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518 Chipola Ave, Wewahitchka, FL, 32465

1beds
1baths
320sqft
$85,000
$266price/sqft
$720/moest. monthly cost
$28,800/yrincome needed

About This Home

Packed with personality and tucked away behind a privacy fence, this one-of-a-kind property offers a unique opportunity within the city limits of Wewahitchka. Situated on a quarter-acre lot, the grounds are a gardener's paradise, showcasing an impressive variety of mature fruit trees, flowering plants, and lush landscaping that creates a peaceful backyard retreat. Behind the privacy fence, you'll find two well-built wooden buildings. One has been thoughtfully converted into a comfortable living space featuring a full bath, bedroom, and living area—making it the perfect weekend getaway, guest quarters, or hobby space. The second building provides abundant storage for tools, lawn equipment, and recreational gear. A gated entrance offers easy access to the backyard, where an RV hookup is already in place, providing added convenience for traveling guests or your own camper. Whether you're looking for a private escape, an investment opportunity, or a property with room to expand, this distinctive property offers endless possibilities in the heart of Wewahitchka.

Getting Around

37
WalkingCar-Dependent
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

4/10
4/10
Wewahitchka High SchoolGrades 6-120.4 mi

Construction

Condition

  • Property condition: Construction Complete
  • Year built: 2023

Materials

  • Foundation: Off Grade
  • Roof: Metal
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cabin
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Other
  • Flooring: Wood

Interior Area

  • Total structure area: 320
  • Total interior livable area: 320 sqft

Property

Details

  • Parcel number: 02440100R
  • Zoning description: City

Lot

  • Lot size: 0.28 Acres
  • Features: Cleared
  • Lot size dimensions: 82 x 151

Parking

  • Total spaces: 4
  • Parking features: Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Lightning
    LightningVery High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Cold Wave
Heat Wave
Inland Flooding
Strong Wind
Tornado
Wildfire
Tsunami

FEMA Declared Disasters in Gulf County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $429$5,148
Home Insurance *$37$444
Property Taxes $57$684
Electricity $197$2,366
Total$720$8,640
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$24,685/yr
40% on housing$21,600/yr
45% on housing$19,200/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.2%
12.2%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 14.7%
14.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$266This listing

vs Other Active Listings

Avg $/sqft

ZIP 32465$94
Gulf County$307

vs Homes Sold Last Month

Median $/sqft

ZIP 32465
Gulf County$240

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-26Listed for sale$85,000
2015-10-14Sold$8,000
2005-10-05Sold$6,000

For Sale by Agent

AgentMiranda Rollins
Brokerage98 Real Estate Group, LLC

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