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Property profile & analytics
OFF-MARKET
Retail space

129 Waukesha St Bonifay, FL 32425-2356

2,880 SF 0.07 ac lot Built 1900
Entity Owned Absentee Owner Free & Clear
Property ID
US18-7088663
Property summary
AI-generated overview

This 2,880 square foot, two-story commercial building sits on a 0.07-acre lot at 129 S Waukesha Street in Bonifay, Florida. Strategically located on Highway 79, the direct route to Panama City Beach, this property offers exceptional visibility and high traffic exposure. The ground floor has a long history as a feed store, while the upstairs, accessed via a separate entrance, previously served as a bookstore and reading room. The building also includes a newer 24' x 48' metal storage building currently rented on a month-to-month basis, providing an immediate income stream. The main building features a newer metal roof, though some repairs are needed. The property's versatile layout presents numerous possibilities, including continued use as a mixed-use space or conversion into three separate rental units. Its prime location on a busy highway, coupled with its proximity to Panama City Beach, makes this an attractive investment opportunity with significant upside potential. The asking price is $159,000. This is a rare chance to acquire a well-situated commercial property with substantial redevelopment possibilities in a growing area. Don't miss out on this exceptional opportunity.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Total area 2,880 SF
Lot 0.07 ac (2,962 SF)
APN 0531.03-003-120-014.000
UPID US18-7088663
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Harvest Vineyard Mission Church INC
Harvest Vineyard Mission Church INC
since 2025
Last sale
$100,000
1 recorded transaction
2025
$100,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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