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 is currently available for occupancy and features 2 bedrooms, 2 full baths, a large kitchen, laundry area, and low-maintenance tile flooring throughout. Originally built in 1925, the home has been updated with a new roof and central air conditioning, with 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, is currently leased month-to-month, offering a great opportunity for rental income while providing flexibility for future plans. It features its own private driveway, private entrance, and low-maintenance tile flooring. The large lot offers plenty of outdoor space along with a shed for added storage. This home fits every need whether you're an investor looking to add a proven income-producing property to your portfolio, in search of a great multi-generational living space or a buyer looking for a home with additional income potential, this property offers an opportunity to put the space to work for you. Occupy the main home while the month-to-month ADU lease helps offset your monthly housing expenses—or explore the many other possibilities this versatile property provides.
For sale
Price cut: $6K (8/26)
$189,000
4040 Wilkes St, Pace, FL 32571
3beds
1,794sqft
Single Family Residence
Built in 1925
0.34 Acres Lot
$-- Zestimate®
$105/sqft
$-- HOA
What's special
Private entranceNew roofLaundry areaCentral air conditioningLow-maintenance tile flooring throughoutPrivate drivewayShed for added storage
- 35 days
- 1,370
- 50
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Elizabeth Ranieri-Sorrells 850-501-5193,
REMAX Select Partners
Source: PAR,MLS#: 686454
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: First
- Area: 256
- Dimensions: 16 x 16
Heating
- Central, Wall/Window Unit(s)
Cooling
- Central Air, Wall/Window Unit(s)
Appliances
- Included: Water Heater, Dishwasher
- Laundry: Inside, W/D Hookups
Features
- Flooring: Tile
- Has basement: No
Interior area
- Total structure area: 1,218
- Total interior livable area: 1,794 sqft
Property
Parking
- Total spaces: 2
- Parking features: 2 Car Carport, Guest, Side Entrance
- Carport spaces: 2
Accessibility
- Accessibility features: Exterior Handicap Provision
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Pool features: None
- Fencing: Chain Link
Lot
- Size: 0.34 Acres
- Features: Central Access, Cul-De-Sac
Details
- Additional structures: Guest House, Detached Self Contained Living Area
- Parcel number: 231n291210056000010
- Zoning description: Res Multi
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Off Grade, Slab
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1925
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Septic Tank
- Water: Public
Green energy
- Energy efficient items: No Energy Features
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
- Services included: None
Location
- Region: Pace
Financial & listing details
- Price per square foot: $105/sqft
- Tax assessed value: $162,590
- Annual tax amount: $2,328
- Price range: $189K - $189K
- Date on market: 7/25/2026
- Cumulative days on market: 36 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2026 | Price change | $189,000-3.1%$105/sqft |
Source: | ||
| 8/15/2026 | Price change | $195,000-2%$109/sqft |
Source: | ||
| 7/25/2026 | Listed for sale | $199,000+176.4%$111/sqft |
Source: | ||
| 3/9/2026 | Sold | $72,000+140%$40/sqft |
Source: Public Record Report a problem | ||
| 5/12/2025 | Listing removed | $1,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/9/2025 | Listed for rent | $1,200+76.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 2/3/2015 | Listing removed | $680 |
Source: Owner Report a problem | ||
| 1/24/2015 | Listed for rent | $680 |
Source: Owner Report a problem | ||
| 9/16/2014 | Sold | $30,000$17/sqft |
Source: | ||
| 8/11/2014 | Listed for sale | $30,000-14%$17/sqft |
Source: Exit Realty N. F. I. #455615 Report a problem | ||
| 6/25/2014 | Listing removed | $34,900$19/sqft |
Source: EXIT Realty N.F.I. #455615 Report a problem | ||
| 6/10/2014 | Price change | $34,900-8.8%$19/sqft |
Source: EXIT Realty N.F.I. #455615 Report a problem | ||
| 5/13/2014 | Listed for sale | $38,250-69.4%$21/sqft |
Source: Exit Realty N. F. I. #455615 Report a problem | ||
| 9/16/2005 | Sold | $125,000+73.6%$70/sqft |
Source: Public Record Report a problem | ||
| 6/28/2000 | Sold | $72,000-10%$40/sqft |
Source: Public Record Report a problem | ||
| 1/3/1996 | Sold | $80,000$45/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,328 +5.4% | $159,820 +10% |
| 2024 | $2,210 +23.8% | $145,291 +12.2% |
| 2023 | $1,785 +7.9% | $129,504 +10% |
| 2022 | $1,655 +12.1% | $117,731 +10% |
| 2021 | $1,476 +11.1% | $107,028 +10% |
| 2020 | $1,329 +0.6% | $97,298 +0.9% |
| 2019 | $1,321 | $96,427 +2.8% |
| 2018 | $1,321 -7.1% | $93,764 +2.1% |
| 2017 | $1,422 | $91,826 +6.7% |
| 2016 | $1,422 +3.7% | $86,052 +3.3% |
| 2015 | $1,371 +0.4% | $83,324 -1.4% |
| 2014 | $1,366 | $84,491 +6.4% |
| 2013 | -- | $79,402 -2.2% |
| 2012 | -- | $81,182 -1.8% |
| 2011 | -- | $82,656 -1.9% |
| 2009 | -- | $84,217 |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 32571
Nearby schools
Schools provided by the listing agent
- Elementary: Dixon
- Middle: SIMS
- High: Pace
Source: PAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






