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4040 Wilkes St, 
Pace, FL 32571

$199,000


2

Beds


2

Baths


1,794

Sq Ft


Single Family

Active

Listed by

Elizabeth Ranieri-Sorrells

Remax Select Partners

Last updated:

July 25, 2026, 10:18 AM

MLS#

686454

Source:

FL PMLS

About This Home

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 features 2 bedrooms, 2 full baths, a large kitchen, dedicated laundry room, and low-maintenance tile flooring throughout. Originally built in 1925, the home has been updated with a new roof, central air conditioning, and has 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, offers its own private driveway, private entrance, and low-maintenance tile flooring, making it ideal for rental income, guests, or extended family. The large lot offers plenty of outdoor space and a shed for added storage. Whether you're an investor looking to add a proven income-producing property to your portfolio, a homeowner wanting to offset your mortgage by renting the ADU, or searching for the perfect multi-generational living arrangement, this property checks all the boxes. Both the main home and detached apartment are currently rented on month-to-month leases with long-term tenants, providing immediate income potential while maintaining flexibility for future plans.

Home Facts

Single Family

2 Baths

2 Bedrooms

Built in 1925

Price Summary

199,000

$110 per Sq. Ft.

MLS #:

686454

Last Updated:

July 25, 2026, 10:18 AM

Added:

a day ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,794 Sq. Ft.


Structure

Structure

Architectural Style:

Single Family Residence, Traditional

Building Area:

1,218 Sq. Ft.

Year Built:

1925


Lot

Lot Size (Sq. Ft):

14,810


Finances & Disclosures

Finances

Price:

$199,000

Price per Sq. Ft:

$110 per Sq. Ft.

Source:FL PMLS
The information being provided by Pensacola Association Of REALTORS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Pensacola Association Of REALTORS®. Remax Select Partners is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Remax Select Partners, a broker participant of Pensacola Association Of REALTORS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Pensacola Association Of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Pensacola Association Of REALTORS®. All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.