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Waterfront Lot on Magnolia Lake
For Sale
$134,900

Magnolia Lake Drive lot 4, Defuniak Springs, FL 32433

Land, DeFuniak Springs, FL

Property SizeContact for details
Lot Size0.88 Acres
Days on Market116

Property Features for Magnolia Lake Drive lot 4

General Information

Property type Land
Property subtype Other
Zoning Resid Single Family
Subdivision MAGNOLIA LAKE ESTATES PH 1
Lot features Restrictions
Elementary school Maude Saunders
Middle school Walton
High school Walton
Directions Go to Walton Road, then go North on John Baldwin Road past the Elementary School. Take a left at the stop sign. The property will be on your left as you curve.
Standard status Active
APN 15-3N-19-19020-00A-0040
Lot size 0.88 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 4 BLK A MAGNOLIA LAKE PH I PB 14-2 OR 2546-196 OR 2651-1155 OR 2838-790 OR 3205-3791 OR 3257-3417
Tax Annual Amount 868
HOA Fee $250 Annually
Legal Description LOT 4 BLK A MAGNOLIA LAKE PH I PB 14-2 OR 2546-196 OR 2651-1155 OR 2838-790 OR 3205-3791 OR 3257-3417

Utilities

Water front features Lake
Water front 1
Listing Agency: Gilbert Realty
Listed By: Maurice D Gilbert · License #619746
Added: May 12 Changed: Sep 3 Last Checked: Sep 4 at 12:06PM
MLS# 1002841

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This is a large waterfront lot situated on Magnolia Lake, offering approximately 150 feet of water frontage. The property is located in close proximity to both an elementary and a high school, and it is also conveniently located just a few minutes from downtown DeFuniak Springs. It is part of a restricted community with a single entrance and exit. The lot encompasses 0.88 acres and features mature trees. Underground utilities are available within the subdivision. For lakefront lots in the subdivision, there is a requirement that each house must be at least 1500 square feet and heated & cooled. The property is zoned for single family residential use.

Key Highlights

  • Large waterfront lot with approximately 150 feet of frontage on Magnolia Lake.
  • Located in a restricted community with a single entrance and exit.
  • Convenient location near elementary and high schools, and downtown DeFuniak Springs.

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

39
Businesses Nearby

Demographics for 32433, FL

18,036
Population
8,059
Households
2.2
Avg Household Size
40
Median Age
13%
College-Educated
83%
High-School Grad
251.3 sq mi
ZIP Area
72
Density / Sq Mi
$51,604
Median Household Income
$35,086
Median Earnings
$1,045
Median Rent
$152,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Large waterfront lot near schools and downtown DeFuniak Springs.
Where is this residential land & home lot located?
The property is located at Magnolia Lake Drive lot 4 Defuniak Springs, FL.
What is the asking price?
The asking price for this property is $134,900.
What are key features of this property?
This property features: Large waterfront lot with approximately 150 feet of frontage on Magnolia Lake.; Located in a restricted community with a single entrance and exit.; Convenient location near elementary and high schools, and downtown DeFuniak Springs.
More about this property
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