3 months on rocket

Backup Offers

3378 Lodging Cir, Pace, FL, 32571

$1,100,000

Home List Price

$10,000*

Closing Credit

16 Bedrooms
8 Full Baths
6,144 SqFt
$179/SqFt
Condo

Location

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3378 Lodging Cir, Pace$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Parking2 Space/Unit
Year Built1984
HeatingCentral
CoolingCentral Air
MLS #649500
StatusAccepting Backup Offers
(Contingent)

About 3378 Lodging Cir

8 quality units in the heart of Pace and located just a half mile north of the popular and growing 5 points intersection where youll find the new Starbucks and Publix! All units are 2 bedroom / 1 bath and have: central heat & air, open living room and kitchen layout with washer dryer connections in the unit and a private patio plus a dedicated storage room outside the unit. The current gross rent is $8400 per month but with the 3 most recent vacant units renting for $1250 per month there is room to increase revenue. 4 Units have been totally remodeled and rent has been increased but the other 4 units offer opportunities to increase your return through value add improvements and higher rent. Conveniently, all leases under $1150 are month to month and all leases at $1150 and up are locked into a lease up to 1 year. The property has been well kept and the current owners have made over $75k in capital improvements(Interior renovation, fences, paved parking area, new windows in 2 units) in the last few years. Each unit is separately metered and the tenants pay their own utilities. The owner pays the electric bill for the lift station and splits the bill for the dumpster with the neighboring property. Lodging Cir is a small private circle drive community made up of 4 quadplexes with trees surrounding the neighborhood and a large area of green grass in the center. The current offering of 3378 & 3386 Lodging Cir sit next door to each other. Both buildings received a new roof in 2021. This is the ideal rental, it makes good money today but still offers lots of upside for the new owner!

Property Details

Property Features

Property Information:

  • Year Built: 1984
  • Stories: 1
  • Living Area: 6,144 SqFt

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY GULF COAST
  • Office Phone: (850) 471-5000
  • Listing Agent: Matthew Jones

Interior Features

Interior Information:

  • Appliances: Electric Water Heater, Dishwasher, Refrigerator
  • Flooring Type: Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 8
  • Total Bedroom Count: 16

Exterior Features

Parking Information:

  • Parking: 2 Space/Unit

Lot Features

Lot Information:

  • Lot: Corner Lot, Interior Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Heading North on Chumuckla Hwy, the turn in is on your left approximately .4 miles north of 5 points and immediately south of Tunnel Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000
  • Price Per SqFt: $179/SqFt

Tax Information:

  • Annual Amount: $1,418
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Pace, FL.

Med. Sold Price

$334.2K

Med. Price/SqFt

$177

Avg. Days On Market

72

# of Sold Homes

58

3378 Lodging Cir vs Pace

107 DAYS ON ROCKET

+35 Days

$1,100,000

+$765.7K More

$179/SqFt

+$2 More

KEY TAKEAWAY

This property is $765.7K more than the Median Sold Price and $2/SqFt more than other homes in Pace, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Pensacola MLS
  • MLS Number: #649500

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY GULF COAST
  • Office Phone: (850) 471-5000
  • Listing Agent: Matthew Jones

Copyright © 2024 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 10:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 09, 2021Home Sold
$321,550

Tax History

YEARPROP. TAXASSESSMENT
2020$1,418$116,417
2019$1,517$110,725
2017$1,641$105,463

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-290736
8
/10
  • S. S. Dixon Intermediate School

  • 5540 Education Dr

  • 1.18 miles

  • Public District Grades 3-5

school-card-donut-290737
6
/10
  • Berryhill Elementary School

  • 4900 Berryhill Rd

  • 3.87 miles

  • Public District Grades PK-5

school-card-donut-290738
5
/10
  • Pea Ridge Elementary School

  • 4775 School Ln

  • 4.95 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $86,700. Residents of Pace, FL typically earn between $35k-100k each year. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3378 Lodging Cir

What is the listing price of this property?

The listing price of 3378 Lodging Cir property is $1,100,000.

What type of property is this?

The property 3378 Lodging Cir is a condo located in Pace, Florida, 32571.

Is this property for sale now?

Accepting Backup Offers: 3378 Lodging Cir is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,418 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 9, 2021 for $321,550. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3378 Lodging Cir has 16 bedrooms and 8 bathrooms.

What is the square footage of this property?

The property 3378 Lodging Cir is 6,144 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3378 Lodging Cir is 1984.

Rocket HomesFloridaSanta Rosa CountyPace325713378 Lodging Cir

This home is located at 3378 Lodging Cir in Pace, FL and zip code 32571. This 6,144 square foot home was built in 1984. Features: 16 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $1,100,000.

In October 2024, from all listings sold in Pace, FL there were more than 2 sold above asking price, over 29 sold below and more than 23 were sold right at the asked price. In October 2024 in Pace, FL there were 7.3% more homes for sale than in September 2024. In October 2024 median list price was $334,218 and the average listing age was 72 days.

From Rocket Homes Real Estate and based on county public records data.

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