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308 E Michigan Ave, Bonifay, FL, 32425

4beds
2baths
2,713sqft
$347,000
$128price/sqft
$2,835/moest. monthly cost
$113,400/yrincome needed

About This Home

'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Welcome home to this well-maintained 4-bedroom, 2-bath brick home situated on a generous 0.48-acre lot in the heart of Bonifay. Offering the perfect combination of comfort, functionality, and outdoor living, this property is ideal for growing families, those working from home, or anyone looking for extra space to spread out. With an assumable VA loan, This home may also have some great financial opportunity's. Step onto the inviting covered front porch and through the front door into a spacious entryway that creates a warm first impression. Just to the left, you'll find a versatile den, perfect for a second living area, home office, playroom, or media room. Continue into the expansive main living room, where a cozy wood-burning fireplace serves as the centerpiece for gathering with family and friends. another great feature you will notice throughout the home is the oversized doorways, these are wide enough for a wheelchair making this home. The thoughtfully designed kitchen offers dark custom wood cabinetry, stainless steel appliances, a convenient breakfast bar, and a designated pantry, making meal preparation both functional and enjoyable. Whether you're hosting holidays or casual dinners, you'll appreciate having both a formal dining room and a separate breakfast nook, giving you flexible spaces for entertaining and everyday living. The oversized primary suite provides a relaxing retreat with his-and-her closets and a private ensuite bathroom. Three additional spacious bedrooms offer flexibility for children's rooms, guest accommodations, a home office, workout space, or hobby room to fit your lifestyle. Additional features include a dedicated laundry room with a utility sink, a 1-car garage, and numerous recent updates for peace of mind, including a roof that's only one year old, a two-year-old HVAC system, and new gutters. Outside, you'll find a large covered back porch overlooking a spacious privacy-fenced backyard, providing plenty of room for entertaining, pets, gardening, or simply enjoying your own private outdoor oasis. Conveniently located in the heart of Bonifay, you'll enjoy small-town charm while remaining just 47 miles from the sugar-white sands and emerald waters of Panama City Beach, making weekend getaways an easy drive. If you've been searching for a move-in-ready home with generous living space, modern updates, and a fantastic location, this home is ready to welcome you.

Getting Around

41
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Construction

Condition

  • Year built: 1974

Materials

  • Roof: Metal
  • Construction materials: Brick

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Range,Electric Water Heater

Bedroom

  • Level: First
  • Dimensions: 14 x 11

Bedroom

  • Level: First
  • Dimensions: 14 x 13

Bedroom

  • Level: First
  • Dimensions: 11 x 12

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Breakfast Room Nook

  • Level: First
  • Dimensions: 8 x 8

Den

  • Level: First
  • Dimensions: 20 x 16

Dining Room

  • Level: First
  • Dimensions: 14 x 12

Features

  • Main Level Primary

Heating & Cooling

  • Heating features: Central,Electric,Fireplace(s)
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 2,713
  • Total interior livable area: 2,713 sqft

Kitchen

  • Level: First
  • Dimensions: 19 x 17

Laundry

  • Level: First
  • Dimensions: 9 x 6

Living Room

  • Level: First
  • Dimensions: 17 x 14

Master Bedroom

  • Level: First
  • Dimensions: 15 x 19

Porch

  • Level: First
  • Dimensions: 45 x 6

Porch

  • Level: First
  • Dimensions: 19 x 13

Property

Accessibility

  • Accessibility features: Accessible Washer/Dryer,Accessible Kitchen,Accessible Doors,Accessible Hallway(s)

Details

  • Parcel number: 0531.02005050002.000
  • Zoning description: Resid Single Family

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Porch
  • Fencing: Fenced,Privacy

Lot

  • Lot size: 0.48 Acres
  • Features: Paved
  • Lot size dimensions: 150.0 ft x 140.0 ft

Parking

  • Total spaces: 1
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Hurricane
Lightning
Tornado
Cold Wave
Strong Wind

FEMA Declared Disasters in Holmes 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 $1,754$21,048
Home Insurance *$569$6,828
Property Taxes $239$2,868
Electricity $273$3,276
Total$2,835$34,020
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$97,200/yr
40% on housing$85,050/yr
45% on housing$75,600/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: 14.7%
14.7%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 10.4%
10.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$128This listing

vs Other Active Listings

Avg $/sqft

ZIP 32425$117
Holmes County$139

vs Homes Sold Last Month

Median $/sqft

ZIP 32425
Holmes County$73

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)

No zestimate history available

Price History

DateEventPrice
2026-08-10Pending sale$347,000
2026-07-26Listed for sale$347,000
2026-05-06Listing removed$389,900
2026-03-09Price change$389,900
2026-02-11Listed for sale$399,999
2024-01-05Sold$294,000
2023-12-06Pending sale$299,000
2023-10-27Price change$299,000
2023-10-17Price change$315,000
2023-10-14Listed for sale$329,000
2023-08-29Pending sale$329,000
2023-08-24Listed for sale$329,000
2021-02-25Listing removed--
2019-02-08Listing removed$159,999
2018-11-17Price change$160,000
2018-10-06Price change$187,900
2018-05-22Price change$190,000
2018-05-12Listed for sale$200,000
2012-07-23Sold$78,750
2012-05-25Listed for sale$90,000
2012-03-27Listing removed$94,500
2012-03-16Price change$94,500
2012-03-09Listed for sale$105,000
2012-01-13Listing removed$105,000
2011-12-01Listed for sale$105,000

For Sale by Agent

AgentVianah Seamon
BrokerageAnchor Realty Florida

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