302 E Nebraska Avenue, Bonifay, FL 32425

New Listing
$145,000
Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 4,839 Lot Size (sq. ft.): 21,344 Status: Active
Current Price: $145,000 List Date: 10/10/2026 Last Modified: 10/10/2026

Overview

Description

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 inve …

Listing Details MLS# 796448

Contract Info

List Price/SqFt
29.96

Location

Area
08 – Holmes County
Street #
302
Street Direction
E
Street Name
Nebraska
Street Suffix
Avenue
State
FL
Zip Code
32425
County
Holmes
Sub Area
0802 – Holmes South-East
Subdivision
Bonifay
Community/Resort
None
Waterfront
No
Parcel ID
0531.03-003-013-001.000
High School
Holmes Co (HC)
Directions
From Highway 90 (US-90). Turn Left onto S Waukesha St (SR-79). Turn Right onto E Nebraska Ave Home will be on the Right side.
Legal Description
LOTS 1, 2, 3 & 4 BLK 13 OR 131/486 DES IN OR 137/ 410 DES IN OR 143/376 LESSLOT 4 DES IN OR 159/559 DES IN OR- 162/331 OR-204/755 OR-277/599 QC-OR324/215 WD-OR324/249 OR-546/598 WD-OR562/538

General Property Info

Sub-Type
Detached Single Family
Design
Traditional
Apx SqFt(Htd/Cooled)
4839
SqFt Source
Owner Measured
Full Baths
4
Total Baths
4
# of Stories in Building
2
Accessory Dwelling Unit
No
Year Built
1950
Construction Status
Construction Complete
New Construction
No
Garage Y/N
No
Lot Dimensions
150.0 ft x 140.0 ft
Acreage
0.5
Lot Size (SqFt)
21344
Pool
No

Listing Info, Tax and Legal

HOA Fee
No
New Buyer Fee
No
Last Taxes
2484.38
Last Tax Year
2025
Brokerage Interest
No Interest

Remarks & Misc

Remarks
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.

Construction/Siding

Foundation – Off Grade
Yes
Roof – Asphalt
Yes
Roof – Metal
Yes
Siding – Wood
Yes

More Information

Other Structures

Guest House
Yes

Financing

Cash
Yes
Conventional
Yes

Furnished

Unfurnished
Yes

Kitchen

First
Yes

Parking Features

Street
Yes

Rooms

Bedroom
Yes
Kitchen
Yes

Utilities

Cable – Available
Yes
Sewer Available
Yes
Public Water – Available
Yes

Sale Type

As Is
Yes

Bedroom

First
Yes

Property Features

Bedroom: First Financing: Cash; Conventional Furnished: Unfurnished Kitchen: First Parking Features: Street Other Structures: Guest House Rooms: Bedroom; Kitchen Sale Type: As Is Utilities: Cable – Available; Sewer Available; Public Water – Available

Room Information

Room Name Level Dimensions Length Width
Bedroom First 12 x 12 12.00 12.00
Kitchen First 10 x 9 10.00 9.00
Bedroom First 12 x 12 12.00 12.00
Bedroom First 12 x 12 12.00 12.00
Bedroom First 12 x 12 12.00 12.00
Listing Office: Joseph Walter Realty LLC
Last Updated: October – 10 – 2026
Information deemed reliable but not guaranteed.