4040 Wilkes St, Pace, FL

About 4040 Wilkes St

Endless possibilities await with this unique property featuring a main home and detached ADU tucked away on a private cul-de-sac in the heart of Pace! Conveniently located with easy access to Highway 90, Milton, and Pensacola, this R1M-zoned property sits on a spacious .35-acre lot and offers incredible flexibility for homeowners and investors alike. The main house is currently available for occupancy and features 2 bedrooms, 2 full baths, a large kitchen, laundry area, and low-maintenance tile flooring throughout. Originally built in 1925, the home has been updated with a new roof and central air conditioning, with an effective age of 1970. The side two-car carport provides covered parking for one or both units, with sidewalks connecting both. The detached 1-bedroom, 1-bath apartment, built in 1970, is currently leased month-to-month, offering a great opportunity for rental income while providing flexibility for future plans. It features its own private driveway, private entrance, and low-maintenance tile flooring. The large lot offers plenty of outdoor space along with a shed for added storage. This home fits every need whether you're an investor looking to add a proven income-producing property to your portfolio, in search of a great multi-generational living space or a buyer looking for a home with additional income potential, this property offers an opportunity to put the space to work for you. Occupy the main home while the month-to-month ADU lease helps offset your monthly housing expenses—or explore the many other possibilities this versatile property provides.

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