This charming block house in Graceville, Florida, is an excellent fixer-upper and a remarkable investment opportunity! With 2 bedrooms and 1 bathroom, it offers the flexibility to easily convert back into a 3-bedroom home, maximizing space for family or guests. The wall that was removed to create a larger living room adds to the open feel of the space, perfect for entertaining or relaxing. Nestled on a generous 0.35-acre lot adorned with beautiful pecan trees, the property boasts a newer roof, providing a solid foundation for your renovation dreams. Located in a quaint small town, it offers a peaceful lifestyle while being conveniently situated just 30 minutes from Dothan and a little over an hour from the stunning Panama City Beach. With some vision and creativity, this house can truly shine and become your ideal home or a lucrative investment!
For sale
Price cut: $4.5K (4/24)
$84,500
5437 Pearl St, Graceville, FL 32440
2beds
910sqft
Est.:
Single Family Residence
Built in 1970
0.36 Acres Lot
$-- Zestimate®
$93/sqft
$-- HOA
What's special
Beautiful pecan treesNewer roof
- 23 days
- on Zillow |
- 518 |
- 23 |
Zillow last checked: 7 hours ago
Listing updated: April 23, 2025 at 05:25pm
Listed by:
Bettie L Slay 850-326-1650,
Bettie's Country Realty,
Houston L Jernigan 850-768-2748,
Bettie's Country Realty
Source: CPAR,MLS#: 771362
Originating MLS: Central Panhandle Association of REALTORS

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Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: First
- Area: 108
- Dimensions: 9 x 12
Bedroom
- Level: First
- Area: 108
- Dimensions: 9 x 12
Other
- Level: First
- Area: 220
- Dimensions: 11 x 20
Other
- Level: First
- Area: 45
- Dimensions: 9 x 5
Kitchen
- Level: First
- Area: 96
- Dimensions: 8 x 12
Laundry room
- Level: First
- Area: 50
- Dimensions: 10 x 5
Living room
- Level: First
- Area: 384
- Dimensions: 32 x 12
Heating
- Electric
Cooling
- Window Unit(s)
Appliances
- Included: Electric Water Heater
Interior area
- Total interior livable area: 910 sqft
Property
Parking
- Parking features: Carport
- Has carport: Yes
Lot
- Size: 0.36 Acres
- Dimensions: 85 x 183
Details
- Parcel number: 357N13000004400010
- Zoning description: City,Resid Single Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Block
- Foundation: Slab
- Roof: Metal
Condition
- Year built: 1970
Community & HOA
Community
- Subdivision: [no Recorded Subdiv]
HOA
- Has HOA: No
Location
- Region: Graceville
Financial & listing details
- Price per square foot: $93/sqft
- Tax assessed value: $33,692
- Annual tax amount: $609
- Date on market: 4/2/2025
- Listing terms: Cash
- Road surface type: Paved
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