Wallace is an unincorporated community and census-designated place in Santa Rosa County, Florida, United States.

[1] It is part of the Pensacola—Ferry Pass—Brent, Florida Metropolitan Statistical Area.

According to the U.S. Census Bureau, the community has an area of 11.751 square miles (30.43 km2); 11.716 square miles (30.34 km2) of its area is land, and 0.035 square miles (0.091 km2) is water.

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