3998 Lancer St · Floridatown, FL 32571

$274,990

3 bd · 2.0 ba · 1,276 sqft · Land · 80 Days on market

Built 2026 6,229 sqft lot ↓ 8% since listing

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Why this score? — see what drove the F grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +7.5/15.0
• Cash flow +7.4/30.0
• Schools +5.3/10.0
• Rent growth +3.2/5.0
• Livability +2.6/5.0
• Condition / age +2.5/5.0
• 1% rule +2.1/10.0
• DSCR +1.6/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to Floridatown, an active new home community in Pace, Florida, where homes are now available from Holiday Builders' Value and Inspire collections. Floridatown offers high-quality construction, modern design, and unbeatable value-with pricing from the high $200s to low $300s. This community is perfect for first-time homebuyers, growing families, and anyone looking for affordable new construction homes in the Florida Panhandle. Discover Life in Pace Floridatown offers the charm of a close-knit town with the convenience of being just minutes from the area's most popular attractions: Floridatown Park - A local favorite for picnics, waterfront views, and sunset strolls, Simpson River Fishing Pier - A go-to destination for fishing and outdoor fun, University of West Florida - Offering education, cultural events, and community programs, Whiting Field Naval Air Station - Convenient for military families, Pensacola Beach - Just a short drive away for white sands, emerald water, and coastal fun, and more! Living in Floridatown means you're close to nature, recreation, shopping, and top-rated schools, while still enjoying a peaceful residential setting. Built for Comfort, Priced for You Choose from thoughtfully designed floorplans in our Value and Inspire collections, each offering modern finishes, energy efficiency, and flexible living spaces. Whether you need an open layout, extra bedrooms, or a stylish kitchen, Holiday Builders has a home to fit your lifestyle and budget in Floridatown. We just opened our model home! Please visit us for a tour at 4040 Edgefield Street in Pace.

Key facts

• Outside living area
• Halley floorplan
• Move in ready

Tags

• MOVE IN READY
• NO HOA
• HALLEY FLOORPLAN
• LARGE AMOUNT OF COUNTERSPACE
• GREAT ROOM DINING ROOM COMBO
• OUTSIDE LIVING AREA

Property features AI

Finance

• HOA & community: No homeowners association

Exterior

• Parking: Attached garage (1 covered garage space, 1 total parking space)
• Security: Smoke detector(s)
• Utilities: Public water; Public sewer; Circuit breaker electric service; Cable available; Underground utilities
• Home design: New construction; Single-story (one level); Not attached to another property; Frame construction; Off-grade slab foundation
• Construction: Frame construction; Built as new construction; Off-grade slab foundation; Shingle roof
• Exterior features: Lanai patio/porch; Shingle roof; Paved, county-maintained road

Interior

• Kitchen: Laminate counters; Pantry; Built-in microwave; Dishwasher; Electric water heater
• Bedrooms: Master bedroom on the first floor; Other bedrooms on the first floor
• Flooring: Vinyl; Carpet
• Bathrooms: 2 full bathrooms; Bathrooms are new construction / not updated
• Heating & cooling: Central heating; Central air conditioning; Heat pump; Insulation and insulated walls
• Interior features: Baseboards; High speed internet; Smart thermostat; Insulated doors; Double pane windows; Shutters
• Laundry & utility: Washer/dryer hookups

🏗️ New construction. Builder plan / spec listing (the home may be to-be-built); metrics use comparable previous sales.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath land listed at $275k.

Deal economics

• At list price, monthly cash flow is $-349 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $224k (18.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $196k (28.6% below list).
• Recommended offer: $196k (28.6% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 51/100 on livability (#889 in FL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, crime A; Watch: amenities F, commute F, employment F.
• Santa Rosa (suburban): math 63% / reading 60% proficiency, ranked #8 of 73 in FL (top 11%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: S. S. Dixon Intermediate School (math 73% / reading 67%, grade A-, #345 of 2,144 statewide, top 17%, 920 students, 40% FRL); Thomas L Sims Middle School (math 77% / reading 65%, grade A, #59 of 571 statewide, top 11%, 1,098 students, 34% FRL); Pace High School (math 63% / reading 62%, grade B-, #93 of 667 statewide, top 14%, 2,240 students, 34% FRL) — zoned schools at 36% FRL track the district average.
• Market conditions: Rents rising (+2.7%/yr); 674 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 1,983 units permitted in Santa Rosa County in 2024 (128 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• Santa Rosa County population projected at +31% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 80 days — a 6% lower offer ($258k) is reasonable based on typical stale-listing flexibility.
• 10 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: moderate flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $196,356 (28.6% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 80 days. Have you received any prior offers? Is the seller open to a 29% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.71% ✗
• Cap rate: 4.77%
• Cash-on-cash: -5.44%
• DSCR: 0.76
• GRM: 11.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.72% rent growth · sell at horizon

5-year hold

• IRR: -25.9%
• Equity multiple: 0.13×
• Total profit: $-67,322
• Equity at exit: $41,002

10-year hold

• IRR: -23.4%
• Equity multiple: -0.16×
• Total profit: $-89,390
• Equity at exit: $23,776

Cash invested: $76,997 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 32571

• Home prices YoY: -17.7%
• Rents YoY: 2.7%
• Active inventory: 674
• Price-to-rent: 11.7×

Monthly cashflow live

• Estimated rent: $1,964 medium
• Mortgage (P&I): −$1,442
• Tax est. 1.5%: −$344 /mo · $4,125/yr
• Insurance: −$115
• HOA: −$0
• Vacancy / Maint / Mgmt: −$412
• Net cashflow: $-349

Break-even live

Break-even rent $2,406

Max offer price $224,463

Occupancy floor —

Sensitivity live

Price	-10% $-159	-5% $-254	+0% $-349	+5% $-444	+10% $-539
Rent	-10% $-504	-5% $-427	+0% $-349	+5% $-272	+10% $-194
Rate	-1.0pp $-211	-0.5pp $-279	base $-349	+0.5pp $-420	+1.0pp $-493

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $68,748
• Closing costs: $8,250
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3982 Edgefield St Milton, FL	3.0	2.0	1135	$1,750	$1.54	15d	1	0.12mi

Listing history 39 events

1. 2026-06-22
   days on market $274,990 Active 80 DOM
2. 2026-06-18
   days on market $274,990 Active 77 DOM
3. 2026-06-17
   days on market $274,990 Active 76 DOM
4. 2026-06-16
   days on market $274,990 Active 75 DOM
5. 2026-06-15
   days on market $274,990 Active 74 DOM
6. 2026-06-14
   days on market $274,990 Active 72 DOM
7. 2026-06-10
   days on market $274,990 Active 69 DOM
8. 2026-06-09
   days on market $274,990 Active 68 DOM
9. 2026-06-08
   days on market $274,990 Active 67 DOM
10. 2026-06-07
    days on market $274,990 Active 66 DOM
11. 2026-06-05
    days on market $274,990 Active 63 DOM
12. 2026-06-03
    days on market $274,990 Active 62 DOM
13. 2026-06-02
    pricedays on market $274,990 Active 61 DOM
14. 2026-06-01
    days on market $264,990 Active 60 DOM
15. 2026-05-31
    days on market $264,990 Active 59 DOM
16. 2026-05-31
    days on market $264,990 Active 58 DOM
17. 2026-04-21
    price $264,990 1603-char remark

    Show marketing remark (1603 chars)

    Welcome to Floridatown, an active new home community in Pace, Florida, where homes are now available from Holiday Builders' Value and Inspire collections. Floridatown offers high-quality construction, modern design, and unbeatable value-with pricing from the high $200s to low $300s. This community is perfect for first-time homebuyers, growing families, and anyone looking for affordable new construction homes in the Florida Panhandle. Discover Life in Pace Floridatown offers the charm of a close-knit town with the convenience of being just minutes from the area's most popular attractions: Floridatown Park - A local favorite for picnics, waterfront views, and sunset strolls, Simpson River Fishing Pier - A go-to destination for fishing and outdoor fun, University of West Florida - Offering education, cultural events, and community programs, Whiting Field Naval Air Station - Convenient for military families, Pensacola Beach - Just a short drive away for white sands, emerald water, and coastal fun, and more! Living in Floridatown means you're close to nature, recreation, shopping, and top-rated schools, while still enjoying a peaceful residential setting. Built for Comfort, Priced for You Choose from thoughtfully designed floorplans in our Value and Inspire collections, each offering modern finishes, energy efficiency, and flexible living spaces. Whether you need an open layout, extra bedrooms, or a stylish kitchen, Holiday Builders has a home to fit your lifestyle and budget in Floridatown. We just opened our model home! Please visit us for a tour at 4040 Edgefield Street in Pace.

18. 2026-04-17
    price $264,990
19. 2026-04-10
    price $269,990

    Show marketing remark (1603 chars)

    Welcome to Floridatown, an active new home community in Pace, Florida, where homes are now available from Holiday Builders' Value and Inspire collections. Floridatown offers high-quality construction, modern design, and unbeatable value-with pricing from the high $200s to low $300s. This community is perfect for first-time homebuyers, growing families, and anyone looking for affordable new construction homes in the Florida Panhandle. Discover Life in Pace Floridatown offers the charm of a close-knit town with the convenience of being just minutes from the area's most popular attractions: Floridatown Park - A local favorite for picnics, waterfront views, and sunset strolls, Simpson River Fishing Pier - A go-to destination for fishing and outdoor fun, University of West Florida - Offering education, cultural events, and community programs, Whiting Field Naval Air Station - Convenient for military families, Pensacola Beach - Just a short drive away for white sands, emerald water, and coastal fun, and more! Living in Floridatown means you're close to nature, recreation, shopping, and top-rated schools, while still enjoying a peaceful residential setting. Built for Comfort, Priced for You Choose from thoughtfully designed floorplans in our Value and Inspire collections, each offering modern finishes, energy efficiency, and flexible living spaces. Whether you need an open layout, extra bedrooms, or a stylish kitchen, Holiday Builders has a home to fit your lifestyle and budget in Floridatown. We just opened our model home! Please visit us for a tour at 4040 Edgefield Street in Pace.

20. 2026-04-10
    price $269,990 1603-char remark

    Show marketing remark (1603 chars)

    Welcome to Floridatown, an active new home community in Pace, Florida, where homes are now available from Holiday Builders' Value and Inspire collections. Floridatown offers high-quality construction, modern design, and unbeatable value-with pricing from the high $200s to low $300s. This community is perfect for first-time homebuyers, growing families, and anyone looking for affordable new construction homes in the Florida Panhandle. Discover Life in Pace Floridatown offers the charm of a close-knit town with the convenience of being just minutes from the area's most popular attractions: Floridatown Park - A local favorite for picnics, waterfront views, and sunset strolls, Simpson River Fishing Pier - A go-to destination for fishing and outdoor fun, University of West Florida - Offering education, cultural events, and community programs, Whiting Field Naval Air Station - Convenient for military families, Pensacola Beach - Just a short drive away for white sands, emerald water, and coastal fun, and more! Living in Floridatown means you're close to nature, recreation, shopping, and top-rated schools, while still enjoying a peaceful residential setting. Built for Comfort, Priced for You Choose from thoughtfully designed floorplans in our Value and Inspire collections, each offering modern finishes, energy efficiency, and flexible living spaces. Whether you need an open layout, extra bedrooms, or a stylish kitchen, Holiday Builders has a home to fit your lifestyle and budget in Floridatown. We just opened our model home! Please visit us for a tour at 4040 Edgefield Street in Pace.

21. 2026-04-02
    listed $279,990 Active
22. 2026-02-26
    status Active 1603-char remark

    Show marketing remark (1603 chars)

    Welcome to Floridatown, an active new home community in Pace, Florida, where homes are now available from Holiday Builders' Value and Inspire collections. Floridatown offers high-quality construction, modern design, and unbeatable value-with pricing from the high $200s to low $300s. This community is perfect for first-time homebuyers, growing families, and anyone looking for affordable new construction homes in the Florida Panhandle. Discover Life in Pace Floridatown offers the charm of a close-knit town with the convenience of being just minutes from the area's most popular attractions: Floridatown Park - A local favorite for picnics, waterfront views, and sunset strolls, Simpson River Fishing Pier - A go-to destination for fishing and outdoor fun, University of West Florida - Offering education, cultural events, and community programs, Whiting Field Naval Air Station - Convenient for military families, Pensacola Beach - Just a short drive away for white sands, emerald water, and coastal fun, and more! Living in Floridatown means you're close to nature, recreation, shopping, and top-rated schools, while still enjoying a peaceful residential setting. Built for Comfort, Priced for You Choose from thoughtfully designed floorplans in our Value and Inspire collections, each offering modern finishes, energy efficiency, and flexible living spaces. Whether you need an open layout, extra bedrooms, or a stylish kitchen, Holiday Builders has a home to fit your lifestyle and budget in Floridatown. We just opened our model home! Please visit us for a tour at 4040 Edgefield Street in Pace.

23. 2026-02-25
    historical 1603-char remark

    Show marketing remark (1603 chars)

    Welcome to Floridatown, an active new home community in Pace, Florida, where homes are now available from Holiday Builders' Value and Inspire collections. Floridatown offers high-quality construction, modern design, and unbeatable value-with pricing from the high $200s to low $300s. This community is perfect for first-time homebuyers, growing families, and anyone looking for affordable new construction homes in the Florida Panhandle. Discover Life in Pace Floridatown offers the charm of a close-knit town with the convenience of being just minutes from the area's most popular attractions: Floridatown Park - A local favorite for picnics, waterfront views, and sunset strolls, Simpson River Fishing Pier - A go-to destination for fishing and outdoor fun, University of West Florida - Offering education, cultural events, and community programs, Whiting Field Naval Air Station - Convenient for military families, Pensacola Beach - Just a short drive away for white sands, emerald water, and coastal fun, and more! Living in Floridatown means you're close to nature, recreation, shopping, and top-rated schools, while still enjoying a peaceful residential setting. Built for Comfort, Priced for You Choose from thoughtfully designed floorplans in our Value and Inspire collections, each offering modern finishes, energy efficiency, and flexible living spaces. Whether you need an open layout, extra bedrooms, or a stylish kitchen, Holiday Builders has a home to fit your lifestyle and budget in Floridatown. We just opened our model home! Please visit us for a tour at 4040 Edgefield Street in Pace.

24. 2025-12-30
    status Active 1603-char remark

    Show marketing remark (1603 chars)

    Welcome to Floridatown, an active new home community in Pace, Florida, where homes are now available from Holiday Builders' Value and Inspire collections. Floridatown offers high-quality construction, modern design, and unbeatable value-with pricing from the high $200s to low $300s. This community is perfect for first-time homebuyers, growing families, and anyone looking for affordable new construction homes in the Florida Panhandle. Discover Life in Pace Floridatown offers the charm of a close-knit town with the convenience of being just minutes from the area's most popular attractions: Floridatown Park - A local favorite for picnics, waterfront views, and sunset strolls, Simpson River Fishing Pier - A go-to destination for fishing and outdoor fun, University of West Florida - Offering education, cultural events, and community programs, Whiting Field Naval Air Station - Convenient for military families, Pensacola Beach - Just a short drive away for white sands, emerald water, and coastal fun, and more! Living in Floridatown means you're close to nature, recreation, shopping, and top-rated schools, while still enjoying a peaceful residential setting. Built for Comfort, Priced for You Choose from thoughtfully designed floorplans in our Value and Inspire collections, each offering modern finishes, energy efficiency, and flexible living spaces. Whether you need an open layout, extra bedrooms, or a stylish kitchen, Holiday Builders has a home to fit your lifestyle and budget in Floridatown. We just opened our model home! Please visit us for a tour at 4040 Edgefield Street in Pace.

25. 2025-12-29
    historical 1603-char remark

    Show marketing remark (1603 chars)

    Welcome to Floridatown, an active new home community in Pace, Florida, where homes are now available from Holiday Builders' Value and Inspire collections. Floridatown offers high-quality construction, modern design, and unbeatable value-with pricing from the high $200s to low $300s. This community is perfect for first-time homebuyers, growing families, and anyone looking for affordable new construction homes in the Florida Panhandle. Discover Life in Pace Floridatown offers the charm of a close-knit town with the convenience of being just minutes from the area's most popular attractions: Floridatown Park - A local favorite for picnics, waterfront views, and sunset strolls, Simpson River Fishing Pier - A go-to destination for fishing and outdoor fun, University of West Florida - Offering education, cultural events, and community programs, Whiting Field Naval Air Station - Convenient for military families, Pensacola Beach - Just a short drive away for white sands, emerald water, and coastal fun, and more! Living in Floridatown means you're close to nature, recreation, shopping, and top-rated schools, while still enjoying a peaceful residential setting. Built for Comfort, Priced for You Choose from thoughtfully designed floorplans in our Value and Inspire collections, each offering modern finishes, energy efficiency, and flexible living spaces. Whether you need an open layout, extra bedrooms, or a stylish kitchen, Holiday Builders has a home to fit your lifestyle and budget in Floridatown. We just opened our model home! Please visit us for a tour at 4040 Edgefield Street in Pace.

26. 2025-12-23
    status Active 1603-char remark

    Show marketing remark (1603 chars)

    Welcome to Floridatown, an active new home community in Pace, Florida, where homes are now available from Holiday Builders' Value and Inspire collections. Floridatown offers high-quality construction, modern design, and unbeatable value-with pricing from the high $200s to low $300s. This community is perfect for first-time homebuyers, growing families, and anyone looking for affordable new construction homes in the Florida Panhandle. Discover Life in Pace Floridatown offers the charm of a close-knit town with the convenience of being just minutes from the area's most popular attractions: Floridatown Park - A local favorite for picnics, waterfront views, and sunset strolls, Simpson River Fishing Pier - A go-to destination for fishing and outdoor fun, University of West Florida - Offering education, cultural events, and community programs, Whiting Field Naval Air Station - Convenient for military families, Pensacola Beach - Just a short drive away for white sands, emerald water, and coastal fun, and more! Living in Floridatown means you're close to nature, recreation, shopping, and top-rated schools, while still enjoying a peaceful residential setting. Built for Comfort, Priced for You Choose from thoughtfully designed floorplans in our Value and Inspire collections, each offering modern finishes, energy efficiency, and flexible living spaces. Whether you need an open layout, extra bedrooms, or a stylish kitchen, Holiday Builders has a home to fit your lifestyle and budget in Floridatown. We just opened our model home! Please visit us for a tour at 4040 Edgefield Street in Pace.

27. 2025-12-22
    historical 1603-char remark

    Show marketing remark (1603 chars)

    Welcome to Floridatown, an active new home community in Pace, Florida, where homes are now available from Holiday Builders' Value and Inspire collections. Floridatown offers high-quality construction, modern design, and unbeatable value-with pricing from the high $200s to low $300s. This community is perfect for first-time homebuyers, growing families, and anyone looking for affordable new construction homes in the Florida Panhandle. Discover Life in Pace Floridatown offers the charm of a close-knit town with the convenience of being just minutes from the area's most popular attractions: Floridatown Park - A local favorite for picnics, waterfront views, and sunset strolls, Simpson River Fishing Pier - A go-to destination for fishing and outdoor fun, University of West Florida - Offering education, cultural events, and community programs, Whiting Field Naval Air Station - Convenient for military families, Pensacola Beach - Just a short drive away for white sands, emerald water, and coastal fun, and more! Living in Floridatown means you're close to nature, recreation, shopping, and top-rated schools, while still enjoying a peaceful residential setting. Built for Comfort, Priced for You Choose from thoughtfully designed floorplans in our Value and Inspire collections, each offering modern finishes, energy efficiency, and flexible living spaces. Whether you need an open layout, extra bedrooms, or a stylish kitchen, Holiday Builders has a home to fit your lifestyle and budget in Floridatown. We just opened our model home! Please visit us for a tour at 4040 Edgefield Street in Pace.

28. 2025-12-21
    status Active 1603-char remark

    Show marketing remark (1603 chars)

    Welcome to Floridatown, an active new home community in Pace, Florida, where homes are now available from Holiday Builders' Value and Inspire collections. Floridatown offers high-quality construction, modern design, and unbeatable value-with pricing from the high $200s to low $300s. This community is perfect for first-time homebuyers, growing families, and anyone looking for affordable new construction homes in the Florida Panhandle. Discover Life in Pace Floridatown offers the charm of a close-knit town with the convenience of being just minutes from the area's most popular attractions: Floridatown Park - A local favorite for picnics, waterfront views, and sunset strolls, Simpson River Fishing Pier - A go-to destination for fishing and outdoor fun, University of West Florida - Offering education, cultural events, and community programs, Whiting Field Naval Air Station - Convenient for military families, Pensacola Beach - Just a short drive away for white sands, emerald water, and coastal fun, and more! Living in Floridatown means you're close to nature, recreation, shopping, and top-rated schools, while still enjoying a peaceful residential setting. Built for Comfort, Priced for You Choose from thoughtfully designed floorplans in our Value and Inspire collections, each offering modern finishes, energy efficiency, and flexible living spaces. Whether you need an open layout, extra bedrooms, or a stylish kitchen, Holiday Builders has a home to fit your lifestyle and budget in Floridatown. We just opened our model home! Please visit us for a tour at 4040 Edgefield Street in Pace.

29. 2025-12-20
    historical 1603-char remark

    Show marketing remark (1603 chars)

    Welcome to Floridatown, an active new home community in Pace, Florida, where homes are now available from Holiday Builders' Value and Inspire collections. Floridatown offers high-quality construction, modern design, and unbeatable value-with pricing from the high $200s to low $300s. This community is perfect for first-time homebuyers, growing families, and anyone looking for affordable new construction homes in the Florida Panhandle. Discover Life in Pace Floridatown offers the charm of a close-knit town with the convenience of being just minutes from the area's most popular attractions: Floridatown Park - A local favorite for picnics, waterfront views, and sunset strolls, Simpson River Fishing Pier - A go-to destination for fishing and outdoor fun, University of West Florida - Offering education, cultural events, and community programs, Whiting Field Naval Air Station - Convenient for military families, Pensacola Beach - Just a short drive away for white sands, emerald water, and coastal fun, and more! Living in Floridatown means you're close to nature, recreation, shopping, and top-rated schools, while still enjoying a peaceful residential setting. Built for Comfort, Priced for You Choose from thoughtfully designed floorplans in our Value and Inspire collections, each offering modern finishes, energy efficiency, and flexible living spaces. Whether you need an open layout, extra bedrooms, or a stylish kitchen, Holiday Builders has a home to fit your lifestyle and budget in Floridatown. We just opened our model home! Please visit us for a tour at 4040 Edgefield Street in Pace.

30. 2025-12-19
    status Active 1603-char remark

    Show marketing remark (1603 chars)

    Welcome to Floridatown, an active new home community in Pace, Florida, where homes are now available from Holiday Builders' Value and Inspire collections. Floridatown offers high-quality construction, modern design, and unbeatable value-with pricing from the high $200s to low $300s. This community is perfect for first-time homebuyers, growing families, and anyone looking for affordable new construction homes in the Florida Panhandle. Discover Life in Pace Floridatown offers the charm of a close-knit town with the convenience of being just minutes from the area's most popular attractions: Floridatown Park - A local favorite for picnics, waterfront views, and sunset strolls, Simpson River Fishing Pier - A go-to destination for fishing and outdoor fun, University of West Florida - Offering education, cultural events, and community programs, Whiting Field Naval Air Station - Convenient for military families, Pensacola Beach - Just a short drive away for white sands, emerald water, and coastal fun, and more! Living in Floridatown means you're close to nature, recreation, shopping, and top-rated schools, while still enjoying a peaceful residential setting. Built for Comfort, Priced for You Choose from thoughtfully designed floorplans in our Value and Inspire collections, each offering modern finishes, energy efficiency, and flexible living spaces. Whether you need an open layout, extra bedrooms, or a stylish kitchen, Holiday Builders has a home to fit your lifestyle and budget in Floridatown. We just opened our model home! Please visit us for a tour at 4040 Edgefield Street in Pace.

31. 2025-12-18
    historical 1603-char remark

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    Welcome to Floridatown, an active new home community in Pace, Florida, where homes are now available from Holiday Builders' Value and Inspire collections. Floridatown offers high-quality construction, modern design, and unbeatable value-with pricing from the high $200s to low $300s. This community is perfect for first-time homebuyers, growing families, and anyone looking for affordable new construction homes in the Florida Panhandle. Discover Life in Pace Floridatown offers the charm of a close-knit town with the convenience of being just minutes from the area's most popular attractions: Floridatown Park - A local favorite for picnics, waterfront views, and sunset strolls, Simpson River Fishing Pier - A go-to destination for fishing and outdoor fun, University of West Florida - Offering education, cultural events, and community programs, Whiting Field Naval Air Station - Convenient for military families, Pensacola Beach - Just a short drive away for white sands, emerald water, and coastal fun, and more! Living in Floridatown means you're close to nature, recreation, shopping, and top-rated schools, while still enjoying a peaceful residential setting. Built for Comfort, Priced for You Choose from thoughtfully designed floorplans in our Value and Inspire collections, each offering modern finishes, energy efficiency, and flexible living spaces. Whether you need an open layout, extra bedrooms, or a stylish kitchen, Holiday Builders has a home to fit your lifestyle and budget in Floridatown. We just opened our model home! Please visit us for a tour at 4040 Edgefield Street in Pace.

32. 2025-11-22
    status Active 1603-char remark

    Show marketing remark (1603 chars)

    Welcome to Floridatown, an active new home community in Pace, Florida, where homes are now available from Holiday Builders' Value and Inspire collections. Floridatown offers high-quality construction, modern design, and unbeatable value-with pricing from the high $200s to low $300s. This community is perfect for first-time homebuyers, growing families, and anyone looking for affordable new construction homes in the Florida Panhandle. Discover Life in Pace Floridatown offers the charm of a close-knit town with the convenience of being just minutes from the area's most popular attractions: Floridatown Park - A local favorite for picnics, waterfront views, and sunset strolls, Simpson River Fishing Pier - A go-to destination for fishing and outdoor fun, University of West Florida - Offering education, cultural events, and community programs, Whiting Field Naval Air Station - Convenient for military families, Pensacola Beach - Just a short drive away for white sands, emerald water, and coastal fun, and more! Living in Floridatown means you're close to nature, recreation, shopping, and top-rated schools, while still enjoying a peaceful residential setting. Built for Comfort, Priced for You Choose from thoughtfully designed floorplans in our Value and Inspire collections, each offering modern finishes, energy efficiency, and flexible living spaces. Whether you need an open layout, extra bedrooms, or a stylish kitchen, Holiday Builders has a home to fit your lifestyle and budget in Floridatown. We just opened our model home! Please visit us for a tour at 4040 Edgefield Street in Pace.

33. 2025-11-22
    historical 1603-char remark

    Show marketing remark (1603 chars)

    Welcome to Floridatown, an active new home community in Pace, Florida, where homes are now available from Holiday Builders' Value and Inspire collections. Floridatown offers high-quality construction, modern design, and unbeatable value-with pricing from the high $200s to low $300s. This community is perfect for first-time homebuyers, growing families, and anyone looking for affordable new construction homes in the Florida Panhandle. Discover Life in Pace Floridatown offers the charm of a close-knit town with the convenience of being just minutes from the area's most popular attractions: Floridatown Park - A local favorite for picnics, waterfront views, and sunset strolls, Simpson River Fishing Pier - A go-to destination for fishing and outdoor fun, University of West Florida - Offering education, cultural events, and community programs, Whiting Field Naval Air Station - Convenient for military families, Pensacola Beach - Just a short drive away for white sands, emerald water, and coastal fun, and more! Living in Floridatown means you're close to nature, recreation, shopping, and top-rated schools, while still enjoying a peaceful residential setting. Built for Comfort, Priced for You Choose from thoughtfully designed floorplans in our Value and Inspire collections, each offering modern finishes, energy efficiency, and flexible living spaces. Whether you need an open layout, extra bedrooms, or a stylish kitchen, Holiday Builders has a home to fit your lifestyle and budget in Floridatown. We just opened our model home! Please visit us for a tour at 4040 Edgefield Street in Pace.

34. 2025-11-21
    status Active 1603-char remark

    Show marketing remark (1603 chars)

    Welcome to Floridatown, an active new home community in Pace, Florida, where homes are now available from Holiday Builders' Value and Inspire collections. Floridatown offers high-quality construction, modern design, and unbeatable value-with pricing from the high $200s to low $300s. This community is perfect for first-time homebuyers, growing families, and anyone looking for affordable new construction homes in the Florida Panhandle. Discover Life in Pace Floridatown offers the charm of a close-knit town with the convenience of being just minutes from the area's most popular attractions: Floridatown Park - A local favorite for picnics, waterfront views, and sunset strolls, Simpson River Fishing Pier - A go-to destination for fishing and outdoor fun, University of West Florida - Offering education, cultural events, and community programs, Whiting Field Naval Air Station - Convenient for military families, Pensacola Beach - Just a short drive away for white sands, emerald water, and coastal fun, and more! Living in Floridatown means you're close to nature, recreation, shopping, and top-rated schools, while still enjoying a peaceful residential setting. Built for Comfort, Priced for You Choose from thoughtfully designed floorplans in our Value and Inspire collections, each offering modern finishes, energy efficiency, and flexible living spaces. Whether you need an open layout, extra bedrooms, or a stylish kitchen, Holiday Builders has a home to fit your lifestyle and budget in Floridatown. We just opened our model home! Please visit us for a tour at 4040 Edgefield Street in Pace.

35. 2025-11-21
    historical 1603-char remark

    Show marketing remark (1603 chars)

    Welcome to Floridatown, an active new home community in Pace, Florida, where homes are now available from Holiday Builders' Value and Inspire collections. Floridatown offers high-quality construction, modern design, and unbeatable value-with pricing from the high $200s to low $300s. This community is perfect for first-time homebuyers, growing families, and anyone looking for affordable new construction homes in the Florida Panhandle. Discover Life in Pace Floridatown offers the charm of a close-knit town with the convenience of being just minutes from the area's most popular attractions: Floridatown Park - A local favorite for picnics, waterfront views, and sunset strolls, Simpson River Fishing Pier - A go-to destination for fishing and outdoor fun, University of West Florida - Offering education, cultural events, and community programs, Whiting Field Naval Air Station - Convenient for military families, Pensacola Beach - Just a short drive away for white sands, emerald water, and coastal fun, and more! Living in Floridatown means you're close to nature, recreation, shopping, and top-rated schools, while still enjoying a peaceful residential setting. Built for Comfort, Priced for You Choose from thoughtfully designed floorplans in our Value and Inspire collections, each offering modern finishes, energy efficiency, and flexible living spaces. Whether you need an open layout, extra bedrooms, or a stylish kitchen, Holiday Builders has a home to fit your lifestyle and budget in Floridatown. We just opened our model home! Please visit us for a tour at 4040 Edgefield Street in Pace.

36. 2025-11-13
    status Active 1603-char remark

    Show marketing remark (1603 chars)

    Welcome to Floridatown, an active new home community in Pace, Florida, where homes are now available from Holiday Builders' Value and Inspire collections. Floridatown offers high-quality construction, modern design, and unbeatable value-with pricing from the high $200s to low $300s. This community is perfect for first-time homebuyers, growing families, and anyone looking for affordable new construction homes in the Florida Panhandle. Discover Life in Pace Floridatown offers the charm of a close-knit town with the convenience of being just minutes from the area's most popular attractions: Floridatown Park - A local favorite for picnics, waterfront views, and sunset strolls, Simpson River Fishing Pier - A go-to destination for fishing and outdoor fun, University of West Florida - Offering education, cultural events, and community programs, Whiting Field Naval Air Station - Convenient for military families, Pensacola Beach - Just a short drive away for white sands, emerald water, and coastal fun, and more! Living in Floridatown means you're close to nature, recreation, shopping, and top-rated schools, while still enjoying a peaceful residential setting. Built for Comfort, Priced for You Choose from thoughtfully designed floorplans in our Value and Inspire collections, each offering modern finishes, energy efficiency, and flexible living spaces. Whether you need an open layout, extra bedrooms, or a stylish kitchen, Holiday Builders has a home to fit your lifestyle and budget in Floridatown. We just opened our model home! Please visit us for a tour at 4040 Edgefield Street in Pace.

37. 2025-11-11
    historical 1603-char remark

    Show marketing remark (1603 chars)

    Welcome to Floridatown, an active new home community in Pace, Florida, where homes are now available from Holiday Builders' Value and Inspire collections. Floridatown offers high-quality construction, modern design, and unbeatable value-with pricing from the high $200s to low $300s. This community is perfect for first-time homebuyers, growing families, and anyone looking for affordable new construction homes in the Florida Panhandle. Discover Life in Pace Floridatown offers the charm of a close-knit town with the convenience of being just minutes from the area's most popular attractions: Floridatown Park - A local favorite for picnics, waterfront views, and sunset strolls, Simpson River Fishing Pier - A go-to destination for fishing and outdoor fun, University of West Florida - Offering education, cultural events, and community programs, Whiting Field Naval Air Station - Convenient for military families, Pensacola Beach - Just a short drive away for white sands, emerald water, and coastal fun, and more! Living in Floridatown means you're close to nature, recreation, shopping, and top-rated schools, while still enjoying a peaceful residential setting. Built for Comfort, Priced for You Choose from thoughtfully designed floorplans in our Value and Inspire collections, each offering modern finishes, energy efficiency, and flexible living spaces. Whether you need an open layout, extra bedrooms, or a stylish kitchen, Holiday Builders has a home to fit your lifestyle and budget in Floridatown. We just opened our model home! Please visit us for a tour at 4040 Edgefield Street in Pace.

38. 2025-11-05
    listed $279,990 Active 1603-char remark

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    Welcome to Floridatown, an active new home community in Pace, Florida, where homes are now available from Holiday Builders' Value and Inspire collections. Floridatown offers high-quality construction, modern design, and unbeatable value-with pricing from the high $200s to low $300s. This community is perfect for first-time homebuyers, growing families, and anyone looking for affordable new construction homes in the Florida Panhandle. Discover Life in Pace Floridatown offers the charm of a close-knit town with the convenience of being just minutes from the area's most popular attractions: Floridatown Park - A local favorite for picnics, waterfront views, and sunset strolls, Simpson River Fishing Pier - A go-to destination for fishing and outdoor fun, University of West Florida - Offering education, cultural events, and community programs, Whiting Field Naval Air Station - Convenient for military families, Pensacola Beach - Just a short drive away for white sands, emerald water, and coastal fun, and more! Living in Floridatown means you're close to nature, recreation, shopping, and top-rated schools, while still enjoying a peaceful residential setting. Built for Comfort, Priced for You Choose from thoughtfully designed floorplans in our Value and Inspire collections, each offering modern finishes, energy efficiency, and flexible living spaces. Whether you need an open layout, extra bedrooms, or a stylish kitchen, Holiday Builders has a home to fit your lifestyle and budget in Floridatown. We just opened our model home! Please visit us for a tour at 4040 Edgefield Street in Pace.

39. 2025-09-24
    soldstatus $288,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone X (unshaded) · 52% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥105°F today · 22 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,563
• − Mortgage interest: −$15,404
• − Property taxes: −$4,125
• − Insurance: −$1,375
• − Repairs & maintenance: −$1,885
• − Management: −$1,885
• − Depreciation: −$8,000
• Taxable loss: −$9,111
• Est. tax savings @ 24.0%: +$2,187
• After-tax cash flow: $-2,004/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Santa Rosa
• NCES district ID: 1201650
• Math proficiency: 63% ▼ -6.00%
• Reading proficiency: 60% ▼ -5.00%
• Median HH income: $58,161
• Composite: 53.12/100
• National rank: #1511
• State rank: #8 of 73 in FL

Livability — Floridatown

• Score: 51/100
• State rank: #889
• US rank: #25447

Category grades

Amenities F Commute F Cost of living A+ Crime A Employment F Housing F Health & safety F User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Floridatown, FL
• County: Santa Rosa County · 194,764 people
• Metro: Pensacola-Ferry Pass-Brent, FL
• Population (ZIP): 42,171
• Household income: $87,617
• Rent vs Own: 16.1% rent · 83.9% own
• Severe rent burden: 301.0

Population outlook (Santa Rosa County) Hauer SSP2

• Today (2025): 195,978 people
• By 2030: 209,782 · +7.0%
• By 2040: 235,293 · +20.1%
• By 2050: 256,408 · +30.8%
• By 2075: 298,074 · +52.1%
• By 2100: 303,216 · +54.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (80%)
• Race & ethnicity: White 80% Two or more races 9% Hispanic / Latino 6% Black 4% Asian 2%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Lithuanian 4% Italian 3% Slovak 2%
• Foreign-born: 6% · Canada, South Korea
• Languages at home: 93% English-only · Spanish 2% Other Indo-European 1% Russian/Polish/Slavic 1%

Political lean MEDSL · Santa Rosa

• 2024 margin: Solid R (+51.0) · D 24.1% · R 75.0%
• 2008→2024 swing: -3.0pp toward R · 2008: -47.9pp · 2024: -51.0pp
• All cycles: 2024: R+51.0 2020: R+46.5 2016: R+53.5 2012: R+52.6 2008: R+47.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -62.39%
• Current HPI: 290.2953
• Rent YoY: ▲ 2.72%
• Metro: Pensacola-Ferry Pass-Brent, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

-8.0% since first listed

23 events — show timeline

• 2026-04-21 Price Changed $264,990 Zillow
• 2026-04-17 Price Changed $264,990 PARMLS
• 2026-04-10 Price Changed $269,990 PARMLS
• 2026-04-10 Price Changed $269,990 Zillow
• 2026-04-02 Listed $279,990 PARMLS
• 2026-02-26 Relisted — Zillow
• 2026-02-25 Delisted — Zillow
• 2025-12-30 Relisted — Zillow
• 2025-12-29 Delisted — Zillow
• 2025-12-23 Relisted — Zillow
• 2025-12-22 Delisted — Zillow
• 2025-12-21 Relisted — Zillow
• 2025-12-20 Delisted — Zillow
• 2025-12-19 Relisted — Zillow
• 2025-12-18 Delisted — Zillow
• 2025-11-22 Relisted — Zillow
• 2025-11-22 Delisted — Zillow
• 2025-11-21 Relisted — Zillow
• 2025-11-21 Delisted — Zillow
• 2025-11-13 Relisted — Zillow
• 2025-11-11 Delisted — Zillow
• 2025-11-05 Listed $279,990 Zillow
• 2025-09-24 Sold (Public Records) $288,000 Public Records