#666175, Joshua Deason, Listing office: Gulf Real Estate Group, LLC
Property details
About 3125 Zepp Ln
Look at this perfect INVESTMENT opportunity on ALMOST an ACRE right in the heart of Pace - just a mile from Five Points. This beautifully remodeled and unique MULTI-UNIT home is a total of 3,400 sq ft, and features a 768 sq ft COTTAGE on the property, as well - for a total of 4,168 sq ft for the entire property. There is a total of 3 units on this property, and all are currently leased. The main multi-unit home features 2 units - one unit has 4 bedrooms and 2 bathrooms, and the other unit has 2 bedrooms and 2 bathrooms. The cottage has 2 bedrooms and 1 bathroom. The rental income for these 3 units is EXCELLENT, and there is some potential for income growth with these units. The main multi-unit has the following features: Roof 2024, HVAC 2024 & 2025, Hot Water Heater 2024, LVP Flooring, Granite Countertops, Stainless Steel Appliances. The cottage has the following features: Tankless Water Heater 2024, New Carpet, Renovated in 2024. This property is UNIQUE, and allows for investment opportunity or could be a family compound. Two other properties on Zepp Lane are available (MLS 666249 & 666227) - you could invest in just this property or you could potentially invest in all 3 properties on Zepp Lane. Opportunities like this dont come around often so dont miss this OPPORTUNITY to make this property your own!
Highlights
Summary
- Appliances: Electric Water Heater, Tankless Water Heater
- Flooring Type: Tile, Carpet
- Interior: Attached Self Contained Living Area
- Total Bedroom Count: 2
- Parking: Driveway, Front Entrance
- Heating: Multi Units, Central
- Cooling: Ceiling Fan(s), Multi Unit(s), Central Air
- List Price: $689,000
- Annual Tax Amount: $3,754
- Tax Year: 2023
- Lot: Interior Lot
- Directions: From Five Points in Pace, turn onto Quintette. Go approx 1.2 miles on Quintette, and turn left onto Zepp Lane. The property is the next to last property on the left.
- Year Built: 1980
- Stories: 2
- MLS Number: 666285
- MLS Name: Pensacola MLS
- Office Name: Coldwell Banker Realty
- Office Phone: (850) 736-8050
- Listing Agent: Lynn Green
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Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 11, 2022 | Home Sold | $795,000 |
Jan 07, 2002 | Home Sold | $130,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $286,731 | $3,754 |
2022 | $280,949 | $- |
2021 | $225,953 | $- |
2019 | $192,577 | $258 |
2017 | $176,447 | $- |
History based on county public records data.
Nearby schools
6
S. S. Dixon Intermediate School
Public District 3-5
2.0 mi
•5540 Education Dr
7
Berryhill Elementary School
Public District PK-5
4.5 mi
•4900 Berryhill Rd
5
Pea Ridge Elementary School
Public District PK-5
5.7 mi
•4775 School Ln
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $86,700. Most Pace, FL residents have annual incomes between $35k-100k. Most families are married, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 3125 Zepp Ln
The listing price of 3125 Zepp Ln property is $689,000.
The property 3125 Zepp Ln is a house located in Pace, Florida, 32571.
Active Listing: 3125 Zepp Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 3125 Zepp Ln are: S. S. Dixon Intermediate School (GreatSchools Rating 6/10), Berryhill Elementary School (GreatSchools Rating 7/10), Pea Ridge Elementary School (GreatSchools Rating 5/10), Thomas L. Sims Middle School (GreatSchools Rating 8/10), Hobbs Middle School (GreatSchools Rating 4/10), Avalon Middle School (GreatSchools Rating 5/10), Pace High School (GreatSchools Rating 6/10), Santa Rosa Virtual Franchise (GreatSchools Rating 8/10), Santa Rosa Adult School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $3,754 (source: MLS/based on county public records data).
The last sale was on October 11, 2022 for $795,000 (source: MLS/tax record).
The property at 3125 Zepp Ln has 2 bedrooms and 0 bathroom.
The year of construction for 3125 Zepp Ln is 1980.
This home is located at 3125 Zepp Ln in Pace, FL and zip code 32571 in the Wallace neighborhood. Features: 2 bedrooms, 0 bathroom. It has been listed on Rocket Homes since June 23, 2025 and is currently priced at $689,000.
In June 2025, from all listings sold in Pace, FL there were more than 7 sold above asking price, over 33 sold below and more than 10 were sold right at the asked price. The number of listings in Pace, FL increased by 7.5% between May and June 2025. Listings spent 48 days on the market in June 2025, and had a median list price of $328,508 during the same period.