Rent to own Homes in Pace, FL
Pace is an unincorporated area in Santa Rosa County, Florida which has experienced tremendous growth in recent years. From the 2000 census to the 2010 census, the population more than doubled which brought the total residency to 20,039. With 9.4 square miles of land and all of this growth activity, the area is experiencing rapid development and expansion. Historically, the city is known for its lumber and paper production capacity and though it is not a city the locals often refer to it as such.
Pace, FL is a great place for affordable rent-to-own homes! With a median household income of over $65,446 and a median rent of $1,066, the Pace, FL rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Pace, FL. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
More Pace, FL Property Resources
Rent to own Homes in Cities Near Pace, FL
- Allentown
- Avalon
- Bagdad
- Baker
- Bellview
- Berrydale
- Brent
- Brownsdale
- Cantonment
- Chumuckla
- Cobbtown
- Dickerson City
- East Milton
- Ensley
- Ferry Pass
- Fidelis
- Floridatown
- Garcon Point
- Gonzalez
- Goulding
- Gulf Breeze
- Harold
- Holley
- Holt
- Jay
- Lillian
- Milton
- Molino
- Mount Carmel
- Mulat
- Munson
- Myrtle Grove
- Navarre
- Navarre Beach
- Oriole Beach
- Pace
- Pea Ridge
- Pensacola
- Pensacola Station
- Pine Level
- Point Baker
- Roeville
- Seminole
- Springhill
- Tiger Point
- Wallace
- Warrington
- West Pensacola
- Whitfield
- Woodlawn Beach
Neighborhoods in Pace, FL
No neighborhoods foundPopular Zip Codes in Pace, FL
No zip codes foundBuying a Home in Pace, FL
Pace, FL is seeing rapid growth and Pace, FL's' housing market remains optimal with an average home price that is -14% below the 2024 national average. Pace, FL is part of Santa Rosa county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Santa Rosa is 0.72% which is below the national average, which is 0.99%.
Median Home Price in Pace, FL
Median Rent in Pace, FL
7 Reasons to Live in Pace, FL
Great real estate opportunities! Depending on where you go in Florida, the real estate market can offer some of the most expensive homes or the least expensive. In the case of Pace, most homes for sale are around the Florida average, making for a good deal of opportunities. If you're looking for lower priced real estate, Nobles Plantation is the perfect subdivision of Pace. If you're looking for a home with some more land, Laurelwood could be the place to search. Rent to own homes are also available around the area.
Extremely affordable rental opportunities! In addition to reasonable house sale prices, there are also a variety of great apartment complexes in Pace. Bell Ridge and Magnolia Crossing both have apartments available starting well below the national average, giving a great opportunity for new residents.
Enjoy local sporting opportunities! There is always plenty to enjoy in Pace, Fl. A quick game at the Stonebrook Golf Club is one of the preferred activities among locals. Another great way to pass the time is to go to the Simpson River Fishing Pier and try your luck.
Simply enjoy the outdoors! As with any part of Florida, there is also plenty of opportunity to simply enjoy the outdoors. Benny Russell Park or Floridatown Park are both great options if you just want some fresh air.
Witness the local culture! The area also has its fair share of artistic avenues. The Paint Parlor is a beautiful local art gallery to explore. If you're looking for something more active, Time to Shine--The Center for Performing Arts is another great stop.
A great place for animal lovers! If you love animals, Pace has everything you need to remain happy in that department. The local Village Groomers will keep your pet well-taken care of. If you have a dog, you should definitely check out the Lucky Dog Boutique & Spa.
Taste the local cuisine! As you might expect, there are also some great restaurants to enjoy. Socios Pizza-Pasta has some of the best pizza in town. Wasabi House is another largely popular local spot.