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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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509 W North Ave , Bonifay, FL 32425
$39,000
Est. Payment: $215.47/mo
1 Bed
1 Bath
720 Sqft
0.25 Acres
Status: Active | Days on site: 13
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C176 - B11892
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Harrison Lilly Team
Owner/Operator

House 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.

Highlights

Listed by Gina Williams , 850-890-4330 Chipola Realty, Chipley Office , 850-638-2777. Bay County Association of REALTORS

Property Type

Residential

Lot/Acreage
0.25

Year Built

1950

County

Holmes

Area

08 - Holmes County

Neighborhood

No Named Subdivision

Listing ID

791167

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:1
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1

Exterior Features

Lot Dimensions:irregular
Roof:Metal
Principal Interest
$215
Taxes
$364

Home Price

$39,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$7,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$215.47

Principal

Taxes

Principal Taxes HOA Total
Monthly $215.47 $363.87 $0.00 $579.33
Yearly $2,585.63 $4,366.38 $0.00 $6,952.01
Total $77,568.98 $130,991.40 $0.00 $208,560.38

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Bonifay, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T08:07:44.000Z

© 2026 Bay County Association of REALTORS