519 Mcpherson Drive, Alford, FL 32420 (MLS# 784008)

519 Mcpherson Drive, Alford, FL 32420

$145,000

Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 644 Lot Size (sq. ft.): 44,997 Status: Pending

Current Price: $145,000 List Date: 1/21/2026 Last Modified: 6/04/2026

Overview

Description

Situated on approximately 1 acre with direct water access, the property features a private dock, stunning lake views, and plenty of outdoor space to relax and enjoy Florida lake life. The cozy 2-bedroom, 1-bath home has been thoughtfully updated with a newer roof, updated flooring, fresh paint, mini-split system, and a spacious screened porch overlooking the water. Enjoy morning coffee by the lake, sunset evenings on the dock, kayaking, fishing, and the quiet privacy this property provides. Short-term rentals are allowed, making this an excellent investment opportunity or affordable personal retreat. Conveniently located near Marianna, Panama City, and Dothan while still offering the peaceful feeling of getting away from it all. If you’ve been searching for an affordable waterfront property with charm, privacy, and income potential, this is the one.

Listing Details MLS# 784008

Contract Info

List Price/SqFt: 225.16

Location

Area: 09 – Jackson County
Street #: 519
Street Name: Mcpherson
Street Suffix: Drive
State: FL
Zip Code: 32420
County: Jackson
Sub Area: 0904 – Jackson – Alford/Compass Lake
Subdivision: Highlands At Compass Lake
Community/Resort: None
Waterfront: Yes
Gulf Access: No
Parcel ID: 05-2N-11-0201-00A0-0060
Directions: From Panama City Take US 231 north Turn right on Lakepoint Road Turn right on Compass Lake Drive Stay left on Compass Lake Drive Turn right on Buddy Biway Go Straight on McDonald Drive Turn left on McTavish Road Turn left on Mcpherson Drive House is on the left
Legal Description: OR 286 P 915 LOT 6 BLK AHIGHLANDS OF COMPASS LAKEUNIT 2…OR 531 P 113 OR 610 P 404 OR 639 P 171 OR 1512 P 236 OR 1609 P 335 OR 1654 P 733 OR 1693 P 673

General Property Info

Sub-Type: Mobile/Manufactured
Design: Single Wide
Apx SqFt(Htd/Cooled): 644
SqFt Source: Prop App Site
Full Baths: Yes
Total Baths: Yes
# of Stories in Building: Yes
Year Built: 1969
Immediate Occupancy: Yes
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Lot Dimensions: 126x355x129x356
Acreage: 1.03
Lot Size (SqFt): 44997
Pool: No

Status Change Info

Under Contract Date: 2026-06-03

Listing Info, Tax and Legal

Homestead: No
HOA Fee: No
Senior Community: No
Is Subject Leased: No
New Buyer Fee: No
Last Taxes: 230
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes

Remarks & Misc

Remarks: Situated on approximately 1 acre with direct water access, the property features a private dock, stunning lake views, and plenty of outdoor space to relax and enjoy Florida lake life. The cozy 2-bedroom, 1-bath home has been thoughtfully updated with a newer roof, updated flooring, fresh paint, mini-split system, and a spacious screened porch overlooking the water. Enjoy morning coffee by the lake, sunset evenings on the dock, kayaking, fishing, and the quiet privacy this property provides. Short-term rentals are allowed, making this an excellent investment opportunity or affordable personal retreat. Conveniently located near Marianna, Panama City, and Dothan while still offering the peaceful feeling of getting away from it all. If you've been searching for an affordable waterfront property with charm, privacy, and income potential, this is the one.

More Information

Family Room

First: Yes

Appliances

Cooktop – Electric: Yes
Dryer: Yes
Range – Electric: Yes
Refrigerator: Yes
Washer: Yes
Water Heater – Electric: Yes

Construction/Siding

Roof – Metal: Yes
Siding – Vinyl: Yes

Exterior

Deck Covered: Yes
Porch Screened: Yes

Waterfront Feature

Dock: Yes

Financing

Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Furnished

Unfurnished: Yes

Kitchen

First: Yes

Lot Features

Cleared: Yes
Deeded Access Water: Yes
Waterfront: Yes

Lot Access

Dirt/Clay Road: Yes

Parking Features

Additional Parking: Yes
Drive Through: Yes
RV Access/Parking: Yes

Mstr Bath / Mstr Bdrm

MBath Shower/Tub Combo: Yes

Present Zoning

Mobile Home: Yes
Resid Single Family: Yes

Rooms

Family Room: Yes
Kitchen: Yes

Utilities

Electricity – Connected: Yes
Private Well: Yes
Septic Tank: Yes

Waterview

Lake: Yes

Accessibility Features

Accessible Approach with Ramp: Yes

Sale Type

As Is: Yes

Waterfront Type

Lakefront: Yes

Cooling

Ceiling Fan(s): Yes
Electric: Yes
Wall Unit(s): Yes

Heating

Central: Yes
Electric: Yes
Forced Air: Yes

Property Features

Accessibility Features: Accessible Approach with Ramp Appliances: Cooktop – Electric; Dryer; Range – Electric; Refrigerator; Washer; Water Heater – Electric Cooling: Ceiling Fan(s); Electric; Wall Unit(s) Heating: Central; Electric; Forced Air Exterior: Deck Covered; Porch Screened Financing: Cash; Conventional; FHA; VA Furnished: Unfurnished Kitchen: First Lot Features: Cleared; Deeded Access Water; Waterfront Lot Access: Dirt/Clay Road Family Room: First Parking Features: Additional Parking; Drive Through; RV Access/Parking Rooms: Family Room; Kitchen Sale Type: As Is Utilities: Electricity – Connected; Private Well; Septic Tank Waterfront Type: Lakefront Waterfront Feature: Dock Waterview: Lake Present Zoning: Mobile Home; Resid Single Family

Room Information

Room Name	Level	Dimensions	Length	Width
Family Room	First	128 x 13	128.00	13.00
Kitchen	First	14 x 13	14.00	13.00

Listing Office: Gulf Life Real Estate Inc

Last Updated: June – 04 – 2026

Information deemed reliable but not guaranteed.