Residential Land for Sale in DeFuniak Springs, Florida

1246 N US Highway 331 DeFuniak Springs, FL 32433

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$500,000
9.63 acres
Active sale agoEst $3,702/mo

Hwy frontage along US Hwy 331! 4 Lots make up this 9.63 acre property, the front of the lots are situated along Hwy 331N, while the rear of the properties back up to Lake Rosemary. Current zoning will allow for up to 4 units per acre. With the possibility to convert the property to commercial allowing 12 units per acre. Converting from residential to commercial would require Walton County's approval. This land has so much opportunity; developing for housing, creating an RV Park or so much more. The property currently offers a 2 bay pole barn with a storage room, and a 3 bay pole barn. The property has electricity, a well & septic are both available, but the condition of them are unknown. This land has been used for 25+ years for heavy equipment including but not limited to (cont) to directional boring rigs, dump trucks, semi trucks, tractors, trailers, motor homes, etc. Phone lines have been on the property previously, condition is also unknown by the Seller.

Directions

From the intersection of Hwy 331 S & Hwy 90, turn left onto Hwy 90 and follow 1.8 miles to continue along Hwy 331 North. Property will be 1.2 miles north on the right. Look for signs.

Location

Street Address
1246 N US Highway 331
Community
Lake Rosemary Estates Unit 1
Elevation
236 feet
Coordinates
30.7522, -86.148

Property details

Zoning
Resid Single Family
MLS Number
ECARMLS 961161
Date Posted

Property taxes

2023
$898

Parcels

  • 16-3N-19-19010-000-0040
  • 16-3N-19-19010-000-0050

Legal description

This 9.63-acre property is located at 1246 N US Highway 331 in DeFuniak Springs, FL 32433 with latitude 30.7522 and longitude -86.148. The property is currently available for sale for $500,000 with a price per acre of $51,921. Listing data is sourced from Emerald Coast Association of Realtors # 961161.

Verify sale details at the property source or contact Berkshire Hathaway HomeServices at (850) 534-3006.

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Copyright (C) 2024 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 2 hours ago. Parcel data by Regrid.

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