$149,000
Alford, FL 32420
MLS# 784008
2 beds | 1 baths | 644 sqft

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Property Description
Situated on approximately 1 acre with direct water access, the property features a private dock, stunning lake views, and plenty of outdoor space to relax and enjoy Florida lake life. The cozy 2-bedroom, 1-bath home has been thoughtfully updated with a newer roof, updated flooring, fresh paint, mini-split system, and a spacious screened porch overlooking the water. Enjoy morning coffee by the lake, sunset evenings on the dock, kayaking, fishing, and the quiet privacy this property provides. Short-term rentals are allowed, making this an excellent investment opportunity or affordable personal retreat. Conveniently located near Marianna, Panama City, and Dothan while still offering the peaceful feeling of getting away from it all. If you've been searching for an affordable waterfront property with charm, privacy, and income potential, this is the one.
Details
Maps
Contract Info
List Price/SqFt: 231.37
Status: Active
List Date: 2026-01-09
List Price: $149,000
Current Price: $149,000
Location
Sub Area: 0904 - Jackson - Alford/Compass Lake
Community/Resort: None
Waterfront: Yes
Gulf Access: No
Directions: From Panama City
Take US 231 north
Turn right on Lakepoint Road
Turn right on Compass Lake Drive
Stay left on Compass Lake Drive
Turn right on Buddy Biway
Go Straight on McDonald Drive
Turn left on McTavish Road
Turn left on Mcpherson Drive
House is on the left
Area: 09 - Jackson County
Street #: 519
Street Name: Mcpherson
Street Suffix: Drive
State: FL
Zip Code: 32420
County: Jackson
Subdivision: Highlands At Compass Lake
Parcel ID: 05-2N-11-0201-00A0-0060
Legal Description: OR 286 P 915 LOT 6 BLK AHIGHLANDS OF COMPASS LAKEUNIT 2...OR 531 P 113 OR 610 P 404 OR 639 P 171 OR 1512 P 236 OR 1609 P 335 OR 1654 P 733 OR 1693 P 673
General Property Info
Acreage: 1.03
Design: Single Wide
Lot Size (SqFt): 44997
Apx SqFt(Htd/Cooled): 644
Immediate Occupancy: Yes
Construction Status: Construction Complete
SqFt Source: Prop App Site
# of Stories in Building: 1
Lot Dimensions: 126x355x129x356
New Construction: No
Garage Y/N: No
Pool: No
Sub-Type: Mobile/Manufactured
Bedrooms: 2
Full Baths: 1
Total Baths: 1
Year Built: 1969
Listing Info, Tax and Legal
Homestead: No
HOA Fee: No
Senior Community: No
Is Subject Leased: No
New Buyer Fee: No
Last Taxes: 230
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: Situated on approximately 1 acre with direct water access, the property features a private dock, stunning lake views, and plenty of outdoor space to relax and enjoy Florida lake life.
The cozy 2-bedroom, 1-bath home has been thoughtfully updated with a newer roof, updated flooring, fresh paint, mini-split system, and a spacious screened porch overlooking the water. Enjoy morning coffee by the lake, sunset evenings on the dock, kayaking, fishing, and the quiet privacy this property provides.
Short-term rentals are allowed, making this an excellent investment opportunity or affordable personal retreat. Conveniently located near Marianna, Panama City, and Dothan while still offering the peaceful feeling of getting away from it all.
If you've been searching for an affordable waterfront property with charm, privacy, and income potential, this is the one.
Family Room
First: 1
Appliances
Cooktop - Electric: 1
Dryer: 1
Range - Electric: 1
Refrigerator: 1
Washer: 1
Water Heater - Electric: 1
Construction/Siding
Roof - Metal: 1
Siding - Vinyl: 1
Exterior
Deck Covered: 1
Porch Screened: 1
Waterfront Feature
Dock: 1
Financing
Cash: 1
Conventional: 1
FHA: 1
VA: 1
Furnished
Unfurnished: 1
Kitchen
First: 1
Lot Features
Cleared: 1
Deeded Access Water: 1
Waterfront: 1
Lot Access
Dirt/Clay Road: 1
Parking Features
Additional Parking: 1
Drive Through: 1
RV Access/Parking: 1
Mstr Bath / Mstr Bdrm
MBath Shower/Tub Combo: 1
Present Zoning
Mobile Home: 1
Resid Single Family: 1
Rooms
Family Room: 1
Kitchen: 1
Utilities
Electricity - Connected: 1
Private Well: 1
Septic Tank: 1
Waterview
Lake: 1
Accessibility Features
Accessible Approach with Ramp: 1
Sale Type
As Is: 1
Waterfront Type
Lakefront: 1
Cooling
Ceiling Fan(s): 1
Electric: 1
Wall Unit(s): 1
Heating
Central: 1
Electric: 1
Forced Air: 1
Property Features
Accessibility Features: Accessible Approach with Ramp
Appliances: Cooktop - Electric; Dryer; Range - Electric; Refrigerator; Washer; Water Heater - Electric
Cooling: Ceiling Fan(s); Electric; Wall Unit(s)
Heating: Central; Electric; Forced Air
Exterior: Deck Covered; Porch Screened
Financing: Cash; Conventional; FHA; VA
Furnished: Unfurnished
Kitchen: First
Lot Features: Cleared; Deeded Access Water; Waterfront
Lot Access: Dirt/Clay Road
Family Room: First
Parking Features: Additional Parking; Drive Through; RV Access/Parking
Rooms: Family Room; Kitchen
Sale Type: As Is
Utilities: Electricity - Connected; Private Well; Septic Tank
Waterfront Type: Lakefront
Waterfront Feature: Dock
Waterview: Lake
Present Zoning: Mobile Home; Resid Single Family
Room Information
| Room Name | Level | Dimensions | Length | Width |
| Family Room | First | 128 x 13 | 128.00 | 13.00 |
| Kitchen | First | 14 x 13 | 14.00 | 13.00 |
Listing Office: Gulf Life Real Estate Inc
Last Updated: May - 13 - 2026
Information deemed reliable but not guaranteed.
