509 W North Ave, Bonifay, FL, 32425
About This Home
Fixer-Upper Opportunity on West North Avenue - Bonifay, Florida Unlock the potential of this versatile property located on highly visible West North Avenue in the growing community of Bonifay. Situated on approximately 0.25 acre (+/-) to be determined by survey, this property offers an excellent opportunity for investors, builders, small business owners, or buyers looking for an affordable renovation project. The property features an existing block construction home that could be restored and renovated or removed to make way for new development. Also included is a utility building that provides additional storage or workspace potential. A power pole is already in place, and the property has access to city water, helping reduce development costs and making future improvements more convenient. With its prominent road frontage on West North Avenue, this property offers excellent visibility and accessibility. Subject to local approvals and verification by the buyer, the property may have the potential for mixed-use zoning, creating opportunities for residential, commercial, office, retail, or investment purposes. Whether you're searching for your next flip project, a site for a small business, rental property potential, or a location to build something new, this property offers flexibility and upside in a convenient Bonifay location.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1950
Materials
- Roof: Metal
- Construction materials: Block
Type & Style
- Home type: SingleFamily
- Architectural style: Other
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Interior Area
- Total structure area: 720
- Total interior livable area: 720 sqft
Living Room
- Dimensions: 12 x 11
Property
Details
- Parcel number: 0925.04000000007.000
- Special condition: Listed As-Is
Lot
- Lot size: 0.25 Acres
- Lot size dimensions: irregular
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
- Lightning
- Tornado
- Cold Wave
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters in Holmes County and Florida
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $197 | $2,364 |
| Home Insurance * | $64 | $768 |
| Property Taxes | $14 | $168 |
| Electricity | $197 | $2,366 |
| Total | $472 | $5,664 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-17 | Price change | $39,000 |
| 2026-06-11 | Listed for sale | $55,000 |
| 2010-07-02 | Sold | $25,000 |
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