802 Highway 90Bonifay, FL 32425

Property Details for 802 Highway 90

Year built

1957

Property type

Specialty properties

Property subtype

Other specialty properties

Description

This exceptional investment opportunity in Bonifay, Florida, presents a unique blend of commercial and residential income potential. The property, located on Highway 90, encompasses nearly two acres (79,279.2 sq ft) within an Urban Mixed Use Future Land Use District, ensuring flexibility for a variety of ventures. A substantial 4,100+ sq ft concrete block building, featuring a brand new metal roof, provides ample space for diverse uses, including offices, retail, restaurants, or multi-family housing. Currently generating rental income from three residential units (two single-wide manufactured homes and one site-built home), this property offers immediate cash flow while allowing for future development. The high visibility and accessibility of the Highway 90 location guarantee strong customer traffic. Built in 1957, this property is priced at $170,000 and represents a compelling opportunity for investors seeking a strong return on investment in a thriving Florida community. The property's versatility and prime location make it an ideal choice for entrepreneurs and investors alike. This is a cash only sale.

Location Insight

City

Bonifay

County

Holmes

State

Florida

Latitude

30.7892

Longitude

-85.6918

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