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PACE IS THE PLACE IF YOU NEED SOME SPACE! This all brick pool home sits on a .3 acre lot just minutes from NOLF Spencer Field and an easy commute to Pensacola and the beaches. Pace Mill Creek offers extensive sidewalks in a park-like setting ideal for taking long, relaxing strolls or bike rides. A serene drive through the winding and beautifully landscaped entry welcomes you to this move-in ready, split bedroom floor plan home. Cathedral ceilings in the entry and living room emphasize the spacious layout of the open kitchen and living room. Kitchen features warm wood tone cabinets and granite counter tops, complimented by stainless appliances and a smooth top range. A separate formal dining room is easily accessible from both the kitchen and living room. Natural lighting abounds throughout the house. Freshly repainted throughout with new carpet in all the bedrooms. This bright, clean and neutral decor is ready for your personal touches! The primary bedroom en-suite with tray ceiling offers an oversize walk-in closet and spacious bath featuring separate shower and garden tub. Plenty of open and covered patio space in the backyard is accessible from the living room and offers a great place to relax. Just a few steps away is an above ground, easy to maintain pool. A generous size storage building provides all the storage space you need. This is a great opportunity to own some space in Pace at a great price!

  • Bedrooms
    4
  • Bathrooms
    2
  • Year Built
    2017
  • Stories
    1.0
  • Architectural Style
    Contemporary
  • Construction Materials
    Frame
  • Foundation
    Slab
  • Garage Spaces
    2.0
  • Parking Features
    Garage Door Opener
  • Living Area
    1941.0
  • Interior Features
    Ceiling Fan(s), Cathedral Ceiling(s), Eat-in Kitchen
  • Appliances
    Dishwasher, Electric Water Heater, Microwave, Disposal
  • Flooring
    Tile, Carpet
  • Exterior Features
    Rain Gutters
  • Patio And Porch
    Covered, Patio
  • Pool Features
    Above Ground
  • Security Features
    Smoke Detector(s)
  • Cooling
    Ceiling Fan(s), Central Air
  • Heating
    Central

  • Acres
    0.3
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of 5514 Mill Race Cir?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 5514 Mill Race Cir.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 5514 Mill Race Cir?

Click Ask a Question to talk with our team. You already know it is a 4 bed, 2 bath, listed for $344,900. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Pace, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 5514 Mill Race Cir?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 5514 Mill Race Cir at around $1,963. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 5514 Mill Race Cir?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Santa Rosa County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 5514 Mill Race Cir?

In most cases, yes. Whether 5514 Mill Race Cir is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Pace's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 5514 Mill Race Cir?

We can handle that for you. Our preferred local agent specializes in residentials in Pace and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $344,900 with 1,941 sqft of space—that comes out to approximately $178 per square foot.

How long has this property been on the market?

5514 Mill Race Cir was listed on August 04, 2026, which means it's been on the market for 98 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 2017, making it approximately 9 years old.

What is the lot size of this property?

5514 Mill Race Cir sits on a 0.3-acre lot, which is 13,068 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Dixon
  • Middle: SIMS
  • High: Pace

Want to see how these schools compare? Check out our Santa Rosa County School Guide to see ratings, reviews, and more for the schools in the area.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $500 paid annually.

Is 5514 Mill Race Cir still available for sale?

This home is under contract, but may still accept backup offers. Click ♥ to track updates or connect with our local expert to see if it's still worth pursuing.

Source: ez Home Search, MLS Data

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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Pensacola Association of REALTORS®, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Continental Real Estate Group, Inc are governed by the PAR Rules and Regulations and detailed information about them includes the name of the listing companies. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. Copyright © 2026 Pensacola Association of REALTORS®, Inc. All Rights Reserved.

Last Updated: November 10, 2026 at 08:00AM | Source: Pensacola Association of REALTORS | MLS#: 687051