 Lawrence Ave, Pace

Listing courtesy of REMAX Select Partners. Selling Office: Alpha Sands Realty.

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