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For sale
    • $45,000

    861 8th Ave, Graceville, FL 32440

    3beds
    1,260sqft
    Single Family Residence
    Built in 1950
    0.32 Acres Lot
    $-- Zestimate®
    $36/sqft
    $-- HOA

    What's special

    Rustic wood tonesTons of natural lightCorner double lot
    🔥 FIXER-UPPER OPPORTUNITY IN GRACEVILLE, FL! 🔥 Bring ALL offers! This 1950s 4 bedroom, 1 bathroom home sits on a spacious double lot right on the corner of 8th Ave—centrally located in town and surrounded by the charm of Florida's Panhandle. Just 1 hour to Panama City, FL, 30 minutes to Dothan, AL, and only 10 minutes to Highway 231 for easy commuting. Inside, this wood frame home offers original pine wood paneling on the walls, ceilings, and floors with tons of character—perfect for buyers looking to restore or redesign a classic southern home. The interior showcases large windows that bring in natural light, rustic wood tones, and a layout with great renovation potential. This property needs a full remodel, including new wiring, windows, roof, flooring, plumbing, and overall updates, making it an ideal project for investors, contractors, or DIY enthusiasts wanting a blank canvas to build equity. KEY FEATURES: ✔ Investor special ✔ Corner double lot ✔ 1950s charm throughout ✔ Original wood interior ✔ Tons of natural light ✔ Great location in Graceville ✔ Fix & flip potential ✔ Just minutes from shopping, schools, and parks If you're searching for a handyman special, investment property, or affordable renovation project in the Florida Panhandle, this is it. Bring your vision—and your offer!
    235 days
    |
    408
    |
    30
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Brandi B Trancynger 850-272-2644,

    Fulford Real Estate Inc.

    Source: CPAR,MLS#: 782264MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: Bedroom, Kitchen, Living Room
      Bedroom
      • Description: verify
      • Level: First
      • Dimensions: 15 x 12
      Kitchen
      • Description: verify
      • Level: First
      • Dimensions: 15 x 13
      Living room
      • Description: verify
      • Level: First
      • Dimensions: 10 x 13
      Interior area
      • Total structure area: 1,260
      • Total interior livable area: 1,260 sqft

      Property

      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Open, Porch
      Lot
      • Size: 0.32 Acres
      • Dimensions: 163 x 87 x 163 x 87
      • Features: Paved
      Details
      • Parcel number: 036N13000006300000
      • Zoning description: Resid Single Family
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Country
      • Property subtype: Single Family Residence
      Materials
      • Other, Wood Frame
      • Foundation: Pillar/Post/Pier
      • Roof: Composition,Shingle
      Condition
      • New construction: No
      • Year built: 1950

      Utilities & green energy

      • Utilities for property: None, Sewer Available

      Community & HOA

      Community
      • Features: Short Term Rental Allowed
      • Subdivision: [No Recorded Subdiv]
      HOA
      • Has HOA: No
      Location
      • Region: Graceville

      Financial & listing details

      • Price per square foot: $36/sqft
      • Tax assessed value: $59,110
      • Annual tax amount: $947
      • Date on market: 3/17/2026
      • Cumulative days on market: 235 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        3/17/2026Price change$45,000-25%$36/sqft
        Source: CPAR #782264 Report a problem
        2/20/2026Pending sale$60,000$48/sqft
        Source: CPAR #782264 Report a problem
        12/3/2025Listed for sale$60,000$48/sqft
        Source: CPAR #782264 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$947 +6.5%$59,110 +0.7%
        2024$890 +9.6%$58,681 +4.4%
        2023$812 +17.8%$56,212 +42.1%
        2022$689 +11.8%$39,557 +10%
        2021$616 +9.9%$35,961 +10%
        2020$561 -2.2%$32,692 +1.7%
        2019$574 0%$32,147
        2018$574 -7.4%$32,147 +1%
        2017$619 $31,843 +0.6%
        2016$619 +1.9%$31,662 +0.6%
        2015$608 -0.5%$31,480 +2%
        2014$611 $30,874 +1%
        2013-- $30,571
        2012-- $30,571 -1.5%
        2011-- $31,025 -2.8%
        2010-- $31,935 -1.4%
        2009-- $32,389 -1.8%
        2008-- $32,996 +1.9%
        2007-- $32,389 +17.6%
        2006-- $27,539 +4.6%
        2005-- $26,326 +0%
        2004-- $26,313 +0.6%
        2003-- $26,144 +36%
        2002-- $19,219 +4.7%
        2001-- $18,365 +3%
        2000-- $17,830
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 32440

        Getting around

        23 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Graceville
        • Middle: Graceville
        • High: Graceville

        Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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