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    1586 Us-331 Defuniak Springs, FL 32435

    For Sale
    $1,250,000

    LAND - DeFuniak Springs, FL

    Lot size:
    3.00 Acres
    Days on Market:
    139
    Last Refresh:
    Dec 6 at 10:06 am

    Property Features for 1586 Us-331

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    City, Commercial
    APN
    03-2N-19-18000-013-0000
    Lot size
    3.00 Acres

    Somers &Company (850) 654-7777 [email protected]

    Listing agent John Paul Somers (850) 654-7777 License #3210089

    Listing date Jul 21, 2025

    Copyright © 2025 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.

    Overview

    Prime Commercial Land on Highway

    This commercial land is located on US Highway 331 South in DeFuniak Springs, Walton County, Florida. The property consists of 3+/- acres and is zoned C-1 according to the City of DeFuniak Springs Zoning Map. It is situated approximately 0.4+/- miles north of Interstate 10, offering convenient access to South Walton County, Destin, Fort Walton, Panama City, and Crestview. An existing survey is available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Defuniak Springs
    County
    Walton
    State
    Florida
    Longitude
    -86.123863
    Latitude
    30.699054

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    FAQs

    What type of property is this?
    Commercial land - 3+/- acres of commercial land near Interstate 10.
    Where is this commercial land located?
    The property is located at 1586 Us-331 Defuniak Springs, FL.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - Prime commercial location on US Highway 331 South.; - 3 +/- acres of land.; - Zoned C-1 according to the City of DeFuniak Springs Zoning Map.
    (850) 654-7777
    Request Owner's contact information
    1586 Us-331 Defuniak Springs, FL 32435
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    Defuniak Springs, FL 32435
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1586 Us-331 Defuniak Springs, FL 32435
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